VinFast Auto Ltd. (VFS)

NASDAQ: VFS · Real-Time Price · USD
3.390
+0.140 (4.31%)
At close: Mar 28, 2025, 4:00 PM
3.330
-0.060 (-1.77%)
After-hours: Mar 28, 2025, 7:44 PM EDT
4.31%
Market Cap 7.93B
Revenue (ttm) 1.52B
Net Income (ttm) -143.18M
Shares Out 2.34B
EPS (ttm) -1.06
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 490,147
Open 3.240
Previous Close 3.250
Day's Range 3.200 - 3.400
52-Week Range 2.255 - 6.420
Beta 1.20
Analysts Strong Buy
Price Target 8.00 (+135.99%)
Earnings Date Apr 24, 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: Automobiles, E-scooter, and Spare Parts & Aftermarket Services. The Automobiles segment offers design, development, manufacturing, and sale of cars and electric buses, and related battery lease and battery charging services for electric cars and buses. The E-scooter segment provides design, development, manufacturing, and sales of e-scooters, and relate... [Read more]

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

Financial Performance

In 2023, VinFast Auto's revenue was 27.90 trillion, an increase of 86.45% compared to the previous year's 14.97 trillion. Losses were -74.77 billion, 14.9% more than in 2022.

Financial numbers in VND Financial Statements

Analyst Forecast

According to 3 analysts, the average rating for VFS stock is "Strong Buy." The 12-month stock price forecast is $8.0, which is an increase of 135.99% from the latest price.

Price Target
$8.0
(135.99% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

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...

2 days 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...

2 days 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...

17 days 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...

19 days 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 ...

26 days 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...

27 days 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.

6 weeks 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...

6 weeks 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...

2 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...

3 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 ...

3 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...

4 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...

4 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...

4 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.

4 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...

4 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...

4 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.

4 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...

4 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...

4 months ago - Business Wire

VINFAST BEGINS U.S. DELIVERIES OF VF 9 ALL-ELECTRIC WITH LIMITED-TIME SPECIAL OFFER

LOS ANGELES , Nov. 19, 2024 /PRNewswire/ -- VinFast Auto has officially commenced delivery of its flagship VF 9 all-electric, 7-passenger, 3-row SUV to U.S. customers. This launch reinforces VinFast's...

4 months ago - PRNewsWire

Green Stock News for November 19, 2024: $GM $AI $MSFT $VFS $EVGO

Welcome to the green stock news brief for Tuesday, November 19th. Here are today's top headlines: General Motors (NYSE: GM) set a record by driving all 20 Super Cruise-enabled models in a hands-free c...

Other symbols: EVGOGMMSFTAI
4 months ago - Green Stock News

VinFast Begins Canadian Deliveries of VF 9 All-Electric

MARKHAM, Ontario--(BUSINESS WIRE)--VinFast Auto has officially commenced delivery of its flagship VF 9 all-electric, 7-passenger, 3-row dual motor all-wheel drive SUV to Canadian customers. This launc...

4 months ago - Business Wire

Loss-making EV firm VinFast to get $3.4 bln more funding from founder, parent company

Nasdaq-listed electric vehicle maker VinFast said on Wednesday it will get a fresh round of funding worth 85 trillion dong ($3.35 billion) from its founder and its parent firm, Vingroup by 2026, when ...

4 months ago - Reuters

The VinFast VF 8 – The Ideal Car for a 'What-If' Family

MARKHAM, Ontario--(BUSINESS WIRE)--In Canada's auto market, the VinFast VF 8 stands out as a mid-size electric vehicle crafted with family needs in mind. Offering spacious interiors, smart technology,...

5 months ago - Business Wire