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HLHLIT

Harmonic Inc.

$HLIT·$1.3B·Communication Equipment·Technology
$12.02-2.1%YTD+24.2%1Y+23.7%
Mentions · last 7 days
2026-08-20: 1 posts2026-08-21: 2 posts2026-08-22: 0 posts2026-08-23: 0 posts27-4%
Price updated 2d ago·X counts updated 7d ago
HLHLIT
$HLITHarmonic Inc.
$12.02-2.12%27 posts-4%
AI analysisFundamentalsVoices on X
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AI verdict & sentimentAI analysisGenerated by AI from underlying data

Top X posts

Today's AI verdict on what's driving $HLIT, plus how loud the X conversation is and which way it's leaning.

AI analysis

TickerTalks’ read on the fundamentals and what’s driving the move.

Proven numbersAcceleratingAI verdict · as of 2026-08-29

The move is getting stronger, with heavier trading behind it.

Video-infra + broadband name printing three straight ~40% EPS beats; Sep 15 Investor Day is the next reset catalyst.

Harmonic Inc. is a $1.28B video-infrastructure + cable-access-technology company at $12.02 — +24% YTD, +24% t12m to 39% of its 52w range and +6% vs 200d, printing a beat-and-raise Q2.

  • Q2 EPS $0.24 vs $0.17 (+42.6% beat), Q1 $0.17 vs $0.12 (+41.7%), Q4 $0.14 vs $0.10 (+40%) — three consecutive quarters of ~40% EPS surprise. That's a durable execution signal.
  • Q2 revenue $150M+ (broadband $133.5M +54% YoY), gross margin 53% (+680bps), record backlog. This is the fiber-to-the-home rebuild + cable-DAA-migration cycle.
  • Cash economics: PE -34.7 (TTM distortion from prior loss year), PS 2.88, ROIC 4.1%, ROE -10.3%, op-margin 8.3%, D/E 0.37, EV/EBITDA 28.2, FCF yield 3.2%.
  • Analyst path FY26 EPS $0.64 → FY27 $0.77 (~20% growth) — the beat magnitude implies the Street path is stale.
  • Structural: 106M float + 0.90x volume multiplier + +6% vs 200d = healthy accumulation phase.
  • Insider signal is neutral: 9 events, mix of M-Exempt + F-InKind (Jankovic $138K, Chu $48K, Ben-Natan) — options exercise with tax withholding, no large open-market S-Sales.
  • Investor Day scheduled Sep 15 in New York — a discrete catalyst event where management can reset the FY guide.
  • Sentiment (9 posts): bullish — Q2 print details (broadband $133.5M +54%, GM +680bps, record backlog), 28% initial pop then bounce off 50-DMA, broadening analyst momentum turning constructive.

Read as a broadband-infrastructure inflection story printing three consecutive 40% EPS beats + a Sep 15 Investor Day catalyst; the debated question is whether the Investor Day + Q3 print confirms the FTTH-rebuild-and-cable-DAA-migration pace or reveals sooner-than-expected cyclical mode.

Agrees with X sentimentX is bullish on the Q2 print + broadening analyst momentum; verdict aligns while framing Sep 15 Investor Day as the discrete-catalyst event.

What to watch: Sep 15 Investor Day guide, Q3 broadband growth continuation, and any large-cable-operator new-contract commentary on the Nov 2 print.

On the calendar: 2026-09-15 Investor Day, then 2026-11-02 Q3 earnings

X sentiment

What the X crowd is saying right now — descriptive, summarised from the day’s posts.

Bullish sentiment9 posts analyzed · as of 2026-08-20

Harmonic posters describe a strong Q2 print: broadband revenue $133.5M (+54% YoY), gross margin 53% (+680 bps), record backlog. The stock popped +28% initially, gave back most before bouncing off the 50-DMA, and is +6-7% today. HLIT hit a top-large-cap-movers list at +23% on earnings. Bulls flag broadening analyst momentum turning more constructive. Uniformly bullish tone.

Read the AI verdict + X sentiment for $HLIT

  • One-line verdict on what's driving the move — fundamentals, momentum, both, or an event
  • Next dated catalyst when there is one (earnings, deal closing, activist clock)
  • X crowd read with bullish/bearish call + post volume
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What it does

Plain-English summary of the business — what they sell and how they make money.

Makes video encoding and streaming software for cable, satellite, and OTT broadcasters; moving headend infrastructure to SaaS cloud model.

Industry overviewAI analysisGenerated by AI from underlying data

Where Communication Equipment sits in its cycle right now — and what that implies for $HLIT.

Communication Equipment · Technology

No material change from last week — Lumentum pre-breakout setup unchanged as hyperscaler 400G/800G AI rack buildout continues structurally consuming optical transceiver and DWDM capacity into 2H26.

What this means for $HLIT

Neutral — Makes video encoding and streaming software for cable, satellite, and OTT broadcasters; moving headend infrastructure to SaaS cloud model; limited read-through from communication equipment macro dynamics to this specific revenue mix.

Top industry ETF

$IYZiShares U.S. Telecommunications ETF
+27.1%YTD
+36.5%1Y

Fundamentals & catalyst

Profitability, valuation, and the next earnings event — at a glance, with rule-of-thumb signals.

Key ratios

P/E
-34.7How much investors are paying per dollar of profit the company actually earned in the last 12 months. Lower means the stock looks cheaper relative to earnings.~15–25 is typical for the S&P 500; high-growth names trade 30+; hyper-growth or speculative can be 100+ or negative.
ROIC
4.1%What percentage return the business earns on every dollar of capital (equity + debt) deployed in operations. The cleanest measure of business quality.Above ~15% is high-quality; consistently above 25% suggests a real moat. Below the company's cost of capital is value-destroying.
Op margin
8.3%Operating profit (after sales, marketing, R&D, and overhead but before interest and taxes) as a percentage of revenue. The clearest view of how well the underlying business is run.Mature business above 20% is healthy; software businesses can run 30%+; commodity / retail businesses operate in single digits.
FCF yield
3.2%Free cash flow (operating cash flow minus capex) divided by the company's market cap. The cash-on-cash return you'd get owning the whole business at today's price.Above ~5% is attractive; below ~2% means you're paying up for growth. Capital-light businesses (software) run higher than capital-heavy ones (utilities).
P/S
2.9Same idea as P/E but per dollar of revenue. Useful for companies that aren't profitable yet, where P/E is meaningless.Under ~2 is cheap; software / SaaS often runs 8–15; well above 20 implies the market is pricing in very high future growth.
ROE
-10.3%Net income as a percentage of shareholders' equity. Similar to ROIC but counts only the equity side.Above 20% is strong, but can be inflated by leverage — a heavily indebted company can show high ROE with weak underlying ROIC.
Gross margin
50.5%Revenue minus the direct cost of producing what was sold, as a percentage of revenue. The first read on whether the product is structurally profitable.Software / SaaS is typically 70%+; consumer goods 30–50%; commodity / hardware businesses can be under 20%.
D/E
0.4Total debt divided by shareholders' equity. Measures how much the business runs on borrowed money versus owner capital.Under 1 is conservative; 1–2 is typical for mature businesses; over 2 is leveraged and more sensitive to interest rates.

Past earnings

QuarterReportedActualEstimateSurprise
Q2 2026Aug 12, 2026$0.24$0.17+42.6%
Q1 2026May 11, 2026$0.17$0.12+41.7%
Q4 2025Feb 19, 2026$0.14$0.10+40.0%
Q3 2025Nov 3, 2025$0.12$0.05+165.7%
Next earningsMon, Nov 2·consensus EPS $0.15

Quarterly trend

QuarterRevenueYoYGrossOpEPSFCF
Q1 FY26$121.7M-8.6%52.3%16.8%$0.07$30.3M
Q4 FY25$98.2M-55.8%44.4%3.8%$-0.49$9.6M
Q3 FY25$142.4M-27.3%52.2%7.7%$0.02$21.0M
Q2 FY25$138.0M-0.5%51.5%4.5%$0.03$-15.5M

Forward consensus

3-year forecast · up to 4 analysts
FYRevenueRangeEPSRangeAnalysts
FY26$490.4M$462.7M – $508.8M$0.64$0.61 – $0.654
FY27$565.3M$519.1M – $606.2M$0.77$0.68 – $0.864
FY28$553.5M$536.8M – $570.2M$0.74$0.69 – $0.792

Setup & momentum

Volume, range, and moving-average position — the technical setup driving short-term moves.

Right now

Vol vs 30dToday's traded share volume divided by the average over the prior 30 trading days. ≥3× signals unusual interest; below 1× is quiet.0.9×Today's traded share volume divided by the average over the prior 30 trading days. ≥3× signals unusual interest; below 1× is quiet.
52w rangeWhere the latest close sits between the 52-week low (0%) and high (100%). Above 80% is extended; below 30% is basing or in a downtrend.39%Where the latest close sits between the 52-week low (0%) and high (100%). Above 80% is extended; below 30% is basing or in a downtrend.
vs 50d MALatest close vs the 50-day simple moving average. Positive = short-term trend is up.-7.0%Latest close vs the 50-day simple moving average. Positive = short-term trend is up.
vs 200d MALatest close vs the 200-day simple moving average. Positive = long-term trend is up.+6.1%Latest close vs the 200-day simple moving average. Positive = long-term trend is up.

Float & profile

FloatMid float · 106.5M shFree-float shares — the slice of issued stock actually available to trade. Lower buckets squeeze harder on a catalyst.Traded today1.3% of floatToday's volume as a percent of the free float. Above 5% on a single day is unusually high turnover for the available share count.β1.325-year weekly beta vs the S&P 500. Above 1.5 means the stock typically moves more than the index; below 0.8 moves less.

Insider activity

Recent open-market buys and sells by officers and directors — flagged when multiple insiders cluster.

Recent transactions

SellMay 14Stephanie CopelandDirector4.3K sh$57KSellMay 13Neven HaltmayerSVP & GM, Video Business31.8K sh$421K
+ 45 other (18 exempts · 14 inkinds · 13 awards) in window

See when $HLIT insiders are putting their own money in

  • Real-time open-market buys and sells from Form 4 filings
  • Cluster-buy detection when multiple insiders pile in at once
  • 30 / 60 / 180-day windows so you can spot building conviction
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SEC filings

Material 8-K, 13D, S-3, and 424B5 events from the last 180 days — the filings that actually move the price.

Recent material filings

8-KAcquisition completedJun 178-K — Item 2.01: Acquisition completed · Item 5.02: Officer or director change
AI summary

Harmonic Inc. completed the sale of its Video Business to Leone Media Inc. (d/b/a MediaKind) on June 16, 2026, pursuant to an Asset Purchase Agreement dated March 20, 2026, for a purchase price of $145 million in cash. The APA includes customary working-capital and indebtedness adjustments, a three-year non-compete, and mutual indemnification provisions. Simultaneously, Neven Haltmayer, SVP and General Manager of the Video Business, resigned effective June 16, 2026 after 20 years, in connection with the closing. This is a transformative, accretive disposition — Harmonic exits its legacy video segment and sharpens focus on its cable-access broadband business, receiving $145M in cash proceeds.

8-KPress release / Reg FDJun 88-K — Item 7.01: Press release / Reg FD
AI summary

HLIT (HLIT) disclosed its addition to Nasdaq Global Select Market Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 under 8-K Item 8.01 (other events). Index inclusions are significant because they trigger automatic buying from passive index funds and ETFs that track the benchmark, often resulting in increased share price and trading volume. Index providers typically announce additions in advance of the effective rebalancing date, giving institutions time to adjust their holdings. The event increases HLIT's institutional ownership base and enhances its market visibility and liquidity profile.

8-KShareholder voteJun 58-K — Item 5.07: Shareholder vote
AI summary

HLIT (HLIT) disclosed the results of its annual meeting of shareholders in an 8-K filing under Item 5.07. Shareholders voted on an advisory say-on-pay resolution, ratification of the independent auditor, an equity incentive plan. All management-sponsored proposals were approved by majority shareholder vote. Annual meeting results are a routine disclosure that confirms shareholder ratification of the board's composition and compensation practices.

8-KOfficer or director changeApr 28-K — Item 5.02: Officer or director change
AI summary

Dan Whalen resigned from Harmonic Inc.'s (HLIT) Board of Directors effective March 31, 2026, citing potential conflicts of interest arising from a new role at another company. Whalen had served on the Board since 2024 (and previously 2021-2023) and was a member of both the Audit and Compensation Committees. His departure is not due to any disagreement on operations, policies, or practices. The loss of an experienced Audit Committee member is a modest governance note, though the reason — conflict of interest from a new role — is benign.

8-KMaterial agreementMar 238-K — Item 1.01: Material agreement
8-KPress release / Reg FDMar 118-K — Item 7.01: Press release / Reg FD
+ 13 other (3 proxys · 3 13Gs · 2 10-Qs · 2 earnings 8-Ks) in window

Recent news

Latest headlines from major outlets, sourced and timestamped — context for whatever just moved.

Harmonic to Host Investor Day in New York on September 15, 2026prnewswire.com·3d agoHarmonic to Participate in Upcoming Investor Conferencesprnewswire.com·17d agoHarmonic Inc. (HLIT) Q2 2026 Earnings Call Transcriptseekingalpha.com·18d agoHarmonic Q2 Earnings Call Highlightsmarketbeat.com·18d agoHarmonic (HLIT) Q2 Earnings and Revenues Surpass Estimateszacks.com·18d ago

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TickerTalks is a research tool, not financial advice. We surface social-attention data; we do not make stock recommendations. Past attention is not predictive of future price movements.

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