VinFast Auto Ltd. (VFS)

NASDAQ: VFS · IEX Real-Time Price · USD
4.130
+0.010 (0.24%)
At close: Jul 26, 2024, 4:00 PM
4.110
-0.020 (-0.48%)
After-hours: Jul 26, 2024, 7:59 PM EDT
0.24%
Market Cap 9.50B
Revenue (ttm) 1.33B
Net Income (ttm) -3.16B
Shares Out 2.30B
EPS (ttm) -1.36
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 450,329
Open 4.190
Previous Close 4.120
Day's Range 4.100 - 4.230
52-Week Range 2.255 - 93.000
Beta 1.20
Analysts Strong Buy
Price Target 9.60 (+132.45%)
Earnings Date Apr 17, 2024

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 28.71 trillion, an increase of 91.85% compared to the previous year's 14.97 trillion. Losses were -57,396.86 billion, 15.3% more than in 2022.

Financial numbers in VND Financial Statements

Analyst Forecast

According to 5 analysts, the average rating for VFS stock is "Strong Buy." The 12-month stock price forecast is $9.6, which is an increase of 132.45% from the latest price.

Price Target
$9.6
(132.45% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

VINFAST ANNOUNCES FORMATION OF DEALER ADVISORY BOARD IN THE U.S.

LOS ANGELES , July 19, 2024 /PRNewswire/ -- VinFast Auto (Nasdaq: VFS), the Vietnamese automotive manufacturer announced the creation of its Dealer Advisory Board. This esteemed group comprises leadin...

7 days ago - PRNewsWire

Why the VinFast VF 8 is the Ideal Choice for the Future of Green Mobility in Canada

MARKHAM, Ontario--(BUSINESS WIRE)--If you're in Canada, now is the ideal time to consider an EV thanks to significant government incentives. But with so many choices, which EV is right for you? The VF...

9 days ago - Business Wire

Vietnam's VinFast delays US electric car plant amid market slowdown

Vietnamese electric vehicle (EV) maker VinFast is delaying the launch of its planned $4 billion factory in North Carolina to 2028 and cutting its delivery forecast for this year by 20,000 units amid u...

13 days ago - Reuters

VinFast Delivers Nearly 21,800 Electric Vehicles in First Half of 2024, Up 92% YoY

SINGAPORE , July 12, 2024 /PRNewswire/ -- VinFast Auto Ltd. ("VinFast" or the "Company"), a pure-play electric vehicle ("EV") manufacturer with the mission of making EVs accessible to everyone, delive...

13 days ago - PRNewsWire

What exactly makes up Vietnam's VinGroup?

Vingroup is a massive conglomerate in Vietnam. Bloomberg's Avril Hong takes a look at what makes up the company run by billionaire founder Pham Nhat Vuong.

4 weeks ago - Bloomberg Markets and Finance

Shareholders of VinFast Auto Ltd. f/k/a Black Spade Acquisition Co. Should Contact Levi & Korsinsky Before June 11, 2024 to Discuss Your Rights - VFS

NEW YORK, NY / ACCESSWIRE / June 11, 2024 / If you suffered a loss on your VinFast Auto Ltd. f/k/a Black Spade Acquisition Co. (NASDAQ:VFS) investment and want to learn about a potential recovery unde...

6 weeks ago - Accesswire

The Schall Law Firm Encourages Investors Who Have Incurred Losses With VinFast Auto Ltd. To Make Contact Before The June 11th Deadline

LOS ANGELES, CA / ACCESSWIRE / June 11, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against VinFast Auto Ltd. f/k/a Black ...

6 weeks ago - Accesswire

VinFast Auto Ltd. f/k/a Black Spade Acquisition Co. Class Action: Levi & Korsinsky Reminds VinFast Auto Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of June 11, 2024 - VFS

NEW YORK, NY / ACCESSWIRE / June 11, 2024 / If you suffered a loss on your VinFast Auto Ltd. f/k/a Black Spade Acquisition Co. (NASDAQ:VFS) investment and want to learn about a potential recovery unde...

6 weeks ago - Accesswire

VFS DEADLINE TODAY: Rosen Law Firm Urges VinFast Auto Ltd. f/k/a Black Spade Acquisition Co. Investors with Large Losses to Contact the Firm for Information About Their Rights

NEW YORK , June 11, 2024 /PRNewswire/ --  WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of VinFast Auto Ltd. f/k/a Black Spade Acquisition Co., (NASDAQ: VFS)...

6 weeks ago - PRNewsWire

DEADLINE TODAY: The Schall Law Firm Encourages Investors in VinFast Auto Ltd. with Losses to Contact the Firm

LOS ANGELES--(BUSINESS WIRE)--DEADLINE TODAY: The Schall Law Firm Encourages Investors in VinFast Auto Ltd. with Losses to Contact the Firm.

6 weeks ago - Business Wire

Levi & Korsinsky Notifies Shareholders of VinFast Auto Ltd. f/k/a Black Spade Acquisition Co. (VFS) of a Class Action Lawsuit and an Upcoming Deadline

NEW YORK, NY / ACCESSWIRE / June 10, 2024 / If you suffered a loss on your VinFast Auto Ltd. f/k/a Black Spade Acquisition Co. (NASDAQ:VFS) investment and want to learn about a potential recovery unde...

6 weeks ago - Accesswire

DEADLINE REMINDER: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of VinFast Auto

NEW YORK, June 10, 2024 (GLOBE NEWSWIRE) -- Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against VinFast Auto Ltd. (“VinFast” or the “Company”) (NASD...

6 weeks ago - GlobeNewsWire

The Law Offices of Frank R. Cruz Reminds Investors of Looming Deadline in the Class Action Lawsuit Against VinFast Auto Ltd.

LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz reminds investors of the upcoming June 11, 2024 deadline to file a lead plaintiff motion in the class action filed on behalf of investors...

6 weeks ago - Business Wire

Levi & Korsinsky Reminds VinFast Auto Ltd. f/k/a Black Spade Acquisition Co. Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of June 11, 2024 - VFS

NEW YORK, NY / ACCESSWIRE / June 10, 2024 / If you suffered a loss on your VinFast Auto Ltd. f/k/a Black Spade Acquisition Co. (NASDAQ:VFS) investment and want to learn about a potential recovery unde...

6 weeks ago - Accesswire

Levi & Korsinsky Announces the Filing of a Securities Class Action on Behalf of VinFast Auto Ltd. f/k/a Black Spade Acquisition Co.(VFS) Shareholders

NEW YORK, NY / ACCESSWIRE / June 10, 2024 / If you suffered a loss on your VinFast Auto Ltd. f/k/a Black Spade Acquisition Co. (NASDAQ:VFS) investment and want to learn about a potential recovery unde...

6 weeks ago - Accesswire

VinFast Auto Ltd. f/k/a Black Spade Acquisition Co. Sued for Securities Law Violations – Investors Should Contact Levi & Korsinsky Before June 11, 2024 to Discuss Your Rights - VFS

NEW YORK, NY / ACCESSWIRE / June 10, 2024 / If you suffered a loss on your VinFast Auto Ltd. f/k/a Black Spade Acquisition Co. (NASDAQ:VFS) investment and want to learn about a potential recovery unde...

6 weeks ago - Accesswire

Class Action Filed Against VinFast Auto Ltd. f/k/a Black Spade Acquisition Co. (VFS) - June 11, 2024 Deadline to Join - Contact Levi & Korsinsky

NEW YORK, NY / ACCESSWIRE / June 10, 2024 / If you suffered a loss on your VinFast Auto Ltd. f/k/a Black Spade Acquisition Co. (NASDAQ:VFS) investment and want to learn about a potential recovery unde...

6 weeks ago - Accesswire

DEADLINE TOMORROW: The Schall Law Firm Encourages Investors in VinFast Auto Ltd. with Losses to Contact the Firm

LOS ANGELES--(BUSINESS WIRE)--DEADLINE TOMORROW: The Schall Law Firm Encourages Investors in VinFast Auto Ltd. with Losses to Contact the Firm.

6 weeks ago - Business Wire

DEADLINE TOMORROW: Berger Montague Advises VinFast (NASDAQ: VFS) Investors to Inquire About a Securities Fraud Class Action by June 11, 2024

PHILADELPHIA, June 10, 2024 (GLOBE NEWSWIRE) -- Attention VinFast Auto Ltd. (“VinFast” or the “Company”) f/k/a Black Spade Acquisition Co. (“Black Spade”) (NASDAQ: VFS) Investors. A securities fraud c...

6 weeks ago - GlobeNewsWire

The Gross Law Firm Reminds VinFast Auto Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of June 11, 2024 - VFS

NEW YORK , June 10, 2024 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of VinFast Auto Ltd. f/k/a Black Spade Acquisition Co. (NASDAQ: VFS).

6 weeks ago - PRNewsWire

VFS INVESTOR ALERT: Bronstein, Gewirtz & Grossman LLC Announces that VinFast Auto Ltd. (f/k/a Black Spade Acquisition Co.) Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit!

NEW YORK, June 10, 2024 (GLOBE NEWSWIRE) -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC, a nationally recognized law firm, notifies investors that a class action lawsuit has been filed ...

6 weeks ago - GlobeNewsWire

VinFast stock price outlook: Avoid this EV for now

VinFast (NASDAQ: VFS) stock price is struggling this year as concerns about its balance sheet, sales, and the electric vehicle industry remain. It has crashed by over 47% this year and is hovering nea...

6 weeks ago - Invezz

SHAREHOLDER ALERT: Pomerantz Law Firm Reminds Shareholders with Losses on their Investment in VinFast Auto Ltd. of Class Action Lawsuit and Upcoming Deadlines – VFS

NEW YORK, NY / ACCESSWIRE / June 9, 2024 / Pomerantz LLP announces that a class action lawsuit has been filed against VinFast Auto Ltd. ("VinFast" or the "Company") f/k/a Black Spade Acquisition Co., ...

6 weeks ago - Accesswire

The Schall Law Firm Encourages Investors Who Have Suffered Losses In VinFast Auto Ltd. To Reach Out Prior To The June 11th Deadline

LOS ANGELES, CA / ACCESSWIRE / June 9, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against VinFast Auto Ltd. f/k/a Black S...

6 weeks ago - Accesswire

Levi & Korsinsky Reminds VinFast Auto Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of June 11, 2024 - VFS

NEW YORK, NY / ACCESSWIRE / June 8, 2024 / If you suffered a loss on your VinFast Auto Ltd. f/k/a Black Spade Acquisition Co. (NASDAQ:VFS) investment and want to learn about a potential recovery under...

6 weeks ago - Accesswire