Harmonic (HLIT) to Release Earnings on Monday

Harmonic (NASDAQ:HLIT) is expected to be announcing its Q3 2025 results after the market closes on Monday, November 3rd. Analysts expect the company to announce earnings of $0.05 per share and revenue of $127.9350 million for the quarter. Investors are encouraged to explore the company’s upcoming Q3 2025 earningoverview page for the latest details on the call scheduled for Monday, November 3, 2025 at 5:00 PM ET.

Harmonic (NASDAQ:HLIT) last issued its quarterly earnings data on Monday, July 28th. The communications equipment provider reported $0.09 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.03 by $0.06. The business had revenue of $138.03 million for the quarter, compared to analysts’ expectations of $134.90 million. Harmonic had a return on equity of 17.83% and a net margin of 9.96%.The company’s revenue for the quarter was down .5% on a year-over-year basis. During the same period in the prior year, the firm earned $0.08 EPS. On average, analysts expect Harmonic to post $0 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Harmonic Stock Up 0.5%

Shares of HLIT opened at $10.45 on Monday. The stock has a market capitalization of $1.19 billion, a price-to-earnings ratio of 17.71 and a beta of 1.01. Harmonic has a 1 year low of $7.80 and a 1 year high of $15.46. The business’s 50 day simple moving average is $9.97 and its 200-day simple moving average is $9.43. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.99 and a quick ratio of 1.58.

Wall Street Analyst Weigh In

A number of research firms have recently weighed in on HLIT. Wall Street Zen downgraded shares of Harmonic from a “buy” rating to a “hold” rating in a report on Saturday, August 2nd. Wolfe Research assumed coverage on shares of Harmonic in a report on Tuesday, July 8th. They issued an “underperform” rating on the stock. Barclays dropped their target price on Harmonic from $10.00 to $8.00 and set an “equal weight” rating for the company in a report on Tuesday, July 29th. Weiss Ratings reiterated a “hold (c-)” rating on shares of Harmonic in a report on Saturday. Finally, Needham & Company LLC dropped their target price on Harmonic from $14.00 to $12.00 and set a “buy” rating for the company in a report on Tuesday, July 29th. Four research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $12.17.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the stock. Qube Research & Technologies Ltd grew its holdings in shares of Harmonic by 37.1% in 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 last quarter. Lazard Asset Management LLC boosted its holdings in shares of Harmonic by 249.1% in the second quarter. Lazard Asset Management LLC now owns 718,996 shares of the communications equipment provider’s stock valued at $6,808,000 after purchasing an additional 513,022 shares during the period. AQR Capital Management LLC boosted its holdings 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. Ameriprise Financial Inc. boosted its holdings 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 valued at $5,458,000 after purchasing an additional 250,965 shares during the period. Finally, Squarepoint Ops LLC boosted its holdings in shares of Harmonic by 9.9% in the second quarter. Squarepoint Ops LLC now owns 436,527 shares of the communications equipment provider’s stock valued at $4,134,000 after purchasing an additional 39,416 shares during the period. 99.38% of the stock is currently owned by institutional investors.

Harmonic Company Profile

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.