Valens Semiconductor Ltd Stock Price, News & Analysis

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.

Valens Semiconductor (NYSE: VLN) has announced the integration of its VA7000 and VS6320 chipsets into cutting-edge machine vision products from various companies. This marks Valens' initial penetration into a $460 million Total Addressable Market by 2029. The machine vision market is expected to reach $7.8B by 2029, driven by factory and warehouse automation growth.

The VA7000 chipset, compliant with the MIPI A-PHY standard, offers high-performance sensor connectivity, while the VS6320 provides USB 3.2 extension capabilities. These chipsets are powering products by Teledyne e2v, Airy3D, FRAMOS, D3 Embedded, and Leopard Imaging, among others.

Valens' chipsets enable advanced machine vision solutions, offering benefits such as reduced power, size, and cost of cameras, as well as extended link distances for USB-based industrial cameras. The company will showcase these solutions at the VISION event in Stuttgart, on October 8-10, 2024.

Valens Semiconductor (NYSE: VLN) has secured three automotive design wins from leading European OEMs for its VA7000 MIPI A-PHY chipsets. These OEMs plan to integrate Valens' chipsets into vehicle models with Start of Production in 2026, covering an estimated 500,000 vehicles annually. Upon commercialization, Valens projects these wins to generate over $10 million in annual revenue for 5-7 years.

The selection followed intensive testing, with Valens' A-PHY solution outperforming competitors across various parameters. These design wins, achieved in collaboration with leading Automotive Tier-1s, are expected to cement A-PHY's position as the standard for next-generation sensor connectivity in the automotive industry, potentially leading to further adoption and market share growth for Valens.

Valens Semiconductor (NYSE: VLN), a leader in high-performance connectivity, has announced its participation in three upcoming investor conferences in August 2024:

• Oppenheimer 27th Annual Technology, Internet & Communications Conference (Virtual) on August 13
• Jefferies Semiconductor, IT Hardware & Communications Technology Summit in Chicago on August 27
• Evercore ISI 2024 Semiconductor, IT Hardware & Networking Conference in Chicago on August 28

CFO Guy Nathanzon will present at the Oppenheimer conference and participate in one-on-one meetings at all events. Valens Semiconductor specializes in high-performance connectivity solutions, with its chipsets integrated into various devices from leading customers, powering audio-video installations, videoconferencing, and advancing ADAS and autonomous driving technologies.