Harley Davidson Stock Price, News & Analysis

Harley-Davidson Financial Services (NYSE:HOG) announced notice of full redemption of its outstanding 6.50% Medium-Term Notes due 2028, with a redemption date of December 12, 2025. The redemption price will be the greater of 100% of principal or the contract make-whole price, plus accrued interest to but not including the redemption date. Approximately $262.9 million principal amount of Notes is outstanding as of the announcement date. The company said it will fund the redemption from its cash and cash equivalents on hand. Citibank, N.A. is serving as trustee and paying agent; the formal Notice of Redemption is available from the trustee.

Harley-Davidson (NYSE: HOG) announced a $0.18 per share cash dividend for Q4 2025.

The dividend is payable December 22, 2025 to shareholders of record as of December 9, 2025. The company named its parent and finance subsidiaries in the announcement.

Harley-Davidson Financial Services (NYSE:HOG) announced the results of cash tender offers for its 6.500% notes due 2028 and 5.950% notes due 2029, which expired November 21, 2025.

A total of $792,209,000 aggregate principal amount of Notes were validly tendered (excluding $8,090,000 in guaranteed-delivery notices). The company expects to accept and pay for tendered Notes on a Settlement Date of November 24, 2025 and for guaranteed deliveries on November 26, 2025 (transfer deadline November 25, 2025).

Consideration per $1,000 accepted: $1,055.12 for 2028 Notes and $1,059.55 for 2029 Notes; accrued interest will also be paid through the Settlement Date.

Harley-Davidson Financial Services (HDFS) priced tender offers to buy any and all of its outstanding 6.500% notes due 2028 ($700,000,000) and 5.950% notes due 2029 ($500,000,000) on November 21, 2025.

The Consideration per $1,000 principal is $1,055.12 for the 2028 notes and $1,059.55 for the 2029 notes, calculated using a settlement date of November 24, 2025 (Guaranteed Delivery settlement expected on or about November 26, 2025). Offers expire 5:00 p.m. ET on November 21, 2025. Accrued interest will be paid on accepted notes. Dealer managers and the tender agent contacts are identified for holders seeking assistance.

Harley-Davidson Financial Services (NYSE:HOG) commenced tender offers on November 17, 2025 to purchase for cash any and all of its outstanding medium-term notes listed below.

• 6.500% notes due 2028: $700,000,000 outstanding; U.S. Treasury reference: 4.25% UST 2/15/2028; fixed spread 35 bps.
• 5.950% notes due 2029: $500,000,000 outstanding; U.S. Treasury reference: 3.625% UST 10/31/2030; fixed spread 45 bps.

The Offers expire at 5:00 p.m. ET on November 21, 2025 (Withdrawal Deadline same time). Settlement is expected on November 24, 2025 (regular) and November 26, 2025 (guaranteed delivery). Consideration per $1,000 is set by the fixed spread plus the referenced Treasury yield; accrued interest will be paid separately.

Harley-Davidson (NYSE: HOG) reported third quarter 2025 results with consolidated revenue $1.34B (+17%) and diluted EPS $3.10 versus $0.91 a year ago. Results were driven by HDMC volume and a transformative HDFS transaction: HDFS operating income was $439M and the company expects the transaction to unlock $1.2–$1.25B of discretionary cash by Q1 2026. HDMC revenue rose 23% and global motorcycle shipments increased 33%, while global retail sales fell 6%. HDMC gross margin declined 3.7 pts and operating margin declined 1.3 pts. Company announced a $200M ASR toward a $1B repurchase program and ended the quarter with $1.8B cash.

Harley-Davidson (NYSE:HOG) unveiled select models from its 2026 motorcycle lineup on Nov 3, 2025, with additional models—including limited-production CVO—scheduled for Chapter Two on Jan 14, 2026. New availability timelines show Sport and Adventure Touring models arriving at authorized dealers globally in early 2026.

Harley introduced a new Solo Trim Package (solo seat, Dark Billiard Gray paint, cast-aluminum wheels) for three models with U.S. MSRPs: Heritage Classic $19,999, Street Bob $14,999, and Street Glide $24,999. Several model families were highlighted: Grand American Touring, Cruiser (with Milwaukee-Eight 117 in three tunes), Sport (Revolution Max updates), and Pan America 1250 variants.

Harley-Davidson (NYSE: HOG) will release third quarter 2025 financial results before market open on Tuesday, November 4, 2025.

A public audio webcast is scheduled 8:00–9:00 a.m. CT the same day; senior management will discuss financial results, business developments, and updates to the company's outlook. A supporting slide presentation will be posted prior to the webcast. Participants should register at least 10 minutes before the start time. A replay of the audio webcast will be available approximately two hours after the call concludes. Investors can access the webcast and slides via the company's investor events page.

Harley-Davidson (NYSE:HOG) has partnered with Realtree® to launch the "Get Lost" limited-edition apparel collaboration, merging motorcycle culture with outdoor aesthetics. The collection features the distinctive Realtree APG camouflage pattern across various clothing items including hoodies, jackets, graphic tees, and workwear-inspired pants.

The collection highlights include a men's long-sleeve shirt in heavyweight cotton twill, a unisex adjustable cap, insulated twill jackets for both men and women, and women's utility cargo pants. All pieces incorporate the signature Realtree APG pattern, which uniquely blends hardwoods, pine thickets, prairies, and river bottoms elements.

The collection will be available starting October 2, 2025, through h-d.com/realtree and Harley-Davidson dealerships across the United States.