Harmonic (HLIT) Expected to Post Earnings on Wednesday

Harmonic (NASDAQ:HLIT) is expected to post its Q2 2026 results after the market closes on Wednesday, August 12th. Analysts expect the company to announce earnings of $0.1683 per share and revenue of $120.8890 million for the quarter. Individuals are encouraged to explore the company’s upcoming Q2 2026 earning results page 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 traded down $0.13 during mid-day trading on Wednesday, hitting $12.24. 53,732 shares of the company were exchanged, compared to its average volume of 1,913,150. The stock has a 50 day simple moving average of $13.83 and a 200-day simple moving average of $11.70. Harmonic has a 1-year low of $8.47 and a 1-year high of $17.68. The company has a quick ratio of 2.03, a current ratio of 2.27 and a debt-to-equity ratio of 0.31. The firm has a market cap of $1.33 billion, a price-to-earnings ratio of -33.08 and a beta of 1.32.

Insiders Place Their Bets

In other Harmonic news, SVP Neven Haltmayer sold 31,766 shares of the company’s stock in a transaction on Wednesday, May 13th. The stock was sold at an average price of $13.24, for a total value of $420,581.84. Following the sale, the senior vice president owned 133,924 shares of the company’s stock, valued at approximately $1,773,153.76. This represents a 19.17% decrease in their ownership of the stock. The transaction 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 the firm’s stock in a transaction on Thursday, May 14th. The shares were sold at an average price of $13.30, for a total value of $57,190.00. Following the completion of the transaction, the director owned 20,752 shares of the company’s stock, valued at approximately $276,001.60. This represents a 17.16% decrease in their position. The SEC filing for this sale provides additional information. 1.74% of the stock is currently owned by insiders.

Institutional Trading of Harmonic

Several institutional investors and hedge funds have recently modified their holdings of HLIT. Inspire Investing LLC increased its stake in shares of Harmonic by 5.4% during the 4th quarter. Inspire Investing LLC now owns 47,233 shares of the communications equipment provider’s stock worth $467,000 after purchasing an additional 2,428 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in Harmonic by 4.5% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 65,664 shares of the communications equipment provider’s stock valued at $630,000 after buying an additional 2,853 shares in the last quarter. Royal Bank of Canada lifted its stake in Harmonic by 64.6% in the 4th quarter. Royal Bank of Canada now owns 7,645 shares of the communications equipment provider’s stock valued at $75,000 after buying an additional 3,000 shares in the last quarter. Price T Rowe Associates Inc. MD grew its holdings in Harmonic by 3.4% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 108,216 shares of the communications equipment provider’s stock valued at $1,071,000 after buying an additional 3,508 shares during the last quarter. Finally, Sei Investments Co. increased its position in Harmonic by 6.4% during the third quarter. Sei Investments Co. now owns 72,220 shares of the communications equipment provider’s stock worth $735,000 after buying an additional 4,332 shares in the last quarter. Hedge funds and other institutional investors own 99.38% of the company’s stock.

Wall Street Analysts Forecast Growth

HLIT has been the subject of a number of analyst reports. Wall Street Zen downgraded shares of Harmonic from a “strong-buy” rating to a “buy” rating in a research report on Saturday. Weiss Ratings upgraded shares of Harmonic from a “sell (d)” rating to a “sell (d+)” rating in a research note on Friday, July 17th. Rosenblatt Securities restated a “buy” rating and issued a $20.00 price objective on shares of Harmonic in a research report on Monday, June 15th. Jefferies Financial Group reaffirmed a “hold” rating and issued a $15.00 price objective on shares of Harmonic in a report on Tuesday, May 12th. Finally, Northland Securities set a $15.00 target price on 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.com, the stock has a consensus rating of “Hold” and a consensus price target 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.