HLIT

Harmonic Inc.

Technology · $1.2B market cap

Verdict

Share price

$11.17

close of Oct 3, 2026

Fair value

$11.00

Sticker Price

Payback Price

$4.40

buy price

Fairly Valued

HLIT is Fairly Valued: at $11.17 it's within 2% of its fair value of $11.00. Its buy price (Payback Price) is $4.40, 61% below today's price. Business quality is limited: none of the 5 key numbers clears the 10% bar.

How we valued it

Owner Earnings. Earnings grow slowly (under 7% a year), but cash flow is steady, so we value it on its cash flow instead of its earnings.

Business quality

0 of 5 clear the 10% bar. What are the Big Five?

Earnings per share growth2.9% a year✗
Equity per share growth-1.8% a year✗
Sales growth2.4% a year✗
Free cash flow growth3.3% a year✗
Return on invested capital3.6%✗

Follow HLIT

Get notified when it reaches its buy price of $4.40. Free.

Create a free account

Superinvestors

1 of the investors we track holds HLIT. In Q2 2026, 1 added. Who we track

Moves in Q2 2026

Added: First Eagle Investment Management

Insider activity

Since Jun 11, 2026: no open-market purchases and 24 other filings (stock awards, tax withholding and similar). Why purchases matter

Other filings

Glahn Ronald J

SVP, Global Sales, Broadband · 2026-08-15

Tax withholding

$15K

Glahn Ronald J

SVP, Global Sales, Broadband · 2026-08-15

Option exercise

4,038 shares

Chu Timothy C

General Counsel & SVP, HR · 2026-08-15

Option exercise

6,053 shares

Chu Timothy C

General Counsel & SVP, HR · 2026-08-15

Option exercise

3,823 shares

Chu Timothy C

General Counsel & SVP, HR · 2026-08-15

Tax withholding

$48K

Show all 24 other filings

Chu Timothy C

General Counsel & SVP, HR · 2026-08-15

Option exercise

9,876 shares

Jankovic Walter

Chief Financial Officer · 2026-08-15

Option exercise

3,217 shares

Jankovic Walter

Chief Financial Officer · 2026-08-15

Option exercise

8,071 shares

Jankovic Walter

Chief Financial Officer · 2026-08-15

Option exercise

8,496 shares

Jankovic Walter

Chief Financial Officer · 2026-08-15

Tax withholding

$138K

Jankovic Walter

Chief Financial Officer · 2026-08-15

Option exercise

19,784 shares

Ben-Natan Nimrod

President and CEO · 2026-08-15

Option exercise

6,726 shares

Ben-Natan Nimrod

President and CEO · 2026-08-15

Option exercise

19,470 shares

Ben-Natan Nimrod

President and CEO · 2026-08-15

Option exercise

26,196 shares

Jankovic Walter

Chief Financial Officer · 2026-08-10

Award

20,614 shares

Chu Timothy C

General Counsel & SVP, HR · 2026-08-10

Award

10,307 shares

Glahn Ronald J

SVP, Global Sales, Broadband · 2026-07-15

Tax withholding

$13K

Glahn Ronald J

SVP, Global Sales, Broadband · 2026-07-15

Option exercise

3,750 shares

Haltmayer Neven

SVP & GM, Video Business · 2026-06-16

Option exercise

19,329 shares

Haltmayer Neven

SVP & GM, Video Business · 2026-06-16

Tax withholding

$352K

Haltmayer Neven

SVP & GM, Video Business · 2026-06-16

Option exercise

44,600 shares

Ben-Natan Nimrod

President and CEO · 2026-06-11

Option exercise

20,032 shares

Jankovic Walter

Chief Financial Officer · 2026-06-11

Tax withholding

$11K

Jankovic Walter

Chief Financial Officer · 2026-06-11

Option exercise

1,457 shares

About Harmonic Inc.

Harmonic Inc., along with its affiliated entities, operates globally, delivering advanced software, hardware, system solutions, and related services for video content distribution. The company's business activities are structured into two main divisions: Video and Cable Access. The Video division furnishes comprehensive solutions for video processing, content production, and playout. Its customer base includes cable…

Communication Equipment

Fair value and Payback Price are estimates from the company's reported financials, not investment advice. Prices as of the close of Oct 3, 2026. How the Payback Price works