HLIT: Betting on the Broadband Upgrade Cycle Through Software Transition
Harmonic is transitioning from hardware-led video processing to software-first broadband access (cOS) and cloud-native streaming (VOS 360). With a $1.41B market cap, positive free cash flow and a product roadmap aligned to the DOCSIS 4.0 upgrade cycle, HLIT looks like a buyable long on a confirmed recovery in operator capex. This trade lays out an …