Harmonic Inc. (NASDAQ:HLIT) is included in our list of the best rising tech stocks to buy now.
A technician installing high-speed internet cables.
As of December 22, 2025, Harmonic Inc. (NASDAQ:HLIT) remains a “Buy” according to 60% of analysts covering the stock. The consensus of these analysts yields a 1-year median price target of $12.00, representing 21.50% upside.
On December 8, 2025, Harmonic Inc. (NASDAQ:HLIT) announced a binding offer it received from MediaKind for the acquisition of its Video Business segment. The offer, valued at approximately $145 million in cash, marks a significant step in the company’s strategic repositioning. The transaction remains subject to a French employee works council consultation process, regulatory approvals, and customary closing conditions. It is expected to close in the first half of 2026.
With this proposed divestiture, Harmonic Inc. (NASDAQ:HLIT) aims to recalibrate its focus on its core virtualized broadband business, which management views as the company’s long-term growth driver. The transaction will also strengthen the company’s balance sheet and provide additional financial flexibility to support customer expansion, product investment, and shareholder value creation.
Harmonic Inc. (NASDAQ:HLIT) CEO Nimrod Ben-Natan believes the divestiture would allow the company to concentrate its efforts on its broadband priorities while placing the Video Business within an organization dedicated to advancing video delivery technologies.
Following this announcement, Harmonic Inc. (NASDAQ:HLIT) drew analyst attention on December 9, with Needham reiterating its “Buy” rating with a $15.00 price target.
With its Broadband segment, Harmonic Inc. (NASDAQ:HLIT) delivers software-based access solutions to cable operators worldwide.
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Disclosure: None.
