HLIT — Harmonic Inc

Stock analysis, trade plans, and proprietary indicators by Trend Edge.

Trend Edge Setup Score

Trend Edge rates HLIT Bearish with a Setup Score of 27, net conviction 21, actionability 34. How the Setup Score works →

Total Setup Score27
Directional BiasBearish
Net Conviction21
Actionability34 (in range)

Key signals behind this score

About Harmonic Inc

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 a… Read full Trend Edge analysis →

Trend Edge Proprietary Indicators

Key Metrics

Current Price$12.31
Market Cap$1.35B
Float107.1M
Shares Outstanding109.1M
P/E (Forward)18.83
P/E (TTM)51.54
Price/Sales (TTM)3.04
vs. Analyst Target+31.1% to analyst PT
Profit Margin-10.62%
Operating Margin (TTM)18.03%
Revenue (TTM)$444M
Earnings Growth (YoY)31.90%
Dividend RateNone
Analyst Target Price$16.14 (7 analysts)

Financial History

Annual Revenue & Earnings History

YearRevenueNet IncomeGross ProfitEBITDA
2020 $379M -$29.3M $195M $999,000
2021 $507M $13.3M $260M $32.5M
2022 $625M $28.2M $316M $61.7M
2023 $608M $84.0M $313M $22.2M
2024 $679M $39.2M $366M $77.4M
2025 $361M -$43.3M $164M $23.7M

Recent Quarterly Revenue & Net Income

QuarterRevenueNet Income
Sep 2025 $142M $2.7M
Dec 2025 $98.2M -$54.8M
Mar 2026 $122M $7.3M
Jun 2026 $133M -$2.3M

Ownership & Float

Insider Ownership2.1%
Institutional Ownership86.8%
Short Float5.4%
% of All Funds Holding2.92%
Number of Funds Holding257

Current Moving Averages

Trend Edge tracks near-term, medium-term, cyclical, and secular moving averages across weekly and monthly timeframes to identify trend structure at every horizon.

TimeframeSMAValueTrend Context
Weekly10-Week SMA$12.83Near-term / short-term trend
Weekly40-Week SMA$11.44Medium-term trend
Weekly80-Week SMA$10.49Cyclical trend (business cycle)
Weekly200-Week SMA$11.93Secular trend (multi-year)
Monthly10-Month SMA$11.55Near-term monthly trend
Monthly20-Month SMA$10.66Medium-term monthly trend
Monthly40-Month SMA$11.77Secular monthly trend

Volume Shelves — Support & Resistance

Trend Edge identifies volume shelves: price zones where historically elevated trading volume creates structural support or resistance. A volume shelf forms when a disproportionate share of cumulative volume was transacted at a specific price level, making it a high-conviction anchor for future price reactions.

Price LevelTypeVolume RatioAge
$8.50 support 1.00x 11 months ago

Historical Earnings Reactions (122 events)

TimeframeAvg ReturnMedianWin RateBestWorst
Gap -0.70% 0.06% 50.00% 26.04% -38.89%
1 Day -0.43% 0.00% 48.36% 25.42% -36.73%
1 Week 0.06% 0.32% 51.64% 43.39% -44.40%
2 Weeks 1.10% -0.91% 47.11% 81.36% -41.57%
1 Month 2.82% 0.40% 52.07% 104.77% -48.64%

Next earnings: October 31, 2026 (65 days away)

Seasonality & Day-of-Week Patterns

Monthly Seasonality

MonthAvg ReturnWin RateSamples
Jan11.2%61.3%31
Feb0.6%54.8%31
Mar-1.4%41.9%31
Apr-2.7%38.7%31
May4.0%48.4%31
Jun-0.2%50.0%32
Jul2.2%50.0%32
Aug4.7%58.1%31
Sep2.4%51.6%31
Oct-1.1%51.6%31
Nov4.2%58.1%31
Dec1.5%51.6%31

Day-of-Week Tendencies

DayAvg ReturnWin RateSamples
Monday -0.01% 47.9% 1479
Tuesday 0.04% 46.7% 1614
Wednesday 0.28% 48.4% 1614
Thursday 0.09% 48.2% 1582
Friday 0.12% 47.2% 1575

Top Institutional Holders

Institutional holder breakdown coming soon.

Total institutional ownership: 86.8%

Insider Transactions — Smart Summary

Total insider ownership: 2.1%

12-Month Insider Activity Summary

Total Filings4
Net Value-$734,221.076
Net Shares Change-18,538
% of Float-0.0%
C-Suite Filings2
Clusters Detected0

Key Insiders

NameTitleNet ValueFilingsActivity
Haltmayer Neven SVP & GM, Video Business -$734,221.076 2 2 sell
KRALL DAVID +$499,044 1 1 buy
Copeland Stephanie -$57,211.5 1 1 sell

Significant Filings

DateInsiderTitleNet ValuePrice After
2026-05-15 Haltmayer Neven SVP & GM, Video Business -$420,604.076 Transaction at $13.24, now -7.0%
2025-12-15 KRALL DAVID +$499,044 Transaction at $10.50, now +17.2%
2026-05-18 Copeland Stephanie -$57,211.5 Transaction at $13.30, now -7.5%
2025-12-15 Haltmayer Neven SVP & GM, Video Business -$313,617 Transaction at $10.45, now +17.8%

View full insider transaction history on Trend Edge →

AI Consult Analysis

Trend Edge's AI Consult feature delivers a comprehensive, multi-layer trade plan for Harmonic Inc (HLIT) powered by Claude Opus — Anthropic's most capable AI model. The analysis covers five layers: technical analysis (near-term, medium-term, cyclical, and secular trend, momentum, volume shelf support and resistance, breakout and breakdown signals), qualitative analysis (business model, competitive moat, sector dynamics), insider sentiment (buy and sell signals from executive and director transactions), share stats analysis (institutional accumulation, fund positioning, short float squeeze potential), and fundamental analysis (valuation, revenue growth, profit margin, earnings quality).

AI Consult synthesizes all five layers into a single bullish or bearish thesis with explicit entry, exit, stop loss, and take profit levels — giving you a complete, AI-powered trade plan with defined risk/reward. Whether you are building a long position, initiating a short, or looking for a reversal setup, AI Consult identifies the highest-probability signal from the current trend.

Get the full AI Consult analysis for HLIT on Trend Edge →