Published on 6 Mar 2024 on Simply Wall St. via Yahoo Finance
Harmonic Inc. (NASDAQ:HLIT), is not the largest company out there, but it received a lot of attention from a substantial price increase on the NASDAQGS over the last few months. The recent rally in share prices has nudged the company in the right direction, though it still falls short of its yearly peak. As a stock with high coverage by analysts, you could assume any recent changes in the company’s outlook is already priced into the stock. But what if there is still an opportunity to buy? Let’s examine Harmonic’s valuation and outlook in more detail to determine if there’s still a bargain opportunity.
See our latest analysis for Harmonic
Is Harmonic Still Cheap?