Harmonic (HLIT) Expected to Announce Earnings on Monday

Harmonic (NASDAQ:HLIT) is expected to be releasing its Q1 2026 results after the market closes on Monday, May 11th. Analysts expect Harmonic to post earnings of $0.12 per share and revenue of $102.21 million for the quarter. Harmonic has set its FY 2026 guidance at 0.460-0.630 EPS and its Q1 2026 guidance at 0.110-0.120 EPS. Individuals can find conference call details on the company’s upcoming Q1 2026 earning report page for the latest details on the call scheduled for Monday, May 11, 2026 at 5:00 PM ET.

Harmonic (NASDAQ:HLIT) last released its quarterly earnings results on Thursday, February 19th. The communications equipment provider reported $0.06 earnings per share for the quarter, missing analysts’ consensus estimates of $0.10 by ($0.04). The business had revenue of ($53.02) million for the quarter, compared to analysts’ expectations of $140.98 million. Harmonic had a positive return on equity of 5.91% and a negative net margin of 7.59%.The business’s revenue for the quarter was down 42.6% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.45 earnings per share. On average, analysts expect Harmonic to post $0 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Harmonic Trading Up 4.3%

HLIT opened at $12.81 on Friday. The business has a fifty day simple moving average of $9.96 and a 200-day simple moving average of $10.03. Harmonic has a 52 week low of $7.80 and a 52 week high of $12.88. The company has a quick ratio of 2.26, a current ratio of 2.50 and a debt-to-equity ratio of 0.28. The firm has a market cap of $1.39 billion, a P/E ratio of -32.85 and a beta of 1.24.

Analyst Ratings Changes

A number of brokerages recently issued reports on HLIT. Weiss Ratings lowered Harmonic from a “hold (c)” rating to a “sell (d)” rating in a report on Friday, March 6th. Rosenblatt Securities restated a “buy” rating and issued a $16.00 price objective on shares of Harmonic in a research note on Friday, March 27th. Needham & Company LLC raised their price target on Harmonic from $15.00 to $17.00 and gave the stock a “buy” rating in a report on Friday, February 20th. Finally, Northland Securities set a $14.00 price target on Harmonic in a report on Friday, February 20th. Two investment analysts have rated the stock with a Buy rating, one has assigned a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, Harmonic has a consensus rating of “Hold” and an average price target of $14.50.

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 stake in shares of Harmonic during the 3rd quarter valued at $49,000. Royal Bank of Canada grew its holdings in shares of Harmonic by 64.6% in the 4th 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 shares of Harmonic during the fourth quarter worth $90,000. Russell Investments Group Ltd. lifted its holdings in shares of Harmonic by 23,297.5% during 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 last quarter. Finally, Twinbeech Capital LP purchased a new stake in shares of Harmonic during the fourth quarter valued at $107,000. 99.38% of the stock is currently owned by institutional investors.

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.