Aviat Networks (AVNW) vs Harmonic (HLIT)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 10, 2026.
Summary
Harmonic (HLIT) has outperformed Aviat Networks (AVNW) over the past year, gaining 6.8% versus a loss of 7.0%. Over five years, HLIT leads with a +18.6% price change compared with -31.8% for AVNW. Harmonic is the larger company by market cap ($1.20 billion vs $267.1 million), about 4.5 times the size.
On valuation, Aviat Networks trades at a lower forward P/E (6.9x vs 13.6x for Harmonic).
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | AVNW | HLIT |
|---|---|---|
| Share price | $20.77 | $10.99 |
| Market cap | $267.07M | $1.20B |
| 1-day change | +1.71% | -0.72% |
| YTD return | -2.85% | +11.12% |
| 1-year return | -6.99% | +6.80% |
| 5-year return | -31.79% | +18.55% |
| P/E ratio (TTM) | 109.32 | 42.27 |
| Forward P/E | 6.95 | 13.61 |
| EPS (TTM) | $0.19 | $0.26 |
| Dividend yield | 0.00% | 0.00% |
| Annual dividend | $0.00 | $0.00 |
| Revenue (latest FY) | — | $360.52M |
| Revenue growth (YoY) | — | -26.15% |
| Net income (latest FY) | — | $-43.31M |
| Gross margin | — | 48.47% |
| Operating margin | — | 3.91% |
| Net margin | — | -12.01% |
| 52-week high | $27.02 | $17.68 |
| 52-week low | $13.92 | $8.47 |
| Distance from 52-week high | -23.13% | -37.84% |
| Analyst consensus | strong_buy | buy |
| Avg. price target upside | +57.68% | +46.86% |
| Average volume | 147.40K | 1.52M |
| Shares outstanding | 12.86M | 109.07M |
| Employees | 898 | 552 |
| Sector | Technology | Technology |
| Industry | Radio And Television Broadcasting And Communications Equipment | Radio And Television Broadcasting And Communications Equipment |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- Harmonic is about 4.5 times larger than Aviat Networks by market value ($1.20B vs $267.07M).
- HLIT has outperformed AVNW by 13.8 percentage points over the past year.
- Aviat Networks trades at a higher earnings multiple (109.3x vs 42.3x trailing P/E).
About Aviat Networks
AVNW stock →Aviat Networks, Inc. provides microwave networking and wireless access networking solutions in North America, Africa, the Middle East, Europe, Latin America, and the Asia Pacific.
Technology · Radio And Television Broadcasting And Communications Equipment · 898 employees
About Harmonic
HLIT stock →Harmonic Inc., together with its subsidiaries, provides broadband access solutions worldwide. The company provides software-based broadband access solution, including cOS software-based broadband access solutions to broadband operators, an end-to-end solution consisting of virtualized cloud-native software; hardware products include Oyster, Ripple and SeaStar DAA nodes; Reef and Wave PHY shelf products; pebble remote PHY Devices; and fin, pearl and pier OLT modules and devices; and cOS software-based broadband access solutions to broadband operators; and cOS central cloud services, a subscription service for cOS customers.
Technology · Radio And Television Broadcasting And Communications Equipment · 552 employees
AVNW vs HLIT FAQ
Which is bigger, Aviat Networks or Harmonic?
Harmonic (HLIT) is larger, with a market capitalization of $1.20B compared with $267.07M for Aviat Networks (AVNW).
Which stock has performed better over the past year, AVNW or HLIT?
HLIT returned +6.80% over the past 12 months, compared with -6.99% for AVNW (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, AVNW or HLIT?
HLIT has the lower trailing P/E at 42.3, versus 109.3 for AVNW. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Are Aviat Networks and Harmonic in the same industry?
Yes. Both are classified in the Radio And Television Broadcasting And Communications Equipment industry within the Technology sector.