Harmonic stock rises to EUR 9.44, up 5.69 percent on Nasdaq
Published on 10/15/2026 at 22:25 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSStock rises 5.69 percent on Nasdaq
- Rosenblatt Securities reaffirmed its USD 20.00 target on October 1, 2026.
- Second-quarter revenue reached USD 133.46 million, up 53.50 percent year over year.
- Harmonic stock costs EUR 9.44 at Lang & Schwarz on October 15, 2026 at 10:22 p.m. CEST, up 5.69 percent versus the Nasdaq close of October 14, 2026.
- Market capitalization stood at USD 1.2 billion and the price-to-earnings ratio was minus 26.05 on October 15, 2026.
Rosenblatt Securities reaffirmed its Buy rating and USD 20.00 target for Harmonic on October 1, 2026, putting the target 89.04 percent above the Nasdaq price of USD 10.58, according to MarketBeat. Harmonic stock was trading at EUR 9.44 at Lang & Schwarz on October 15, 2026 at 10:22 p.m. CEST, up 5.69 percent on Nasdaq versus the prior close of October 14, 2026.
Second-quarter revenue was USD 133.46 million
Harmonic reported revenue of USD 133.46 million for the second quarter of 2026, up 53.50 percent from the year-earlier quarter. The company also reported adjusted earnings per share of USD 0.24, above the USD 0.17 consensus estimate, according to MarketBeat.
USD 17.68 yearly high sets range
At 4:00 p.m. ET on October 15, 2026, Harmonic last traded at USD 10.58 on Nasdaq. The stock stood 40.16 percent below its USD 17.68 52-week high and 24.91 percent above its USD 8.47 low. Trading volume reached 2,228,132 shares against an average of 1,508,706.
USD 1.2 billion market value and dates
Harmonic had a market capitalization of USD 1.2 billion and a price-to-earnings ratio of minus 26.05 as of October 15, 2026. The company pays no dividend yield in the quoted data. MarketBeat lists November 2, 2026 as the estimated date for Harmonic's third-quarter results, with the conference call scheduled for October 26, 2026.
Comparison with peers
Harmonic: plus 5.69 percent, market capitalization USD 1.2 billion.
Extreme Networks (Nasdaq, USD): minus 0.27 percent, P/E 72.47, market capitalization USD 3.0 billion.
ADTRAN Holdings (Nasdaq, USD): minus 1.66 percent, P/E minus 20.55, market capitalization USD 532.1 million.
Nasdaq move and upcoming dates
Harmonic's current Nasdaq move contrasts with the broader communication-equipment group, where Extreme Networks and ADTRAN Holdings both declined on October 15, 2026. The next scheduled company milestone is the October 26 conference call, followed by the estimated November 2 results date.
Harmonic stock was trading at EUR 9.44 at Lang & Schwarz on October 15, 2026 at 10:22 p.m. CEST, up 5.69 percent on Nasdaq versus the prior close of October 14, 2026. The further course of trading is shown by the continuously updated real-time quote of Harmonic stock.
Harmonic stock facts
- Company: Harmonic Inc.
- ISIN: US4131601027
- Ticker: HLIT
- Primary exchange: Nasdaq
- Price Lang & Schwarz (as of October 15, 2026, 10:22 p.m. CEST): EUR 9.44
- Change on Nasdaq: plus 5.69 percent
- Market capitalization: USD 1.2 billion (as of October 15, 2026)
- 52-week range: USD 8.47-17.68 (as of October 15, 2026)
- Sector / Industry: Technology / Communication Equipment
Market context: Market report Nasdaq Composite.
