Harmonic, Inc.

How big is Harmonic, Inc.?

As of Jun 18, Harmonic, Inc. has a market capitalization of 982.81 million, with net sales of 689.80 million and a net profit of 53.25 million over the latest four quarters. The balance sheet shows shareholder's funds of 465.26 million and total assets of 802.93 million.

As of Jun 18, Harmonic, Inc. has a market capitalization of 982.81 million, categorizing it as a Micro Cap company.<BR><BR>As of Jun 18, the company reported net sales of 689.80 million and a net profit of 53.25 million for the latest four quarters.<BR><BR>As of Dec 24, the balance sheet shows shareholder's funds of 465.26 million and total assets of 802.93 million.

What does Harmonic, Inc. do?

Harmonic, Inc. designs and sells video infrastructure products in the Telecom industry, with recent net sales of $133 million and a market cap of $982.81 million. Key metrics include a P/E ratio of 14.00 and a return on equity of 17.37%.

Overview:<BR>Harmonic, Inc. designs, manufactures, and sells video infrastructure products and system solutions in the Telecom - Equipment & Accessories industry, operating within the micro-cap market.<BR><BR>Financial Snapshot:<BR>Most recent Net Sales: 133 Million (Quarterly Results - Mar 2025) <BR>Most recent Net Profit: 6 Million (Quarterly Results - Mar 2025) <BR>Market-cap: USD 982.81 Million (Micro Cap)<BR><BR>Key Metrics:<BR>P/E: 14.00 <BR>Dividend Yield: 0.00% <BR>Debt Equity: -0.03 <BR>Return on Equity: 17.37% <BR>Price to Book: 2.20<BR><BR>Contact Details:<BR>Address: 4300 N 1st St, SAN JOSE CA: 95134-1258 <BR>Tel: 1 408 4906242 <BR>Fax: 1 408 5422521 <BR>Website: http://www.harmonicinc.com

Should I buy, sell or hold Harmonic, Inc.?

Who are in the management team of Harmonic, Inc.?

As of March 2022, the management team of Harmonic, Inc. includes Patrick Gallagher (Independent Chairman), Patrick Harshman (CEO), and several independent directors: Deborah Clifford, David Krall, Mitzi Reaugh, Susan Swenson, and Nikos Theodosopoulos. They oversee the company's strategic direction and operations.

As of March 2022, the management team of Harmonic, Inc. includes the following individuals:<BR><BR>- Mr. Patrick Gallagher, Independent Chairman of the Board<BR>- Dr. Patrick Harshman, President, Chief Executive Officer, Director<BR>- Ms. Deborah Clifford, Independent Director<BR>- Mr. David Krall, Independent Director<BR>- Ms. Mitzi Reaugh, Independent Director<BR>- Ms. Susan Swenson, Independent Director<BR>- Mr. Nikos Theodosopoulos, Independent Director<BR><BR>This team is responsible for overseeing the company's strategic direction and operations.

Is Harmonic, Inc. overvalued or undervalued?

As of July 28, 2025, Harmonic, Inc. is considered undervalued with a favorable valuation grade, reflected in its lower P/E ratio of 14 compared to peers, strong ROCE and ROE, and a positive long-term outlook despite recent struggles.

As of 28 July 2025, the valuation grade for Harmonic, Inc. has moved from fair to attractive, indicating a more favorable assessment of its stock. The company appears undervalued, particularly when considering its P/E ratio of 14, which is significantly lower than the peer average of 15.17 for similar companies like InterDigital, Inc. Additionally, Harmonic's EV to EBITDA ratio stands at 8.80, while its peers, such as Digi International, Inc., have a much higher ratio of 16.75, further supporting the undervaluation thesis. The company also boasts a strong ROCE of 25.18% and ROE of 17.37%, suggesting efficient use of capital.<BR><BR>In terms of peer comparison, Harmonic, Inc. is positioned favorably against InterDigital, Inc., which has a P/E of 43.22, and Digi International, Inc., which is considered expensive with a P/E of 34.86. Despite recent struggles, with a year-to-date return of -20.71% compared to the S&P 500's 12.22%, the long-term outlook remains positive, as evidenced by a 5-year return of 83.39%, albeit still trailing the S&P 500's 96.61%. This context reinforces the notion that Harmonic, Inc. is currently undervalued relative to its peers and historical performance.

Is Harmonic, Inc. technically bullish or bearish?

As of October 31, 2025, Harmonic, Inc. shows a bullish technical trend with mixed signals, having underperformed the S&P 500 year-to-date and over the past year.

As of 31 October 2025, the technical trend for Harmonic, Inc. has changed from mildly bullish to bullish. The weekly MACD is bullish, while the daily moving averages also indicate a bullish stance. However, the monthly MACD is only mildly bullish, and the Bollinger Bands show a bearish signal on the monthly timeframe. The KST is bullish weekly but bearish monthly, and there are no clear trends indicated by the Dow Theory or OBV.<BR><BR>In terms of performance, Harmonic has underperformed the S&P 500 across multiple periods, with a year-to-date return of -21.16% compared to the S&P 500's 16.30%, and a 1-year return of -4.84% versus 19.89% for the index. Overall, the current technical stance is bullish, but the strength is mixed due to the conflicting signals in the monthly indicators.