Q1 Earnings Forecast for Harmonic Issued By Northland Capmk

Harmonic Inc. (NASDAQ:HLIT) – Analysts at Northland Capmk issued their Q1 2026 earnings per share estimates for Harmonic in a research report issued to clients and investors on Tuesday, November 4th. Northland Capmk analyst T. Savageaux expects that the communications equipment provider will post earnings per share of $0.03 for the quarter. The consensus estimate for Harmonic’s current full-year earnings is $0.31 per share. Northland Capmk also issued estimates for Harmonic’s Q2 2026 earnings at $0.09 EPS and Q3 2026 earnings at $0.13 EPS.

A number of other equities analysts have also issued reports on HLIT. Rosenblatt Securities restated a “buy” rating and set a $14.00 target price on shares of Harmonic in a research report on Tuesday. Barclays increased their price target on shares of Harmonic from $8.00 to $11.00 and gave the stock an “equal weight” rating in a research note on Wednesday. Needham & Company LLC lifted their price objective on shares of Harmonic from $12.00 to $15.00 and gave the company a “buy” rating in a research note on Tuesday. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Harmonic in a report on Wednesday, October 8th. Finally, Wall Street Zen lowered Harmonic from a “buy” rating to a “hold” rating in a report on Saturday, August 2nd. Three equities research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $13.13.

Harmonic Trading Down 1.7%

HLIT opened at $10.01 on Thursday. The company has a quick ratio of 1.58, a current ratio of 1.99 and a debt-to-equity ratio of 0.27. Harmonic has a 52 week low of $7.80 and a 52 week high of $13.75. The business’s 50 day moving average is $10.21 and its two-hundred day moving average is $9.53. The firm has a market cap of $1.14 billion, a price-to-earnings ratio of 16.97 and a beta of 1.04.

Harmonic (NASDAQ:HLIT) last posted its earnings results on Monday, November 3rd. The communications equipment provider reported $0.12 earnings per share for the quarter, beating the consensus estimate of $0.05 by $0.07. The business had revenue of $142.38 million during the quarter, compared to the consensus estimate of $127.94 million. Harmonic had a return on equity of 17.83% and a net margin of 9.96%.The business’s quarterly revenue was down 27.3% on a year-over-year basis. During the same period in the previous year, the business earned $0.26 EPS. Harmonic has set its Q4 2025 guidance at 0.060-0.120 EPS.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in HLIT. McIlrath & Eck LLC purchased a new stake in Harmonic in the 3rd quarter valued at approximately $57,000. CWM LLC lifted its holdings in shares of Harmonic by 132.6% in the 1st quarter. CWM LLC now owns 7,119 shares of the communications equipment provider’s stock valued at $68,000 after buying an additional 4,058 shares during the period. Drive Wealth Management LLC purchased a new stake in shares of Harmonic in the first quarter valued at approximately $111,000. Cresset Asset Management LLC grew its holdings in Harmonic by 16.5% during the first quarter. Cresset Asset Management LLC now owns 11,721 shares of the communications equipment provider’s stock worth $112,000 after acquiring an additional 1,660 shares during the period. Finally, Significant Wealth Partners LLC acquired a new stake in Harmonic in the second quarter valued at $112,000. 99.38% of the stock is owned by hedge funds and other institutional investors.

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.