VALN (VALN)

$5.78 +1.58% on the day Market cap $574M 52-week range $4.75 to $12.18 Prices as of Oct 11, 2026

What the price implies

A reverse DCF: instead of guessing a fair value, it asks what growth today's price already assumes. How it works.

VALN's free cash flow was negative in fiscal 2025, so a cash-flow reverse DCF doesn't give a meaningful answer. The Modeling tab works from revenue and margins instead.

Fundamental grade

F

Five factors scored 1 to 9 from VALN's latest numbers, weighted into one grade. It describes the business, not whether the stock is a buy.

Profitability1
Growth0
Financial health4
Cash efficiency0

Results from SEC filings

Fiscal years, from VALN's 10-K filings. Ten years of the full income statement, balance sheet and cash flow.

Fiscal year20212022202320242025
Revenue$348M$361M$154M$170M$175M
Net income-$61M-$143M-$101M-$12M-$115M
Free cash flow-$16M-$275M-$217M-$84M-$57M
EPS (diluted)-$0.75-$1.24-$0.73-$0.08-$0.68
Operating margin-17.6%-31.4%-53.4%7.9%-47.0%

Where the revenue comes from

Revenue by segments, fiscal 2022. Every breakdown, year by year.

COVID$310M77%
Commercialized products$85M21%
Vaccine candidates$6M1%

Superinvestors who own VALN

From each investor's latest 13F filing (what a 13F shows).

None of the superinvestors we track held VALN in their latest 13F.

Insider buying

Open-market purchases by VALN's executives and directors in the last 12 months, from SEC Form 4 filings. What insider buying tells you.

No open-market insider purchases of VALN in the last 12 months. Most insider activity is selling and option exercises, which aren't shown here.

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In the full deep dive

DCF fair value per share
Yearly return (IRR) at today's price
Growth implied by revenue and margins
15+ years of statements and quarters

Questions

Are VALN insiders buying the stock?

No open-market insider purchases of VALN in the last 12 months, according to SEC Form 4 filings.

Prices and ratios as of Oct 11, 2026; statements from SEC filings. Information only, not investment advice. Superinvestor holdings come from 13F filings, which are filed up to 45 days after each quarter ends.