Tearsheet

Valens Semiconductor (VLN)


Market Price (11/18/2025): $1.525 | Market Cap: $157.9 Mil
Sector: Information Technology | Industry: Semiconductors

Valens Semiconductor (VLN)


Market Price (11/18/2025): $1.525
Market Cap: $157.9 Mil
Sector: Information Technology
Industry: Semiconductors

Investment Highlights Why It Matters Which of these 2 stories sounds closer for this stock?

1. Generates cash flow

The stock generated 4% or more of the share price (called cash flow yield), and shows moderate 10-15% or more growth.

2. Riding a trend

Think Tesla during the pandemic of 2020 when EVs were riding a cultural high, or Nvidia in the current AI boom, or even Figma. These companies don’t have enough yield, or, enough growth, or both - however - they are riding a trend. They have momentum. These can be more volatile - they don’t have the floor of strong cash flow


0 Cash is significant % of market cap
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -59%
Weak multi-year price returns
2Y Excs Rtn is -76%, 3Y Excs Rtn is -129%
Not profitable at operating income level
Op Inc LTMOperating Income, Last Twelve Months is -38 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -57%
1 Megatrend and thematic drivers
Megatrends include Electric Vehicles & Autonomous Driving, Autonomous Technologies, and Automation & Robotics. Themes include Autonomous Driving Technology, Show more.
  Weak revenue growth
Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -4.6%
2   Not cash flow generative
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -7.8%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -11%
3   Yield minus risk free rate is negative
ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -25%
0 Cash is significant % of market cap
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -59%
1 Megatrend and thematic drivers
Megatrends include Electric Vehicles & Autonomous Driving, Autonomous Technologies, and Automation & Robotics. Themes include Autonomous Driving Technology, Show more.
2 Weak multi-year price returns
2Y Excs Rtn is -76%, 3Y Excs Rtn is -129%
3 Not profitable at operating income level
Op Inc LTMOperating Income, Last Twelve Months is -38 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -57%
4 Weak revenue growth
Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -4.6%
5 Not cash flow generative
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -7.8%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -11%
6 Yield minus risk free rate is negative
ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -25%

Market Valuation & Key Metrics

VLN Stock


Why The Stock Moved


Qualitative Assessment

AI Generated Analysis | Feedback

Here are the key points for why Valens Semiconductor (VLN) stock moved by -35% for the approximate time period from July 31, 2025, to today: 1. Continued Unprofitability and Negative Financial Outlook: Valens Semiconductor's financial guidance for Q3 2025, released in early August 2025, projected an adjusted EBITDA loss ranging from $6.8 million to $7.4 million, indicating a continuation of unprofitability. The company also reported a substantial net profit loss of $23.39 million and consistently negative operating and net margins.

2. Stock Reaching New 52-Week Lows: By late October 2025, Valens Semiconductor's stock plummeted to a new 52-week low of USD 1.66, reflecting significant negative market sentiment and selling pressure. As of early November 2025, the stock was trading at $1.59.

Show more

Stock Movement Drivers

Return vs. Risk


Price Returns Compared

 202020212022202320242025Total [1]
Returns
VLN Return--24%-30%-54%6%-40%-85%
Peers Return46%17%-5%13%-4%0%78%
S&P 500 Return16%27%-19%24%23%13%107%

Monthly Win Rates [3]
VLN Win Rate67%58%58%42%58%30% 
Peers Win Rate52%42%32%42%35%47% 
S&P 500 Win Rate58%75%42%67%75%70% 

Max Drawdowns [4]
VLN Max Drawdown--39%-64%-63%-29%-40% 
Peers Max Drawdown-27%-12%-30%-12%-16%-25% 
S&P 500 Max Drawdown-31%-1%-25%-1%-2%-15% 


[1] Cumulative total returns since the beginning of 2020
[2] Peers: QCOM, FSLR, SLAB, POWI, AMBQ.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2025 data is for the year up to 11/17/2025 (YTD)

How Low Can It Go

Unique KeyEventVLNS&P 500
2022 Inflation Shock2022 Inflation Shock  
2022 Inflation Shock% Loss% Loss-82.1%-25.4%
2022 Inflation Shock% Gain to Breakeven% Gain to Breakeven459.7%34.1%
2022 Inflation ShockTime to BreakevenTime to BreakevenNot Fully Recovered days464 days
2020 Covid Pandemic2020 Covid Pandemic  
2020 Covid Pandemic% Loss% Loss-2.0%-33.9%
2020 Covid Pandemic% Gain to Breakeven% Gain to Breakeven2.1%51.3%
2020 Covid PandemicTime to BreakevenTime to Breakeven8 days148 days

Compare to QCOM, FSLR, SLAB, POWI, AMBQ


In The Past

Valens Semiconductor's stock fell -82.1% during the 2022 Inflation Shock from a high on 11/9/2021. A -82.1% loss requires a 459.7% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth over time.

Asset Allocation

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About Valens Semiconductor (VLN)

Better Bets than Valens Semiconductor (VLN)

Latest Trefis Analyses

Title
0ARTICLES

Trade Ideas

Select past ideas related to VLN. For more, see Trefis Trade Ideas.

Unique KeyDateTickerCompanyCategoryTrade Strategy6M Fwd Rtn12M Fwd Rtn12M Max DD
ZBRA_10312025_Dip_Buyer_FCFYield10312025ZBRAZebra TechnologiesDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin
-13.6%-13.6%-13.6%
ACN_10312025_Dip_Buyer_ValueBuy10312025ACNAccentureDip BuyDB | P/E OPMDip Buy with Low PE and High Margin
Buying dips for companies with tame PE and meaningfully high operating margin
-3.5%-3.5%-3.5%
ADBE_10312025_Dip_Buyer_ValueBuy10312025ADBEAdobeDip BuyDB | P/E OPMDip Buy with Low PE and High Margin
Buying dips for companies with tame PE and meaningfully high operating margin
-4.5%-4.5%-4.5%
TXN_10312025_Monopoly_xInd_xCD_Getting_Cheaper10312025TXNTexas InstrumentsMonopolyMY | Getting CheaperMonopoly-Like with P/S Decline
Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple
-4.0%-4.0%-4.0%
MRVL_10242025_Monopoly_xInd_xCD_Getting_Cheaper10242025MRVLMarvell TechnologyMonopolyMY | Getting CheaperMonopoly-Like with P/S Decline
Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple
-0.8%-0.8%-0.8%
Unique KeyDateTickerCompanyCategoryTrade Strategy6M Fwd Rtn12M Fwd Rtn12M Max DD
ZBRA_10312025_Dip_Buyer_FCFYield10312025ZBRAZebra TechnologiesDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin
-13.6%-13.6%-13.6%
ACN_10312025_Dip_Buyer_ValueBuy10312025ACNAccentureDip BuyDB | P/E OPMDip Buy with Low PE and High Margin
Buying dips for companies with tame PE and meaningfully high operating margin
-3.5%-3.5%-3.5%
ADBE_10312025_Dip_Buyer_ValueBuy10312025ADBEAdobeDip BuyDB | P/E OPMDip Buy with Low PE and High Margin
Buying dips for companies with tame PE and meaningfully high operating margin
-4.5%-4.5%-4.5%
TXN_10312025_Monopoly_xInd_xCD_Getting_Cheaper10312025TXNTexas InstrumentsMonopolyMY | Getting CheaperMonopoly-Like with P/S Decline
Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple
-4.0%-4.0%-4.0%
MRVL_10242025_Monopoly_xInd_xCD_Getting_Cheaper10242025MRVLMarvell TechnologyMonopolyMY | Getting CheaperMonopoly-Like with P/S Decline
Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple
-0.8%-0.8%-0.8%

Recent Active Movers

Recent Active Movers

More From Trefis

Peer Comparisons for Valens Semiconductor

Financials

VLNQCOMFSLRSLABPOWIAMBQMedian
NameValens S.Qualcomm First So.Silicon .Power In.Ambiq Mi. 
Mkt Price1.56166.75253.54117.4232.2924.2674.86
Mkt Cap0.2179.827.23.91.8-3.9
Rev LTM6744,2844,34374344669594
Op Inc LTM-3812,3941,362-965-38-16
FCF LTM-712,820-9437480-2133
FCF 3Y Avg-911,277-557-165--1
CFO LTM-514,01229997100-1699
CFO 3Y Avg-812,5047621985-85

Growth & Margins

VLNQCOMFSLRSLABPOWIAMBQMedian
NameValens S.Qualcomm First So.Silicon .Power In.Ambiq Mi. 
Rev Chg LTM8.7%13.7%15.4%47.1%10.5%-13.7%
Rev Chg 3Y Avg-4.6%1.2%20.6%-0.7%-12.3%--0.7%
Rev Chg Q25.5%10.0%8.6%23.8%2.7%-10.0%
QoQ Delta Rev Chg LTM5.5%2.4%2.0%5.6%0.7%-2.4%
Op Mgn LTM-56.8%28.0%31.3%-12.9%1.2%-54.6%-5.9%
Op Mgn 3Y Avg-47.1%25.9%22.9%-15.6%5.4%-5.4%
QoQ Delta Op Mgn LTM4.9%-0.2%-0.9%3.2%-3.5%--0.2%
CFO/Rev LTM-7.8%31.6%6.9%13.1%22.5%-22.6%10.0%
CFO/Rev 3Y Avg-8.7%31.5%21.7%2.8%19.4%-19.4%
FCF/Rev LTM-10.9%28.9%-21.7%9.9%17.9%-29.7%-0.5%
FCF/Rev 3Y Avg-10.6%28.4%-14.8%0.1%14.8%-0.1%

Valuation

VLNQCOMFSLRSLABPOWIAMBQMedian
NameValens S.Qualcomm First So.Silicon .Power In.Ambiq Mi. 
Mkt Cap0.2179.827.23.91.8-3.9
P/S2.44.16.35.24.0-4.1
P/EBIT-4.913.519.7-46.9337.5-13.5
P/E-4.932.421.6-44.8100.4-21.6
P/CFO-31.112.891.039.518.0-18.0
Total Yield-20.5%5.2%4.6%-2.2%3.6%-3.6%
Dividend Yield0.0%2.1%0.0%0.0%2.6%-0.0%
FCF Yield 3Y Avg-3.4%7.0%-2.6%-0.1%2.2%--0.1%
D/E0.00.10.00.00.0-0.0
Net D/E-0.60.0-0.0-0.1-0.1--0.1

Returns

VLNQCOMFSLRSLABPOWIAMBQMedian
NameValens S.Qualcomm First So.Silicon .Power In.Ambiq Mi. 
1M Rtn-8.8%2.0%9.4%-13.7%-29.0%-20.1%-11.3%
3M Rtn-30.0%5.5%15.6%-11.2%-29.9%-37.1%-20.6%
6M Rtn-36.3%9.8%53.7%-8.1%-38.1%--8.1%
12M Rtn-18.3%6.2%33.1%16.9%-45.4%-6.2%
3Y Rtn-59.8%44.3%52.2%-16.5%-57.5%--16.5%
1M Excs Rtn-8.9%1.9%9.2%-13.9%-29.1%-20.2%-11.4%
3M Excs Rtn-27.6%3.3%16.1%-15.5%-34.3%-36.8%-21.5%
6M Excs Rtn-48.2%-2.1%41.8%-20.0%-49.9%--20.0%
12M Excs Rtn-25.8%-5.2%27.7%-0.6%-59.7%--5.2%
3Y Excs Rtn-129.5%-20.6%-7.2%-83.9%-125.1%--83.9%

Financials

Price Behavior

Short Interest

Short Interest: As Of Date10312025
Short Interest: Shares Quantity398,742
Short Interest: % Change Since 1015202525.3%
Average Daily Volume706,900
Days-to-Cover Short Interest1
Basic Shares Quantity103,551,779
Short % of Basic Shares0.4%

SEC Filings

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Report DateFiling DateFiling
630202580620256-K 6/30/2025
331202550720256-K 3/31/2025
12312024226202520-F 12/31/2024
9302024110620246-K 9/30/2024
630202480720246-K 6/30/2024
331202450820246-K 3/31/2024
12312023228202420-F 12/31/2023
9302023110820236-K 9/30/2023
630202380920236-K 6/30/2023
331202351020236-K 3/31/2023
12312022301202320-F 12/31/2022
9302022110920226-K 9/30/2022
6302022100620226-K 6/30/2022
331202251120226-K 3/31/2022
12312021302202220-F 12/31/2021
9302021111220216-K 9/30/2021

Insider Activity

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