Veea (NASDAQ:VEEA) and Harmonic (NASDAQ:HLIT) Head-To-Head Contrast

Veea (NASDAQ:VEEA) and Harmonic (NASDAQ:HLIT) are both small-cap technology companies, but which is the superior business? We will contrast the two businesses based on the strength of their risk, dividends, earnings, valuation, institutional ownership, profitability and analyst recommendations.

Insider & Institutional Ownership

25.9% of Veea shares are owned by institutional investors. Comparatively, 99.4% of Harmonic shares are owned by institutional investors. 60.8% of Veea shares are owned by company insiders. Comparatively, 1.7% of Harmonic shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock will outperform the market over the long term.

Earnings & Valuation

This table compares Veea and Harmonic”s top-line revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Veea	$220,000.00	29.31	-$6.66 million	($0.37)	-0.35
Harmonic	$570.80 million	2.49	-$43.31 million	($0.37)	-35.35

Veea has higher earnings, but lower revenue than Harmonic. Harmonic is trading at a lower price-to-earnings ratio than Veea, indicating that it is currently the more affordable of the two stocks.

Analyst Ratings

This is a breakdown of recent recommendations and price targets for Veea and Harmonic, as reported by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Veea	1	0	0	0	1.00
Harmonic	1	3	3	0	2.29

Harmonic has a consensus price target of $17.50, indicating a potential upside of 33.79%. Given Harmonic’s stronger consensus rating and higher probable upside, analysts plainly believe Harmonic is more favorable than Veea.

Profitability

This table compares Veea and Harmonic’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Veea	N/A	N/A	-41.97%
Harmonic	-8.50%	10.68%	5.78%

Risk & Volatility

Veea has a beta of 0.35, suggesting that its stock price is 65% less volatile than the S&P 500. Comparatively, Harmonic has a beta of 1.32, suggesting that its stock price is 32% more volatile than the S&P 500.

Summary

Harmonic beats Veea on 8 of the 13 factors compared between the two stocks.

About Veea

Veea Inc. provides computing, multiaccess multiprotocol communications, edge storage, and cybersecurity solutions. The company offers multiaccess edge computing (MEC) platform that redefines connectivity and computing at the edge by integrating functions of servers, network attached storage (NAS), routers, firewalls, Wi-Fi Access Points, IoT gateways, and 4G and 5G connections; and Veea Edge Platform enables direct connections from the optical fiber, cellular, and satellite networks. It also provides VeeaHub STAX, an edge computing product integrated with wireless access, including Wi-Fi 6; VeeaHub that offers connectivity options for pro indoor smart edge applications; and VeeaHub Outdoor that integrates with wireless connectivity for smart edge applications in outdoor and industrial environments. The company also offers TROLLEE, a smart shopping cart platform; the VeeaHub toolkit; and Veea AdEdge, an advertising platform. Veea Inc. was founded in 2014 and is headquartered in New York, New York.

About Harmonic

Harmonic Inc., together with its subsidiaries, provides broadband solutions worldwide. The company operates through Broadband and Video segments. The Broadband segment sells broadband access solutions and related services, including cOS software-based broadband access solutions to broadband operators; and cOS central cloud services, a subscription service for cOS customers. The Video segment sells video processing, production, and playout solutions and services to cable operators, and satellite and telco Pay-TV service providers, as well as to broadcast and media, including streaming media companies. Its video processing appliance solutions include network management and application software, and hardware products, such as encoders, video servers, high-density stream processing systems, and edge processors. This segment also provides VOS360 SaaS platform that provides both streaming and channel origination and distribution services; and software-as-a-service (SaaS) solutions, which enables the packaging and delivery of streaming services, including live streaming, VOD, catch-up TV, start-over TV, network-DVR and cloud-DVR services through HTTP streaming to various device along with dynamic and personal ad insertion. The company also provides technical support and professional services, such as maintenance and support, consulting, implementation, integration services, program management, technical design and planning, building and site preparation, integration and equipment installation, end-to-end system testing, and training, as well as SaaS-related support and deployment. It sells its products through its direct sales force, as well as through independent resellers and systems integrators. The company was incorporated in 1988 and is headquartered in San Jose, California.