Harmonic (HLIT) Projected to Announce Quarterly Earnings on Monday

Harmonic (NASDAQ:HLIT) is anticipated to issue its Q3 2026 results after the market closes on Monday, November 2nd. Analysts expect the company to post 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. Investors may review the information on the company’s upcoming Q3 2026 earnings summary page for the latest details on the call scheduled for Monday, November 2, 2026 at 5:00 PM ET.

Harmonic (NASDAQ:HLIT) last posted its earnings results on Wednesday, August 12th. The communications equipment provider reported $0.24 EPS for the quarter, beating analysts’ consensus estimates of $0.17 by $0.07. The company had revenue of $133.46 million during the quarter, compared to analysts’ expectations of $120.89 million. Harmonic had a negative net margin of 8.50% and a positive return on equity of 10.91%. Harmonic’s revenue for the quarter was up 53.5% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.09 earnings per share. 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

Shares of HLIT opened at $10.23 on Friday. The company has a 50 day moving average of $11.17 and a two-hundred day moving average of $11.57. The company has a quick ratio of 2.56, a current ratio of 3.05 and a debt-to-equity ratio of 0.30. Harmonic has a twelve month low of $8.47 and a twelve month high of $17.68. The company has a market cap of $1.12 billion, a price-to-earnings ratio of 28.42 and a beta of 1.34.

Analysts Set New Price Targets

A number of research firms have recently weighed in on HLIT. Wall Street Zen cut Harmonic from a “strong-buy” rating to a “buy” rating in a research report on Saturday, August 1st. Northland Securities set a $17.00 target price on Harmonic in a research note on Thursday, August 13th. Needham & Company LLC reaffirmed a “buy” rating on shares of Harmonic in a research report on Thursday, August 13th. Weiss Ratings upgraded Harmonic from a “sell (d)” rating to a “sell (d+)” rating in a research note on Thursday, October 8th. Finally, Zacks Research cut Harmonic from a “strong-buy” rating to a “hold” rating in a research note on Friday, July 24th. Three equities research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $17.50.

About Harmonic

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.