Valens Semiconductor (VLN) to Release Earnings on Wednesday

Valens Semiconductor (NYSE:VLN) will likely be posting its quarterly earnings results before the market opens on Wednesday, February 26th. Analysts expect Valens Semiconductor to post earnings of ($0.03) per share and revenue of $16.20 million for the quarter. Individual that wish to register for the company’s earnings conference call can do so using this link.

Valens Semiconductor Stock Down 3.4 %

Shares of VLN stock opened at $2.45 on Monday. Valens Semiconductor has a 52-week low of $1.67 and a 52-week high of $3.50. The stock has a market cap of $260.10 million, a PE ratio of -9.78 and a beta of 0.32. The business has a 50-day simple moving average of $2.62 and a 200-day simple moving average of $2.25.

Analysts Set New Price Targets

Separately, ThinkEquity raised Valens Semiconductor to a “strong-buy” rating in a report on Monday, December 2nd.

About Valens Semiconductor

Valens Semiconductor Ltd. engages in the provision of semiconductor products for the audio-video and automotive industries. The company 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.