VinFast Auto Ltd. (VFS)

NASDAQ: VFS · IEX Real-Time Price · USD
5.58
+0.40 (7.72%)
At close: Feb 27, 2024, 4:00 PM
5.57
-0.01 (-0.18%)
After-hours: Feb 27, 2024, 7:59 PM EST
7.72%
Market Cap 12.57B
Revenue (ttm) 1.16B
Net Income (ttm) -2.32B
Shares Out 2.34B
EPS (ttm) -1.00
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 2,793,122
Open 5.27
Previous Close 5.18
Day's Range 5.20 - 5.68
52-Week Range 4.59 - 93.00
Beta 0.06
Analysts Strong Buy
Price Target 10.33 (+85.13%)
Earnings Date Feb 22, 2024

About VFS

VinFast Auto Ltd., an automotive manufacturer, engages in Automobiles and E-scooter related business in Vietnam 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. The E-scooter segment provides design, development, manufacturing, and sales of e-scooters. The Spare Parts, and Aftermarket Services segment engages in sale of spare parts and aftermarket services for a... [Read more]

Founded 2017
Employees 14,505
Stock Exchange NASDAQ
Ticker Symbol VFS
Full Company Profile

Financial Performance

In 2023, VinFast Auto's revenue was 28.60 trillion, an increase of 91.08% compared to the previous year's 14.97 trillion. Losses were -57,176.21 billion, 14.7% 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 $10.33, which is an increase of 85.13% from the latest price.

Price Target
$10.33
(85.13% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Cantor Fitzgerald analyst explains why it's still bullish on EV maker VinFast

Andres Sheppard, senior analyst at Cantor Fitzgerald, says "we are encouraged by their 100,000 delivery target, and we feel like they have an important differentiator."

4 days ago - CNBC International TV

EV Maker VinFast Can Gain Share in North America: CEO

VinFast Chair Madame Thuy joins Caroline Hyde to discuss the EV maker's fourth quarter, with revenue jumping on the acceleration of automobile deliveries. She speaks on "Bloomberg Technology.

5 days ago - Bloomberg Technology

VinFast Reports Unaudited Fourth Quarter and Full Year 2023 Financial Results

SINGAPORE , Feb. 22, 2024 /PRNewswire/ --  VinFast Auto Ltd. ("VinFast" or the "Company") (Nasdaq: VFS), a subsidiary of Vingroup JSC, and Vietnam's leading electric automotive manufacturer, today ann...

5 days ago - PRNewsWire

VinFast's Earnings Are Weak but Guidance Is Strong. Brace for Stock Volatility.

Vietnamese EV start-up VinFast reports fourth-quarter sales of $465 million. Wall Street was looking for about $528 million.

5 days ago - Barrons

VinFast posts higher revenue in fourth quarter

Vietnamese electric vehicle (EV) maker VinFast reported a 133% jump in fourth-quarter revenue on Thursday, driven by increased deliveries to domestic customers.

5 days ago - Reuters

Nio, Tesla, and VinFast stock forecast after Rivian, Lucid earnings

Electric vehicle (EV) stocks will be in the spotlight on Thursday as investors reflect on more bad news in the industry. Most of these companies have already crashed by double-digits this year and ana...

Other symbols: LCIDNIORIVNTSLA
5 days ago - Invezz

We had to ‘go the long way' before switching to EVs: VinFast

VinFast's Chairwoman Le Thi Thu Thuy says "we had to go the long way."

19 days ago - CNBC International TV

The momentum of electric vehicle sales will continue: Vietnam's VinFast

VinFast Chairwoman Le Thi Thu Thuy says the world is "still moving" from internal combustion engine vehicles to electric vehicles.

19 days ago - CNBC International TV

There are many women in leadership positions here: Vietnam's VinFast

VinFast Chairwoman Le Thi Thu Thuy discusses how she navigates the male-dominated electric vehicle industry.

19 days ago - CNBC International TV

VinFast to Attend the 2024 Canadian International Auto Show

TORONTO--(BUSINESS WIRE)--VinFast Auto will attend the 2024 Canadian International Auto Show (CIAS), taking place February 16-25, 2024 in Toronto. VinFast will showcase its wide range of electric vehi...

21 days ago - Business Wire

VinFast recalls nearly 6,000 units in Vietnam to replace switch

Vietnam's electric vehicle (EV) maker VinFast is recalling nearly 6,000 of its VF 5 cars sold in the domestic market to replace the combination switch, the company said on Tuesday.

21 days ago - Reuters

Tesla, Rivian, Fisker, VinFast stocks slip as power outage hits California

Electric vehicle (EV) stocks are on edge on Monday as investors assess the impact of the ongoing power outages in California presents another risk to the industry. Tesla (NASDAQ: TSLA) stock price plu...

Other symbols: FSRRIVNTSLA
22 days ago - Invezz

VINFAST TO ATTEND THE 2024 NATIONAL AUTOMOBILE DEALERS ASSOCIATION SHOW

LAS VEGAS , Jan. 31, 2024 /PRNewswire/ -- VinFast Auto (Nasdaq: VFS) announced its participation in the National Automobile Dealers Association Show 2024 (NADA), one of the largest and most reputable ...

27 days ago - PRNewsWire

EV maker Vinfast to invest in Philippines this year

Vietnamese electric vehicles maker Vinfast will open a dealership in the Philippines, its parent company Vingroup said on Tuesday, in an announcement during the visit of President Ferdinand Marcos Jr.

4 weeks ago - Reuters

3 mid-caps under $20 that Wall Street loves

Picking up where it left off last year, artificial intelligence (AI) data center leader NVIDIA Corporation NASDAQ: NVDA is one. Courtesy of a buyout from Hewlett Packard Enterprise Company NYSE: HPE, ...

Other symbols: ARDXCPG
5 weeks ago - MarketBeat

VinFast Officially Introduces the VF 3 and VF Wild in Canada

QUEBEC CITY--(BUSINESS WIRE)--Following the success at CES 2024, VinFast is set to unveil the electric mini e-SUV, VF 3, and the electric pickup concept, VF Wild, at the 2024 Montreal International Au...

5 weeks ago - Business Wire

VinFast Stock Falls After EV Delivery Numbers Miss Company Estimate

The Vietnamese EV start-up VinFast reported fourth-quarter deliveries of 13,513 units.

5 weeks ago - Barrons

Vietnamese EV maker VinFast misses 2023 deliveries goal, but Q4 up

Vietnamese electric vehicle (EV) maker VinFast on Thursday said it delivered nearly 35,000 cars in 2023, below its target of at least 40,000 units, blaming slow EV adoption in some regions, tough comp...

5 weeks ago - Reuters

VinFast Auto ($VFS) Debuts All New Mid-Sized Electric VF Wild Pickup Truck

VinFast Auto (NASDAQ: VFS), Vietnam's top electric vehicle maker, has revealed its debut pickup truck concept, the VF Wild. The VF Wild stands out with its exceptional performance, targeting forward-t...

6 weeks ago - Green Stock News

VinFast just launched an electric bike in the U.S.

VinFast Auto Ltd (NASDAQ: VFS) just launched an electric bike in the United States. Its shares are trending up in premarket on Wednesday.

6 weeks ago - Invezz

VINFAST LAUNCHES THE DRGNFLY ELECTRIC BIKE IN THE U.S. MARKET

LAS VEGAS , Jan. 10, 2024 /PRNewswire/ -- VinFast Auto (Nasdaq: VFS) officially announces the US rollout of the DrgnFly electric bike, at CES 2024. Underpinned by the message "Ride your style," the Dr...

6 weeks ago - PRNewsWire

VINFAST UNVEILS NEW ELECTRIC PICKUP TRUCK CONCEPT - VF WILD

LAS VEGAS , Jan. 9, 2024 /PRNewswire/ -- At CES 2024, VinFast Auto (Nasdaq: VFS), Vietnam's leading electric vehicle manufacturer, unveils its new electric vehicle concept - the VF Wild. The concept c...

7 weeks ago - PRNewsWire

VINFAST GLOBALLY LAUNCHES THE VF 3 - A GREEN MOBILITY SOLUTION FOR EVERYONE

LAS VEGAS , Jan. 9, 2024 /PRNewswire/ -- At CES 2024, VinFast Auto (Nasdaq: VFS) officially announces the global launch of its latest electric model, the VF 3. This dynamic mini-eSUV, packed with char...

7 weeks ago - PRNewsWire

EV maker VinFast aims to raise free float to 10%-20% by end 2024 -chair

Vietnamese electric vehicle maker VinFast aims to increase its free float - or shares available to the public for trading - to 10-20% of shares by the end of this year, from roughly 2% currently, the ...

7 weeks ago - Reuters

EV maker VinFast launches pickup truck concept, plans to sell mini-EV globally

Vietnamese electric vehicle maker VinFast on Tuesday launched a prototype of its new pickup truck, and said it plans to launch its mini-sized VF 3 model globally.

7 weeks ago - Reuters