Harley-Davidson Q3 EPS Forecast Lifted by Zacks Research

Key Points

• Zacks Research has raised its Q3 2025 earnings per share estimate for Harley-Davidson from $0.89 to $1.25, indicating positive adjustments in expectations for the company's financial performance.
• Despite a recent earnings report showing a miss against estimates, Harley-Davidson's revenue for the quarter was $1.31 billion, exceeding the consensus estimate of $1.09 billion.
• Harley-Davidson's stock currently holds a consensus rating of "Hold" from analysts, with various target price adjustments ranging from $24 to $28 following recent evaluations.

Harley-Davidson, Inc. (NYSE:HOG - Free Report) - Equities researchers at Zacks Research upped their Q3 2025 earnings estimates for Harley-Davidson in a note issued to investors on Wednesday, August 13th. Zacks Research analyst Team now anticipates that the company will post earnings of $1.25 per share for the quarter, up from their previous forecast of $0.89. The consensus estimate for Harley-Davidson's current full-year earnings is $3.44 per share. Zacks Research also issued estimates for Harley-Davidson's Q4 2025 earnings at ($0.06) EPS, FY2025 earnings at $3.14 EPS, Q4 2026 earnings at $0.32 EPS, Q1 2027 earnings at $1.58 EPS and Q2 2027 earnings at $1.65 EPS.

Several other equities analysts have also recently commented on HOG. Robert W. Baird boosted their price objective on shares of Harley-Davidson from $26.00 to $28.00 and gave the company a "neutral" rating in a research note on Wednesday, May 14th. UBS Group reduced their price objective on shares of Harley-Davidson from $28.00 to $27.00 and set a "neutral" rating for the company in a research note on Tuesday, July 8th. Finally, Citigroup boosted their price objective on shares of Harley-Davidson from $24.00 to $27.00 and gave the company a "neutral" rating in a research note on Monday, June 16th. One investment analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and five have assigned a Hold rating to the company's stock. According to MarketBeat.com, the company currently has a consensus rating of "Hold" and an average target price of $29.83.

Harley-Davidson Price Performance

NYSE:HOG traded up $0.3330 during mid-day trading on Friday, hitting $28.0130. 1,782,637 shares of the stock traded hands, compared to its average volume of 2,241,085. The business's 50-day moving average price is $24.53 and its 200 day moving average price is $24.57. The company has a market cap of $3.40 billion, a PE ratio of 14.51, a price-to-earnings-growth ratio of 0.44 and a beta of 1.29. Harley-Davidson has a 12-month low of $20.45 and a 12-month high of $39.93. The company has a quick ratio of 1.20, a current ratio of 1.37 and a debt-to-equity ratio of 1.32.

Harley-Davidson (NYSE:HOG - Get Free Report) last posted its quarterly earnings results on Wednesday, July 30th. The company reported $0.88 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.99 by ($0.11). Harley-Davidson had a net margin of 5.76% and a return on equity of 7.43%. The business had revenue of $1.31 billion during the quarter, compared to the consensus estimate of $1.09 billion. During the same period last year, the firm earned $1.63 EPS. The business's revenue for the quarter was down 19.3% on a year-over-year basis.

Institutional Investors Weigh In On Harley-Davidson

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Advisory Services Network LLC raised its holdings in Harley-Davidson by 26.5% in the 2nd quarter. Advisory Services Network LLC now owns 21,966 shares of the company's stock worth $534,000 after purchasing an additional 4,608 shares in the last quarter. State of Wyoming raised its holdings in Harley-Davidson by 244.8% in the 2nd quarter. State of Wyoming now owns 7,330 shares of the company's stock worth $173,000 after purchasing an additional 5,204 shares in the last quarter. Hudson Bay Capital Management LP bought a new position in Harley-Davidson in the 2nd quarter worth $2,364,000. Geneos Wealth Management Inc. raised its holdings in Harley-Davidson by 61.5% in the 2nd quarter. Geneos Wealth Management Inc. now owns 3,405 shares of the company's stock worth $80,000 after purchasing an additional 1,296 shares in the last quarter. Finally, Caxton Associates LLP raised its holdings in Harley-Davidson by 8.8% in the 2nd quarter. Caxton Associates LLP now owns 67,905 shares of the company's stock worth $1,603,000 after purchasing an additional 5,465 shares in the last quarter. 85.10% of the stock is currently owned by institutional investors.

Insider Activity

In other news, Director Rafeh Masood purchased 2,068 shares of the stock in a transaction that occurred on Tuesday, August 5th. The stock was bought at an average cost of $24.06 per share, for a total transaction of $49,756.08. Following the acquisition, the director directly owned 4,705 shares of the company's stock, valued at $113,202.30. This represents a 78.42% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Company insiders own 0.93% of the company's stock.

Harley-Davidson Company Profile

Harley-Davidson, Inc manufactures and sells motorcycles in the United States and internationally. The company operates in three segments: Harley-Davidson Motor Company, LiveWire, and Harley-Davidson Financial Services. The Harley-Davidson Motor Company segment designs, manufactures, and sells motorcycles, including cruiser, trike, touring, standard, sportbike, adventure, and dual sport, as well as motorcycle parts, accessories, and apparel, as well as licenses its trademarks and related services.