Harmonic (HLIT) Expected to Announce Earnings on Wednesday

Harmonic (NASDAQ:HLIT) will likely be issuing its Q2 2026 results after the market closes on Wednesday, August 12th. Analysts expect Harmonic to post earnings of $0.1683 per share and revenue of $120.8890 million for the quarter. Interested persons may review the information on the company’s upcoming Q2 2026 earning results page for the latest details on the call scheduled for Wednesday, August 12, 2026 at 5:00 PM ET.

Harmonic Price Performance

Harmonic stock opened at $11.60 on Tuesday. The company’s fifty day moving average price is $13.47 and its 200 day moving average price is $11.74. Harmonic has a 1 year low of $8.47 and a 1 year high of $17.68. The stock has a market capitalization of $1.26 billion, a P/E ratio of -31.35 and a beta of 1.32. The company has a debt-to-equity ratio of 0.31, a quick ratio of 2.03 and a current ratio of 2.27.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on the company. Needham & Company LLC raised their target price on Harmonic from $17.00 to $18.00 and gave the company a “buy” rating in a research report on Tuesday, May 12th. Northland Securities set a $15.00 price objective on Harmonic in a report on Tuesday, May 12th. Zacks Research cut shares of Harmonic from a “strong-buy” rating to a “hold” rating in a research report on Friday, July 24th. Wall Street Zen lowered Harmonic from a “strong-buy” rating to a “buy” rating in a research report on Saturday, August 1st. Finally, Weiss Ratings upgraded shares of Harmonic from a “sell (d)” rating to a “sell (d+)” rating in a report on Friday, July 17th. Two analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, Harmonic presently has a consensus rating of “Hold” and a consensus price target of $16.60.

Insider Activity

In other news, SVP Neven Haltmayer sold 31,766 shares of the company’s stock in a transaction that occurred on 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 owned 133,924 shares in the company, valued at $1,773,153.76. This represents a 19.17% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Stephanie Copeland sold 4,300 shares of the firm’s stock in a transaction on Thursday, May 14th. The stock was sold at an average price of $13.30, for a total transaction of $57,190.00. Following the completion of the sale, the director owned 20,752 shares of the company’s stock, valued at $276,001.60. This trade represents a 17.16% decrease in their position. The disclosure for this sale is available in the SEC filing. 1.74% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Harmonic

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. iSAM Funds UK Ltd purchased a new stake in shares of Harmonic in the third quarter valued at approximately $49,000. Royal Bank of Canada lifted its stake in Harmonic by 64.6% in the 4th quarter. Royal Bank of Canada now owns 7,645 shares of the communications equipment provider’s stock valued at $75,000 after buying an additional 3,000 shares in the last quarter. Kemnay Advisory Services Inc. purchased a new stake in Harmonic during the 4th quarter worth about $90,000. Russell Investments Group Ltd. boosted its stake in Harmonic by 23,297.5% in the 3rd quarter. Russell Investments Group Ltd. now owns 9,359 shares of the communications equipment provider’s stock worth $95,000 after buying an additional 9,319 shares during the last quarter. Finally, Twinbeech Capital LP purchased a new position in shares of Harmonic during the 4th quarter worth about $107,000. Institutional investors and hedge funds own 99.38% of the company’s stock.

About Harmonic

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.