What analysts say:
- Buy, sell, or hold?: Analysts think investors should stand pat on Harmonic with five of eight analysts rating it hold. Analysts don't like Harmonic as much as competitor SeaChange International overall. One out of two analysts rate SeaChange International a buy compared to three of eight for Harmonic. Analysts still rate the stock a Hold, but they are a bit more wary about it compared to three months ago.
- Revenue forecasts: On average, analysts predict $130.7 million in revenue this quarter. That would represent a decline of 1.6% from the year-ago quarter.
- Wall Street earnings expectations: The average analyst estimate is earnings of $0.05 per share. Estimates range from a loss of $0.02 to a profit of $0.10.
What our community says:
CAPS All-Stars are solidly supporting the stock, with 94.9% giving it an outperform rating. The greater community agrees with the All-Stars, as 94.3% give it a rating of outperform. Even with a robust four out of five stars, Harmonic's CAPS rating falls a little short of the community's upbeat outlook.
Revenue has now gone up for three straight quarters.
We can help you keep tabs on your companies with My Watchlist, our free, personalized service. Add Harmonic now.
The Motley Fool has a disclosure policy.We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.Earnings estimates provided by Zacks.