Harmonic Inc. (NASDAQ:HLIT), having a share worth below $10, robust hedge fund curiosity, and a low price-to-earnings ratio, ranks among the many 11 Most Undervalued Cloud Shares Beneath $10 In line with Hedge Funds.
On July 8, 2025, Wolfe Analysis initiated protection on Harmonic Inc. (NASDAQ:HLIT) with a worth goal of $7 and an ‘Underperform’ score. This comes forward of the corporate’s earnings launch for Q2, which is scheduled for July 28, 2025. The analyst’s worth goal implies a downtick from the corporate’s present share worth of $9.10. Nevertheless, a number of different analysts, similar to Rosenblatt, Needham, and Barclays, have just lately given bullish rankings on the corporate.
Regardless of a sluggish outlook, analysts mission robust progress in 2025, the place they mission a income progress of 30.29%, taking the whole anticipated income from $645.2 million in 2025 to $840.6 million in 2026. This progress is pushed by Harmonic Inc. (NASDAQ:HLIT)’s strategic partnerships and technological innovation, as its current offers with Vectra and Cignal TV exhibit its rising world footprint within the realm of broadband and video streaming. Moreover, its progressive PTP-less DAA deployment and cloud-native VOS360 platform are anticipated to bolster its aggressive edge.
Whereas there have been delays within the short-term rollouts, administration stays optimistic. Trying forward, the analysts anticipate an improved second half of 2025 and a powerful 2026 efficiency, pushed by robust demand amid the corporate’s collaboration with CUJO AI that can improve broadband connectivity.
With the assistance of its software program and SaaS platforms, Harmonic Inc. (NASDAQ:HLIT) presents cloud-based broadband and video options, serving operators and media firms by delivering high-speed web and superior streaming companies. It’s included in our checklist of one of the best cloud shares.
Whereas we acknowledge the potential of HLIT as an funding, we imagine sure AI shares provide higher upside potential and carry much less draw back threat. In case you’re searching for a particularly undervalued AI inventory that additionally stands to learn considerably from Trump-era tariffs and the onshoring pattern, see our free report on the greatest short-term AI inventory.
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Disclosure: None.
