Harmonic (HLIT) to Release Quarterly Earnings on Thursday

Harmonic (NASDAQ:HLIT) is expected to be releasing its Q4 2025 results after the market closes on Thursday, February 19th. Analysts expect Harmonic to post earnings of $0.10 per share and revenue of $140.9830 million for the quarter. Parties can check the company’s upcoming Q4 2025 earning summary page for the latest details on the call scheduled for Thursday, February 19, 2026 at 5:00 PM ET.

Harmonic Trading Down 3.2%

Shares of HLIT stock opened at $10.01 on Thursday. The company has a market capitalization of $1.12 billion, a price-to-earnings ratio of 23.83 and a beta of 1.05. The company has a current ratio of 2.08, a quick ratio of 1.64 and a debt-to-equity ratio of 0.27. The firm has a 50-day moving average price of $10.07 and a 200 day moving average price of $9.86. Harmonic has a twelve month low of $7.80 and a twelve month high of $11.49.

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on HLIT. Weiss Ratings restated a “hold (c-)” rating on shares of Harmonic in a research report on Thursday, January 22nd. Rosenblatt Securities reissued a “buy” rating and set a $14.00 price target on shares of Harmonic in a research note on Tuesday, December 9th. Barclays lifted their price objective on Harmonic from $8.00 to $11.00 and gave the company an “equal weight” rating in a research report on Wednesday, November 5th. Finally, Needham & Company LLC reiterated a “buy” rating and set a $15.00 target price on shares of Harmonic in a research report on Tuesday, December 9th. Two equities research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, Harmonic has an average rating of “Hold” and a consensus target price of $13.33.

Insider Activity at Harmonic

In related news, SVP Neven Haltmayer sold 23,835 shares of the company’s stock in a transaction on Monday, December 15th. The shares were sold at an average price of $10.41, for a total value of $248,122.35. Following the sale, the senior vice president directly owned 149,570 shares of the company’s stock, valued at $1,557,023.70. This represents a 13.75% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director David Krall acquired 47,528 shares of the firm’s stock in a transaction on Thursday, December 11th. The shares were bought at an average cost of $10.50 per share, with a total value of $499,044.00. Following the completion of the acquisition, the director owned 223,125 shares in the company, valued at $2,342,812.50. This represents a 27.07% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Insiders own 1.21% of the company’s stock.

Hedge Funds Weigh In On Harmonic

A number of hedge funds have recently added to or reduced their stakes in the business. Arrowstreet Capital Limited Partnership lifted its position in shares of Harmonic by 290.3% in the third quarter. Arrowstreet Capital Limited Partnership now owns 980,484 shares of the communications equipment provider’s stock worth $9,981,000 after buying an additional 729,269 shares during the last quarter. Lazard Asset Management LLC lifted its holdings in Harmonic by 249.1% in the 2nd quarter. Lazard Asset Management LLC now owns 718,996 shares of the communications equipment provider’s stock worth $6,808,000 after purchasing an additional 513,022 shares during the last quarter. Qube Research & Technologies Ltd boosted its position in Harmonic by 37.1% during the second quarter. Qube Research & Technologies Ltd now owns 1,371,746 shares of the communications equipment provider’s stock worth $12,990,000 after purchasing an additional 371,302 shares during the period. AQR Capital Management LLC raised its position in shares of Harmonic by 99.5% in the second quarter. AQR Capital Management LLC now owns 711,638 shares of the communications equipment provider’s stock valued at $6,739,000 after purchasing an additional 354,845 shares during the period. Finally, Ameriprise Financial Inc. lifted its stake in shares of Harmonic by 77.1% in the second quarter. Ameriprise Financial Inc. now owns 576,338 shares of the communications equipment provider’s stock worth $5,458,000 after buying an additional 250,965 shares during the last quarter. 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.