Harmonic (HLIT) Stock Price

Harmonic Price

NASDAQ·CLOSED
12.47USD+0.44 (+3.59 %)
Market closed

Over the last 19 years Harmonic grew revenue by 2.0% annually, reaching 360.52 M USD. Earnings per share have grown at 20.0% per year over the last 18 years. For Harmonic, the net margin of -12.0% is down versus 2.6% a few years ago. The consensus 12-month price target for Harmonic is 12.24 USD, about 1.8% below where the stock trades today. Of 13 analysts, 9 rate the stock a buy — an overall Buy consensus. Harmonic's share price has gained 40.3% over the last twelve months. The stock trades about 49% above its 52-week low.

Harmonic stock price

Volume
Details

Stock Price

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How to Read This Chart

This chart tracks the historical stock price of Harmonic over time. You can switch between daily, weekly, and monthly views and select custom time ranges — from a single day to the full available history. Use the toggle to view price changes in absolute currency terms or as a percentage change relative to the starting date.

Total Return vs. Price Return

The "Total Return" toggle includes reinvested dividends on top of the pure price movement. This is critical because dividends can account for a significant portion of long-term returns. Historically, roughly 40 % of the S&P 500's total return has come from dividends. Always compare total return when evaluating a stock's real performance against a benchmark.

Intraday Price Data

When viewing a one-day time frame, the chart displays real-time intraday price movements. This is useful for observing how Harmonic stock reacts to market openings, earnings releases, or breaking news throughout the trading session.

What to Look For

Look for long-term trends (sustained upward or downward movements over months and years), support and resistance levels (price zones where the stock repeatedly bounces or reverses), and volatility (how much the price fluctuates day to day). Comparing Harmonic's price chart to a market index like the S&P 500 can reveal whether the stock is outperforming or underperforming the broader market.

Harmonic Stock Price History
DateHarmonic Price
7/21/202612.47 USD
7/20/202612.03 USD
7/17/202612.03 USD
7/16/202612.20 USD
7/15/202612.99 USD
7/14/202613.67 USD
7/13/202613.69 USD
7/10/202614.05 USD
7/9/202614.14 USD
7/8/202613.43 USD
7/7/202613.43 USD
7/6/202614.41 USD
7/2/202614.07 USD
7/1/202615.78 USD
6/30/202616.33 USD
6/29/202615.46 USD
6/26/202614.90 USD
6/25/202614.85 USD
6/24/202614.54 USD
6/23/202614.66 USD
6/22/202615.03 USD
6/18/202615.02 USD
6/17/202615.18 USD
6/16/202614.70 USD
6/15/202615.22 USD
6/12/202614.87 USD
6/11/202614.24 USD
6/10/202613.70 USD
6/9/202613.41 USD
6/8/202614.09 USD
6/5/202613.68 USD
6/4/202614.48 USD
6/3/202614.95 USD
6/2/202616.18 USD
6/1/202615.66 USD
5/29/202615.26 USD
5/28/202617.46 USD
5/27/202617.13 USD
5/26/202616.44 USD
5/22/202615.22 USD
5/21/202612.65 USD
5/20/202612.31 USD
5/19/202612.30 USD
5/18/202612.48 USD
5/15/202612.54 USD
5/14/202613.34 USD
5/13/202613.35 USD
5/12/202612.95 USD
5/11/202612.83 USD
5/8/202612.81 USD
5/7/202612.28 USD
5/6/202612.18 USD
5/5/202611.89 USD
5/4/202611.80 USD
5/1/202611.76 USD
4/30/202611.43 USD
4/29/202610.32 USD
4/28/202610.21 USD
4/27/202610.49 USD
4/24/202610.56 USD
4/23/202610.43 USD
4/22/202610.64 USD
4/21/202610.82 USD
4/20/202610.83 USD
4/17/202610.50 USD
4/16/202610.22 USD
4/15/20269.88 USD
4/14/20269.78 USD
4/13/20269.95 USD
4/10/20269.75 USD
4/9/20269.69 USD
4/8/20269.61 USD
4/7/20269.38 USD
4/6/20269.29 USD
4/2/20269.20 USD
4/1/20269.08 USD
3/31/20268.98 USD
3/30/20268.85 USD
3/27/20269.38 USD
3/26/20269.40 USD
3/25/20269.51 USD
3/24/20269.32 USD
3/23/20269.26 USD
3/20/20269.00 USD
3/19/20269.26 USD
3/18/20269.26 USD
3/17/20269.51 USD
3/16/20269.48 USD
3/13/20269.31 USD
3/12/20269.37 USD
3/11/20269.34 USD
3/10/20269.48 USD
3/9/20269.51 USD
3/6/20269.38 USD
3/5/20269.93 USD
3/4/202610.22 USD
3/3/202610.21 USD
3/2/202610.94 USD
2/27/202610.63 USD
2/26/202610.22 USD
2/25/202610.42 USD
2/24/202610.44 USD
2/23/202610.29 USD
2/20/202610.90 USD
2/19/202610.73 USD
2/18/202610.56 USD
2/17/202610.94 USD
2/13/202610.79 USD
2/12/202610.15 USD
2/11/202610.01 USD
2/10/202610.34 USD
2/9/202610.29 USD
2/6/202610.10 USD
2/5/20269.62 USD
2/4/20269.69 USD
2/3/20269.84 USD
2/2/20269.97 USD
1/30/20269.72 USD
1/29/20269.86 USD
1/28/202610.04 USD
1/27/202610.25 USD
1/26/202610.27 USD
1/23/202610.25 USD
1/22/202610.50 USD
1/21/202610.17 USD
1/20/20269.87 USD
1/16/202610.07 USD
1/15/202610.22 USD
1/14/20269.95 USD
1/13/202610.23 USD
1/12/202610.06 USD
1/9/20269.63 USD
1/8/20269.60 USD
1/7/202610.10 USD
1/6/202610.06 USD
1/5/202610.03 USD
1/2/202610.02 USD
12/31/20259.89 USD
12/30/20259.95 USD
12/29/20259.99 USD
12/26/20259.96 USD
12/24/20259.97 USD
12/23/202510.00 USD
12/22/20259.97 USD
12/19/20259.88 USD
12/18/202510.15 USD
12/17/202510.32 USD
12/16/202510.42 USD
12/15/202510.46 USD
12/12/202510.28 USD
12/11/202510.71 USD
12/10/202510.63 USD
12/9/202510.45 USD
12/8/202510.31 USD
12/5/20259.69 USD
12/4/20259.58 USD
12/3/20259.76 USD
12/2/20259.67 USD
12/1/20259.41 USD
11/28/20259.56 USD
11/26/20259.54 USD
11/25/20259.48 USD
11/24/20259.01 USD
11/21/20258.87 USD
11/20/20258.93 USD
11/19/20259.20 USD
11/18/20259.28 USD
11/17/20259.30 USD
11/14/20259.56 USD
11/13/20259.61 USD
11/12/202510.26 USD
11/11/202510.23 USD
11/10/202510.09 USD
11/7/202510.01 USD
11/6/202510.18 USD
11/5/202510.44 USD
11/4/202510.43 USD
11/3/202510.75 USD
10/31/202510.70 USD
10/30/202510.65 USD
10/29/202510.40 USD
10/28/202510.55 USD
10/27/202510.47 USD
10/24/202510.49 USD
10/23/202510.40 USD
10/22/202510.37 USD
10/21/202510.33 USD
10/20/202510.29 USD
10/17/202510.21 USD
10/16/202510.29 USD
10/15/202510.43 USD
10/14/202510.17 USD
10/13/20259.93 USD
10/10/20259.71 USD
10/9/202510.29 USD
10/8/202510.35 USD
10/7/202510.40 USD
10/6/202510.64 USD
10/3/202510.70 USD
10/2/202510.60 USD
10/1/202510.60 USD
9/30/202510.18 USD
9/29/202510.04 USD
9/28/202510.04 USD
9/25/202510.07 USD
9/24/20259.90 USD
9/23/202510.16 USD
9/22/202510.29 USD
9/19/202510.32 USD
9/18/202510.49 USD
9/17/202510.03 USD
9/16/20259.99 USD
9/15/202510.00 USD
9/12/20259.92 USD
9/11/202510.12 USD
9/10/20259.84 USD
9/9/20259.91 USD
9/8/20259.95 USD
9/5/202510.09 USD
9/4/20259.92 USD
9/3/20259.89 USD
9/2/20259.30 USD
8/29/20259.55 USD
8/28/20259.72 USD
8/27/20259.49 USD
8/26/20259.42 USD
8/25/20259.35 USD
8/22/20259.14 USD
8/21/20258.81 USD
8/20/20258.76 USD
8/19/20259.00 USD
8/18/20259.05 USD
8/15/20259.02 USD
8/14/20258.89 USD
8/13/20259.22 USD
8/12/20259.11 USD
8/11/20258.75 USD
8/8/20258.93 USD
8/7/20258.74 USD
8/6/20258.70 USD
8/5/20258.73 USD
8/4/20258.63 USD
7/31/20258.35 USD
7/30/20258.51 USD
7/29/20258.99 USD
7/28/20258.72 USD
7/27/20259.14 USD
7/25/20259.02 USD
7/24/20258.89 USD
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Harmonic Revenue, EBIT, Net Income

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Revenue
EBIT
Net Income
Details
Date
Revenue
EBIT
Net Income
Jan 1, 2020
378.83 M USD
-14.71 M USD
-29.27 M USD
Jan 1, 2021
507.15 M USD
19.50 M USD
13.25 M USD
Jan 1, 2022
624.96 M USD
45.52 M USD
28.18 M USD
Jan 1, 2023
607.91 M USD
22.17 M USD
83.99 M USD
Jan 1, 2024
678.72 M USD
63.14 M USD
39.22 M USD
Jan 1, 2025
360.52 M USD
12.66 M USD
-43.31 M USD
Jan 1, 2026 (e)
486.88 M USD
112.28 M USD
43.02 M USD
Jan 1, 2027 (e)
548.59 M USD
159.94 M USD
87.24 M USD

Harmonic Income Statement, Balance Sheet, Cash Flow Statement

Last updated Jul 24, 2026, 8:15 PM
 
REVENUEM USD
REVENUE GROWTH%
GROSS MARGIN%
GROSS INCOMEM USD
EBITM USD
EBIT MARGIN%
NET INCOMEB USD
NET INCOME GROWTH%
SHARESM
20122013201420152016201720182019202020212022202320242025e2026e2027e
476.00461.00433.00377.00405.00358.00403.00402.00378.00507.00625.00607.00678.00565.00688.00784.00
-2.86-3.15-6.07-12.937.43-11.6012.57-0.25-5.9734.1323.27-2.8811.70-16.6721.7713.95
46.2247.9448.9653.5850.3747.7752.1155.7251.8551.2850.5651.5753.9853.9853.9853.98
220.00221.00212.00202.00204.00171.00210.00224.00196.00260.00316.00313.00366.00305.00371.40423.22
-17.00-20.00-18.00-11.00-49.00-64.00-1.0017.00-9.0019.0049.0023.0092.0066.00112.00159.00
-3.57-4.34-4.16-2.92-12.10-17.88-0.254.23-2.383.757.843.7913.5711.6816.2820.28
-0.010.04-0.05-0.02-0.07-0.08-0.02-0.01-0.030.010.030.080.040.050.080.12
-225.00-470.00-224.32-67.39380.0015.28-74.70-76.19480.00-144.83115.38196.43-53.0125.6469.3948.19
116.50107.8092.5087.5077.7081.0085.6089.6097.00106.20112.40117.36117.48117.48117.48117.48
Details

Income Statement Key Figures

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Revenue and Revenue Growth

Revenue is the starting point of every income statement — it measures the total sales Harmonic generates from its core business. Revenue growth (expressed as year-over-year percentage change) is one of the most important indicators of business momentum. Sustained growth above 10 % annually is generally considered strong, while declining revenue is a serious warning sign that demands investigation.

Gross Margin

Gross margin = (Revenue − Cost of Goods Sold) ÷ Revenue. It reveals what percentage of each dollar of revenue Harmonic retains after direct production costs. High gross margins (above 50 %) are typical of asset-light businesses like software and brands, while capital-intensive industries like manufacturing often operate below 30 %. Compare Harmonic's gross margin to industry peers and track it over time to spot improving or deteriorating pricing power.

EBIT and EBIT Margin

EBIT measures operating profit — what remains after subtracting all operating expenses (including R&D, sales, and administrative costs) from gross profit. The EBIT margin shows this as a percentage of revenue. Because it excludes interest and taxes, EBIT allows fair comparisons between companies with different debt levels and tax jurisdictions. A rising EBIT margin indicates improving operational efficiency.

Net Income and Earnings Per Share (EPS)

Net income is the company's final profit after all expenses, interest, and taxes. Dividing net income by the number of shares outstanding gives you EPS — the single most influential metric in stock valuation. Consistent EPS growth is the primary driver of long-term stock price appreciation. Always check whether EPS growth comes from genuine profit improvement or from share buybacks reducing the share count.

Shares Outstanding

The total number of shares Harmonic has issued. A declining share count (through buybacks) boosts EPS and signals management confidence. A rising share count (through stock issuance) dilutes existing shareholders. Always monitor this number alongside EPS to get the full picture of per-share value creation.

Analyst Estimates

The projected figures represent consensus estimates from professional analysts. Compare these forecasts against Harmonic's historical growth rates to assess whether expectations are realistic. A company that consistently beats consensus estimates tends to see its stock price rewarded over time, while repeated misses erode investor confidence.

Harmonic stock margins

The Harmonic margin analysis displays the gross margin, EBIT margin, as well as the profit margin of Harmonic. The EBIT margin (EBIT/sales) indicates the percentage of sales that remains as operating profit. The profit margin shows the percentage of sales that remains for Harmonic.

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Gross margin
EBIT margin
Profit margin
Details
Date
Gross margin
EBIT margin
Profit margin
Jan 1, 2020
51.47 %
-3.88 %
-7.73 %
Jan 1, 2021
51.22 %
3.84 %
2.61 %
Jan 1, 2022
50.54 %
7.28 %
4.51 %
Jan 1, 2023
51.41 %
3.65 %
13.82 %
Jan 1, 2024
53.91 %
9.30 %
5.78 %
Jan 1, 2025
45.40 %
3.51 %
-12.01 %
Jan 1, 2026 (e)
45.40 %
23.06 %
8.84 %
Jan 1, 2027 (e)
45.40 %
29.15 %
15.90 %

Harmonic Stock Revenue, EBIT, Earnings per Share

The Harmonic earnings per share therefore indicates how much revenue Harmonic has generated per share in a given period. The earnings before interest and taxes per share shows how much of the operating profit corresponds to each share. The earnings per share indicates how much of the profit belongs to each share.

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Revenue per Share
EBIT per share
Earnings per Share
Details
Date
Revenue per Share
EBIT per share
Earnings per Share
Jan 1, 2020
3.78 USD
-0.15 USD
-0.29 USD
Jan 1, 2021
4.59 USD
0.18 USD
0.12 USD
Jan 1, 2022
5.33 USD
0.39 USD
0.24 USD
Jan 1, 2023
5.25 USD
0.19 USD
0.73 USD
Jan 1, 2024
5.77 USD
0.54 USD
0.33 USD
Jan 1, 2025
3.19 USD
0.11 USD
-0.38 USD
Jan 1, 2026 (e)
4.34 USD
0.99 USD
0.38 USD
Jan 1, 2027 (e)
4.89 USD
1.42 USD
0.78 USD

Harmonic business model & stock analysis

Harmonic Inc is a leading provider of video and broadband technology solutions for media companies, service providers, and businesses worldwide. The company was founded in 1988 and is headquartered in San Jose, California. The history of Harmonic begins with its founder Dr. Bernard G. "Ben" Glaser, who pioneered digital signal processing. He was the first to develop digital signal processors ("DSPs") for real-time applications like multimedia and telecommunications. This laid the foundation for the technology that Harmonic would later use to create video and broadband solutions. In the 1990s, Harmonic expanded its portfolio to include products and services for microwave applications, high-speed access, and internet backbone connectivity. With the increasing popularity of streaming video in the 2000s, the company refocused on video transmission and encoding solutions. Harmonic offers a variety of products and services, with the most well-known being the Electra Video Platform, widely used in the broadcasting and streaming industry. The Electra platform provides a fully integrated solution for encoding, processing, and transmitting real-time video content. It is capable of transmitting content in various formats and resolutions, including the latest 4K Ultra HD technology. Another significant product line from Harmonic is the CableOS products, specifically designed for cable television providers. CableOS is a virtual solution for transmitting cable television signals over fiber optic networks. This technology offers many advantages over traditional hardware-based solutions, such as higher flexibility and scalability at a lower cost. Harmonic also offers a variety of solutions for live broadcasting, including the VOS 360 solution. This platform allows users to transmit live video content in a cloud-based environment, providing higher flexibility and scalability. In recent years, Harmonic has also invested in the field of artificial intelligence and machine learning. The company utilizes these technologies to provide more powerful and efficient video encoding solutions. The new solutions offer higher image quality and better compression at reduced operational costs. Harmonic's business model is focused on selling products and services to media companies, service providers, and businesses worldwide. The company also provides training and support services to assist their customers with product setup and maintenance. Harmonic has been listed on the NASDAQ since 1995. The company has experienced strong growth in recent years and expanded its presence globally. Today, the company has offices in Asia, Europe, and the US. Overall, Harmonic is a leading company in the video and broadband technology industry. With a wide range of products and a strong commitment to innovation and customer service, the company is well-positioned to continue growing and driving significant advancements in the industry.

Harmonic SWOT Analysis

Strengths

Harmonic Inc has a strong brand reputation and recognition in the industry, which helps in attracting customers and business partnerships.

The company offers a diverse range of innovative and high-quality products that cater to the needs of various customers in the entertainment and media industry.

Harmonic Inc has a well-established distribution network that allows them to effectively reach their target market and distribute their products globally.

The company has a highly skilled and experienced workforce that contributes to the development and delivery of cutting-edge technology solutions.

Weaknesses

Harmonic Inc relies heavily on a limited number of key customers, which makes them vulnerable to potential losses if any of these major customers sever their relationships.

The company faces intense competition in the industry, which puts pressure on their pricing and market share.

Harmonic Inc may have slower decision-making processes due to its large organizational structure, leading to potential inefficiencies.

The company has a dependence on external suppliers for certain components, which can pose supply chain risks and potential disruptions.

Opportunities

The growing demand for high-quality video streaming services presents an opportunity for Harmonic Inc to further expand its customer base and sales.

The company can capitalize on emerging technologies, such as virtual reality and augmented reality, by developing new products or integrating their existing offerings.

Expanding into new geographical markets where there is a rising demand for advanced video delivery solutions can help Harmonic Inc increase its market presence.

Strategic partnerships or acquisitions with complementary companies can provide access to new technologies and markets, enhancing Harmonic Inc's competitive position.

Threats

The rapidly changing technology landscape and evolving consumer preferences pose a risk of obsolescence for Harmonic Inc's products if they fail to adapt quickly enough.

Increasing competition from both established players and new entrants in the industry may erode Harmonic Inc's market share and pricing power.

Economic downturns or fluctuations in consumer spending can impact the demand for entertainment and media services, affecting Harmonic Inc's sales and profitability.

The company faces potential intellectual property disputes or patent infringement claims from competitors, which can lead to legal and financial challenges.

Harmonic Segments

Harmonic Revenue by Segment (1/2)

  • 3 Years

  • 5 Years

  • Max

Appliance and integration
ApplianceIntegration[Member]
Appliance & Integration
SaaS and service
SaaSService[Member]
Details
Date
Appliance and integration
ApplianceIntegration[Member]
Appliance & Integration
SaaS and service
SaaSService[Member]
Jan 1, 2018
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2019
0.00 USD
0.00 USD
275.80 M USD
127.08 M USD
0.00 USD
Jan 1, 2020
0.00 USD
0.00 USD
252.01 M USD
126.82 M USD
0.00 USD
Jan 1, 2021
369.77 M USD
0.00 USD
0.00 USD
137.38 M USD
0.00 USD
Jan 1, 2022
473.81 M USD
0.00 USD
0.00 USD
151.15 M USD
0.00 USD
Jan 1, 2023
435.88 M USD
0.00 USD
0.00 USD
172.03 M USD
0.00 USD
Jan 1, 2024
507.38 M USD
0.00 USD
0.00 USD
171.34 M USD
0.00 USD
Jan 1, 2025
0.00 USD
302.79 M USD
0.00 USD
0.00 USD
57.74 M USD

Harmonic Revenue by Segment (2/2)

  • 3 Years

  • 5 Years

  • Max

Product
Service
Details
Date
Product
Service
Jan 1, 2018
252.07 M USD
151.49 M USD
Jan 1, 2019
0.00 USD
0.00 USD
Jan 1, 2020
0.00 USD
0.00 USD
Jan 1, 2021
0.00 USD
0.00 USD
Jan 1, 2022
0.00 USD
0.00 USD
Jan 1, 2023
0.00 USD
0.00 USD
Jan 1, 2024
0.00 USD
0.00 USD
Jan 1, 2025
0.00 USD
0.00 USD

Harmonic Revenue by Region

  • 3 Years

  • 5 Years

  • Max

Americas
United States
Other countries
EMEA
APAC
Details
Date
Americas
United States
Other countries
EMEA
APAC
Jan 1, 2018
0.00 USD
181.97 M USD
221.59 M USD
0.00 USD
0.00 USD
Jan 1, 2019
0.00 USD
202.27 M USD
200.60 M USD
0.00 USD
0.00 USD
Jan 1, 2020
0.00 USD
191.85 M USD
186.98 M USD
0.00 USD
0.00 USD
Jan 1, 2021
0.00 USD
282.91 M USD
224.24 M USD
0.00 USD
0.00 USD
Jan 1, 2022
0.00 USD
393.99 M USD
230.97 M USD
0.00 USD
0.00 USD
Jan 1, 2023
0.00 USD
408.95 M USD
198.96 M USD
0.00 USD
0.00 USD
Jan 1, 2024
0.00 USD
515.04 M USD
163.68 M USD
0.00 USD
0.00 USD
Jan 1, 2025
320.57 M USD
277.05 M USD
83.47 M USD
33.89 M USD
6.06 M USD

Harmonic Eulerpool Fair Value

Details

Fair Value Estimate

ⓘ

What Is Fair Value?

Fair value is an estimate of what a stock is truly "worth" based on its financial fundamentals, independent of the current market price. If the calculated fair value is above the current share price, the stock may be undervalued — and vice versa. This chart shows three different fair value approaches so you can cross-check them against each other.

Earnings-Based Fair Value

Calculated by multiplying the current earnings per share (EPS) by the average historical P/E ratio over a selected multi-year period. The smoothing over several years filters out temporary spikes or dips. If this fair value exceeds the market price, it suggests the stock is cheap relative to its earning power.

Example: Fair Value (Earnings) 2022 = EPS 2022 × Average P/E 2019–2021

Revenue-Based Fair Value

Derived by multiplying revenue per share by the average historical price-to-sales ratio. This method is particularly useful for companies with volatile or temporarily depressed earnings, as revenue tends to be more stable than profits. It answers: "At what price has the market historically valued each dollar of this company's sales?"

Example: Fair Value (Revenue) 2022 = Revenue per Share 2022 × Average P/S 2019–2021

Dividend-Based Fair Value

Calculated by dividing the dividend per share by the average historical dividend yield. This approach is most relevant for mature, consistently dividend-paying companies. If the resulting fair value is higher than the current price, it implies the stock offers a better yield than its historical average.

Example: Fair Value (Dividend) 2022 = Dividend per Share 2022 ÷ Average Yield 2019–2021

How to Use This Chart

When all three fair value lines converge above the current price, it strengthens the case that the stock is undervalued. When they diverge, investigate why — it may indicate a structural shift in margins, payout policy, or growth rate. The forward estimates on the right extend the analysis using projected fundamentals, helping you assess whether the current price already reflects future growth expectations.

Harmonic historical P/E ratio, EBIT multiple, and P/S ratio

Harmonic annual returns

Details

Annual Return

ⓘ

What This Chart Shows

This chart breaks down 's total annual return into two components: price return (gains or losses from stock price movement) and dividend return (income received from dividend payments). Together, they represent the total return an investor would have earned in each calendar year.

Price Return

Price return measures the percentage change in 's stock price from January 1st to December 31st of each year. Positive bars indicate the stock appreciated; negative bars show a decline. This is the component most investors focus on, but it tells only part of the story — especially for dividend-paying stocks.

Dividend Return

Dividend return represents the income generated from dividends paid during the year, expressed as a percentage of the starting stock price. While it may seem small in any single year (typically 1–4 % for established companies), dividends compound significantly over decades and have historically contributed roughly 40 % of total stock market returns.

What to Look For

Examine how many years showed positive vs. negative returns to gauge consistency. A stock with mostly positive years and small drawdowns suggests lower risk. Also compare 's annual returns to a benchmark index — consistently outperforming the market is a hallmark of a strong investment. Pay attention to the worst years: understanding downside risk is just as important as chasing upside potential.

Harmonic shares outstanding

The number of shares of Harmonic was 113 M in 2025. This indicates how many shares Harmonic is divided into. Since shareholders are the owners of a company, each share represents a small portion of the company's ownership.

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Number of stocks
Details
Date
Number of stocks
Jan 1, 2020
100.32 M Stocks
Jan 1, 2021
110.47 M Stocks
Jan 1, 2022
117.30 M Stocks
Jan 1, 2023
115.69 M Stocks
Jan 1, 2024
117.70 M Stocks
Jan 1, 2025
113.00 M Stocks
Jan 1, 2026 (e)
113.00 M Stocks
Jan 1, 2027 (e)
113.00 M Stocks

Harmonic stock splits

In Harmonic's history, there have been no stock splits.

Current Harmonic forecasts and price targets in July 2026

Analyst Price Targets 2026
Δ MOM Price Target
0.00 %
Buy69.23 % (9)
Hold23.08 % (3)
Sell7.69 % (1)
12M Price Target
12.24
Last Price
11.60
Currency
USD
12M Return Potential
5.52 %
LTM Return
0 %

Harmonic Earnings Estimates

DateEPS estimateRevenue EstimateQuarterly report
8/3/20260.17USD123.30 MUSD2026 Q2
5/11/20260.12USD104.26 MUSD2026 Q1
5/4/20260.12USD104.26 MUSD2026 Q1
4/27/20260.12USD104.26 MUSD2026 Q1
2/19/20260.10USD144.16 MUSD2025 Q4
2/2/20260.10USD144.16 MUSD2025 Q4
5/6/20240.12USD153.84 MUSD2024 Q1
1/29/20240.11USD152.13 MUSD2023 Q4
7/31/20230.17USD179.55 MUSD2023 Q2
5/1/20230.11USD163.96 MUSD2023 Q1
...

EESG©

Eulerpool ESG Scorecard© for the Harmonic stock

84/100
87
Environment
90
Social
74
Governance
E

Environment

20
Scope 1 - Direct Emissions889
Scope 2 - Indirect emissions from purchased energy4,783
Scope 3 - Indirect emissions within the value chain393,316
Total CO₂ emissions5,672
CO₂ reduction strategy
Coal energy
Nuclear power
Animal experiments
Fur & Leather—
Pesticides—
Palm Oil—
Tobacco
Genetically modified organisms
Climate concept—
Sustainable forestry—
Recycling regulations
Environmentally friendly packaging
Hazardous substances
Fuel consumption and efficiency
Water consumption and efficiency
S

Social

20
Percentage of female employees19.8
Percentage of women in management—
Percentage of Asian employees28.5
Share of Asian management—
Percentage of Hispanic/Latino employees8.1
Hispano/Latino Management share—
Percentage of Black employees3.5
Black Management Share—
Percentage of white employees59.1
White Management Share—
Adult content
Alcohol
Weapons—
Firearms
Gambling
Military contracts
Human rights concept
Privacy concept—
Occupational health and safety
Catholic
G

Governance (Corporate Governance)

4
Environmental reporting
Stakeholder Engagement
Call Back Policies
Antitrust law

The Eulerpool ESG Scorecard© is the strictly copyrighted intellectual property of Eulerpool Research Systems. Any unauthorized use, imitation, or infringement will be actively pursued and may lead to significant legal consequences. For licenses, collaborations, or usage rights, please contact us directly via our contact form. Contact Form to us.

Harmonic shareholder structure

% Name
13.90136%
BlackRock Institutional Trust Company, N.A.
BlackRock Institutional Trust Company, N.A.
10.54615%
The Vanguard Group, Inc.
The Vanguard Group, Inc.
3.84271%
State Street Investment Management (US)
State Street Investment Management (US)
3.59162%
Invesco Advisers, Inc.
Invesco Advisers, Inc.
3.20146%
Trigran Investments, Inc.
Trigran Investments, Inc.
3.04621%
Dimensional Fund Advisors, L.P.
Dimensional Fund Advisors, L.P.
...

Harmonic Executives and Management Board

NB

Mr. Nimrod Ben-Natan

(57)

President, Chief Executive Officer, Director · since 2007

Compensation8.43 M USD
WJ

Mr. Walter Jankovic

(56)

Chief Financial Officer

Compensation3.13 M USD
NH

Mr. Neven Haltmayer

(60)

Senior Vice President, General Manager - Video Business

Compensation2.25 M USD
TC

Mr. Timothy Chu

(51)

General Counsel, Senior Vice President of Human Resources, Corporate Secretary

Compensation1.70 M USD
PG

Mr. Patrick Gallagher

(70)

Independent Chairman of the Board

Compensation279,503.00 USD

Harmonic Supply Chain

Harmonic Supply Chain

Correlation: how closely stock prices move together

Same directionNo relationOpposite
30 companies
#Name1M3M6M1Y2YTrend
1
Arista Networks
Supplier
-0.17
0.13
0.52
0.63
0.88
2
GTPL Hathway
Supplier
-0.26
-0.56
0.76
0.62
0.88
3
EVS Broadcast Equipment
0.09
0.43
0.25
0.54
0.84
4
America Movil L
0.13
-0.30
0.25
0.48
0.79
5
Metropole Television
-0.09
-0.18
0
0.03
0.75
#Name1M3M6M1Y2YTrend
1
Paramount Global B
Supplier
0.51
0.22
—
—
—
2
MultiChoice Group
0.13
0.31
0.87
—
—
3
Otelco Inc.
0.31
0.27
-0.52
—
—
4
Intelsat SA
-0.19
0.03
0.53
-0.13
—
5
AT&T
-0.08
-0.19
0.18
-0.31
-0.64

Frequently asked questions about Harmonic

Harmonic Inc is a leading technology company that specializes in video delivery infrastructure solutions. Their business model focuses on providing advanced video compression and processing solutions to media companies, broadcasters, and service providers. Harmonic Inc's technology enables high-quality video transmission and optimization across various platforms, including broadcast, cable, satellite, and OTT. By offering a comprehensive range of products and services, Harmonic Inc helps its clients enhance their video delivery workflows, improve operational efficiency, and deliver superior video experiences to their audiences. With their expertise in video infrastructure solutions, Harmonic Inc continues to drive innovation in the media industry.

All fundamentals and in-depth analysis of Harmonic

Our stock analysis for Harmonic stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Harmonic. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.

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