Harmonic (NASDAQ:HLIT) Given New $16.00 Price Target at Rosenblatt Securities

Harmonic (NASDAQ:HLIT) had its price target lifted by Rosenblatt Securities from $14.00 to $16.00 in a research report issued to clients and investors on Friday,Benzinga reports. The firm presently has a “buy” rating on the communications equipment provider’s stock. Rosenblatt Securities’ price target would suggest a potential upside of 49.11% from the stock’s current price.

Other research analysts also recently issued reports about the company. Weiss Ratings reiterated a “hold (c-)” rating on shares of Harmonic in a report on Thursday, January 22nd. Needham & Company LLC reiterated a “buy” rating and set a $15.00 target price on shares of Harmonic in a research report on Tuesday, December 9th. Finally, Barclays lifted their price target on Harmonic from $8.00 to $11.00 and gave the company an “equal weight” rating in a report on Wednesday, November 5th. Two investment analysts have rated the stock with a Buy rating, three have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the company has an average rating of “Hold” and an average target price of $14.67.

Harmonic Stock Up 1.6%

Shares of NASDAQ:HLIT opened at $10.73 on Friday. The company has a quick ratio of 1.64, a current ratio of 2.08 and a debt-to-equity ratio of 0.27. Harmonic has a 52-week low of $7.80 and a 52-week high of $11.49. The stock’s fifty day simple moving average is $10.11 and its 200-day simple moving average is $9.93. The company has a market capitalization of $1.20 billion, a P/E ratio of 25.55 and a beta of 1.05.

Insider Activity

In other Harmonic news, SVP Neven Haltmayer sold 23,835 shares of Harmonic stock in a transaction that occurred on Monday, December 15th. The shares were sold at an average price of $10.41, for a total transaction of $248,122.35. Following the transaction, the senior vice president directly owned 149,570 shares of the company’s stock, valued at $1,557,023.70. The trade was a 13.75% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, Director David Krall acquired 47,528 shares of the firm’s stock in a transaction on Thursday, December 11th. The shares were acquired at an average price of $10.50 per share, with a total value of $499,044.00. Following the completion of the purchase, the director owned 223,125 shares of the company’s stock, valued at $2,342,812.50. This trade represents a 27.07% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Insiders own 1.21% of the company’s stock.

Hedge Funds Weigh In On Harmonic

Several hedge funds and other institutional investors have recently made changes to their positions in HLIT. Exchange Traded Concepts LLC acquired a new position in shares of Harmonic during the third quarter worth about $1,236,000. Ellsworth Advisors LLC purchased a new stake in shares of Harmonic during the 3rd quarter valued at about $5,104,000. Y Intercept Hong Kong Ltd lifted its position in Harmonic by 200.3% during the 2nd quarter. Y Intercept Hong Kong Ltd now owns 322,826 shares of the communications equipment provider’s stock worth $3,057,000 after acquiring an additional 215,335 shares in the last quarter. Silverberg Bernstein Capital Management LLC boosted its holdings in Harmonic by 11.2% in the 3rd quarter. Silverberg Bernstein Capital Management LLC now owns 1,247,093 shares of the communications equipment provider’s stock worth $12,695,000 after acquiring an additional 125,795 shares during the period. Finally, Campbell & CO Investment Adviser LLC acquired a new stake in Harmonic in the second quarter valued at approximately $412,000. Institutional investors and hedge funds own 99.38% of the company’s stock.

Key Stories Impacting Harmonic

Here are the key news stories impacting Harmonic this week:

• Positive Sentiment: izzi (Mexico’s largest MSO) selected Harmonic’s cOS virtualized broadband platform — a commercial win that supports recurring-software and broadband expansion demand. izzi Accelerates Strategic Fiber Broadband Expansion with Harmonic
• Positive Sentiment: Record quarterly Broadband bookings and a 3.5 book-to-bill in Q4 highlight demand in the broadband segment; management says the previously announced sale of the Video business is proceeding as expected — both items support a cleaner, more focused company profile. Harmonic Announces Fourth Quarter and Fiscal 2025 Results
• Positive Sentiment: Management raised EPS guidance: Q1 FY26 EPS guide of $0.110–$0.120 and FY26 EPS guide of $0.460–$0.630 both sit above consensus, suggesting margin improvement even as top-line growth is pressured. Harmonic Announces Fourth Quarter and Fiscal 2025 Results
• Neutral Sentiment: RS (Relative Strength) rating upgrade reported by media — may attract momentum traders but is not a fundamental revenue driver. Harmonic earns RS rating upgrade
• Neutral Sentiment: Short-interest note in public feeds shows noisy/zeroed data for February — no clear signal on bearish positioning from that report.
• Negative Sentiment: Q4 revenue missed badly: reported ~$98.2M vs. analyst expectations near $141M, a 42.6% YoY revenue decline — a clear top-line weakness that pressures valuation and growth expectations. Q4 Press Release / Slide Deck
• Negative Sentiment: Management cut FY‑2026 revenue outlook substantially (guidance $440M–$480M vs. consensus ~$622M) and set Q1 revenue guide well below street estimates — investors must weigh margin-focused EPS guidance against the weaker revenue trajectory. Harmonic Announces Fourth Quarter and Fiscal 2025 Results

Harmonic Company Profile

Harmonic Inc (NASDAQ:HLIT) is a leading provider of video delivery infrastructure that enables service providers, broadcasters and content owners to capture, process and distribute high‐quality video across broadcast, cable, satellite and IP networks. The company’s portfolio spans real‐time video compression solutions, including encoders and transcoders, as well as storage and server products designed for live production, playout and streaming on any device.

Harmonic’s product lines include cable edge QAM modules and set‐top video processing platforms for traditional pay‐TV operators, alongside cloud‐native software for over‐the‐top (OTT) delivery, origin servers and content delivery network (CDN) services.