Added to YB: 2026-05-08
Pitch date: 2026-05-05
HLIT [bullish]
Harmonic Inc.
+3.72%
current return
Author Info
No bio for this author
Company Info
Harmonic Inc., together with its subsidiaries, provides broadband access solutions worldwide. The company provides software-based broadband access solution, including cOS software-based broadband access solutions to broadband operators, an end-to-end solution consisting of virtualized cloud-native software; hardware products include Oyster, Ripple and SeaStar DAA nodes; Reef and Wave PHY shelf products; pebble remote PHY Devices; and fin, pearl and pier OLT modules and devices; and cOS software-based broadband access solutions to broadband operators; and cOS central cloud services, a subscription service for cOS customers.
Market Cap
$1.3B
Pitch Price
$11.84
Price Target
N/A
Dividend
N/A
EV/EBITDA
35.93
P/E
1.2K
EV/Sales
3.60
Sector
Communications Equipment
Category
growth
I have just went long Harmonic Inc. $HLIT
HLIT (new position): Monopoly on vCMTS software enabling broadband companies (Comcast, Charter) to modernize legacy networks for AI at edge, similar to NVDA-NOK deal. Record $570M backlog (+77% YoY), 3.5x book-to-bill Q4'25. Virtualization rev +33% YoY at 55% margin. $1.2B mcap vs $450M rev, <10% SAM capture of $5.18B TAM. Catalysts: $22B Comcast/Charter capex for 'Smart Grid,' FCC 'Delete, Delete, Delete' mandate freeing upgrade budgets, $42B BEAD grants favoring fast software deploys. Customer concentration falling as ROW rev hits 41% (+33% YoY). Chart breaking bull flag.
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