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Upturn AI SWOT - About
HLIT 
Harmonic Inc (HLIT)
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Upturn Advisory Summary
03/27/2025: HLIT (1-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
AI Based Fundamental Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Analysis of Past Performance
Type Stock | Historic Profit -36.13% | Avg. Invested days 29 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  1.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 03/27/2025 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 1.14B USD | Price to earnings Ratio 29.42 | 1Y Target Price 11.75 |
Price to earnings Ratio 29.42 | 1Y Target Price 11.75 | ||
Volume (30-day avg) 1302665 | Beta 0.87 | 52 Weeks Range 8.42 - 15.46 | Updated Date 03/30/2025 |
52 Weeks Range 8.42 - 15.46 | Updated Date 03/30/2025 | ||
Dividends yield (FY) - | Basic EPS (TTM) 0.33 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Revenue by Geography
Geography revenue - Year on Year
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin 5.78% | Operating Margin (TTM) 25.15% |
Management Effectiveness
Return on Assets (TTM) 7.43% | Return on Equity (TTM) 8.69% |
Valuation
Trailing PE 29.42 | Forward PE 19.19 | Enterprise Value 1183441503 | Price to Sales(TTM) 1.67 |
Enterprise Value 1183441503 | Price to Sales(TTM) 1.67 | ||
Enterprise Value to Revenue 1.74 | Enterprise Value to EBITDA 15.29 | Shares Outstanding 117053000 | Shares Floating 114667346 |
Shares Outstanding 117053000 | Shares Floating 114667346 | ||
Percent Insiders 2.52 | Percent Institutions 96.74 |
Analyst Ratings
Rating 4 | Target Price 14.5 | Buy 2 | Strong Buy 2 |
Buy 2 | Strong Buy 2 | ||
Hold 2 | Sell - | Strong Sell - | |
Strong Sell - |
Upturn AI SWOT
Harmonic Inc
Company Overview
History and Background
Harmonic Inc. was founded in 1988. Initially focused on laser technology for fiber optic networks, it transitioned to video delivery infrastructure. Significant milestones include the development of digital video compression technologies and cloud-based video solutions.
Core Business Areas
- Video: Provides video infrastructure solutions enabling media companies to produce, deliver, and monetize video content. This includes encoding, transcoding, playout, and streaming solutions.
- Cable Access: Offers cable access solutions including Cable Modem Termination Systems (CMTS) and Distributed Access Architecture (DAA) products.
Leadership and Structure
Harmonic Inc. is led by Patrick Harshman (President and CEO). The company is structured with functional departments including engineering, sales, marketing, and finance.
Top Products and Market Share
Key Offerings
- Description of Product 1, include any market share data or number of users or revenue from this product. Who are the competitors for this product]: VOS360 is a cloud-native SaaS platform for media processing and delivery, enabling video streaming and broadcast workflows. Market share information for VOS360 specifically is not publicly available, but Harmonic is a significant player in the video infrastructure market.
- Product Name 1: VOS360 (Cloud SaaS platform). Market Share is growing. Competitors include AWS Elemental MediaLive, Google Cloud Media CDN, and Microsoft Azure Media Services
- Description of Product 2, include any market share data or number of users or revenue from this product. Who are the competitors for this product]: CableOS is a software-based Cable Modem Termination System (CMTS) providing scalable broadband access. Harmonic has secured considerable wins in this space. Market Share data is not readily available
- Product Name 2: CableOS (Virtual CMTS). Market share varies geographically. Competitors include CommScope, Arris (CommScope), and Vecima Networks
Market Dynamics
Industry Overview
The video delivery infrastructure industry is evolving due to increasing demand for streaming services, technological advancements in video compression, and the shift towards cloud-based solutions. The cable access market is driven by the need for higher bandwidth and faster internet speeds.
Positioning
Harmonic Inc. is a leader in video delivery and cable access solutions, focusing on cloud-native and software-based architectures. Their competitive advantage lies in their innovation and comprehensive product portfolio.
Total Addressable Market (TAM)
The TAM for video infrastructure and cable access is estimated to be billions of dollars annually. Harmonic is positioned to capture a significant portion of this market with its cloud-native and software-based solutions.
Upturn SWOT Analysis
Strengths
- Innovative technology
- Comprehensive product portfolio
- Strong customer relationships
- Cloud-native solutions
- Global presence
Weaknesses
- Reliance on specific customers
- Smaller size compared to competitors
- Susceptibility to fluctuating market conditions
- Dependence on semiconductor supply chain
Opportunities
- Growing demand for streaming services
- Expansion into new geographies
- Adoption of cloud-based infrastructure
- 5G deployment and edge computing
- Government infrastructure spending
Threats
- Intense competition
- Rapid technological changes
- Economic downturns
- Supply chain disruptions
- Changes in industry standards
Competitors and Market Share
Key Competitors
- CCSE
- COMM
- VECM
Competitive Landscape
Harmonic faces competition from larger players in the video infrastructure and cable access markets. Its advantages include its innovation and focus on cloud-native solutions, while its disadvantages include its smaller size and limited resources.
Major Acquisitions
Thomson Video Networks
- Year: 2016
- Acquisition Price (USD millions): 75
- Strategic Rationale: Expanded Harmonic's video encoding and processing capabilities.
Growth Trajectory and Initiatives
Historical Growth: Harmonic's growth has been driven by its transition to cloud-native solutions and its expansion in the cable access market.
Future Projections: Analyst estimates for Harmonic's future growth vary but are generally positive due to the continued demand for streaming services and high-speed internet.
Recent Initiatives: Recent initiatives include the launch of new cloud-based video solutions and partnerships with leading technology providers.
Summary
Harmonic Inc. is a key player in the video delivery and cable access market, driven by innovative technology and a focus on cloud-native solutions. The company is positioned to capitalize on the growing demand for streaming and high-speed internet, however, they face intense competition and rapid technological changes. Recent strategic initiatives and acquisitions have strengthened Harmonic's position, but careful navigation of market dynamics is crucial for sustained growth. Harmonic should monitor their semiconductor supply chain as this has impacted many other companies.
Similar Companies
- CCSE
- COMM
- VECM
- ERIC
Sources and Disclaimers
Data Sources:
- Company Filings
- Industry Reports
- Analyst Estimates
Disclaimers:
The information provided is for informational purposes only and should not be considered financial advice. Market data and estimates are subject to change.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Harmonic Inc
Exchange NASDAQ | Headquaters San Jose, CA, United States | ||
IPO Launch date 1995-05-22 | President, CEO & Director Mr. Nimrod Ben-Natan | ||
Sector Technology | Industry Communication Equipment | Full time employees 1240 | Website https://www.harmonicinc.com |
Full time employees 1240 | Website https://www.harmonicinc.com | ||
Harmonic Inc., together with its subsidiaries, provides broadband access solutions worldwide. The company operates through Broadband and Video segments. The Broadband segment offers software-based broadband access solution, including cOS software-based broadband access solutions to broadband operators; and cOS central cloud services, a subscription service for cOS customers. The Video segment sells video processing, production, and playout solutions and services to cable operators, and satellite and telco Pay-TV service providers, as well as to broadcast and media, including streaming media companies. Its video processing appliance solutions include network management and application software, and hardware products, such as encoders, video servers, high-density stream processing systems, and edge processors. This segment also provides VOS360 SaaS platform that provides both streaming and channel origination and distribution services; and software-as-a-service (SaaS) solutions, which enables the packaging and delivery of streaming services, including live streaming, VOD, catch-up TV, start-over TV, network-DVR and cloud-DVR services through HTTP streaming to various device along with dynamic and personal ad insertion. The company also provides technical support and professional services, such as maintenance and support, consulting, implementation, integration services, program management, technical design and planning, building and site preparation, integration and equipment installation, end-to-end system testing, and training, as well as SaaS-related support and deployment. It sells its products through its direct sales force, as well as through independent resellers and systems integrators. The company was incorporated in 1988 and is headquartered in San Jose, California.
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