your badges 52W Range $1–$4 31% of range Analyst Rating BUY 6 analysts Price Target $4 +109% upside P/E -6.2 ROE -25.5% Net Profit Margin -44.7%

VLN Stock Snapshot Price, market cap, P/E, EPS, ROE, debt/equity, 52-week range

03
Price $1.91
Market Cap $197M
P/E -6.2
EPS $-0.31
Revenue $71M
ROE -25.5%
52W Range $1–$4

VLN Stock Price Chart Daily OHLCV with technical indicators — pan, zoom, and customize your view

04
range
bars

Bar granularity adapts to the selected period — hover the chart to see open/high/low/close for a bar.

10-Year Performance Revenue, net income, margins and EPS trends

06
Revenue$71M
2019-12-31 → 2025-12-31
EPS$-0.31
2020-12-31 → 2025-12-31
Free Cash Flow$-14M
2021-12-31 → 2025-12-31
Net margin-44.7%
2021-12-31 → 2025-12-31
Valuation & Ratios 07–12

Valuation P/E, P/S, P/B, EV/EBITDA ratios — is the stock expensive or cheap?

Metric 5Y trend VLN 5Y avg Peer Median Verdict
P/E -6.25Y avg ≈-10.2 ≈-10.2 · ·
P/S 2.85Y avg ≈5.2 ≈5.2 · ·
P/B 1.95Y avg ≈2.4 ≈2.4 · ·
Price / FCF -14.35Y avg ≈-85.0 ≈-85.0 · ·
Price / Cash Flow -15.55Y avg ≈32.4 ≈32.4 · ·
Price / Tangible Book 2.05Y avg ≈2.5 ≈2.5 · ·

Peer median is calculated on a standardized basis per metric and may not always match the TTM/MRQ basis shown for this stock.

value · ≈ 5Y avg · industry median · verdict relative to median

Earnings History EPS actual vs estimate, surprise %, beat rate, next earnings date

14
Avg Surprise 6.7%
Next Report Nov 10, 2026
PeriodReportEPS ActualEPS EstSurprise
June 30, 2026 Aug 12, 2026 $-0.04 $-0.04 -0.76%
March 31, 2026 May 13, 2026 $-0.05 $-0.06 21.4%
Dec. 31, 2025 $-0.04 $-0.04 -1.0%
Sept. 30, 2025 $-0.04 $-0.07 38.6%
June 30, 2025 $-0.04 $-0.03 -19.0%
March 31, 2025 $-0.03 $-0.03 0.99%

Full Fundamentals All metrics by year — income statement, balance sheet, cash flow

15
Income Statement 17
Metric Trend 202520242023202220212020
Revenue $71M$58M$84M$91M$71M$57M
Cost of Revenue $27M$24M$32M$27M$20M$13M
Gross Profit $44M$34M$53M$63M$51M$43M
R&D Expense $43M$40M$48M$58M$47M$45M
SG&A Expense $14M$16M$14M$17M$17M$8M
Operating Expenses $78M$76M$80M$92M$78M$66M
Operating Income $-34M$-41M$-27M$-28M$-27M$-23M
Interest Income $4M$6M$7M$2M$311.0K·
Other Non-op $-109.0K$-57.0K$46.0K$309.0K$-31.0K·
Pretax Income $-31M$-37M$-20M$-27M$-26M$-19M
Income Tax $158.0K$96.0K$112.0K$451.0K$407.0K$164.0K
Net Income $-32M$-37M$-20M$-28M$-27M$-20M
EPS (Basic) $-0.31$-0.35$-0.19$-0.28$-1.15$-3.25
EPS (Diluted) $-0.31$-0.35$-0.19$-0.28$-1.15$-3.25
Shares (Basic) 103,142,173105,477,191101,985,93997,820,78233,031,20510,448,218
Shares (Diluted) 103,142,173105,477,191101,985,93997,820,78233,031,20510,448,218
EBITDA $-34M$-39M$-27M$-28M$-27M·
Balance Sheet 28
Metric Trend 202520242023202220212020
Cash & Equivalents $28M$35M$17M$20M$57M$26M
Short-term Investments $65M$96M$125M$128M··
Receivables $10M$8M$15M$12M$7M$9M
Inventory $10M$10M$14M$24M$9M$3M
Prepaid Expense $5M$4M$4M$5M$8M$2M
Other Current Assets ····$1M$625.0K
Current Assets $119M$154M$175M$189M$199M$76M
PP&E (Net) $3M$4M$3M$3M$3M$2M
PP&E (Gross) $15M$14M$11M$10M$8M$7M
Accum. Depreciation $12M$10M$8M$7M$5M$4M
Goodwill $2M$2M····
Intangibles $4M$5M····
Other Non-current Assets $632.0K$687.0K$708.0K$535.0K$828.0K$435.0K
Total Assets $135M$172M$181M$196M$203M$79M
Accounts Payable ····$4M$2M
Accrued Liabilities ···$142.0K··
Current Liabilities $23M$20M$16M$25M$16M$11M
Capital Leases $7M$7M$190.0K$2M··
Other Non-current Liabilities ····$46.0K$45.0K
Total Liabilities $30M$29M$16M$28M$20M$12M
Common Stock $49.0K$49.0K$49.0K$49.0K$49.0K$40.0K
Paid-in Capital ··$342M$325M$312M$21M
Retained Earnings $-246M$-214M$-177M$-158M$-130M$-103M
Treasury Stock $10M$2M····
AOCI $429.0K$601.0K····
Stockholders' Equity $105M$143M$164M$167M$182M$-82M
Liabilities + Equity $135M$172M$181M$196M$203M$79M
Shares Outstanding 103,050,266106,342,415103,154,39698,876,26697,122,40510,795,372
Cash Flow 13
Metric Trend 202520242023202220212020
D&A $3M$3M$2M$1M··
Stock-based Comp $17M$15M$15M$12M$10M$5M
Amort. of Intangibles $941.0K$548.0K····
Other Non-cash ·$20M····
Operating Cash Flow $-13M$1M$-6M$-22M$-22M$-20M
CapEx $1M$2M$1M$1M$1M$861.0K
Investing Cash Flow $28M$18M$1M$-12M$-84M$28M
Stock Repurchased $24M$1M····
Net Stock Activity $-24M$-1M····
Financing Cash Flow $-23M$-155.0K$1M$822.0K$135M$406.0K
Net Change in Cash $-8M$18M$-3M$-37M$30M$11M
Taxes Paid $163.0K$122.0K$293.0K···
Free Cash Flow $-14M$-848.0K$-8M$-23M$-23M·
Profitability 8
Metric Trend 202520242023202220212020
Gross Margin 62.4%59.2%62.5%69.9%71.6%·
Operating Margin -48.2%-71.5%-32.0%-31.3%-38.3%·
Net Margin -44.7%-63.2%-23.4%-30.5%-37.5%·
Pretax Margin -44.5%-63.1%-23.2%-30.0%-37.0%·
EBITDA Margin -48.2%-67.0%-32.0%-31.3%-38.3%·
ROA -20.6%-20.7%-10.4%-13.9%-18.8%·
ROE -25.5%-23.8%-11.8%-15.8%-53.1%·
ROIC -32.6%-29.0%-16.5%-17.2%-15.1%·
Liquidity & Solvency 2
Metric Trend 202520242023202220212020
Current Ratio 5.27.611.07.612.7·
Quick Ratio 4.56.89.81.34.1·
Efficiency 3
Metric Trend 202520242023202220212020
Asset Turnover 0.50.30.40.50.5·
Inventory Turnover 2.62.01.71.63.2·
Receivables Turnover 8.05.26.49.79.0·
Per Share 5
Metric Trend 202520242023202220212020
Book Value / Share $1.02$1.34$1.59$1.72$1.88·
Revenue / Share $0.68$0.55$0.83$0.93··
Cash Flow / Share $-0.12$0.01$-0.06$-0.23··
Cash / Share $0.27$0.33$0.17$0.21$0.58·
EPS (TTM) $-0.31$-0.35$-0.19$-0.28$-1.15·
Valuation (TTM) 10
Metric Trend 202520242023202220212020
Revenue TTM $71M$58M$84M$91M$71M·
Net Income TTM $-32M$-37M$-20M$-28M$-27M·
Market Cap $146M$276M$253M$522M$748M·
P/E -4.6-7.4-12.9-19.2-6.7·
P/S 2.14.83.05.710.6·
P/B 1.41.91.53.14.1·
P / Tangible Book 1.52.01.53.14.1·
P / Cash Flow -11.5271.3-39.7-23.6-34.6·
P / FCF -10.6-326.0-33.5-22.5-32.4·
Earnings Yield -21.8%-13.5%-7.8%-5.2%-14.9%·

Most recent period on the left · null values shown as ·

Financial Statements Income statement, balance sheet, cash flow — annual, last 5 years

16
Metric 2025-12-312024-12-312023-12-312022-12-312021-12-31
Revenue $71M $58M $84M $91M $71M
Gross Margin % 62.4% 59.2% 62.5% 69.9% 71.6%
Operating Margin % -48.2% -71.5% -32.0% -31.3% -38.3%
Net Income $-32M $-37M $-20M $-28M $-27M
Diluted EPS $-0.31 $-0.35 $-0.19 $-0.28 $-1.15

Institutional owners (13F) 66 filers · $147.6M total · As of June 30, 2026

17

Institutions that report holding this stock in their quarterly SEC Form 13F. Long positions only; a single filer may appear twice for separate option legs. Large offsetting put/call legs typically reflect market-making or hedged inventory, not directional conviction.

Holders 66
Value held $147.6M
New positions 23
Exited positions 12
Institutional activity — Q2 2026 vs prior quarter
New positions Exited positions Increased Decreased Net shares change
23 (+9 vs prior Q) 12 (+3 vs prior Q) 22 (+7 vs prior Q) 8 (-4 vs prior Q) +8.8M

Compared to Q1 2026. SEC Form 13F filings are due within 45 days of quarter-end plus a short buffer for late filers — quarters still inside that window are skipped in favor of the most recent fully-reported pair.

Institution Value Shares % of tracked 13F Type
St. Louis Trust Co $50,706,509 58,774 34.36% Shares
Value Base Ltd. $48,571,744 21,491,922 32.92% Shares
IGP Investments (G.P.L.P), LP $6,246,724 3,489,790 4.23% Shares
MARSHALL WACE, LLP $5,426,582 2,401,143 3.68% Shares
STATE STREET CORP $5,002,939 2,213,690 3.39% Shares
AMERIPRISE FINANCIAL INC $3,801,415 1,682,042 2.58% Shares
RENAISSANCE TECHNOLOGIES LLC $3,318,198 1,468,229 2.25% Shares
ARK Investment Management LLC $3,192,408 1,412,570 2.16% Shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP $3,138,688 1,388,800 2.13% Call option
TWO SIGMA INVESTMENTS, LP $2,196,456 971,883 1.49% Shares
HERALD INVESTMENT MANAGEMENT Ltd $2,147,000 950,000 1.46% Shares
MILLENNIUM MANAGEMENT LLC $1,577,037 697,804 1.07% Shares
JANE STREET GROUP, LLC $1,362,297 602,786 0.92% Shares
PEAK6 LLC $1,310,321 579,788 0.89% Shares
Mitsubishi UFJ Asset Management Co., Ltd. $1,184,502 524,116 0.80% Shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP $920,272 407,200 0.62% Put option
Phoenix Financial Ltd. $761,134 336,785 0.52% Shares
Man Group plc $593,024 262,400 0.40% Shares
Qube Research & Technologies Ltd $437,172 193,439 0.30% Shares
Migdal Insurance & Financial Holdings Ltd. $405,932 179,616 0.28% Shares
NORTHERN TRUST CORP $403,078 178,353 0.27% Shares
UBS Group AG $396,888 175,614 0.27% Shares
JANE STREET GROUP, LLC $350,752 155,200 0.24% Put option
CITADEL ADVISORS LLC $298,546 132,100 0.20% Put option
MORGAN STANLEY $297,145 131,480 0.20% Shares
TWO SIGMA ADVISERS, LP $288,970 203,500 0.20% Shares
TUDOR INVESTMENT CORP ET AL $288,376 127,600 0.20% Call option
Caption Management, LLC $242,046 107,100 0.16% Call option
XTX Topco Ltd $225,195 99,644 0.15% Shares
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP $222,694 98,537 0.15% Shares
CITADEL ADVISORS LLC $214,716 95,007 0.15% Shares
Point72 Asset Management, L.P. $212,634 94,086 0.14% Shares
Quadrature Capital Ltd $188,909 83,588 0.13% Shares
Centiva Capital, LP $182,260 80,646 0.12% Shares
JANE STREET GROUP, LLC $182,156 80,600 0.12% Call option
SIMPLEX TRADING, LLC $158,322 70,054 0.11% Shares
CITADEL ADVISORS LLC $135,600 60,000 0.09% Call option
IMC-Chicago, LLC $123,188 54,508 0.08% Shares
Squarepoint Ops LLC $103,142 45,638 0.07% Shares
FIRST MANHATTAN CO. LLC. $98,215 43,458 0.07% Shares
AXQ CAPITAL, LP $85,819 37,973 0.06% Shares
Vontobel Holding Ltd. $75,260 33,301 0.05% Shares
Cubist Systematic Strategies, LLC $65,152 36,398 0.04% Shares
Caption Management, LLC $51,985 23,002 0.04% Shares
T3 Companies, LLC $50,850 22,500 0.03% Shares
SIG BROKERAGE, LP $45,096 19,954 0.03% Shares
Balyasny Asset Management L.P. $44,766 19,808 0.03% Shares
Cerity Partners LLC $39,550 17,500 0.03% Shares
Founders Capital Management $31,640 14,000 0.02% Shares
Engineers Gate Manager LP $30,275 13,396 0.02% Shares

Show all 66 institutional owners →

Activists & 5%+ owners 1 position

18

Investors who filed SEC Schedule 13D — beneficial ownership above 5% with an intent to influence the issuer (activist stakes, board campaigns, M&A). Each row shows the most recent known state of that filer's position.

Filer Filed Stake Status Purpose Filing
Value Base Ltd., Value Base Fund Management Ltd. for Value Base Fund General Partner Ltd., acting as the general partner to Value Base Fund Limited Partnership, Value Base Invest Management Ltd., acting for itself and as the general partner to Value Base Fund Invest 1, Limited Partnership, Ido Nouberger, Victor Shamrich, Tal Yaacobi ×4 filings Nov. 24, 2025 20.79% Amendment · SEC

Purpose is an automated classification of the filer's own stated purpose (SEC Item 4) — not investment advice. "—" means no clear purpose was stated or the text could not be classified.

Company insiders 7 insiders · 3 officers · 4 directors

19
Insider Role Last activity Shares owned Buys 12m Sells 12m Net 12m
Haine Yael Rozenberg VP Finance Aug. 7, 2026 S 137,317 0 6 $-57,915
David Chairman SVP, R&D June 15, 2026 M 403,968 0 8 $-50,296
Amir Boim SVP, Operations and PMO May 29, 2026 M 403,968 0 2 $-35,208
Tal Yaacobi Director July 14, 2026 S 68,498 0 4 $-17,674
Moshe Lichtman Director July 14, 2026 S 122,700 0 2 $-13,012
Toledano - Adi Yarel Director May 29, 2026 M 164,253 0 5 $-224,032
Zvi Gideon Ben Director May 12, 2026 D 522,548 0 0 $0

Insiders from SEC Form 3/4/5 filings; net = open-market P/S only

VLN Analyst Consensus Bullish and bearish analyst opinions, 12-month price target, upside

21
rating · 6 analysts BUY
Median target $4.00 +109.4%
2 33.3% Strong Buy
3 50.0% Buy
1 16.7% Hold
0 0.0% Sell
0 0.0% Strong Sell

12-Month Price Target

2 analysts · 2026-09-20

Mean target $4.00 +109.4%

Low$4.00 Mean$4.00 High$4.00

Peer comparison (GICS sub-industry) Key metrics vs sector peers

22

FY basis, prices as of each company's last fiscal year-end close.

Ticker Market Cap P/E Rev YoY Net Margin ROE Gross Margin
VLN $146M -4.6 · -44.7% -25.5% 62.4%
TSEM $13.21B 60.5 · 14.1% 7.9% 23.2%

Latest News Recent headlines mentioning this company

23
Full Transcript: Valens Semiconductor Q1 2026 Earnings Call Yahoo Finance · 4 months, 2 weeks ago

My Metrics Your personal watchlist — selected rows from Full Fundamentals

26

Pick the metrics that matter to you — click the + next to any row in Full Fundamentals above.

Your selection is saved and follows you across all tickers.

Source: SEC 20-F/A filed May 13, 2026