Harmonic (HLIT) Projected to Post Earnings on Monday

by · The Markets Daily

Harmonic (NASDAQ:HLIT – Get Free Report) is anticipated to issue its Q3 2026 results after the market closes on Monday, November 2nd. Analysts expect the company to announce earnings of $0.1690 per share and revenue of $129.47 million for the quarter. Harmonic has set its Q3 2026 guidance at 0.150-0.190 EPS and its FY 2026 guidance at 0.670-0.750 EPS. Individuals may review the information on the company’s upcoming Q3 2026 earnings report page for the latest details on the call scheduled for Monday, November 2, 2026 at 5:00 PM ET.

Harmonic (NASDAQ:HLIT – Get Free Report) last posted its earnings results on Wednesday, August 12th. The communications equipment provider reported $0.24 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.17 by $0.07. Harmonic had a positive return on equity of 10.91% and a negative net margin of 8.50%. The company had revenue of $133.46 million during the quarter, compared to analysts’ expectations of $120.89 million. During the same quarter last year, the firm earned $0.09 earnings per share. The firm’s quarterly revenue was up 53.5% compared to the same quarter last year. On average, analysts expect Harmonic to post $0.53 EPS for the current fiscal year and $0.57 EPS for the next fiscal year.

Harmonic Price Performance

NASDAQ:HLIT opened at $10.23 on Friday. Harmonic has a 52 week low of $8.47 and a 52 week high of $17.68. The company has a quick ratio of 2.56, a current ratio of 3.05 and a debt-to-equity ratio of 0.30. The company has a market capitalization of $1.12 billion, a P/E ratio of -24.36 and a beta of 1.34. The stock’s fifty day moving average is $11.17 and its two-hundred day moving average is $11.57.

Analysts Set New Price Targets

HLIT has been the subject of a number of recent analyst reports. Barclays raised their price objective on Harmonic from $15.00 to $16.00 and gave the stock an “equal weight” rating in a research report on Thursday, August 13th. Northland Securities set a $17.00 price objective on shares of Harmonic in a report on Thursday, August 13th. Zacks Research cut shares of Harmonic from a “strong-buy” rating to a “hold” rating in a research report on Friday, July 24th. Weiss Ratings raised shares of Harmonic from a “sell (d)” rating to a “sell (d+)” rating in a research note on Thursday, October 8th. Finally, Raymond James Financial reaffirmed an “outperform” rating and set a $19.00 target price on shares of Harmonic in a research note on Thursday, August 13th. Three investment analysts have rated the stock with a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, Harmonic currently has a consensus rating of “Hold” and an average price target of $17.50.

Read Our Latest Stock Report on Harmonic

About Harmonic

(Get Free Report)

Harmonic Inc (NASDAQ: HLIT) develops broadband access and video-delivery technologies for communications service providers, content providers and broadcasters. Its solutions help operators deliver high-speed internet, television and streaming services across cable, fiber and other network infrastructures.

The company’s broadband portfolio includes its CableOS platform, a software-based solution designed to support virtualized broadband access networks, along with technologies for DOCSIS, fiber and hybrid fiber-coaxial networks.

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