Harmonic (HLIT) Is Down 10.4% After Selling Video Unit And Raising Broadband Guidance Has The Bull Case Changed?

Simply Wall St.08-23

In August 2026, Harmonic Inc. reported past second-quarter results showing revenue rising to US$133.46 million while swinging from a prior-year profit to a net loss, and confirmed it had completed the...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2661283211?lang=en_US&edition=fundamental","thumbnail":"https://images.simplywall.st/asset/industry/8111000-choice2-main-header/1585186811567","is_english":true,"pubTime":"2026-08-23 02:18","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2661283211","market":"sg","top_or_hot":-1,"title":"Harmonic (HLIT) Is Down 10.4% After Selling Video Unit And Raising Broadband Guidance Has The Bull Case Changed?","media":"Simply Wall St.","content":"<div>\n<p>In August 2026, Harmonic Inc. reported past second-quarter results showing revenue rising to US$133.46 million while swinging from a prior-year profit to a net loss, and confirmed it had completed the...</p>\n\n<a href=\"https://simplywall.st/stocks/us/tech/nasdaq-hlit/harmonic/news/harmonic-hlit-is-down-104-after-selling-video-unit-and-raisi\">Source Link</a>\n\n</div>\n","source":"simplywall_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Harmonic (HLIT) Is Down 10.4% After Selling Video Unit And Raising Broadband Guidance Has The Bull Case Changed?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHarmonic (HLIT) Is Down 10.4% After Selling Video Unit And Raising Broadband Guidance Has The Bull Case Changed?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2026-08-23 02:18 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://simplywall.st/stocks/us/tech/nasdaq-hlit/harmonic/news/harmonic-hlit-is-down-104-after-selling-video-unit-and-raisi><strong>Simply Wall St.</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>In August 2026, Harmonic Inc. reported past second-quarter results showing revenue rising to US$133.46 million while swinging from a prior-year profit to a net loss, and confirmed it had completed the...</p>\n\n<a href=\"https://simplywall.st/stocks/us/tech/nasdaq-hlit/harmonic/news/harmonic-hlit-is-down-104-after-selling-video-unit-and-raisi\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"HLIT","symbol_name":"谐波","start_time":0,"source_url":"https://simplywall.st/stocks/us/tech/nasdaq-hlit/harmonic/news/harmonic-hlit-is-down-104-after-selling-video-unit-and-raisi","article_id":"2661283211","we_media_id":null,"thumbnails":["https://images.simplywall.st/asset/industry/8111000-choice2-main-header/1585186811567"],"rights":{"source":"simplywall_highlight","url":"https://simplywall.st/stocks/us/tech/nasdaq-hlit/harmonic/news/harmonic-hlit-is-down-104-after-selling-video-unit-and-raisi","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2661283211","pubTimestamp":1787422716,"columns":[],"sourceInfo":{"source_id":"simplywall_highlight","name":"Simply Wall St."},"weMediaInfo":null,"summary":"In August 2026, Harmonic Inc. reported past second-quarter results showing revenue rising to US$133.46 million while swinging from a prior-year profit to a net loss, and confirmed it had completed the sale of its Video business to focus on broadband operations.\nAt the same time, Harmonic raised its full-year 2026 broadband revenue and earnings guidance, highlighting confidence in its pure-play broadband model backed by a larger backlog and demand for fiber and its broader broadband...","collect":0,"end_time":0,"defaultTopTitle":"simplywall.st","property":[],"viewcount":null,"language":"en","relate_stocks":{"HLIT":"谐波","BK4020":"通信设备"},"translate_title":"Harmonic (HLIT) 在出售视频部门并提高宽带指引后下跌 10.4% 牛市情况是否发生了变化？","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"HLIT":1.5},"content_text":"In August 2026, Harmonic Inc. reported past second-quarter results showing revenue rising to US$133.46 million while swinging from a prior-year profit to a net loss, and confirmed it had completed the sale of its Video business to focus on broadband operations. At the same time, Harmonic raised its full-year 2026 broadband revenue and earnings guidance, highlighting confidence in its pure-play broadband model backed by a larger backlog and demand for fiber and its broader broadband portfolio. We’ll now examine how Harmonic’s sharpened focus on broadband, alongside its raised full-year guidance, reshapes the company’s investment narrative. Uncover the next big thing with 22 elite penny stocks that balance risk and reward.AdvertisementHarmonic Investment Narrative RecapTo own Harmonic today, you need to believe its shift to a pure-play broadband company can convert strong demand for fiber and virtualized access into durable earnings power. The key near term catalyst is execution against its expanded broadband backlog and raised 2026 guidance, while the biggest risk is that customer concentration and any operational hiccups slow that conversion. The delayed 10-Q filing is a watchpoint but does not yet appear to fundamentally alter this core thesis. The most relevant development is Harmonic’s decision to raise full year 2026 broadband revenue guidance to US$505 million to US$525 million, alongside higher operating profit and net income targets. This sharper, broadband-only outlook directly ties to the catalyst of large scale fiber and DOCSIS upgrades converting into revenue, while also testing whether the company can manage margin pressures and reporting complexity as it exits Video and runs as a focused broadband business. Yet the raised guidance and broadband focus also increase the importance of one issue investors should be aware of, especially if the delayed 10 Q hints at... Read the full narrative on Harmonic (it's free!)Harmonic's narrative projects $609.8 million revenue and $92.1 million earnings by 2029. This requires 15.3% yearly revenue growth and about an $83.6 million earnings increase from $8.5 million today.Uncover how Harmonic's forecasts yield a $15.29 fair value, a 23% upside to its current price.Exploring Other PerspectivesHLIT 1-Year Stock Price Chart Some of the most optimistic analysts were already modeling revenue of about US$580 million and earnings near US$69 million by 2029, so you might now see their upbeat view on regulatory and broadband tailwinds as even more aggressive or potentially more achievable, depending on how you weigh this latest shift to pure play broadband.Explore 3 other fair value estimates on Harmonic - why the stock might be worth just $14.26!The Verdict Is YoursDisagree with existing narratives? Extraordinary investment returns rarely come from following the herd, so go with your instincts.A great starting point for your Harmonic research is our analysis highlighting 2 key rewards and 2 important warning signs that could impact your investment decision.Our free Harmonic research report provides a comprehensive fundamental analysis summarized in a single visual - the Snowflake - making it easy to evaluate Harmonic's overall financial health at a glance.Looking For Alternative Opportunities?These stocks are moving-our analysis flagged them today. Act fast before the price catches up:The future of work is here. Discover the 37 top robotics and automation stocks leading the charge in AI-driven automation and industrial transformation.Invest in the nuclear renaissance through our list of 92 elite nuclear energy infrastructure plays powering the global AI revolution.Capitalize on the AI infrastructure supercycle with our selection of the 55 best 'picks and shovels' of the AI gold rush converting record-breaking demand into massive cash flow.  This article by Simply Wall St is general in nature. We provide commentary based on historical data\n    and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your\n    financial situation. We aim to bring you long-term focused analysis driven by fundamental data.\n    Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material.\n    Simply Wall St has no position in any stocks mentioned.Valuation is complex, but we're here to simplify it.Discover if Harmonic might be undervalued or overvalued with our detailed analysis, featuring fair value estimates, potential risks, dividends, insider trades, and its financial condition.Access Free AnalysisHave feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":false,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"isLaohu8Offline":false,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.49.0","shortVersion":"4.49.0","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2661283211","isCrawlerRequest":true}