Harmonic Inc. (HLIT) Price Target Analysis
Wall Street analyst price targets, ratings consensus & upside potential · Updated May 1, 2026
Current Price
$12.28
Price Target
$12.50
Target Range
$11.00 — $14.00
Analyst Rating
Hold
Forward P/E21.8x
Trailing P/E37.2x
Forward PEG—
Implied Growth+28.6%
Median Target$12.50
Analyst Spread24.0%
Price Forecast (1 Year)
Last 12 months price action with 12-month analyst target path
Bear Case
$11
-10.4%
Consensus
$13
+1.8%
Bull Case
$14
+14.0%
HLIT Price Target Analysis
Updated May 8, 2026As of May 8, 2026, Harmonic Inc. (HLIT) has a Wall Street consensus price target of $12.50, based on estimates from 19 covering analysts. With the stock currently trading at $12.28, this represents a potential upside of +1.8%. The company has a market capitalization of $1.38B.
Analyst price targets range from a low of $11.00 to a high of $14.00, representing a 24% spread in expectations. The median target of $12.50 aligns closely with the consensus average. The tight target dispersion indicates high conviction among analysts.
The current analyst consensus rating is Hold, with 9 analysts rating the stock as a Buy or Strong Buy,10 rating it Hold, and 0 rating it Sell or Strong Sell. The mixed ratings reflect uncertainty about near-term direction.
From a valuation perspective, HLIT trades at a trailing P/E of 37.2x and forward P/E of 21.8x. Analysts expect EPS to grow +28.6% over the next year.
Investment Context: Price targets represent analyst expectations for the next 12 months and should be considered alongside your own research. Targets are based on analysts' assumptions about earnings growth, margins, and market conditions which may change. For sector-specific context, view other Technology stocks.
Analyst Sentiment Comparison
Industry Peer AnalysisAvg Peer Upside+8.9%
Avg Forward P/E31.5x
Peers with Coverage10 / 10
| Company | Market Cap | Price | Target | Upside | Rating | Fwd P/E | Analysts |
|---|---|---|---|---|---|---|---|
 VIAVViavi Solutions Inc. | $11.8B | $51.05 | $32.25 | -36.8% | Buy | 55.2x | 19 |
 ADTNADTRAN Holdings, Inc. | $1.2B | $14.55 | $18.00 | +23.7% | Buy | 29.7x | 25 |
 CALXCalix, Inc. | $2.8B | $43.52 | $61.00 | +40.2% | Buy | 24.5x | 21 |
 ATENA10 Networks, Inc. | $2.0B | $27.26 | $20.33 | -25.4% | Buy | 26.4x | 20 |
 CSCOCisco Systems, Inc. | $365.0B | $92.16 | $96.50 | +4.7% | Buy | 22.2x | 73 |
 EXTRExtreme Networks, Inc. | $3.2B | $23.52 | $26.50 | +12.7% | Hold | 23.0x | 17 |
 CIENCiena Corporation | $76.1B | $538.26 | $334.17 | -37.9% | Buy | 87.5x | 41 |
 CMCSAComcast Corporation | $95.6B | $26.24 | $31.87 | +21.5% | Buy | 7.4x | 60 |
 CHTRCharter Communications, Inc. | $20.3B | $160.24 | $277.40 | +73.1% | Buy | 3.8x | 55 |
 AMZNAmazon.com, Inc. | $2.9T | $271.17 | $306.77 | +13.1% | Buy | 34.8x | 94 |
Upside Potential Comparison
CHTRCALXADTNCMCSAAMZNEXTRCSCOATENSee HLIT's True Return
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Start ComparisonHLIT — Frequently Asked Questions
Quick answers to the most common questions about buying HLIT stock.
What is the HLIT stock price target for 2026?
The consensus price target for HLIT is $12.5, close to the current price of $12.28 (1.8% implied move). Based on 19 analyst estimates, the stock appears fairly valued near current levels.
Is HLIT a buy, sell, or hold?
HLIT has a consensus rating of "Hold" based on 19 Wall Street analysts. The rating breakdown is mixed, with 10 Hold ratings making up the largest segment. The consensus 12-month price target of $12.5 implies 1.8% upside from current levels.
Is HLIT stock overvalued or undervalued?
HLIT trades at a forward P/E of 21.8001x, representing a moderate valuation. With analysts targeting $12.5 (1.8% implied move), the stock appears close to fair value.
How high can HLIT stock go?
The most bullish Wall Street analyst has a price target of $14 for HLIT, while the most conservative target is $11. The consensus of $12.5 represents the median expectation. These targets typically reflect 12-month expectations.
How many analysts cover HLIT stock?
HLIT is well covered by analysts, with 19 analysts providing price targets and ratings. Of these, 0 have Strong Buy ratings, 9 have Buy ratings, 10 recommend Hold, and 0 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.
What is the HLIT stock forecast?
The 12-month HLIT stock forecast based on 19 Wall Street analysts shows a consensus price target of $12.5, with estimates ranging from $11 (bear case) to $14 (bull case). The median consensus rating is "Hold".
What is HLIT's forward P/E ratio?
HLIT trades at a forward P/E ratio of 21.8x based on next-twelve-months earnings estimates compared to a trailing P/E of 37.2x. The lower forward P/E indicates analysts expect earnings growth. A forward P/E is useful for comparing valuations when earnings are expected to change significantly.
Should I buy HLIT stock?
HLIT appears fairly valued according to analysts, with a "Hold" rating and minimal upside to the $12.5 target. Consider your investment thesis and risk tolerance. This information is for educational purposes only. Always conduct your own research, consider your financial situation, and consult a financial advisor before making investment decisions.
Why do HLIT price targets vary so much?
HLIT analyst price targets range from $11 to $14, a 24% tight range reflecting strong analyst consensus. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $12.5 consensus represents the middle ground.