VinFast Auto Ltd. (VFS)

NASDAQ: VFS · Real-Time Price · USD
3.940
0.00 (0.00%)
At close: Jan 28, 2025, 4:00 PM
3.910
-0.030 (-0.76%)
After-hours: Jan 28, 2025, 7:59 PM EST
0.00%
Market Cap 9.21B
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 317,488
Open 3.920
Previous Close 3.940
Day's Range 3.885 - 3.980
52-Week Range 2.255 - 6.420
Beta 1.19
Analysts Strong Buy
Price Target 9.00 (+128.43%)
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 128.43% from the latest price.

Price Target
$9.0
(128.43% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

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...

5 days 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 weeks 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 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...

7 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...

2 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...

2 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.

2 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...

2 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...

2 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.

2 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...

2 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...

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, ...

3 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 ...

3 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...

3 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