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Added to YB: 2026-02-19

Pitch date: 2026-02-18

HLIT [neutral]

Harmonic Inc.

+20.38%

current return

Author Info

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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

$1.4B

Pitch Price

$10.55

Price Target

N/A

Dividend

N/A

EV/EBITDA

29.74

P/E

176.02

EV/Sales

3.70

Sector

Communications Equipment

Category

N/A

Show full summary:
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)