Assessing Harmonic (HLIT) Valuation After A Year Of Weak Share Price Momentum
Harmonic (HLIT) has been drawing attention after recent share price moves, with the stock last closing at $9.63. For investors, the key question is how this level lines up with fundamentals.
See our latest analysis for Harmonic.
Recent moves sit against a weaker backdrop, with a 30 day share price return of a 6.32% decline and a 1 year total shareholder return of a 22.59% loss, suggesting momentum has been fading despite the current US$9.63 level.
If Harmonic has you reassessing opportunities in the sector, this could be a useful moment to widen your search and check out high growth tech and AI stocks.
So with Harmonic delivering US$635.71m in revenue and US$49.63m in net income while the share price has retreated over the past year, is…
