Valens is trading 11.9% up now at $1.88 after reporting second-quarter results and raising 2026 revenue guidance to $78 million–$81 million from $75 million–$77 million.
- Management forecast third-quarter revenue of $21.3 million–$21.7 million; adjusted EBITDA losses improved versus guidance.
- Investors appear focused on stronger visibility, automotive momentum and the raised outlook despite continued losses.
- Semiconductor-sector strength, with SOXX up 3.42%, is providing additional support, but the earnings update is the primary catalyst.