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NASDAQ: HLIT
Harmonic Inc Stock Forecast, Predictions & Price Target

Analyst price target for HLIT

Based on 4 analysts offering 12 month price targets for Harmonic Inc.
Min Forecast
$14.00+40.14%
Avg Forecast
$16.50+65.17%
Max Forecast
$18.00+80.18%

Should I buy or sell HLIT stock?

Based on 4 analysts offering ratings for Harmonic Inc.
Strong Buy
Strong Buy
3 analysts 75%
Buy
1 analysts 25%
Hold
0 analysts 0%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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HLIT stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-04-17
lockedlocked$00.00+00.00%2024-01-30
lockedlocked$00.00+00.00%2024-01-30
lockedlocked$00.00+00.00%2023-11-01

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Forecast return on equity

Is HLIT forecast to generate an efficient return?

Forecast return on assets

Is HLIT forecast to generate an efficient return on assets?

HLIT revenue forecast

What is HLIT's revenue in the next 2 years based on estimates from 3 analysts?
Avg 1 year Forecast
$659.2M+8.43%
Avg 2 year Forecast
$841.9M+38.49%
HLIT's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

HLIT revenue growth forecast

How is HLIT forecast to perform vs Communication Equipment companies and vs the US market?
Company
8.43%
Industry
-3.04%
Market
13.58%
HLIT's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
HLIT's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

HLIT vs Communication Equipment Stocks

TickerPricePrice TargetUp/downsideConsensus
HLIT$9.99$16.50+65.17%Strong Buy
INFN$4.66$7.25+55.58%Strong Buy
DGII$29.60$36.33+22.75%Strong Buy
KN$15.27$15.00-1.77%Hold
EXTR$10.94$14.88+35.97%Buy

Harmonic Stock Forecast FAQ

Is Harmonic Stock a good buy in 2024, according to Wall Street analysts?

The consensus among 4 Wall Street analysts covering (NASDAQ: HLIT) stock is to Strong Buy HLIT stock.

Out of 4 analysts, 3 (75%) are recommending HLIT as a Strong Buy, 1 (25%) are recommending HLIT as a Buy, 0 (0%) are recommending HLIT as a Hold, 0 (0%) are recommending HLIT as a Sell, and 0 (0%) are recommending HLIT as a Strong Sell.

If you're new to stock investing, here's how to buy Harmonic stock.

What is HLIT's revenue growth forecast for 2024-2025?

(NASDAQ: HLIT) Harmonic's forecast annual revenue growth rate of 8.43% is forecast to beat the US Communication Equipment industry's average forecast revenue growth rate of -3.04%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 13.58%.

Harmonic's revenue in 2024 is $607,907,000.On average, 3 Wall Street analysts forecast HLIT's revenue for 2024 to be $73,766,508,360, with the lowest HLIT revenue forecast at $72,225,971,145, and the highest HLIT revenue forecast at $76,377,789,443.

In 2025, HLIT is forecast to generate $94,212,255,072 in revenue, with the lowest revenue forecast at $85,475,978,866 and the highest revenue forecast at $101,445,371,619.

What is HLIT's forecast return on assets (ROA) for 2024-2025?

(NASDAQ: HLIT) forecast ROA is N/A, which is lower than the forecast US Communication Equipment industry average of 6.99%.

What is HLIT's Price Target?

According to 4 Wall Street analysts that have issued a 1 year HLIT price target, the average HLIT price target is $16.50, with the highest HLIT stock price forecast at $18.00 and the lowest HLIT stock price forecast at $14.00.

On average, Wall Street analysts predict that Harmonic's share price could reach $16.50 by Apr 17, 2025. The average Harmonic stock price prediction forecasts a potential upside of 65.17% from the current HLIT share price of $9.99.

What is HLIT's forecast return on equity (ROE) for 2024-2025?

(NASDAQ: HLIT) forecast ROE is N/A, which is considered weak.
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