Harmonic (HLIT) Projected to Announce Quarterly Earnings on Monday

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

Harmonic Stock Performance

NASDAQ:HLIT opened at $12.03 on Monday. Harmonic has a 12-month low of $7.80 and a 12-month high of $17.68. The firm has a market capitalization of $1.31 billion, a P/E ratio of -32.51 and a beta of 1.29. The company has a debt-to-equity ratio of 0.31, a current ratio of 2.27 and a quick ratio of 2.03. The business has a 50 day simple moving average of $14.29 and a 200 day simple moving average of $11.56.

Wall Street Analysts Forecast Growth

A number of research firms have issued reports on HLIT. Barclays raised their target price on Harmonic from $11.00 to $15.00 and gave the company an “equal weight” rating in a research note on Tuesday, May 12th. Wall Street Zen upgraded shares of Harmonic from a “buy” rating to a “strong-buy” rating in a research report on Saturday, June 6th. Weiss Ratings raised shares of Harmonic from a “sell (d)” rating to a “sell (d+)” rating in a report on Friday. Northland Securities set a $15.00 price objective on shares of Harmonic in a report on Tuesday, May 12th. Finally, Needham & Company LLC lifted their price objective on shares of Harmonic from $17.00 to $18.00 and gave the company a “buy” rating in a research report on Tuesday, May 12th. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $16.60.

Insider Activity at Harmonic

In other Harmonic news, SVP Neven Haltmayer sold 31,766 shares of the business’s stock in a transaction 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 transaction, the senior vice president owned 133,924 shares in the company, valued at approximately $1,773,153.76. The trade was a 19.17% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Stephanie Copeland sold 4,300 shares of the stock in a transaction on Thursday, May 14th. The stock was sold at an average price of $13.30, for a total value of $57,190.00. Following the completion of the transaction, the director directly owned 20,752 shares of the company’s stock, valued at approximately $276,001.60. The trade was a 17.16% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 1.74% of the stock is owned by company insiders.

Institutional Investors Weigh In On Harmonic

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. State Street Corp lifted its holdings in Harmonic by 1.8% in the fourth quarter. State Street Corp now owns 4,471,187 shares of the communications equipment provider’s stock worth $44,220,000 after purchasing an additional 80,791 shares during the period. Dimensional Fund Advisors LP increased its stake in Harmonic by 0.7% during the 4th quarter. Dimensional Fund Advisors LP now owns 3,485,105 shares of the communications equipment provider’s stock valued at $34,468,000 after buying an additional 24,062 shares during the period. Alliancebernstein L.P. raised its position in shares of Harmonic by 2.9% during the 3rd quarter. Alliancebernstein L.P. now owns 2,406,945 shares of the communications equipment provider’s stock worth $24,503,000 after buying an additional 68,921 shares in the last quarter. Marshall Wace LLP raised its position in shares of Harmonic by 10.8% during the 3rd quarter. Marshall Wace LLP now owns 2,132,625 shares of the communications equipment provider’s stock worth $21,710,000 after buying an additional 207,476 shares in the last quarter. Finally, Alyeska Investment Group L.P. lifted its stake in shares of Harmonic by 9.5% in the 3rd quarter. Alyeska Investment Group L.P. now owns 2,013,804 shares of the communications equipment provider’s stock worth $20,501,000 after acquiring an additional 174,203 shares during the period. 99.38% of the stock is currently owned by 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.