Home / Stocks / HLIT

Harmonic (HLIT, Communications Equipment) Stock Valuation & Fair Value Fairly valued

Harmonic (HLIT, Communications Equipment) trades at a blended P/E of 17.3, about 40% below its historical normal valuation, with a forward growth estimate of 14.2% and a PEG of 1.21. Analysts' one-year estimates have been hit 18% of the time. Priced at its historical normal P/E of 29.0 on the same blended earnings, the 2026-09-18 close of $11.10 corresponds to about $18.60 a share. This is a valuation reference, not a price target.

DATA AS OF 2026-09-21
Blended P/E
17.3
Normal P/E
29.0
PEG
1.21
Fwd growth
14.2%
Div yield
0.0%
RSI (14)
43.2
Neutral

Valuation flags

Verdict history

tickerseer's rating moved from trading above fair value (2026-08-07) to fairly valued (2026-09-21).

Blended P/E and rating by weekBlended P/E moved from 20.3 to 17.3 between 2026-08-07 and 2026-09-21, against a normal P/E of 29.0, with 1 rating change over 16 recorded weeks.2026-08-07: P/E 20.3, Trading above fair value (recalculated)2026-08-10: P/E 20.6, Trading above fair value2026-08-14: P/E 20.6, Trading above fair value (recalculated)2026-08-17: P/E 22.5, Trading above fair value2026-08-21: P/E 22.5, Trading above fair value (recalculated)2026-08-24: P/E 20.0, Trading above fair value2026-08-27: P/E 20.0, Trading above fair value (recalculated)2026-08-28: P/E 20.0, Trading above fair value (recalculated)2026-08-30: P/E 20.0, Trading above fair value (recalculated)2026-08-31: P/E 19.1, Fairly valued2026-09-05: P/E 19.1, Fairly valued (recalculated)2026-09-07: P/E 18.6, Fairly valued2026-09-12: P/E 18.6, Fairly valued (recalculated)2026-09-14: P/E 18.8, Fairly valued2026-09-19: P/E 18.8, Fairly valued (recalculated)2026-09-21: P/E 17.3, Fairly valued20.025.0Aug 7Aug 18Aug 29Sep 10Sep 21Normal P/E 29.0
Attractively valuedFairly valuedAbove fair valueLarger dot: a stronger reading

Not every point was recorded live. Points marked recalculated apply today's valuation rules to the metrics tickerseer archived that week.

Selected weeks: the first, the latest, every week the rating moved, and the cheapest and dearest.

WeekBlended P/EPremium to normal P/ERating
2026-08-07P/E 20.3-30%Trading above fair value
2026-08-17P/E 22.5-23%Trading above fair value
2026-08-31P/E 19.1-34%Fairly valued
2026-09-21P/E 17.3-40%Fairly valued ← now

Frequently asked questions

Is Harmonic stock overvalued?

At a blended P/E of 17.3 versus its historical normal P/E of 29.0, Harmonic trades about 40% below its typical valuation, with a PEG of 1.21 on 14.2% forward growth. tickerseer currently rates it fairly valued.

What is Harmonic's fair value and PEG?

Harmonic trades at a blended P/E of 17.3 against a historical normal P/E of 29.0, a PEG of 1.21, and a forward growth estimate of 14.2%. Priced at its historical normal P/E of 29.0 on the same blended earnings, the 2026-09-18 close of $11.10 corresponds to about $18.60 a share. This is a valuation reference, not a price target.

Has tickerseer's rating of Harmonic changed?

tickerseer's rating moved from trading above fair value (2026-08-07) to fairly valued (2026-09-21).

Industry: Communications Equipment. Create a free account to see the full analysis: the SeerAI score, its five quality sub-scores, valuation history, and the AI research note. Options setups and metric history are part of the paid plans.

See the full analysis →🔔 Track HLIT free: valuation & earnings alerts

Get the free weekly earnings preview

One email each Monday with the week's named earnings setups, the reasoning, and what settled last week. Strikes and sizing stay in Premium.

It's free, and you can unsubscribe any time. We also send a short product update once a month. Educational content, not investment advice.