Zacks Research Expects Stronger Earnings for Harley-Davidson

Harley-Davidson, Inc. (NYSE:HOG) – Stock analysts at Zacks Research lifted their Q3 2025 EPS estimates for Harley-Davidson in a report released on Wednesday, August 13th. Zacks Research analyst Team now forecasts that the company will post earnings per share of $1.25 for the quarter, up from their previous estimate 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.

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

Other research analysts also recently issued reports about the stock. Robert W. Baird increased their price target on shares of Harley-Davidson from $26.00 to $28.00 and gave the stock a “neutral” rating in a research report on Wednesday, May 14th. Citigroup raised their price objective on shares of Harley-Davidson from $24.00 to $27.00 and gave the company a “neutral” rating in a research report on Monday, June 16th. Finally, UBS Group decreased their price objective on shares of Harley-Davidson from $28.00 to $27.00 and set a “neutral” rating on the stock in a research report on Tuesday, July 8th. Six equities research analysts have rated the stock with a hold rating, one has given a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, Harley-Davidson presently has an average rating of “Hold” and a consensus price target of $29.83.

Harley-Davidson Stock Down 0.5%

HOG opened at $27.43 on Friday. The company has a current ratio of 1.37, a quick ratio of 1.20 and a debt-to-equity ratio of 1.32. Harley-Davidson has a 1-year low of $20.45 and a 1-year high of $39.93. The company has a market capitalization of $3.33 billion, a PE ratio of 14.21, a PEG ratio of 0.44 and a beta of 1.29. The firm’s 50 day simple moving average is $24.47 and its two-hundred day simple moving average is $24.59.

Hedge Funds Weigh In On Harley-Davidson

Several institutional investors have recently bought and sold shares of HOG. Federated Hermes Inc. grew its stake in Harley-Davidson by 23.3% during the fourth quarter. Federated Hermes Inc. now owns 16,124 shares of the company’s stock valued at $486,000 after acquiring an additional 3,051 shares in the last quarter. Invesco Ltd. grew its stake in Harley-Davidson by 12.6% during the fourth quarter. Invesco Ltd. now owns 707,030 shares of the company’s stock valued at $21,303,000 after acquiring an additional 79,374 shares in the last quarter. Raymond James Financial Inc. purchased a new position in Harley-Davidson during the fourth quarter valued at $18,802,000. Bessemer Group Inc. grew its stake in Harley-Davidson by 237.9% during the fourth quarter. Bessemer Group Inc. now owns 1,301 shares of the company’s stock valued at $39,000 after acquiring an additional 916 shares in the last quarter. Finally, Sterling Capital Management LLC grew its stake in Harley-Davidson by 57.6% during the fourth quarter. Sterling Capital Management LLC now owns 7,273 shares of the company’s stock valued at $219,000 after acquiring an additional 2,659 shares in the last quarter. 85.10% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Harley-Davidson

In other news, Director Rafeh Masood acquired 2,068 shares of the firm’s stock in a transaction dated Tuesday, August 5th. The shares were purchased at an average cost of $24.06 per share, for a total transaction of $49,756.08. Following the transaction, the director directly owned 4,705 shares of the company’s stock, valued at approximately $113,202.30. This trade represents a 78.42% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available through this hyperlink. 0.93% of the stock is owned by insiders.

About Harley-Davidson

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.