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[TWITTER] ToffCap

Added to YB: 2024-12-03

Pitch date: 2024-11-30

HLIT [neutral]

Harmonic Inc.

-0.78%

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

$1.4B

Pitch Price

$12.80

Price Target

20.00 (+57%)

Dividend

N/A

EV/EBITDA

29.74

P/E

176.02

EV/Sales

3.70

Sector

Communications Equipment

Category

special_situation

Show full summary:
Harmonic Inc. (HLIT): Market Value Could Reach $20 with Anticipated Cash Flow Boost

HLIT (potential strategic alternatives): Ancora pressuring for sale, believes $20/share attainable vs $13 current. After stagnant growth, op earnings & cash flow expected to grow significantly. Trading at 13x FY24e EV/EBITDA for >30% EBITDA growth over next few years if consensus accurate.

Read full article (1 min)