Harmonic (NASDAQ:HLIT) Issues Q4 2025 Earnings Guidance

Harmonic (NASDAQ:HLIT) updated its fourth quarter 2025 earnings guidance on Monday. The company provided EPS guidance of 0.060-0.120 for the period, compared to the consensus EPS estimate of 0.080. The company issued revenue guidance of $133.0 million-$147.0 million, compared to the consensus revenue estimate of $150.7 million.

Analyst Upgrades and Downgrades

Several analysts recently weighed in on the stock. Weiss Ratings reiterated a “hold (c-)” rating on shares of Harmonic in a report on Wednesday, October 8th. Barclays cut their price target on shares of Harmonic from $10.00 to $8.00 and set an “equal weight” rating on the stock in a report on Tuesday, July 29th. Wall Street Zen cut shares of Harmonic from a “buy” rating to a “hold” rating in a report on Saturday, August 2nd. Rosenblatt Securities lifted their price target on shares of Harmonic from $11.00 to $14.00 and gave the company a “buy” rating in a report on Wednesday, October 1st. Finally, Needham & Company LLC dropped their target price on shares of Harmonic from $14.00 to $12.00 and set a “buy” rating on the stock in a report on Tuesday, July 29th. Three investment analysts have rated the stock with a Buy rating, three have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, Harmonic presently has an average rating of “Hold” and an average price target of $11.63.

Harmonic Stock Down 0.3%

Harmonic stock traded down $0.03 during mid-day trading on Monday, reaching $10.67. The stock had a trading volume of 1,139,005 shares, compared to its average volume of 1,090,040. The company has a market capitalization of $1.21 billion, a price-to-earnings ratio of 18.09 and a beta of 1.01. The company has a 50-day moving average price of $10.12 and a two-hundred day moving average price of $9.49. Harmonic has a one year low of $7.80 and a one year high of $13.75. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.99 and a quick ratio of 1.58.

Hedge Funds Weigh In On Harmonic

Hedge funds have recently bought and sold shares of the business. Lazard Asset Management LLC increased its holdings in Harmonic by 249.1% in the 2nd quarter. Lazard Asset Management LLC now owns 718,996 shares of the communications equipment provider’s stock worth $6,808,000 after acquiring an additional 513,022 shares in the last quarter. Qube Research & Technologies Ltd increased its holdings in Harmonic by 37.1% in the 2nd quarter. Qube Research & Technologies Ltd now owns 1,371,746 shares of the communications equipment provider’s stock worth $12,990,000 after acquiring an additional 371,302 shares in the last quarter. AQR Capital Management LLC increased its holdings in Harmonic by 99.5% in the 2nd quarter. AQR Capital Management LLC now owns 711,638 shares of the communications equipment provider’s stock worth $6,739,000 after acquiring an additional 354,845 shares in the last quarter. Ameriprise Financial Inc. increased its holdings in Harmonic by 77.1% in the 2nd quarter. Ameriprise Financial Inc. now owns 576,338 shares of the communications equipment provider’s stock worth $5,458,000 after acquiring an additional 250,965 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership increased its holdings in Harmonic by 1,930.2% in the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 251,215 shares of the communications equipment provider’s stock worth $2,379,000 after acquiring an additional 238,841 shares in the last quarter. Hedge funds and other institutional investors own 99.38% of the company’s stock.

About Harmonic

Harmonic Inc, together with its subsidiaries, provides broadband solutions worldwide. The company operates through Broadband and Video segments. The Broadband segment sells broadband access solutions and related services, including cOS software-based broadband access solutions to broadband operators; and cOS central cloud services, a subscription service for cOS customers.