Valens Semiconductor stock dips in premarket after 59% spike; VA7000 ADAS win still in focus
Valens Semiconductor shares fell 4.4% to $2.37 in premarket trading Monday, retracing part of Friday’s 59% surge after news of a new automotive design win. The company expects production tied to the win to start in 2027. Options activity shows a bullish tilt, while analysts tracked by MarketScreener average a $3.75 price target. Valens last reported a $7.3 million quarterly net loss with $93.5 million in cash and no debt.