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Haivision Systems, Inc. (TSE:HAI)
TSX:HAI
HAI Stock Chart & Stats
C$9.41
-C$0.02(-0.38%)
At close: 4:00 PM EST
C$9.41
-C$0.02(-0.38%)
Day’s Range― - ―
52-Week RangeC$3.67 - C$10.38
Previous CloseN/A
Volume12.87K
Average Volume (3M)16.91K
Market Cap
C$269.48M
Enterprise ValueC$263.29M
Total Cash (Recent Filing)C$17.20M
Total Debt (Recent Filing)C$9.98M
Price to Earnings (P/E)1415.7
Beta0.37
Next Earnings
Mar 12, 2026EPS Estimate
0.01Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)0.11
Shares Outstanding27,192,580
10 Day Avg. Volume17,895
30 Day Avg. Volume16,911
Financial Highlights & Ratios
PEG Ratio-12.88
Price to Book (P/B)1.47
Price to Sales (P/S)1.05
P/FCF Ratio20.66
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
C$12.00Price Target Upside27.52% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Bulls Say, Bears Say
Bulls Say
Balance Sheet StrengthLow leverage and a sizable equity base give Haivision durable financial flexibility. Combined with $17.2M cash and a $35M credit facility with minimal draw, the company can fund R&D, inventory build for popular products, and share buybacks without immediate refinancing risk.
Consistent Cash GenerationSustained positive operating and free cash flow across recent years provides a durable funding source for capex, working capital, and strategic investments. Strong cash conversion cushions earnings volatility and supports execution of product launches and backlog fulfillment.
Product Momentum & PartnershipsVolume shipment of Falkon X2, Kraken X1 introductions and a large commercial win (Minor League Baseball) show structural product-market fit. Successful launches and channel validation improve recurring orders, scale economics, and long-term revenue visibility across media and enterprise segments.
Bears Say
Profitability VolatilityEarnings have swung materially over the cycle, with operating profit in some years and near break-even in 2025. This volatile profitability raises questions about margin sustainability, forecasting precision, and the business's ability to consistently cover fixed costs without higher scale.
Scale Required For Target MarginsManagement’s margin objectives (20%+ adjusted EBITDA) depend on reaching a higher revenue base (~$150–160M+). That elevated scale requirement implies multi-year execution risk: if growth slows or product cycles lag, margin targets and operating leverage gains may be delayed.
Seasonality And Backlog ConcentrationHeavy quarter-to-quarter concentration driven by government and year-end buying creates persistent seasonality and backlog timing risk. This structural pattern complicates resource planning, can compress quarterly comparatives, and increases volatility in annual cadence and cash flows.
Haivision Systems News
HAI FAQ
What was Haivision Systems, Inc.’s price range in the past 12 months?
Haivision Systems, Inc. lowest stock price was C$3.67 and its highest was C$10.38 in the past 12 months.
What is Haivision Systems, Inc.’s market cap?
Haivision Systems, Inc.’s market cap is C$269.48M.
When is Haivision Systems, Inc.’s upcoming earnings report date?
Haivision Systems, Inc.’s upcoming earnings report date is Mar 12, 2026 which is in 15 days.
How were Haivision Systems, Inc.’s earnings last quarter?
Haivision Systems, Inc. released its earnings results on Jan 14, 2026. The company reported C$0.11 earnings per share for the quarter, beating the consensus estimate of C$0.036 by C$0.074.
Is Haivision Systems, Inc. overvalued?
According to Wall Street analysts Haivision Systems, Inc.’s price is currently Undervalued.
Does Haivision Systems, Inc. pay dividends?
Haivision Systems, Inc. does not currently pay dividends.
What is Haivision Systems, Inc.’s EPS estimate?
Haivision Systems, Inc.’s EPS estimate is 0.01.
How many shares outstanding does Haivision Systems, Inc. have?
Haivision Systems, Inc. has 27,192,580 shares outstanding.
What happened to Haivision Systems, Inc.’s price movement after its last earnings report?
Haivision Systems, Inc. reported an EPS of C$0.11 in its last earnings report, beating expectations of C$0.036. Following the earnings report the stock price went up 13.005%.
Which hedge fund is a major shareholder of Haivision Systems, Inc.?
Currently, no hedge funds are holding shares in TSE:HAI
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Haivision Systems Stock Smart Score
Neutral
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Analyst Consensus
Moderate Buy
Average Price Target:
C$12.00 (27.52% Upside)
C$12.00 (27.52% Upside)
Insider Transactions
Sold Shares
Worth C$49.4K over
the Last 3 Months
the Last 3 Months
Technicals
SMA
Positive
20 days / 200 days
Momentum
3.57%
12-Months-Change
Fundamentals
Return on Equity
-1.32%
Trailing 12-Months
Asset Growth
-0.80%
Trailing 12-Months
Company Description
Haivision Systems, Inc.
Haivision Systems Inc. provides infrastructure solutions worldwide. It offers Makito Series, a range of products designs to encode and decode 4K/UHD HEVC and H.264 video formats, and low latency end-to-end streaming over IP suitable for live and interactive video applications; KB Series, a software encoder and transcoder that delivers high-quality video streaming for resolutions up to 4K/UHD; Kraken, a software-based high-low latency tactical live video encoder and transcoder for video streams to traverse different networks and feed enterprise distribution networks; Haivision Media Platform, a software platform provides low latency and live video distribution; Haivision/CineMassive CineNet, a software platform for situational awareness and real-time decision making in mission-critical command and control environments; Haivision Element Management System, a cloud software-based solution which enables the streamlined management and monitoring of geographically distributed edge devices within a single web-based graphical user interface; Haivision SRT Gateway, a hybrid software-based solution for secure routing of live video streams across different types of IP networks; Haivision Hub, a cloud-based service for live and low latency media routing across the Microsoft Azure network; Haivision Connect, a cloud software as a service platform for delivering live and on-demand content to video portals and web sites; Haivision Connect DVR, a cloud-based service that connects multi-site ministries; and SRT Streaming Protocol that optimizes streaming performance across unpredictable networks. It also provides playing back and displaying solutions; and online streaming services. It serves broadcast, enterprise, government, house of worship, medical, and military and defense industries. The company was formerly known as Hajtek Vision Inc. and changed its name to Haivision Systems Inc. in June 2004. The company was incorporated in 2004 and is headquartered in Montreal, Canada.
HAI Stock 12 Month Forecast
Average Price Target
C$12.00
▲(27.52% Upside)
Technical Analysis
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Options Prices
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