Velan Inc. Reports $3 Million Net Income in Q3, Significant Year-over-Year Improvement
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1h ago
0mins
Source: Globenewswire
- Slight Sales Decline: Velan's Q3 sales totaled $71.7 million, a 2.4% decrease from $73.4 million last year, primarily due to reduced shipments from Italian operations, although sales from India and Germany showed growth, indicating market diversification potential.
- Significant Net Income Rebound: The company reported a net income of $3 million in Q3, or $0.14 per share, a stark contrast to last year's net loss of $47.8 million, reflecting successful execution of high-margin projects and tight management of operating expenses.
- Strong Backlog Growth: As of November 30, 2025, Velan's backlog reached $296.8 million, an 8% increase since the beginning of the fiscal year, including a $20 million CAD contract from Ontario Power Generation, reinforcing its leadership position in the nuclear sector.
- Robust Liquidity Position: As of November 30, 2025, the company had approximately $86 million in liquidity and a net cash position of $20.2 million, ensuring the ability to invest in future expansion opportunities despite increased working capital requirements.
Analyst Views on VLN
Wall Street analysts forecast VLN stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for VLN is 3.33 USD with a low forecast of 3.00 USD and a high forecast of 4.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
3 Analyst Rating
3 Buy
0 Hold
0 Sell
Strong Buy
Current: 2.340
Low
3.00
Averages
3.33
High
4.00
Current: 2.340
Low
3.00
Averages
3.33
High
4.00
About VLN
Valens Semiconductor Ltd is an Israel-based company which is active in semiconductor industry. The Company is mainly engaged in providing digital connectivity solutions for the audio-video and automotive markets. Its Emmy HDBaseT technology chipsets integrated into the HDBaseT-enabled products in the professional audio-video markets. Its HDBaseT solutions for the audio-video market, which delivers plug-and-play convergence and distribution of different interfaces. Its HDBaseT enables the delivery of ultra-high-definition digital video and audio, Ethernet, control signals, universal serial bus (USB) and power through a single cable.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
