VinFast Auto Ltd. (VFS)
Market Cap | 9.64B |
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 | 747,412 |
Open | 4.120 |
Previous Close | 4.120 |
Day's Range | 4.090 - 4.180 |
52-Week Range | 2.255 - 6.420 |
Beta | 1.19 |
Analysts | Strong Buy |
Price Target | 9.00 (+118.45%) |
Earnings Date | Feb 20, 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]
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 StatementsAnalyst Forecast
According to 4 analysts, the average rating for VFS stock is "Strong Buy." The 12-month stock price forecast is $9.0, which is an increase of 118.45% from the latest price.
News
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...
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 ...
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...
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...
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...
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.
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...
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...
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.
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...
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...
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...
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...
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...
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 ...
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,...
VINFAST AND DURANGO DRIVERS' UNION SIGN STRATEGIC MOU ON GREEN TRANSITION OF PUBLIC TRANSPORT IN MEXICO
HANOI, Vietnam , Nov. 4, 2024 /PRNewswire/ -- VinFast and the Durango Drivers' Union in Mexico signed a Memorandum of Understanding (MOU) to collaborate on the green transition of public transport, ...
VinFast secures $1 billion funding—should you buy VFS shares?
VinFast Auto Ltd (NASDAQ: VFS) is in focus today following a report that it has signed an agreement with a group of Emirati investors led by Emirates Driving Co. The news is significant for shares of ...
VINFAST OFFICIALLY LAUNCHES IN THE MIDDLE EAST
DUBAI, UAE, Oct. 29, 2024 /PRNewswire/ -- At Bluewaters Island ( Dubai), VinFast Auto held the official brand launch event in the Middle Eastern market, showcasing a variety of smart and green mobil...
VinFast's third-quarter deliveries jump on robust domestic demand
Vietnamese EV maker VinFast said on Tuesday it delivered 21,912 electric vehicles in the third quarter, up 66% from the sequentially previous quarter.
VinFast Charts a Customer-Focused Course as EV Incentives Fade Away
MARKHAM, Ontario--(BUSINESS WIRE)--The electric vehicle (EV) industry is at a crossroads as government incentives fade and consumer priorities shift. Automaker VinFast is proactively adapting to a new...
An Investigation Has Commenced on Behalf of VinFast Auto Ltd. Shareholders.
NEW YORK, NY / ACCESSWIRE / September 27, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of VinFast Auto Ltd. ("VinFast Auto Ltd.
VinFast: Sell This EV Laggard
VinFast's Q2 results were disappointing, with a significant revenue miss and negative gross margins, highlighting ongoing financial struggles and declining average selling prices. The company's balanc...
VINFAST REPORTS UNAUDITED SECOND QUARTER 2024 FINANCIAL RESULTS
SINGAPORE , Sept. 20, 2024 /PRNewswire/ -- VinFast Auto Ltd.
VinFast Auto Ltd. (VFS) Q2 2024 Earnings Call Transcript
VinFast Auto Ltd. (NASDAQ:VFS) Q2 2024 Earnings Conference Call September 20, 2024 8:00 AM ET Company Participants Nhi Nguyen - Investor Relations Le Thi Thu Thuy - Chairwoman Nguyen Thi Lan Anh - Ch...