Valens Semiconductor shares surged 16.07% in premarket trading after the company raised its full-year 2026 revenue guidance to between $78.0 million and $81.0 million, above the analyst consensus of $75.6 million. The midpoint of $79.5 million represents approximately 13% growth over 2025. Second-quarter revenue reached $18.1 million, slightly below the $18.13 million consensus but up 6.1% year-over-year, while adjusted loss per share of $0.04 met expectations. The company also guided third-quarter revenue to $21.3 million to $21.7 million and an adjusted EBITDA loss of $3.4 million to $2.8 million, improving on the second quarter's $4.2 million loss. Valens ended the quarter with $83.4 million in cash and equivalents.
ValensRaised full-year 2026 revenue guidance above consensus and improved EBITDA loss outlook.
