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

OverviewForecast
EarningsRevenueDividendOwnership

Analyst price target for HLIT

Based on 6 analysts offering 12 month price targets for Harmonic Inc

Min Forecast
$12.50-3.03%
Avg Forecast
$15.25+18.31%
Max Forecast
$18.00+39.64%

Should I buy or sell HLIT stock?

Based on 6 analysts offering ratings for Harmonic Inc.

Buy
Strong Buy
2 analysts 33.33%
Buy
3 analysts 50%
Hold
1 analysts 16.67%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%
Our proven Zen Rating quant model agrees with analyst consensus with a "Buy" rating. Learn More

Be the first to know when Wall Street analysts revise their HLIT stock forecasts and price targets.

HLIT stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-10-29
lockedlocked$00.00+00.00%2024-10-29
lockedlocked$00.00+00.00%2024-10-29
lockedlocked$00.00+00.00%2024-10-29
lockedlocked$00.00+00.00%2024-10-29
Needham
Bottom 1%
1
BuyReiterates$18.00+39.64%2024-10-29

1 of 1

Forecast return on equity

Is HLIT forecast to generate an efficient return?

Company
22.28%
Industry
58.16%
Market
325.07%
HLIT's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is HLIT forecast to generate an efficient return on assets?

Company
12.58%
Industry
11.24%
HLIT is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

HLIT earnings per share forecast

What is HLIT's earnings per share in the next 3 years based on estimates from 3 analysts?

Avg 1 year Forecast
$0.52-31.14%
Avg 2 year Forecast
$0.69-8.78%
Avg 3 year Forecast
$0.82+7.89%
HLIT's earnings are forecast to... subscribe to Premium to read more.
Forecast High Earnings Growth Forecast

HLIT revenue forecast

What is HLIT's revenue in the next 3 years based on estimates from 3 analysts?

Avg 1 year Forecast
$670.1M+7.45%
Avg 2 year Forecast
$724.4M+16.16%
Avg 3 year Forecast
$867.8M+39.15%
HLIT's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

HLIT earnings growth forecast

How is HLIT forecast to perform vs Communication Equipment companies and vs the US market?

Company
-5.24%
Industry
19.2%
Market
19.93%
HLIT's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
HLIT's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
HLIT's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

HLIT revenue growth forecast

How is HLIT forecast to perform vs Communication Equipment companies and vs the US market?

Company
9.8%
Industry
14.4%
Market
7.53%
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$12.89$15.25+18.31%Buy
INFN$6.63$6.52-1.66%Hold
KN$19.58$19.00-2.96%Hold
AAOI$38.88$21.13-45.67%Buy
DGII$32.49$30.33-6.64%Hold
View Top Communication Equipment Stocks

Harmonic Stock Forecast FAQ

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

The consensus among 6 Wall Street analysts covering (NASDAQ: HLIT) stock is to Buy HLIT stock.

Out of 6 analysts, 2 (33.33%) are recommending HLIT as a Strong Buy, 3 (50%) are recommending HLIT as a Buy, 1 (16.67%) 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 earnings growth forecast for 2024-2026?

(NASDAQ: HLIT) Harmonic's forecast annual earnings growth rate of -5.24% is not forecast to beat the US Communication Equipment industry's average forecast earnings growth rate of 19.2%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 19.93%.

Harmonic's earnings in 2024 is $84,938,000.On average, 3 Wall Street analysts forecast HLIT's earnings for 2024 to be $60,979,213, with the lowest HLIT earnings forecast at $58,264,106, and the highest HLIT earnings forecast at $62,925,234. On average, 3 Wall Street analysts forecast HLIT's earnings for 2025 to be $80,789,009, with the lowest HLIT earnings forecast at $67,586,363, and the highest HLIT earnings forecast at $95,553,134.

In 2026, HLIT is forecast to generate $95,553,134 in earnings, with the lowest earnings forecast at $95,553,134 and the highest earnings forecast at $95,553,134.

What is HLIT's revenue growth forecast for 2024-2026?

(NASDAQ: HLIT) Harmonic's forecast annual revenue growth rate of 9.8% is not forecast to beat the US Communication Equipment industry's average forecast revenue growth rate of 14.4%, and while it is forecast to beat the US market's average forecast revenue growth rate of 7.53%.

Harmonic's revenue in 2024 is $623,648,000.On average, 3 Wall Street analysts forecast HLIT's revenue for 2024 to be $78,089,400,292, with the lowest HLIT revenue forecast at $77,701,011,762, and the highest HLIT revenue forecast at $78,609,931,815. On average, 3 Wall Street analysts forecast HLIT's revenue for 2025 to be $84,413,036,773, with the lowest HLIT revenue forecast at $80,987,107,340, and the highest HLIT revenue forecast at $87,873,924,669.

In 2026, HLIT is forecast to generate $101,123,182,374 in revenue, with the lowest revenue forecast at $90,355,975,585 and the highest revenue forecast at $111,890,389,162.

What is HLIT's forecast return on assets (ROA) for 2024-2026?

(NASDAQ: HLIT) forecast ROA is 12.58%, which is higher than the forecast US Communication Equipment industry average of 11.24%.

What is HLIT's Price Target?

According to 6 Wall Street analysts that have issued a 1 year HLIT price target, the average HLIT price target is $15.25, with the highest HLIT stock price forecast at $18.00 and the lowest HLIT stock price forecast at $12.50.

On average, Wall Street analysts predict that Harmonic's share price could reach $15.25 by Oct 29, 2025. The average Harmonic stock price prediction forecasts a potential upside of 18.31% from the current HLIT share price of $12.89.

What is HLIT's Earnings Per Share (EPS) forecast for 2024-2026?

(NASDAQ: HLIT) Harmonic's current Earnings Per Share (EPS) is $0.76. On average, analysts forecast that HLIT's EPS will be $0.52 for 2024, with the lowest EPS forecast at $0.50, and the highest EPS forecast at $0.54. On average, analysts forecast that HLIT's EPS will be $0.69 for 2025, with the lowest EPS forecast at $0.58, and the highest EPS forecast at $0.82. In 2026, HLIT's EPS is forecast to hit $0.82 (min: $0.82, max: $0.82).

What is HLIT's forecast return on equity (ROE) for 2024-2026?

(NASDAQ: HLIT) forecast ROE is 22.28%, which is considered strong.
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