VinFast Auto Ltd. (VFS)

NASDAQ: VFS · Real-Time Price · USD
4.120
0.00 (0.00%)
Jan 17, 2025, 4:00 PM EST - Market closed
0.00%
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]

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 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.

Price Target
$9.0
(118.45% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

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...

20 days 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 ...

4 weeks 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...

6 weeks 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...

7 weeks 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...

7 weeks 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.

7 weeks 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...

7 weeks 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...

7 weeks 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.

7 weeks 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...

7 weeks 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...

2 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...

2 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
2 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...

2 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 ...

2 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,...

2 months ago - Business Wire

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, ...

2 months ago - PRNewsWire

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 ...

2 months ago - Invezz

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...

2 months ago - PRNewsWire

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.

3 months ago - Reuters

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...

3 months ago - Business Wire

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.

4 months ago - Accesswire

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...

4 months ago - Seeking Alpha

VINFAST REPORTS UNAUDITED SECOND QUARTER 2024 FINANCIAL RESULTS

SINGAPORE , Sept. 20, 2024 /PRNewswire/ -- VinFast Auto Ltd.

4 months ago - PRNewsWire

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...

4 months ago - Seeking Alpha