Harley-Davidson Earnings Snapshot Highlights
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Feb 10 2026
0mins
Should l Buy HOG?
Source: Benzinga
- Global Sales Performance: Harley-Davidson's global motorcycle retail sales fell 1% year-over-year, with North America up 5% driven by touring models, while Latin America grew 10% supported by Brazil and Mexico; however, EMEA sales dropped 24% and APAC fell 1%, with China remaining soft.
- Revenue and Shipment Trends: Global motorcycle shipments decreased 4% year-over-year, with revenue down 10% due to lower volumes, net pricing, and higher incentive spending, as motorcycle revenue fell 16%, parts and accessories dropped 1%, apparel declined 13%, while licensing revenue surged 61%.
- Financial Losses: The segment reported a gross loss of $30 million compared to a $3 million loss a year ago, primarily due to rising tariffs and ongoing pricing and incentive pressures, indicating challenges in cost management for the company.
- Share Buyback Plan: Harley-Davidson announced a $200 million accelerated share repurchase agreement with Goldman Sachs, with final settlement expected in Q2 2026, reflecting the company's proactive approach to shareholder returns despite facing operational losses.
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Analyst Views on HOG
Wall Street analysts forecast HOG stock price to rise
4 Analyst Rating
3 Buy
1 Hold
0 Sell
Strong Buy
Current: 17.770
Low
32.00
Averages
32.67
High
34.00
Current: 17.770
Low
32.00
Averages
32.67
High
34.00
About HOG
Harley-Davidson, Inc. is the parent company of Harley-Davidson Motor Company and Harley-Davidson Financial Services. The Company operates through three segments: Harley-Davidson Motor Company (HDMC), LiveWire, and Harley-Davidson Financial Services (HDFS). The HDMC segment designs, manufactures and sells Harley-Davidson motorcycles. The HDMC segment also sells motorcycle parts, accessories, and apparel as well as licenses its trademarks. The HDMC segment conducts business on a global basis, with sales in the United States, Canada, Europe/Middle East/Africa, Asia Pacific, and Latin America. The LiveWire segment sells electric motorcycles, electric balance bikes for kids, parts and accessories and apparel in the United States and certain international markets. The HDFS segment is engaged in the business of financing and servicing wholesale inventory receivables and retail consumer loans, primarily for the purchase of Harley-Davidson and LiveWire motorcycles.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Harley-Davidson to Present at Citi's 2026 Global Consumer & Retail Conference
- Conference Participation: Harley-Davidson will present at Citi's 2026 Global Consumer & Retail Conference on March 10, 2026, at the JW Marriott Miami Turnberry Resort, showcasing its leadership in the motorcycle industry.
- Investor Engagement: Investor Relations Director Shawn Collins will conduct one-on-one and group sessions to address questions related to the company, aiming to bolster investor confidence in Harley-Davidson's future growth.
- Company Background: Since its founding in 1903, Harley-Davidson has been dedicated to shaping motorcycle culture through innovation and emotion, offering distinctive and customizable motorcycles and related products, solidifying its position as the most desirable motorcycle brand globally.
- Electric Motorcycle Development: Harley-Davidson's controlling interest in LiveWire Group, the first publicly traded all-electric motorcycle company in the U.S., highlights the company's forward-looking strategy to become the most desirable electric motorcycle brand, reflecting its commitment to the electric transportation sector.
See More
Harley-Davidson to Present at Citi's 2026 Global Consumer & Retail Conference
- Conference Participation: Harley-Davidson will present at Citi's 2026 Global Consumer & Retail Conference on March 10, 2026, at the JW Marriott Miami Turnberry Resort & Spa, where Investor Relations Director Shawn Collins will engage in one-on-one and group sessions to enhance investor understanding and confidence in the company.
- Company Background: Since its founding in 1903, Harley-Davidson has led the motorcycle industry through innovation and emotion, offering distinctive and customizable motorcycles and accessories, thereby reinforcing its position as the most desirable motorcycle brand globally and driving long-term brand development.
- Electric Motorcycle Strategy: Harley-Davidson holds a controlling interest in LiveWire Group, the first publicly traded all-electric motorcycle manufacturer in the U.S., with LiveWire aiming to become the most desirable electric motorcycle brand, showcasing Harley's forward-looking approach in the electric transportation sector aligned with urban adventure trends.
- Brand Vision: Harley-Davidson's vision emphasizes building its legend through continuous innovation and evolution, transcending mere machine manufacturing to embody the timeless pursuit of adventure, reflecting the brand's profound impact on motorcycle culture and its commitment to consumer emotions.
See More
Congressional Trading Activity Insights
- Small-Cap Focus: Congressman Tim Moore has made multiple trades in 2025, including purchasing shares of Genprex, a gene therapy company with a market cap of $5.2 million, indicating a continued interest in small-cap stocks that may influence investor confidence in this sector.
- Significant Trade Amounts: Moore's three purchases of Genprex totaled between $31,000 and $115,000, reflecting his optimism about the company despite its recent poor performance, which could attract the attention of other investors.
- Investment in Simply Good Foods: Moore also bought shares of Simply Good Foods, with investments ranging from $30,000 to $100,000, despite the company's stock price dropping 53% over the past 52 weeks, highlighting the potential for high-risk investments.
- Outstanding Trading Performance: Moore was recognized as the top-performing member of Congress for stock trades in 2025, achieving a 52% return that significantly outperformed the S&P 500's 16.6% gain, which may draw more investors to his trading strategies.
See More
Success of Price-to-Tangible-Book Value Investing
- Long-Term Return Advantage: Since 1980, Donald Smith & Co.'s investment strategy has achieved a 16.8% compound annual return by focusing on companies in the lowest decile of price-to-tangible-book ratios, significantly outperforming the overall lowest decile's 13.4% and the S&P 500's 12.1%, demonstrating the effectiveness of their long-term investment approach and market recognition potential.
- Philosophical Foundation: Founder Donald G. Smith was influenced by Benjamin Graham during his time at UCLA Law School, establishing an investment framework centered on buying companies with the lowest price-to-tangible-book value, emphasizing fundamental analysis and patient holding to avoid short-term market fluctuations.
- Asset Allocation Strategy: Currently managing over $5 billion in assets, Donald Smith & Co. employs a concentrated investment strategy with individual positions capped at 5% and industry exposure generally limited to around 20%, ensuring stable portfolio performance amid market volatility.
- Current Investment Targets: Recent 13F filings reveal significant positions in asset-heavy companies like West Fraser Timber, Brazilian steel producer Gerdau, and Harley-Davidson, all trading at substantial discounts, reflecting their deep conviction in cyclical asset investing and expectations for market recovery.
See More
Logistics CEO Pushes Back Against AI Panic
- Market Overreaction: Following Algorhythm Holdings' claim that its AI platform could increase freight volumes by 300% to 400%, C.H. Robinson's stock plummeted 14.5%, marking its largest single-day loss in over six years, indicating a panic-driven sell-off that may not reflect the company's fundamentals.
- Leadership Confidence: C.H. Robinson CEO Dave Bozeman emphasized the company's leadership in AI, maintaining strong growth rates despite an ongoing freight recession, suggesting that the company is well-positioned for continued profitability over the next two years.
- Analyst Support: JPMorgan analyst Brian Ossenbeck reaffirmed confidence in C.H. Robinson post-sell-off, noting the company's differentiated business model, although AI-related risks may impact stock performance in the short term, the fundamentals remain intact.
- Optimistic Industry Outlook: Bozeman expressed excitement about the next two years, highlighting the company's efforts to enhance operating profits through AI, indicating that C.H. Robinson will continue to play a significant role in the logistics sector.
See More
Harley-Davidson Announces Quarterly Dividend Increase
- Quarterly Dividend Increase: Harley-Davidson declares a quarterly dividend of $0.1875 per share, marking a 4.2% increase from the previous $0.1800, indicating the company's effort to maintain cash flow stability amid declining sales.
- Dividend Yield: The forward yield stands at 3.67%, reflecting the company's commitment to shareholder returns despite facing strategic resets and sales challenges in the current economic climate.
- Dividend Payment Schedule: The dividend is payable on March 17, with a record date of March 2 and an ex-dividend date also on March 2, ensuring shareholders receive timely returns and bolstering investor confidence.
- Future Strategic Adjustments: Harley-Davidson aims to achieve $150 million in cost savings by 2026 and is focusing on aligning retail and wholesale strategies to address inventory resets, aiming to improve overall financial performance.
See More
Harley-Davidson to Present at Citi's 2026 Global Consumer & Retail Conference
- Conference Participation: Harley-Davidson will present at Citi's 2026 Global Consumer & Retail Conference on March 10, 2026, at the JW Marriott Miami Turnberry Resort, showcasing its leadership in the motorcycle industry.
- Investor Engagement: Investor Relations Director Shawn Collins will conduct one-on-one and group sessions to address questions related to the company, aiming to bolster investor confidence in Harley-Davidson's future growth.
- Company Background: Since its founding in 1903, Harley-Davidson has been dedicated to shaping motorcycle culture through innovation and emotion, offering distinctive and customizable motorcycles and related products, solidifying its position as the most desirable motorcycle brand globally.
- Electric Motorcycle Development: Harley-Davidson's controlling interest in LiveWire Group, the first publicly traded all-electric motorcycle company in the U.S., highlights the company's forward-looking strategy to become the most desirable electric motorcycle brand, reflecting its commitment to the electric transportation sector.
See More
Harley-Davidson to Present at Citi's 2026 Global Consumer & Retail Conference
- Conference Participation: Harley-Davidson will present at Citi's 2026 Global Consumer & Retail Conference on March 10, 2026, at the JW Marriott Miami Turnberry Resort & Spa, where Investor Relations Director Shawn Collins will engage in one-on-one and group sessions to enhance investor understanding and confidence in the company.
- Company Background: Since its founding in 1903, Harley-Davidson has led the motorcycle industry through innovation and emotion, offering distinctive and customizable motorcycles and accessories, thereby reinforcing its position as the most desirable motorcycle brand globally and driving long-term brand development.
- Electric Motorcycle Strategy: Harley-Davidson holds a controlling interest in LiveWire Group, the first publicly traded all-electric motorcycle manufacturer in the U.S., with LiveWire aiming to become the most desirable electric motorcycle brand, showcasing Harley's forward-looking approach in the electric transportation sector aligned with urban adventure trends.
- Brand Vision: Harley-Davidson's vision emphasizes building its legend through continuous innovation and evolution, transcending mere machine manufacturing to embody the timeless pursuit of adventure, reflecting the brand's profound impact on motorcycle culture and its commitment to consumer emotions.
See More
Congressional Trading Activity Insights
- Small-Cap Focus: Congressman Tim Moore has made multiple trades in 2025, including purchasing shares of Genprex, a gene therapy company with a market cap of $5.2 million, indicating a continued interest in small-cap stocks that may influence investor confidence in this sector.
- Significant Trade Amounts: Moore's three purchases of Genprex totaled between $31,000 and $115,000, reflecting his optimism about the company despite its recent poor performance, which could attract the attention of other investors.
- Investment in Simply Good Foods: Moore also bought shares of Simply Good Foods, with investments ranging from $30,000 to $100,000, despite the company's stock price dropping 53% over the past 52 weeks, highlighting the potential for high-risk investments.
- Outstanding Trading Performance: Moore was recognized as the top-performing member of Congress for stock trades in 2025, achieving a 52% return that significantly outperformed the S&P 500's 16.6% gain, which may draw more investors to his trading strategies.
See More
Success of Price-to-Tangible-Book Value Investing
- Long-Term Return Advantage: Since 1980, Donald Smith & Co.'s investment strategy has achieved a 16.8% compound annual return by focusing on companies in the lowest decile of price-to-tangible-book ratios, significantly outperforming the overall lowest decile's 13.4% and the S&P 500's 12.1%, demonstrating the effectiveness of their long-term investment approach and market recognition potential.
- Philosophical Foundation: Founder Donald G. Smith was influenced by Benjamin Graham during his time at UCLA Law School, establishing an investment framework centered on buying companies with the lowest price-to-tangible-book value, emphasizing fundamental analysis and patient holding to avoid short-term market fluctuations.
- Asset Allocation Strategy: Currently managing over $5 billion in assets, Donald Smith & Co. employs a concentrated investment strategy with individual positions capped at 5% and industry exposure generally limited to around 20%, ensuring stable portfolio performance amid market volatility.
- Current Investment Targets: Recent 13F filings reveal significant positions in asset-heavy companies like West Fraser Timber, Brazilian steel producer Gerdau, and Harley-Davidson, all trading at substantial discounts, reflecting their deep conviction in cyclical asset investing and expectations for market recovery.
See More
Logistics CEO Pushes Back Against AI Panic
- Market Overreaction: Following Algorhythm Holdings' claim that its AI platform could increase freight volumes by 300% to 400%, C.H. Robinson's stock plummeted 14.5%, marking its largest single-day loss in over six years, indicating a panic-driven sell-off that may not reflect the company's fundamentals.
- Leadership Confidence: C.H. Robinson CEO Dave Bozeman emphasized the company's leadership in AI, maintaining strong growth rates despite an ongoing freight recession, suggesting that the company is well-positioned for continued profitability over the next two years.
- Analyst Support: JPMorgan analyst Brian Ossenbeck reaffirmed confidence in C.H. Robinson post-sell-off, noting the company's differentiated business model, although AI-related risks may impact stock performance in the short term, the fundamentals remain intact.
- Optimistic Industry Outlook: Bozeman expressed excitement about the next two years, highlighting the company's efforts to enhance operating profits through AI, indicating that C.H. Robinson will continue to play a significant role in the logistics sector.
See More
Harley-Davidson Announces Quarterly Dividend Increase
- Quarterly Dividend Increase: Harley-Davidson declares a quarterly dividend of $0.1875 per share, marking a 4.2% increase from the previous $0.1800, indicating the company's effort to maintain cash flow stability amid declining sales.
- Dividend Yield: The forward yield stands at 3.67%, reflecting the company's commitment to shareholder returns despite facing strategic resets and sales challenges in the current economic climate.
- Dividend Payment Schedule: The dividend is payable on March 17, with a record date of March 2 and an ex-dividend date also on March 2, ensuring shareholders receive timely returns and bolstering investor confidence.
- Future Strategic Adjustments: Harley-Davidson aims to achieve $150 million in cost savings by 2026 and is focusing on aligning retail and wholesale strategies to address inventory resets, aiming to improve overall financial performance.
See More
