VinFast Auto Ltd. (VFS)

NASDAQ: VFS · Real-Time Price · USD
3.720
+0.050 (1.36%)
At close: May 9, 2025, 4:00 PM
3.700
-0.020 (-0.54%)
After-hours: May 9, 2025, 6:56 PM EDT
1.36%
Market Cap 8.70B
Revenue (ttm) 1.73B
Net Income (ttm) -3.03B
Shares Out 2.34B
EPS (ttm) -1.30
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 590,385
Open 3.700
Previous Close 3.670
Day's Range 3.670 - 3.820
52-Week Range 2.560 - 6.420
Beta 1.23
Analysts Strong Buy
Price Target 8.17 (+119.62%)
Earnings Date May 16, 2025

About VFS

VinFast Auto Ltd. engages in the design and manufacture of electric vehicles (EV), e-scooters, and e-buses in Vietnam, Canada, and the United States. The company operates through three segments: namely Car, E-scooters and Ebus. It offers the design, development, manufacturing and sales of e-scooters and related battery lease and battery charging service for cars, e-scooters, and Ebus. The company also offers electric SUV, mini car EV, mid-size pickup electric truck, 7-seater MPV, E-bus, E-scooter, electric bike, and battery technology and solut... [Read more]

Founded 2017
Employees 13,953
Stock Exchange NASDAQ
Ticker Symbol VFS
Full Company Profile

Financial Performance

In 2024, VinFast Auto's revenue was 44.02 trillion, an increase of 57.87% compared to the previous year's 27.88 trillion. Losses were -77,265.36 billion, 28.4% more than in 2023.

Financial numbers in VND Financial Statements

Analyst Forecast

According to 4 analysts, the average rating for VFS stock is "Strong Buy." The 12-month stock price forecast is $8.17, which is an increase of 119.62% from the latest price.

Price Target
$8.17
(119.62% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

VinFast to Return to Montreal Electric Vehicle Show

MARKHAM, Ontario--(BUSINESS WIRE)--VinFast announced its participation in the Montreal Electric Vehicle Show (MEVS) 2025, taking place from May 2–4, 2025, at booth #364, IGA Stadium. In its second app...

12 days ago - Business Wire

VinFast Auto Ltd. (VFS) Q1 2025 Earnings Call Transcript

VinFast Auto Ltd. (NASDAQ:VFS) Q1 2025 Earnings Conference Call April 24, 2025 8:00 AM ET Company Participants Nhi Nguyen - Investor Relations Le Thi Thu Thuy - Chairwoman of the Board Nguyen Thi Lan...

16 days ago - Seeking Alpha

VinFast Reports Fourth Quarter and Full Year 2024 Financial Results

SINGAPORE , April 24, 2025 /PRNewswire/ -- VinFast Auto Ltd. ("VinFast" or the "Company") (Nasdaq: VFS), a pure-play electric vehicle ("EV") manufacturer with the mission of making EVs accessible to e...

16 days ago - PRNewsWire

Vinfast reports 70% surge in fourth-quarter revenue on higher deliveries

Vietnamese electric-vehicle maker Vinfast reported a 70% jump in fourth-quarter revenue on Thursday, helped by higher deliveries of its electric vehicles.

16 days ago - Reuters

VinFast plans to open India, Indonesia plants this year in pivot to Asia

Vietnamese electric vehicle maker VinFast plans to open a car assembly plant in India by the end of June and another one in Indonesia in October, its chief said on Thursday, as the company shifts its ...

17 days ago - Reuters

VinFast Auto: A High-Risk, High-Reward EV Play

VinFast Auto has seen significant delivery growth, achieving 342% Y/Y in Q4'24, but continues to incur substantial losses. The EV maker is expanding globally and aims to double deliveries in 2025, pot...

6 weeks ago - Seeking Alpha

The EV Revolution Needs More Than Cars, And VinFast Knows It

MARKHAM, Ontario--(BUSINESS WIRE)--VinFast and other industry leaders are proving that the success of electric vehicles depends not just on technology but on building a seamless ownership ecosystem—on...

6 weeks ago - Business Wire

VinFast VF 9 Offers Worry-Free Luxury on Canadian Roads

MARKHAM, Ontario--(BUSINESS WIRE)--As Canada's electric vehicle market matures, consumers are demanding more than just range and performance—they seek reliability, convenience, and premium driving exp...

2 months ago - Business Wire

VinFast plans to install EV charging stations across Indonesia, minister says

Indonesia's investment minister said that Vietnamese electric vehicle maker VinFast planned to install as many as 100,000 charging stations across the country, after President Prabowo Subianto met com...

2 months ago - Reuters

Vingroup signs deal for potential Qatar fund investment of $1 billion in VinFast

Vietnamese conglomerate Vingroup said on Tuesday it had signed a memorandum of understanding with private equity fund JTA Investment Qatar to explore a potential $1 billion investment in the electric ...

2 months ago - Reuters

Professionals and Families Find It All in the VinFast VF 9

MARKHAM, Ontario--(BUSINESS WIRE)--The VinFast VF 9, a luxury all-electric SUV, blends sleek design, long-range capability, and a market-leading warranty, making it a standout choice for professionals...

2 months ago - Business Wire

VinFast speeds up EV deliveries but struggles to sell outside Vietnam

Vietnamese electric vehicle maker VinFast said on Thursday it delivered about 97,000 cars last year, nearly three times as many as in 2023, but sales were almost exclusively in its domestic market.

3 months ago - Reuters

VinFast to Attend the 2025 Canadian International Auto Show

MARKHAM, Ontario--(BUSINESS WIRE)--VinFast is thrilled to announce its participation in the 2025 Canadian International Auto Show (CIAS), held from February 14–23, 2025, at the Metro Toronto Conventio...

3 months ago - Business Wire

EV maker VinFast's losses heap pressure on parent Vingroup as foreign investors sell

Vietnamese conglomerate Vingroup is facing renewed scrutiny on its strategy of backing loss-making electric vehicle maker VinFast , with its shares near multi-year lows as foreign investors sell and i...

3 months ago - Reuters

Canadians Shift Car-Buying Focus: VinFast provides Great Value and Utility

MARKHAM, Ontario--(BUSINESS WIRE)--Facing economic pressures, Canadian car buyers are increasingly prioritizing practicality and affordability. VinFast is responding to this shift by offering competit...

4 months ago - Business Wire

VinFast Brings Industry-leading Warranty to Canadian EV Buyers

MARKHAM, Ontario--(BUSINESS WIRE)--VinFast, a global electric vehicle manufacturer, is aiming to accelerate EV adoption in Canada by offering an industry-leading 10-year warranty. This move addresses ...

5 months ago - Business Wire

EV maker VinFast to build second production plant in Vietnam

Vietnamese electric vehicle (EV) manufacturer VinFast on Sunday announced a plan to build its second domestic production plant that will double its output capacity, saying it is needed to meet increas...

5 months ago - Reuters

VinFast VF 9: Raising the Bar for Electric Family SUVs in Canada

MARKHAM, Ontario--(BUSINESS WIRE)--The VinFast VF 9 is an all-electric, seven-seater SUV poised to redefine the full-size segment in Canada. With its luxurious design, spacious interior, powerful perf...

5 months ago - Business Wire

VinFast Auto: Strong Growth Stock

VinFast Auto reported better-than-expected Q3 earnings, driven by strong EV deliveries, higher revenue, and a narrowing of losses, indicating a path to profitability. The company achieved 49% Y/Y reve...

5 months ago - Seeking Alpha

Vietnamese EV maker Vinfast reports $550 million Q3 loss

Vietnamese electric vehicle manufacturer VinFast reported a net loss of $550 million for the third quarter, less than the same period last year as the firm recorded an uptick in sales.

5 months ago - TechXplore

VinFast Auto Ltd. (VFS) Q3 2024 Earnings Call Transcript

VinFast Auto Ltd. (NASDAQ:VFS) Q3 2024 Earnings Conference Call November 26, 2024 8:00 AM ET Company Participants Nhi Nguyen - IR Le Thi Thu Thuy - Chairwoman Nguyen Thi Lan Anh - CFO Conference Call...

5 months ago - Seeking Alpha

VinFast Reports Unaudited Third Quarter 2024 Financial Results

SINGAPORE , Nov. 26, 2024 /PRNewswire/ -- VinFast Auto Ltd. ("VinFast" or the "Company") (Nasdaq: VFS), a pure-play electric vehicle ("EV") manufacturer with the mission of making EVs accessible to ev...

5 months ago - PRNewsWire

VinFast Stock Is Rising. The EV Maker Marked a Milestone.

Vietnamese electric-vehicle maker VinFast reported a narrower third-quarter loss than what Wall Street had expected, and outsold international rivals in its home country.

5 months ago - Barrons

EV maker VinFast narrows Q3 losses, beats revenue estimates on strong demand

Vietnamese electric vehicle (EV) manufacturer VinFast on Tuesday reported a smaller $550 million net loss for the third quarter compared with a year earlier, helped by lower costs for materials and ra...

5 months ago - Reuters

VinFast Drives Community Support with Food Bank Initiative: Test Drive a VinFast EV, Help Provide 100,000 Meals for Those in Need

TORONTO--(BUSINESS WIRE)--As a partner of Food Banks Canada, VinFast, a leading electric vehicle (EV) brand, is excited to announce its latest initiative to support food banks across Canada. Launching...

6 months ago - Business Wire