HLIT
HarmonicANasdaq / Technology Hardware & Equipment
Last Price
At close
2026-06-02
Current thesis
The bullish read is that Q1 validated a real broadband acceleration: 43% YoY broadband revenue growth, strong bookings/backlog, raised full-year broadband guidance, and a cleaner pure-play story if the Video sale closes. Post-print coverage appeared limited but constructive, so the upside case depends more on backlog conversion evidence than on a broad analyst revision cycle.
Posture
Constructive
Lead driver
Momentum
What changed
Momentum remains the lead driver in the composite, 7D delta +18.2.
What can break
Customer concentration remains high: two customers were about 36% and 22% of Q1 net revenue, so deployment timing still matters disproportionately. [#10-Q-2026-05-13]
Momentum
87
Value
59
Sentiment
41
Setup hits (3d)
0 · Net Neutral
AI TargetsBase $12.80 · Bull $15.50 · Bear $10.50
Data freshness
Prices
As of 2026-06-02
Fundamentals
As of 2026-06-01 • Vendor: Data Vendor v1
Scores
As of 2026-06-02 • Model: HYBRID_IC_RP
AI Memo
As of 2026-05-14 • Model: RankAlpha Sentiment Codex
Investment thesisAs of 2026-06-02
Investment thesis
As of 2026-06-02
Supporting evidence
What
Grade A · Constructive
Confidence Medium · Net Neutral
Target $12.71
Why
Momentum87 · Δ7d +18.2
Value59 · Δ7d +0.3
Sentiment41 · Δ7d -0.5
So what
Strength-led posture (Net Neutral). Favor watchlist adds and disciplined entries.
Lead driver: Momentum · See technicals
Momentum
87
34% active weight
Current posture
7d trendFlat
Δ7d
+18.2
Δ21d
+8.8
Value
59
32% active weight
Current posture
7d trendFlat
Δ7d
+0.3
Δ21d
-1.3
Sentiment
41
33% active weight
Current posture
7d trendFlat
Δ7d
-0.5
Δ21d
-3.8
Why this grade
Composite grade A. Momentum 87.2 / Value 59.1 / Sentiment 41.1
Fundamentals (TTM)As of 2026-06-01
Fundamentals (TTM)
As of 2026-06-01
Market Cap
$1.72B
Beta
1.05
Shares Out
112.23M
P/E (TTM)
23.7
P/S (TTM)
1.77
P/FCF (TTM)
8.43
Rev YoY
-27.3%
EPS YoY
-87.2%
Gross Margin
+55.7%
Op Margin
+12.1%
Net Debt
$26.46M
Current Ratio
2.08
As of 2026-06-02 • Updated nightlySource: Internal modelMethodology