Professional
Added to YB: 2026-02-20
Pitch date: 2026-02-18
HLIT [neutral]
Harmonic Inc.
+1.71%
current return
Author Info
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Company Info
Harmonic Inc., together with its subsidiaries, provides broadband access solutions worldwide. The company operates through Broadband and Video segments.
Market Cap
$1.2B
Pitch Price
$10.55
Price Target
N/A
Dividend
N/A
EV/EBITDA
11.97
P/E
25.29
EV/Sales
1.93
Sector
Communications Equipment
Category
N/A
Pernas Research Passes On: Harmonic Inc.
HLIT (pass): Provides virtualized broadband tech for cable operators to manage networks via cloud vs legacy hardware. Enables faster speeds w/o full fiber overbuild - $200/sub upgrade vs $2k for fiber. DOCSIS 4.0 keeps hybrid fiber-coax competitive. Strategic positioning solid but valuation elevated given exposure to structurally challenged market. EV/EBITDA 13x.
Read full article (1 min)