Harmonic (HLIT) Expected to Announce Quarterly Earnings on Thursday

Harmonic (NASDAQ:HLIT) is anticipated to issue 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. Investors may review the information on the company’s upcoming Q4 2025 earning report for the latest details on the call scheduled for Thursday, February 19, 2026 at 5:00 PM ET.

Harmonic Stock Down 3.2%

Shares of NASDAQ HLIT opened at $10.01 on Thursday. Harmonic has a 12 month low of $7.80 and a 12 month high of $11.49. The firm 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 business has a 50-day moving average of $10.07 and a 200-day moving average of $9.86.

Insiders Place Their Bets

In related news, Director David Krall purchased 47,528 shares of Harmonic stock in a transaction dated Thursday, December 11th. The stock was purchased at an average cost of $10.50 per share, with a total value of $499,044.00. Following the transaction, the director owned 223,125 shares in the company, valued at approximately $2,342,812.50. The trade was a 27.07% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, SVP Neven Haltmayer sold 23,835 shares of the firm’s stock in a transaction dated Monday, December 15th. The stock was sold at an average price of $10.41, for a total value of $248,122.35. Following the completion of the transaction, the senior vice president owned 149,570 shares of the company’s stock, valued at approximately $1,557,023.70. The trade was a 13.75% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 1.21% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the company. iSAM Funds UK Ltd purchased a new position in shares of Harmonic during the third quarter worth about $49,000. Russell Investments Group Ltd. raised its stake in shares of Harmonic by 23,297.5% during the third quarter. Russell Investments Group Ltd. now owns 9,359 shares of the communications equipment provider’s stock worth $95,000 after purchasing an additional 9,319 shares during the last quarter. CIBC Asset Management Inc purchased a new position in Harmonic in the 4th quarter valued at $108,000. Los Angeles Capital Management LLC purchased a new position in Harmonic in the 4th quarter valued at $110,000. Finally, Franklin Resources Inc. acquired a new position in Harmonic in the 3rd quarter valued at $115,000. 99.38% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

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

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.