Reported 2 days ago
Wolfe Research has initiated coverage on Harmonic Inc. (NASDAQ:HLIT) with a price target of $7, rating it as 'Underperform.' This comes ahead of the company's Q2 earnings release on July 28, 2025. Analysts predict a significant revenue growth of over 30% for 2025, boosted by strategic partnerships and innovations in broadband and video streaming technology. Despite short-term setbacks, management is optimistic about future performance, particularly in the second half of 2025.
Source: YAHOO