Harmonic Inc. (HLIT)

Over the past six months, Harmonic Inc.'s stock price decreased by 29.30% to $10.45 as of October 24, 2025. The company reported second-quarter earnings on July 28, 2025, with an EPS of $0.09, surpassing estimates, and revenue of $138.03 million. In October 2025, the stock price exceeded its 200-day moving average, and analyst ratings were mixed, with Rosenblatt Securities upgrading the stock and Wall Street Zen downgrading it. Insider buying activity occurred between July and October 2025.

Demand for Harmonic Inc.'s products is driven by customer spending patterns in the service provider and broadcast and media markets, influenced by the need to upgrade systems. Demand is cyclical and dependent on technology adoption and infrastructure upgrades rather than traditional seasonal factors. 2025 is expected to be a below-trend broadband year due to the timing of DOCSIS 4.0 rollouts, with a return to above-trend growth anticipated in 2026.

Harmonic Inc. is a technology company specializing in video delivery software, system solutions, and related products, operating in the Technology and Communications sector. Their offerings include video processing, broadband access, contribution and distribution, and playout and storage solutions. Harmonic provides services like CableOS central cloud services and the VOS360 SaaS platform, serving cable operators, Pay-TV service providers, and media companies through various sales channels.

Harmonic Inc. is headquartered in San Jose, California, and has a global presence with operations in the Americas, the Middle East, Europe, and Asia-Pacific. They have offices and subsidiaries in countries including Australia, India, Japan, Singapore, France, Switzerland, Spain, the United Arab Emirates, Israel, and Mexico.

Harmonic Inc. has maintained a positive brand reputation through strategic partnerships and innovation. They have partnered with companies like Comcast, neu-medianet, SKY Perfect, and Akamai to expand broadband access and enhance video streaming solutions. The company has also been recognized for its contributions to the broadband industry transformation, particularly with DOCSIS 4.0 adoption. No significant negative events have adversely affected Harmonic Inc.'s brand reputation in the past year.

Harmonic Inc. has significant institutional ownership, with 521 institutional owners holding approximately 78.76% or 91.1% of the company's shares. Major institutional shareholders include BlackRock, Inc., Vanguard Group Inc, and iShares Core S&P Small-Cap ETF. Individual insiders have also shown more buying activity than selling in the past three months.