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

Analyst price target for HLIT

Based on 5 analysts offering 12 month price targets for Harmonic Inc.
Min Forecast
$17.00+18.96%
Avg Forecast
$19.00+32.96%
Max Forecast
$20.00+39.96%

Should I buy or sell HLIT stock?

Based on 5 analysts offering ratings for Harmonic Inc.
Strong Buy
Strong Buy
3 analysts 60%
Buy
2 analysts 40%
Hold
0 analysts 0%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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
Raymond James
Bottom 11%
11
BuyMaintains$17.00+18.96%2023-01-31
Needham
Bottom 2%
2
BuyReiterates$19.00+32.96%2023-01-31
Barclays
Top 11%
90
Strong BuyMaintains$20.00+39.96%2023-01-31Find out why
Jefferies
Top 6%
95
Strong BuyUpgrades$19.00+32.96%2023-01-09
Rosenblatt
Top 20%
81
Strong BuyMaintains$20.00+39.96%2022-10-19
Anonymous
Rosenblatt
Strong BuyInitiates Coverage On$15.00+4.97%2022-05-24

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Forecast return on equity

Is HLIT forecast to generate an efficient return?
Company
16.83%
Industry
-36.19%
Market
37.27%
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
7.25%
Industry
12.22%
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 1 years based on estimates from 3 analysts?
Avg 1 year Forecast
$0.48+17.07%

HLIT revenue forecast

What is HLIT's revenue in the next 1 years based on estimates from 3 analysts?
Avg 1 year Forecast
$710.9M+15.33%

HLIT vs Communication Equipment Stocks

TickerPricePrice TargetUp/downsideConsensus
HLIT$14.29$19.00+32.96%Strong Buy
SATS$18.79$26.00+38.37%Buy
ADTN$18.16$27.00+48.68%Strong Buy
INFN$7.54$8.30+10.08%Hold
DGII$35.21$46.00+30.64%Strong Buy

Harmonic Stock Forecast FAQ

Is Harmonic Stock a good buy in 2023, according to Wall Street analysts?

The consensus among 5 Wall Street analysts covering (NASDAQ: HLIT) stock is to Strong Buy HLIT stock.

Out of 5 analysts, 3 (60%) are recommending HLIT as a Strong Buy, 2 (40%) 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 earnings growth forecast for 2023-2023?

(NASDAQ: HLIT) Harmonic's forecast annual earnings growth rate of N/A is not forecast to beat the US Communication Equipment industry's average forecast earnings growth rate of N/A, and while it is not forecast to beat the US market's average forecast earnings growth rate of N/A.

Harmonic's earnings in 2023 is $41,908,000.

In 2023, HLIT is forecast to generate $50,609,478 in earnings, with the lowest earnings forecast at $41,120,201 and the highest earnings forecast at $57,990,027.

What is HLIT's revenue growth forecast for 2023-2023?

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

Harmonic's revenue in 2023 is $616,427,000.

In 2023, HLIT is forecast to generate $74,954,746,002 in revenue, with the lowest revenue forecast at $73,963,643,720 and the highest revenue forecast at $76,441,399,425.

What is HLIT's forecast return on assets (ROA) for 2023-2023?

(NASDAQ: HLIT) forecast ROA is 7.25%, which is lower than the forecast US Communication Equipment industry average of 12.22%.

What is HLIT's Price Target?

According to 5 Wall Street analysts that have issued a 1 year HLIT price target, the average HLIT price target is $19.00, with the highest HLIT stock price forecast at $20.00 and the lowest HLIT stock price forecast at $17.00.

On average, Wall Street analysts predict that Harmonic's share price could reach $19.00 by Jan 31, 2024. The average Harmonic stock price prediction forecasts a potential upside of 32.96% from the current HLIT share price of $14.29.

What is HLIT's Earnings Per Share (EPS) forecast for 2023-2023?

(NASDAQ: HLIT) Harmonic's current Earnings Per Share (EPS) is $0.41. In 2023, HLIT's EPS is forecast to hit $0.48 (min: $0.39, max: $0.55).

What is HLIT's forecast return on equity (ROE) for 2023-2023?

(NASDAQ: HLIT) forecast ROE is 16.83%, which is considered weak.
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