Analysts expect Harley-Davidson to report Q3 2026 revenue of $1.07 billion and earnings per share of $0.47, with the stock currently trading at $28.96, slightly above the consensus price target of $28.20. Investors are primarily focused on U.S. retail sales momentum, which is estimated to have grown 5% year-over-year according to recent dealer surveys.
The company's performance is being driven by its "Back to the Bricks" turnaround strategy, which targets fixed cost savings and improved dealer inventory alignment. However, the reported EPS will show a sharp year-over-year decline due to a $301 million one-time credit reversal that inflated Q3 2025 results, and margins remain pressured by ongoing tariff costs and losses in the LiveWire electric segment.