Harmonic Inc's fundamentals are relatively very healthy, with an industry-leading ESG disclosure.and its growth potential is significant.Its valuation is considered fairly valued, ranking 13 out of 52 in the Communications & Networking industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Hold, with the highest price target at 11.79.In the medium term, the stock price is expected to remain stable.Despite an average stock market performance over the past month, the company shows strong fundamentals and technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Harmonic Inc's Score
Industry at a Glance
Industry Ranking
13 / 52
Overall Ranking
122 / 4521
Industry
Communications & Networking
Support & Resistance
Relevant data have not been disclosed by the company yet.
Score Analysis
Current score
Previous score
Media Coverage
Last 24 hours
Coverage Level
Very Low
Very High
Neutral
Harmonic Inc Highlights
StrengthsRisks
Harmonic Inc. is a provider of virtualized broadband and video delivery solutions, enables media companies and service providers to deliver video streaming and broadcast services to consumers globally. It provides broadcast and streaming video services to consumer devices, including televisions, personal computers, laptops, tablets and smartphones. The Company operates through two segments: Video and Broadband. Its Broadband segment provides broadband access solutions and related services, including its cOS software-based broadband access solution, to broadband operators globally. Its Video segment provides video processing, production and playout solutions and services worldwide to broadband operators and satellite and telco Pay-TV service providers, and to broadcast and media companies, including streaming media companies. Its video business infrastructure solutions are delivered either through shipment of its products, software licenses or as software-as-a-service subscriptions.
High Profit Growth
The company's net income leads the industry, with the latest annual income totaling USD 678.72M.
Undervalued
The company’s latest PB is 2.56, at a low 3-year percentile range.
Institutional Selling
The latest institutional holdings are 102.59M shares, decreasing 17.54% quarter-over-quarter.
Harmonic Inc. is a provider of virtualized broadband and video delivery solutions, enables media companies and service providers to deliver video streaming and broadcast services to consumers globally. It provides broadcast and streaming video services to consumer devices, including televisions, personal computers, laptops, tablets and smartphones. The Company operates through two segments: Video and Broadband. Its Broadband segment provides broadband access solutions and related services, including its cOS software-based broadband access solution, to broadband operators globally. Its Video segment provides video processing, production and playout solutions and services worldwide to broadband operators and satellite and telco Pay-TV service providers, and to broadcast and media companies, including streaming media companies. Its video business infrastructure solutions are delivered either through shipment of its products, software licenses or as software-as-a-service subscriptions.