Harmonic Inc enters its Q2 2026 earnings report with a consensus revenue estimate of $120.9 million and an EPS expectation of $0.17, while the stock currently trades at $11.84 against an average analyst target of $15.29. The primary story for investors is the company’s recent transition to a pure-play broadband provider following the $145 million sale of its Video business in June 2026.
Analysts are closely monitoring the growth of the Broadband segment, which recently benefited from a 43% revenue surge and increased adoption of the virtualized cOS platform by Tier 1 operators. Investors hope to see if this momentum and the move to DOCSIS 4.0 can sustain improved operating leverage following the divestiture.