Harmonic (HLIT) Projected to Release Earnings on Wednesday

Harmonic (NASDAQ:HLIT) is anticipated to issue its Q2 2026 results after the market closes on Wednesday, August 12th. Analysts expect the company to post earnings of $0.1683 per share and revenue of $120.8890 million for the quarter. Investors can check the company’s upcoming Q2 2026 earning report for the latest details on the call scheduled for Wednesday, August 12, 2026 at 5:00 PM ET.

Harmonic Stock Performance

Shares of NASDAQ:HLIT opened at $11.84 on Monday. The firm has a fifty day moving average of $13.56 and a two-hundred day moving average of $11.73. The company has a quick ratio of 2.03, a current ratio of 2.27 and a debt-to-equity ratio of 0.31. Harmonic has a 12-month low of $8.47 and a 12-month high of $17.68. The firm has a market capitalization of $1.28 billion, a P/E ratio of -32.00 and a beta of 1.32.

Analysts Set New Price Targets

A number of brokerages have commented on HLIT. Rosenblatt Securities restated a “buy” rating and issued a $20.00 target price on shares of Harmonic in a research note on Monday, June 15th. Needham & Company LLC raised their price target on Harmonic from $17.00 to $18.00 and gave the stock a “buy” rating in a research note on Tuesday, May 12th. Weiss Ratings upgraded Harmonic from a “sell (d)” rating to a “sell (d+)” rating in a report on Friday, July 17th. Wall Street Zen cut Harmonic from a “strong-buy” rating to a “buy” rating in a research note on Saturday, August 1st. Finally, Northland Securities set a $15.00 price objective on shares of Harmonic in a research report on Tuesday, May 12th. Two 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 stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $16.60.

Insider Transactions at Harmonic

In other Harmonic news, SVP Neven Haltmayer sold 31,766 shares of the stock in a transaction that occurred 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 transaction, the senior vice president owned 133,924 shares in the company, 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 document filed with the SEC, which is available at the SEC website. Also, Director Stephanie Copeland sold 4,300 shares of Harmonic stock in a transaction that occurred on Thursday, May 14th. The shares were sold at an average price of $13.30, for a total transaction of $57,190.00. Following the completion of the transaction, the director directly owned 20,752 shares in the company, valued at approximately $276,001.60. This represents a 17.16% decrease in their position. The disclosure for this sale is available in the SEC filing. 1.74% of the stock is owned by insiders.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the company. Hsbc Holdings PLC increased its position in Harmonic by 33.4% in the 4th quarter. Hsbc Holdings PLC now owns 30,266 shares of the communications equipment provider’s stock worth $299,000 after buying an additional 7,583 shares during the period. Invesco Ltd. boosted its position in shares of Harmonic by 4.3% in the fourth quarter. Invesco Ltd. now owns 537,329 shares of the communications equipment provider’s stock valued at $5,314,000 after acquiring an additional 22,253 shares during the period. Mercer Global Advisors Inc. ADV acquired a new stake in shares of Harmonic in the fourth quarter worth $117,000. Summit Global Investments increased its position in Harmonic by 67.6% during the fourth quarter. Summit Global Investments now owns 86,740 shares of the communications equipment provider’s stock worth $858,000 after acquiring an additional 34,980 shares during the period. Finally, State of Tennessee Department of Treasury increased its position in Harmonic by 43.9% during the fourth quarter. State of Tennessee Department of Treasury now owns 97,909 shares of the communications equipment provider’s stock worth $952,000 after acquiring an additional 29,853 shares during the period. 99.38% of the stock is currently owned by institutional investors and hedge funds.

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.