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An update from Harmonic ( (HLIT) ) is now available.
On December 8, 2025, Harmonic Inc. entered into a Put Option Agreement to sell its Video business to LeoneMedia Inc. (MediaKind), with the transaction expected to close in the first half of 2026, subject to customary conditions including French works council consultation. The company has classified the Video unit as discontinued operations and resegmented its reporting so that continuing operations now comprise a single Broadband segment.
To support investors’ and analysts’ financial modeling, Harmonic has released unaudited supplemental quarterly financial data for 2025 that excludes the Video business and reflects only continuing operations. The company stressed that this historical information is a reclassification for presentation purposes and does not revise or restate previously filed consolidated financial statements or non-GAAP measures for any prior period.
The most recent analyst rating on (HLIT) stock is a Hold with a $10.50 price target. To see the full list of analyst forecasts on Harmonic stock, see the HLIT Stock Forecast page.
Spark’s Take on HLIT Stock
According to Spark, TipRanks’ AI Analyst, HLIT is a Neutral.
The score reflects a sharp TTM profitability and revenue setback that weighs on financial performance, partially offset by strong current cash generation and manageable leverage. Technicals are supportive with the stock trading above major moving averages and positive momentum. The latest earnings call improved the outlook via strong bookings/backlog and upbeat 2026 guidance, though concentration and cost headwinds remain. Valuation is reasonable but not clearly compelling at a ~25 P/E and no dividend yield data.
To see Spark’s full report on HLIT stock, click here.
More about Harmonic
Harmonic Inc., a technology company in the broadband and video delivery space, historically operated with two reportable segments: Broadband and Video. Following its decision to exit the Video business, Harmonic’s continuing operations are now focused solely on its Broadband segment, which encompasses appliance and integration offerings as well as SaaS and services for network operators.
Average Trading Volume: 1,098,453
Technical Sentiment Signal: Sell
Current Market Cap: $1.05B
See more data about HLIT stock on TipRanks’ Stock Analysis page.