Israel's Valens Semiconductor Q2 revenue beats estimates, lifts 2026 outlook

Valens Semiconductor

12/08/2026 11:40

Overview
Israel connectivity chipset maker's Q2 revenue rose, beating analyst expectations
Adjusted loss per share for Q2 met analyst consensus
Company raised full-year 2026 revenue guidance, citing strong customer demand

Outlook
Valens Semiconductor sees Q3 2026 revenue between $21.3 mln and $21.7 mln
Company expects Q3 2026 gross margin of 60.0% to 62.0%
Valens Semiconductor raises full-year 2026 revenue guidance to $78.0 mln-$81.0 mln

Result Drivers
CROSS-INDUSTRY BUSINESS GROWTH - Revenue from the Cross-Industry Business segment rose to $13.1 mln, up from $11.0 mln in Q1 and $12.8 mln in Q2 2025
AUDIO-VIDEO SEGMENT DEMAND - Co said its Audio-Video segment remained the foundation of the business, with strong customer adoption and new product bookings
AUTOMOTIVE SEGMENT MARGIN PRESSURE - Automotive gross margin fell due to additional testing facility expenses to support production requirements

Company press release: ID:nPn5jlh80a

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
Beat
$18.11 mln
$17.40 mln (3 Analysts)
Q2 Adjusted Loss Per Share
Meet
$0.04
$0.04 (3 Analysts)
Q2 Net Loss
 
$8.05 mln
 
Q2 Adjusted EBITDA
Beat
-$4.23 mln
-$4.65 mln (2 Analysts)
Q2 Pretax Loss
Miss
$8.03 mln
$5.27 mln (3 Analysts)
Q2 Adjusted Gross Margin
 
64.30%
 
Q2 Operating Expenses
 
-$19.09 mln
 

Analyst Coverage
The current average analyst rating on the shares is "strong buy" and the breakdown of recommendations is 2 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"
The average consensus recommendation for the semiconductors peer group is "buy."
Wall Street's median 12-month price target for Valens Semiconductor Ltd is $4.00, about 138.1% above its August 11 closing price of $1.68

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Aug 10 - Israel's Camtek Q2 revenue beats on increased AI compute demand
Aug 10 - Ceva Q2 revenue beats analyst estimates on AI demand
Aug 11 - Silicon Labs Q2 revenue rises on segment growth; co suspends guidance on pending acquisition

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)