The price of Valens Semiconductor Ltd. (NYSE:VLN) shares last traded on Wall Street rose 2.84% to $3.98.
Based on available information, 5 analysts follow Valens Semiconductor Ltd. (NYSE:VLN). The consensus rating among analysts is ‘Buy’. As we calculate the median target price by taking the range between a high of $13.00 and a low of $5.00, we find $8.00. Given the previous closing price of $3.87, this indicates a potential upside of 106.72 percent. VLN stock price is now 0.45% away from the 50-day moving average and -9.15% away from the 200-day moving average. The market capitalization of the company currently stands at $398.96M.
Among analysts, 0 rate the stock a hold while 5 rate it a buy. Brokers who have rated the stock have averaged $8.80 as their price target over the next twelve months.
With the price target of $13, Chardan Capital Markets recently initiated with Buy rating for Valens Semiconductor Ltd. (NYSE: VLN). On November 15, 2021, BofA Securities recently initiated its ‘Buy’ rating on the stock quoting a target price of $12, while ‘Oppenheimer’ rates the stock as ‘Outperform’.
A total of 10.42% of the company’s stock is owned by insiders.
There have been several recent changes in the stakes of large investors in VLN stock. A new stake in Valens Semiconductor Ltd. shares was purchased by HERALD INVESTMENT MANAGEMENT LTD during the first quarter worth $1,358,000. BARCLAYS PLC invested $505,000 in shares of VLN during the first quarter. In the first quarter, RENAISSANCE TECHNOLOGIES LLC acquired a new stake in Valens Semiconductor Ltd. valued at approximately $429,000. CLAL INSURANCE ENTERPRISES HOLDINGS LTD acquired a new stake in VLN for approximately $268,000. MIGDAL INSURANCE & FINANCIAL HOLDINGS LTD. purchased a new stake in VLN valued at around $179,000 in the second quarter. In total, there are 23 active investors with 48.70% ownership of the company’s stock.
A candlestick chart of Valens Semiconductor Ltd. (NYSE: VLN) showed a price of $3.9200 on Thursday morning. During the past 12 months, Valens Semiconductor Ltd. has had a low of $2.71 and a high of $12.19. As of last week, the company has a debt-to-equity ratio of 0.00, a current ratio of 9.30, and a quick ratio of 8.40. The fifty day moving average price for VLN is $3.9622 and a two-hundred day moving average price translates $4.3807 for the stock.
The latest earnings results from Valens Semiconductor Ltd. (NYSE: VLN) was released for Jun, 2022. According to the Semiconductors Company, earnings per share came in at -$0.08, beating analysts’ expectations of -$0.09 by 0.01. This compares to -$0.34 EPS in the same period last year. The net profit margin was -37.50% and return on equity was -17.40% for VLN. The company reported revenue of $23.14 million for the quarter, compared to $17.51 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 32.16 percent. For the current quarter, analysts expect VLN to generate $22.65M in revenue.
Valens Semiconductor Ltd.(VLN) Company Profile
Valens Semiconductor Ltd. engages in the provision of semiconductor products that enables high-speed video and data transmission for the audio-video and automotive industries. It offers HDBaseT technology, which enables the simultaneous delivery of ultra-high-definition digital video and audio, Ethernet, USB, control signals, and power through a single long-reach cable. The company offers audio-video solutions for the enterprise, education, digital signage, medical and residential, and industrial markets; and automotive solutions, which provide chipsets that support advanced driver-assistance systems, automated driving systems, infotainment, telecommunications, and basic connectivity. It serves customers through distributors and representatives in Israel, China, Hong Kong, the United States, Mexico, Japan, and internationally. The company was incorporated in 2006 and is headquartered in Hod Hasharon, Israel.