HLIT

The past six months (April-October 2026) saw several significant stock events for Harmonic. In May 2026, strong Q1 2026 earnings, with broadband revenue up 43% year-over-year and a raised full-year outlook, led to a stock surge of over 30%. In June 2026, Harmonic completed the divestiture of its video business to MediaKind, officially becoming a pure-play broadband technology company, a strategic move anticipated to boost profitability and growth. August 2026 brought Q2 2026 earnings that surpassed estimates, with EPS of $0.24 and revenue up 53.5% year-over-year, driven by a 54% surge in broadband revenue, leading to a 17.33% jump in shares after-hours and a second raise in full-year revenue guidance. In September and October 2026, Harmonic launched its Recon product family in partnership with Comcast, teamed with Lightcurve for multi-gigabit broadband services, and unveiled its cOS SensAI Intelligence Fabric, highlighting continued innovation. Additionally, Rosenblatt Securities reaffirmed a 'Buy' rating for HLIT in early October 2026.