Harmonic (HLIT) Projected to Release Earnings on Monday

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

Harmonic Stock Performance

Shares of NASDAQ HLIT opened at $12.03 on Monday. Harmonic has a 1 year low of $7.80 and a 1 year high of $17.68. The firm has a market cap of $1.31 billion, a P/E ratio of -32.51 and a beta of 1.29. The stock has a fifty day moving average price of $14.29 and a two-hundred day moving average price of $11.56. The company has a debt-to-equity ratio of 0.31, a quick ratio of 2.03 and a current ratio of 2.27.

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on the company. Northland Securities set a $15.00 price objective on Harmonic in a report on Tuesday, May 12th. Weiss Ratings raised Harmonic from a “sell (d)” rating to a “sell (d+)” rating in a report on Friday. Rosenblatt Securities reiterated a “buy” rating and issued a $20.00 price target on shares of Harmonic in a research report on Monday, June 15th. Jefferies Financial Group reissued a “hold” rating and issued a $15.00 price target on shares of Harmonic in a report on Tuesday, May 12th. Finally, Barclays raised their price objective on shares of Harmonic from $11.00 to $15.00 and gave the company an “equal weight” rating in a research report on Tuesday, May 12th. One analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, two have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, Harmonic currently has an average rating of “Moderate Buy” and a consensus target price of $16.60.

Insider Buying and Selling

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

Institutional Investors Weigh In On Harmonic

Several hedge funds have recently bought and sold shares of HLIT. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in shares of Harmonic by 4.5% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 65,664 shares of the communications equipment provider’s stock worth $630,000 after purchasing an additional 2,853 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its position in shares of Harmonic by 9.7% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 353,538 shares of the communications equipment provider’s stock worth $3,390,000 after buying an additional 31,276 shares during the last quarter. Jane Street Group LLC lifted its position in shares of Harmonic by 978.5% in the first quarter. Jane Street Group LLC now owns 247,480 shares of the communications equipment provider’s stock worth $2,373,000 after buying an additional 224,534 shares during the last quarter. American Century Companies Inc. boosted its stake in shares of Harmonic by 239.3% during the 2nd quarter. American Century Companies Inc. now owns 110,892 shares of the communications equipment provider’s stock worth $1,050,000 after acquiring an additional 78,214 shares in the last quarter. Finally, Norges Bank bought a new stake in shares of Harmonic during the 2nd quarter worth about $1,426,000. 99.38% of the stock is owned by hedge funds and other institutional investors.

Harmonic Company Profile

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.