Harmonic (HLIT) Set to Announce Earnings on Monday

Key Points

• Harmonic is scheduled to report Q3 2026 results after the market closes on Monday, November 2. Analysts expect earnings of $0.169 per share on revenue of $129.47 million, within the company’s guidance of $0.150–$0.190 EPS.
• In the prior quarter, Harmonic beat expectations with $0.24 EPS versus $0.17 expected and revenue of $133.46 million, up 53.5% year over year.
• HLIT shares opened at $10.05, well below the average analyst price target of $17.50. Analyst sentiment is mixed, with an overall “Hold” rating from three Buy, three Hold, and one Sell recommendation.

Harmonic (NASDAQ:HLIT - Get Free Report) is expected to be releasing 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. Investors can find conference call details 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 - Get Free Report) last announced its quarterly earnings data on Wednesday, August 12th. The communications equipment provider reported $0.24 EPS for the quarter, topping analysts' consensus estimates of $0.17 by $0.07. The company had revenue of $133.46 million during the quarter, compared to the consensus estimate of $120.89 million. Harmonic had a positive return on equity of 10.91% and a negative net margin of 8.50%. The company's quarterly revenue was up 53.5% on a year-over-year basis. During the same quarter last year, the company earned $0.09 EPS. 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 $10.05 on Monday. 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 50-day moving average price of $11.37 and a two-hundred day moving average price of $12.35. Harmonic has a 12 month low of $8.47 and a 12 month high of $17.68. The stock has a market cap of $1.10 billion, a price-to-earnings ratio of -23.93 and a beta of 1.34.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on HLIT shares. Northland Securities set a $17.00 price objective on Harmonic in a research note on Thursday, August 13th. Barclays lifted their price objective on Harmonic from $15.00 to $16.00 and gave the stock an "equal weight" rating in a report on Thursday, August 13th. Zacks Research downgraded shares of Harmonic from a "strong-buy" rating to a "hold" rating in a report on Friday, July 24th. Wall Street Zen lowered shares of Harmonic from a "strong-buy" rating to a "buy" rating in a research report on Saturday, August 1st. Finally, Needham & Company LLC reissued a "buy" rating on shares of Harmonic in a research report on Thursday, August 13th. Three investment analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company's stock. According to MarketBeat.com, Harmonic presently has an average rating of "Hold" and an average price target of $17.50.

Harmonic Company Profile

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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