We show that, in the continuum limit, the dynamics of Hamiltonian systems defined on a lattice with long-range couplings is well described by the Vlasov equation. This equation can be linearized around the homogeneous state and a dispersion relation, that depends explicitly on the Fourier modes of the lattice, can be derived. This allows one to compute the stability thresholds of the homogeneous state, which turn out to depend on the mode number. When this state is unstable, the growth rates are also function of the mode number. Explicit calculations are performed for the $\alpha$-HMF model with $0 \leq \alpha <1$, for which the zero mean-field mode is always found to dominate the exponential growth. The theoretical predictions are successfully compared with numerical simulations performed on a finite lattice.