Nama's AI scorecard currently rates Harmonic Buy (7.3 out of 10), a call computed from its profitability, cash generation, growth, valuation and balance sheet. It is a research reading, not investment advice.

What is HLIT's P/E ratio?

Harmonic trades at a trailing price-to-earnings ratio of 12.7.

When does HLIT report earnings?

Harmonic's next scheduled report is on Feb 8, 2027. Analysts expect EPS of $0.13.

What is the HLIT price target?

The median analyst price target from 7 analysts is $17.00, with a range of $9.00 – $20.00.

Is HLIT Shariah compliant?

Nama's AAOIFI-style screen reads Harmonic as Shariah Compliant. Passes our debt, cash and income screen; not a scholar's ruling.

Nama Insights

Harmonic (HLIT)

Technology · Communication Equipment · NASDAQ

Harmonic (HLIT) is a Technology company in the Communication Equipment industry. It has a market capitalization of $1.04B, a trailing price-to-earnings ratio of 12.7 and a free-cash-flow yield of 8.9%. Over the most recent reported fiscal year, revenue declined 26.1% and free cash flow per share grew 89.0%. Nama's AI scorecard rates it Buy, 7.3 out of 10. On 12-month momentum it ranks in the middle band of its market.

AI scorecard

Buy · 7.3/10

Clearly positive, short of the top band. As of Nov 7, 2026.

Momentum

Middle · +10.7% over 12 months ex. last

Middle fifth of its market on the past year's move.

Shariah screen

Shariah Compliant

Passes our debt, cash and income screen; not a scholar's ruling.

Off its high

-48.4%

How far the last close sits under the highest price of the past five years.

Market cap	$1.04B
Trailing P/E	12.7
Price / book	2.9
Price / sales	2.3
FCF yield	8.9%
Dividend yield	—
Gross margin	45.2%
Operating margin	13.1%
Net margin	-13.7%
Revenue growth (YoY)	-26.1%
Revenue growth (3-yr annual)	-16.8%
EPS growth (YoY)	—
FCF/share growth (YoY)	+89.0%
Beta	1.3
Exchange	NASDAQ
Sector	Technology
Industry	Communication Equipment

HLIT earnings

Next report: Feb 8, 2027 (Q4 2026, EPS estimate $0.13). Beat the EPS estimate in 4 of 4 recent quarters.

Quarter	Reported	EPS	Estimate	Surprise	Revenue
Q3 2026	Nov 2, 2026	$0.23	$0.17	+35.3%	—
Q2 2026	Aug 12, 2026	$0.21	$0.17	+23.5%	$133.46M
Q1 2026	May 11, 2026	$0.17	$0.12	+41.7%	$121.69M
Q4 2025	Feb 19, 2026	$0.14	$0.10	+40.0%	-$53.02M

HLIT analyst price target

Median target $17.00 from 7 analysts, ranging $9.00 – $20.00.

Communication Equipment peers

Ticker	Company	Market cap	P/E
CSCO	Cisco Systems	$370.01B	21.7
MSI	Motorola Solutions	$85.07B	30.2
HPE	Hewlett Packard Enterprise	$59.43B	17.9
LITE	Lumentum	$48.84B	45.5
NOK	Nokia Oyj	$43.35B	17.8
UI	Ubiquiti	$35.87B	33.3
CIEN	Ciena	$34.51B	40.5
ERIC	Telefonaktiebolaget LM Ericsson	$33.25B	13.3

Explore live HLIT data on Nama Insights →

HLIT FAQ

Is HLIT a buy?: Nama's AI scorecard currently rates Harmonic Buy (7.3 out of 10), a call computed from its profitability, cash generation, growth, valuation and balance sheet. It is a research reading, not investment advice.
What is HLIT's P/E ratio?: Harmonic trades at a trailing price-to-earnings ratio of 12.7.
When does HLIT report earnings?: Harmonic's next scheduled report is on Feb 8, 2027. Analysts expect EPS of $0.13.
What is the HLIT price target?: The median analyst price target from 7 analysts is $17.00, with a range of $9.00 – $20.00.
Is HLIT Shariah compliant?: Nama's AAOIFI-style screen reads Harmonic as Shariah Compliant. Passes our debt, cash and income screen; not a scholar's ruling.