Harmonic (HLIT) Expected to Post Earnings on Monday

Harmonic (NASDAQ:HLIT) is projected to issue 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 may review the information on 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 Trading Down 3.5%

Shares of HLIT stock opened at $11.19 on Friday. Harmonic has a fifty-two week low of $7.80 and a fifty-two week high of $17.68. The company has a debt-to-equity ratio of 0.31, a quick ratio of 2.03 and a current ratio of 2.27. The stock’s fifty day moving average is $14.17 and its two-hundred day moving average is $11.61. The firm has a market capitalization of $1.21 billion, a P/E ratio of -30.24 and a beta of 1.29.

Insider Activity

In other Harmonic news, SVP Neven Haltmayer sold 31,766 shares of Harmonic stock in a transaction dated Wednesday, May 13th. The shares were sold at an average price of $13.24, for a total transaction of $420,581.84. Following the transaction, the senior vice president directly owned 133,924 shares of the company’s stock, valued at $1,773,153.76. The trade was a 19.17% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Stephanie Copeland sold 4,300 shares of Harmonic stock in a transaction dated Thursday, May 14th. The stock was sold at an average price of $13.30, for a total transaction of $57,190.00. Following the transaction, the director directly owned 20,752 shares in the company, valued at $276,001.60. This trade represents a 17.16% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders own 1.74% of the company’s stock.

Institutional Trading of Harmonic

A number of hedge funds and other institutional investors have recently made changes to their positions in HLIT. iSAM Funds UK Ltd acquired a new position in Harmonic in the third quarter valued at approximately $49,000. Royal Bank of Canada increased its stake in Harmonic by 64.6% during the fourth quarter. Royal Bank of Canada now owns 7,645 shares of the communications equipment provider’s stock worth $75,000 after acquiring an additional 3,000 shares during the last quarter. Kemnay Advisory Services Inc. acquired a new stake in Harmonic during the fourth quarter worth $90,000. Russell Investments Group Ltd. raised its position in Harmonic by 23,297.5% in the third quarter. Russell Investments Group Ltd. now owns 9,359 shares of the communications equipment provider’s stock valued at $95,000 after purchasing an additional 9,319 shares during the period. Finally, Twinbeech Capital LP purchased a new stake in Harmonic in the fourth quarter valued at $107,000. Institutional investors and hedge funds own 99.38% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have recently commented on the stock. Needham & Company LLC increased their target price 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. Zacks Research upgraded shares of Harmonic from a “hold” rating to a “strong-buy” rating in a research report on Thursday, June 25th. Wall Street Zen upgraded shares of Harmonic from a “buy” rating to a “strong-buy” rating in a report on Saturday, June 6th. Northland Securities set a $15.00 target price on shares of Harmonic in a research note on Tuesday, May 12th. Finally, Barclays upped their price target on Harmonic from $11.00 to $15.00 and gave the company an “equal weight” rating in a research report on Tuesday, May 12th. One research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, Harmonic currently has an average rating of “Moderate Buy” and a consensus target price of $16.60.

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.