Valens Semiconductor Ltd Stock Price, News & Analysis

Valens Semiconductor (NYSE: VLN) has appointed Gili Friedman as Senior Vice President and Head of the newly formed Cross Industry Business Unit, effective February 16, 2025. Friedman brings over 17 years of experience in semiconductor industry sales and business development, currently serving as VP of Sales and Business Development at Sony Semiconductor Israel.

The Cross Industry Business Unit will oversee non-automotive verticals including audio-video, industrial, machine vision, and medical markets, which represent a total addressable market exceeding $1 billion. Friedman's appointment aims to accelerate market share growth and drive progress towards the company's 2029 financial goals.

Valens Semiconductor (NYSE: VLN) has announced a share repurchase program of up to $10 million of its ordinary shares. The program was approved by the Board of Directors as a 'distribution' under Israeli Companies Law. Company creditors have 30 days to object to the distribution following its publication. The repurchases will be executed through open market purchases, private transactions, or other legally permitted methods, including Rule 10b5-1 and Rule 10b-18. The timing and amount of purchases will depend on market conditions, price, and capital availability. The program has no minimum purchase requirement and can be modified or discontinued at any time.

Valens Semiconductor (NYSE: VLN), a leader in high-performance connectivity, announced its participation in the UBS Global Technology and AI Conference in Scottsdale, AZ from December 2-5, 2024. CEO Gideon Ben-Zvi will be available for one-on-one meetings on December 2. The company specializes in high-performance connectivity solutions, with its chipsets integrated into audio-video installations, videoconferencing systems, and ADAS/autonomous driving applications. Valens' technology serves as the foundation for industry standards like HDBaseT® and MIPI A-PHY.

Valens Semiconductor (NYSE: VLN) hosted its 2024 Investor Day, outlining its strategic growth plan and financial goals. The company targets total revenue of $220-300 million by 2029 with gross margins of 50-60%. Key growth areas include Video-Conferencing, Automotive, Industrial Machine Vision, and Medical markets, with a combined TAM of $5.5 billion. For 2025, Valens projects revenue of $71-76 million, representing 25-33% YoY growth. The company plans to leverage its strong balance sheet of $133.1 million in cash for strategic acquisitions, aiming to contribute $30-40 million in revenue by 2029.

Valens Semiconductor (NYSE: VLN) is hosting its 2024 Investor Day in New York City, where management will present the company's strategy and financial goals. The company projects 2025 revenue between $71-76 million, representing 25-33% YoY growth. By 2029, Valens aims to achieve total revenue of $220-300 million with gross margins of 50-60%, broken down across Professional Audio-Video ($90-100M), Industrial Machine Vision ($35-50M), and Automotive ($65-110M) segments. For 2024, the company updated its revenue guidance to $57.2-57.5 million, including Audio-video ($32.8-33.0M), Automotive ($21.4-21.5M), and Acroname ($3M) revenues.

Valens Semiconductor (NYSE: VLN) will unveil innovative connectivity solutions at Medica 2024, including a chip for advanced endoscopes based on the VA7000 chipset. This chip offers exceptional EMC reliability during electrosurgery, high-resolution video, and low power consumption, making it ideal for single-use endoscopy. The disposable endoscope market in the US is growing at a 17% CAGR and is expected to reach USD 7.32 billion by 2030. Valens will also display the VS6320 and VS3000 chipsets for USB3.2 and human-machine interface extensions. Valens' solutions will be showcased at the Israeli Pavilion, Hall 15, Stand #E30, from November 11-14.

Valens Semiconductor (NYSE: VLN) reported Q3 2024 results exceeding guidance across all metrics. Revenue reached $16.0 million, with audio-video segment contributing 60% ($9.4M) and automotive segment 40% ($6.6M). The company secured three automotive design wins from European OEMs for VA7000 MIPI A-PHY chipsets, expected to be integrated into vehicles starting 2026. GAAP gross margin was 56.4%, while GAAP net loss was $(10.4) million. The company maintains a strong balance sheet with $133.1 million in cash and no debt. Q4 2024 revenue guidance is between $16.0-16.3 million.

Valens Semiconductor (NYSE: VLN), a leader in high-performance connectivity, has announced that it will release its third quarter 2024 financial results before the market opens on Wednesday, November 6, 2024. CEO Gideon Ben Zvi and CFO Guy Nathanzon will host a conference call at 8:30 a.m. Eastern Time on the same day to discuss the company's financial results and business outlook.

Investors can access the call by dialing specific numbers for the U.S., UK, Israel, or other locations. A live webcast of the conference call will be available through the investor relations section of Valens Semiconductor's website. A replay of the call will also be made available on the company's website shortly after its conclusion.

Valens Semiconductor (NYSE: VLN) has launched a breakthrough USB3 industrial grade extender, marking its expansion into the industrial sector. This innovative product extends the range of industrial-grade USB3 cameras from 5 meters to up to 100 meters over a single Category 6a cable. Based on the VS6320 chip, it supports USB3.2 Gen1 traffic, USB2.0, control signals, and 25W of power transmission.

The extender simplifies system architecture, reduces installation costs, and features a robust, fanless design with flexible mounting options. It also offers diagnostic capabilities for continuous link quality monitoring. The product will debut at the VISION exhibition in Stuttgart, October 8-10, 2024, alongside other VS6320 and VA7000 based innovations.