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Harmonic (HLIT)

(Delayed Data from NSDQ)

$14.01 USD

14.01
1,040,247

+0.34 (2.49%)

Updated Aug 15, 2024 04:00 PM ET

After-Market: $14.04 +0.03 (0.21%) 4:42 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.03%
2Buy17.70%
3Hold9.37%
4Sell5.03%
5Strong Sell2.48%
S&P50011.19%

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1-Strong Buy of 5 1        

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

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D Value F Growth F Momentum F VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

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Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank

Top 4% (11 out of 251)

Industry: Communication - Components

Better trading starts here.

Zacks News

Viasat (VSAT) to Power In-Flight Connectivity in Gulfstream G450

The FAA go-ahead is likely to generate incremental revenues for Viasat (VSAT), with more than 300 Gulfstream G450 aircraft available in the market.

Ericsson (ERIC) Spins Off Customer Support Business in Russia

Ericsson (ERIC) is following an orderly exit in Russia and is winding down its operations in the wake of economic sanctions against the Putin regime.

Jabil (JBL) Beats Q1 Earnings Estimates on Solid Revenues

Robust end-market demand and favorable product mix help Jabil (JBL) to record solid top-line growth in first-quarter fiscal 2023.

Strength Seen in Harmonic (HLIT): Can Its 7.7% Jump Turn into More Strength?

Harmonic (HLIT) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.

Nokia (NOK) Extends BT Partnership With 5-Year Deal for AVA

Nokia (NOK) will offer its AVA Analytics software to BT for real-time insights and ad-hoc reporting to enable intelligent and automated decision-making process.

Coupa (COUP) Beats Q3 Earnings Estimates on Solid Revenues

Backed by the strength of a comprehensive portfolio, Coupa (COUP) records healthy top-line growth in third-quarter fiscal 2023.

The Zacks Analyst Blog Highlights Flex, Plexus, Model N, Clearfield and Harmonic

Flex, Plexus, Model N, Clearfield and Harmonic are included in this Analyst Blog.

Supriyo Bose headshot

5 Tech Stocks That Survived Nasdaq's Bloodbath This Year

Flex (FLEX), Plexus (PLXS), Model N (MODN), Clearfield (CLFD) and Harmonic (HLIT) have survived the mayhem and appear poised for a healthy growth momentum in 2023.

Is Harmonic (HLIT) Outperforming Other Computer and Technology Stocks This Year?

Here is how Harmonic (HLIT) and Thermon Group (THR) have performed compared to their sector so far this year.

Here's Why HubSpot (HUBS) is a Promising Portfolio Pick

With healthy fundamentals and upward estimate revisions, HubSpot (HUBS) appears to be an enticing investment option at the moment.

Here's Why Model N (MODN) is a Promising Portfolio Pick

With healthy fundamentals and upward estimate revisions, Model N (MODN) appears to be an enticing investment option at the moment.

Nokia (NOK) to Power NBN's Network Expansion in Australia

Per the deal, Nokia (NOK) will provide Altiplano Access Controller and Lightspan MF-14 to facilitate the convergence of all services over a single fiber network infrastructure.

Splunk (SPLK) Q3 Earnings Beat on Solid Revenues, Shares Up

Healthy customer engagement and solid demand trends help Splunk (SPLK) beat third-quarter fiscal 2023 earnings estimates.

Workday (WDAY) Q3 Earnings Beat on Solid Revenues, Shares Up

Healthy top-line growth driven by solid demand trends enable Workday (WDAY) to beat third-quarter fiscal 2023 earnings estimates.

Earnings Estimates Moving Higher for Harmonic (HLIT): Time to Buy?

Harmonic (HLIT) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

Viasat (VSAT) Inches Closer to ViaSat-3 Satellite Launch

The ViaSat-3 platform from Viasat (VSAT) will help form a global broadband network with sufficient network capacity for an affordable, high-quality, high-speed Internet and video streaming service.

Qorvo (QRVO) Expands MediaTek Tie-Up to Secure Design Wins

The design wins are likely to augment the leading position of Qorvo (QRVO) in the market and accelerate innovation within mobile, networking, automotive and other related sectors.

Here's Why Cambium (CMBM) is a Promising Portfolio Pick

With healthy fundamentals and upward estimate revisions, Cambium (CMBM) appears to be an enticing investment option at the moment.

Why Jabil (JBL) Appears a Solid Investment Proposition Now

With healthy fundamentals and strong inherent growth potential, Jabil (JBL) appears to be a solid investment option at the moment.

Here's Why Arista (ANET) is a Promising Portfolio Pick

With healthy growth drivers and solid fundamentals, Arista (ANET) appears to be an enticing investment option for the volatile market.

Why You Shouldn't Bet Against Harmonic (HLIT) Stock

Harmonic (HLIT) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.

Ericsson (ERIC) to Boost 6G Research Capabilities in the UK

The initiative by Ericsson (ERIC) is likely to sow the seeds for in-depth 6G research activities on hardware security, AI, cognitive networks and quantum computing in the region.

Are Computer and Technology Stocks Lagging Harmonic (HLIT) This Year?

Here is how Harmonic (HLIT) and MakeMyTrip (MMYT) have performed compared to their sector so far this year.

Viavi (VIAV) Boosts Production Capacity With New AZ Facility

The facility is expected to complement the strategic plan of Viavi (VIAV) to relocate its headquarters to Chandler from California and leverage the city's high quality of life at a reasonable cost.

Keysight (KEYS) Tops Q4 Earnings Estimates on Record Revenues

Record orders and sustained demand across all end markets and regions help Keysight (KEYS) to beat fourth-quarter fiscal 2022 earnings estimates.