Harmonic (HLIT) Expected to Release Quarterly Earnings on Monday

Posted by Brian Himes on Jul 26th, 2026

Harmonic (NASDAQ:HLIT – Get Free Report) is anticipated to release its Q2 2026 results after the market closes on Monday, July 27th. Analysts expect the company to announce earnings of $0.1683 per share and revenue of $120.8890 million for the quarter. Investors may visit the the company’s upcoming Q2 2026 earning report page for the latest details on the call scheduled for Monday, July 27, 2026 at 5:00 PM ET.

Harmonic Trading Down 3.5%

NASDAQ:HLIT opened at $11.19 on Friday. The firm has a market cap of $1.21 billion, a PE ratio of -30.24 and a beta of 1.29. The stock has a fifty day moving average price of $14.17 and a 200 day moving average price of $11.61. Harmonic has a 12-month low of $7.80 and a 12-month high of $17.68. The company has a current ratio of 2.27, a quick ratio of 2.03 and a debt-to-equity ratio of 0.31.

Insider Transactions at Harmonic

In other Harmonic news, SVP Neven Haltmayer sold 31,766 shares of Harmonic stock in a transaction dated Wednesday, May 13th. The stock was sold at an average price of $13.24, for a total transaction of $420,581.84. Following the completion of the sale, the senior vice president directly owned 133,924 shares of the company’s stock, valued at $1,773,153.76. The trade was a 19.17% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director Stephanie Copeland sold 4,300 shares of the company’s stock in a transaction dated Thursday, May 14th. The stock was sold at an average price of $13.30, for a total value of $57,190.00. Following the transaction, the director directly owned 20,752 shares of the company’s stock, valued at approximately $276,001.60. This represents a 17.16% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 1.74% of the stock is owned by insiders.

Hedge Funds Weigh In On Harmonic

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Hsbc Holdings PLC increased its stake in Harmonic by 33.4% in the fourth quarter. Hsbc Holdings PLC now owns 30,266 shares of the communications equipment provider’s stock valued at $299,000 after purchasing an additional 7,583 shares during the last quarter. Invesco Ltd. boosted its holdings in shares of Harmonic by 4.3% in the 4th quarter. Invesco Ltd. now owns 537,329 shares of the communications equipment provider’s stock valued at $5,314,000 after buying an additional 22,253 shares in the last quarter. Mercer Global Advisors Inc. ADV acquired a new position in shares of Harmonic in the 4th quarter valued at $117,000. Summit Global Investments boosted its holdings in shares of Harmonic by 67.6% in the 4th quarter. Summit Global Investments now owns 86,740 shares of the communications equipment provider’s stock valued at $858,000 after buying an additional 34,980 shares in the last quarter. Finally, State of Tennessee Department of Treasury grew its position in shares of Harmonic by 43.9% in the 4th quarter. State of Tennessee Department of Treasury now owns 97,909 shares of the communications equipment provider’s stock valued at $952,000 after buying an additional 29,853 shares during the last quarter. 99.38% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several equities research analysts have weighed in on the company. Jefferies Financial Group restated a “hold” rating and set a $15.00 price target on shares of Harmonic in a report on Tuesday, May 12th. Barclays lifted their price objective on Harmonic from $11.00 to $15.00 and gave the company an “equal weight” rating in a research note on Tuesday, May 12th. Northland Securities set a $15.00 price objective on Harmonic in a research report on Tuesday, May 12th. Wall Street Zen upgraded shares of Harmonic from a “buy” rating to a “strong-buy” rating in a research note on Saturday, June 6th. Finally, Rosenblatt Securities reaffirmed a “buy” rating and issued a $20.00 target price on shares of Harmonic in a report on Monday, June 15th. One research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, two have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $16.60.

Read Our Latest Research Report on Harmonic

Harmonic Company Profile

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Harmonic Inc (NASDAQ:HLIT) is a leading provider of video delivery infrastructure that enables service providers, broadcasters and content owners to capture, process and distribute high‐quality video across broadcast, cable, satellite and IP networks. The company’s portfolio spans real‐time video compression solutions, including encoders and transcoders, as well as storage and server products designed for live production, playout and streaming on any device.

Harmonic’s product lines include cable edge QAM modules and set‐top video processing platforms for traditional pay‐TV operators, alongside cloud‐native software for over‐the‐top (OTT) delivery, origin servers and content delivery network (CDN) services.