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Harmonic Announces Sale of Video Business to MediaKind

Story Highlights
  • Harmonic Inc. will sell its Video Business to MediaKind for $145 million.
  • The sale will allow Harmonic to focus on its core Broadband business and is expected to close in early 2026.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Harmonic Announces Sale of Video Business to MediaKind

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The latest announcement is out from Harmonic ( (HLIT) ).

On December 8, 2025, Harmonic Inc. announced a binding offer from MediaKind to acquire its Video Business for approximately $145 million in cash. This strategic transaction aims to sharpen Harmonic’s focus on its core Broadband business, providing financial flexibility and advancing growth initiatives. The acquisition is expected to close in the first half of 2026, subject to regulatory approvals and a French employee works council consultation process. The deal is anticipated to enhance MediaKind’s product solutions and innovation capabilities, positioning it as a leading independent streaming infrastructure company.

The most recent analyst rating on (HLIT) stock is a Hold with a $11.00 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 Outperform.

Harmonic’s strong financial performance and positive earnings call are the most significant factors driving the score. The company’s solid profitability and cash flow metrics, along with strategic partnerships, support future growth prospects. However, bearish technical indicators and reliance on a single large customer pose risks. The stock’s valuation is fair, but the lack of a dividend yield may deter income investors.

To see Spark’s full report on HLIT stock, click here.

More about Harmonic

Harmonic Inc. is a global leader in virtualized broadband and video delivery solutions, enabling media companies and service providers to deliver high-quality video streaming and broadcast services worldwide. The company is known for its innovative cloud and software platforms that simplify OTT video delivery and power gigabit internet services.

Average Trading Volume: 865,202

Technical Sentiment Signal: Hold

Current Market Cap: $1.09B

For an in-depth examination of HLIT stock, go to TipRanks’ Overview page.

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