The Bid & Ask

Quotations, Dispatches, and the Daily Tape

Thursday, August 13, 2026

Subject of the day

HLIT

Concerning the House

Harmonic Inc., together with its subsidiaries, provides broadband access solutions worldwide. The company provides software-based broadband access solution, including cOS software-based broadband access solutions to broadband operators, an end-to-end solution consisting of virtualized cloud-native software; hardware products include Oyster, Ripple and SeaStar DAA nodes; Reef and Wave PHY shelf products; pebble remote PHY Devices; and fin, pearl and pier OLT modules and devices; and cOS software-based broadband access solutions to broadband operators; and cOS central cloud services, a subscription service for cOS customers. It 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. It also serves cable and telco operators. The company was incorporated in 1988 and is headquartered in San Jose, California.

United States · www.harmonicinc.com

The Long Run

FY 2010–2025 · 16 years

LineLatestCAGRTrend
Revenue$488.20M+2.9%
Gross profit$240.11M+1.4%
Operating income$74.73M+30.7%
Net income-$43.31M+151.5%
Cash from ops$7.06M-3.4%
Quotation

$13.08

+1.08 (+9.0%)

52w hi$17.11
52w lo$8.76
Vol6.87M
As ofAug 13
The Verdict

Hold

Our score +0.49

Short+0.60
Medium+0.48
Long+0.30

computed 2026-08-13

By the Numbers

Harmonic Inc.

Technology · Communication Equipment

Market cap$1.42B
Enterprise value$1.26B
Trailing P/E76.94x
Forward P/E16.19x
EV / EBITDA30.59x
P / S (ttm)3.57x
Profit margin-10.6%
Return on equity2.1%
Revenue growth+43.4%
Earnings growth+31.9%
Debt / equity36.90
Risk Metrics
Beta vs SPX1.42
Corr SPX0.47
Annual vol48.7%
Annual ret+11.4%
Sharpe0.23
Max DD-44.3%

Window: 504 trading days (504 obs)

Layer Breakdown
LayerRawContribution
Fundamental+0.19
Sector+0.15
Technical-0.08
Earnings+0.00
Sentiment+0.96

macro × 1.00 · 2026-08-13

Recent Sessions
DateOpenHighLowCloseVol
Aug 13$14.48$15.06$12.76$13.086.87M
Aug 12$11.86$12.10$11.72$12.003.02M
Aug 11$11.80$11.88$11.38$11.451.47M
Aug 10$11.89$11.94$11.59$11.601.15M
Aug 7$11.90$11.96$11.68$11.84760.90K