VinFast Auto Ltd. (VFS)

NASDAQ: VFS · IEX Real-Time Price · USD
8.37
-0.27 (-3.13%)
At close: Dec 29, 2023, 4:00 PM
8.26
-0.11 (-1.31%)
After-hours: Dec 29, 2023, 7:59 PM EST
-3.13%
Market Cap 19.31B
Revenue (ttm) 1.01B
Net Income (ttm) -2.16B
Shares Out 2.31B
EPS (ttm) -0.99
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 2,816,575
Open 8.56
Previous Close 8.64
Day's Range 8.08 - 8.56
52-Week Range 4.59 - 93.00
Beta 0.06
Analysts Buy
Price Target 9.50 (+13.5%)
Earnings Date Oct 5, 2023

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

Financial numbers in VND Financial Statements

Analyst Forecast

According to 2 analysts, the average rating for VFS stock is "Buy." The 12-month stock price forecast is $9.5, which is an increase of 13.50% from the latest price.

Price Target
$9.5
(13.50% upside)
Analyst Consensus: Buy
Stock Forecasts

News

3 Buys and a Bail: Schneider Electric, Albemarle, ON Semiconductor & VinFast

Gina Sanchez, Lido Advisors chief market strategist, joins 'The Exchange' to discuss three buys and a bail, including Schneider Electric, Albemarle, ON Semiconductor, and VinFast.

Other symbols: ALBON
2 days ago - CNBC Television

EV maker VinFast launches first dealership in the US

HANOI, Dec 28 (Reuters) - Vietnamese electric vehicle (EV) maker VinFast has launched its first partnership with a U.S.-based dealer, North Carolina-based Leith Automotive Group, its latest effort to ...

3 days ago - Reuters

Vietnam's VinFast agrees deal with Marubeni to recycle used EV batteries

Vietnamese electric vehicles (EV) maker VinFast said on Monday it had signed a memorandum of understanding with Japan's Marubeni Corp (8002.T) to recycle used EV batteries.

13 days ago - Reuters

This is what we can expect to see from meme stocks in 2024

It may be a couple of years since the meme-stock feeding frenzy hit its heights, but we're still seeing occasional bursts of meme-like activity in number of stocks.

Other symbols: AMCGMEGSITLCIDMULN
16 days ago - Market Watch

VinFast stock price: Bearish case for VFS and its $15B market cap

VinFast (NASDAQ: VFS) stock price pulled back in December, erasing most of its November gains. The shares have retreated to $6.50, down from its November high of $9.30.

18 days ago - Invezz

How VinFast VF 8 Blends Modern Luxury with Italian Inspired Design

HANOI, Vietnam--(BUSINESS WIRE)--When it comes to selecting a vehicle, there's no denying the allure of sleek lines, captivating contours, and eye-catching aesthetics. Design matters-a lot. In fact, s...

19 days ago - Business Wire

Vietnamese companies eye the U.S. IPO market amid a lull in Chinese listings

A new group of Asia-based companies are contemplating IPOs in the U.S., where international listings were once driven mostly by Chinese startups

26 days ago - CNBC

VINFAST HONOURED TO REPRESENT SOUTHEAST ASIA AND SPEAK AT THE SUSTAINABLE TRADE FORUM AT COP28

DUBAI, UAE, Dec. 5, 2023 /PRNewswire/ -- VinFast Auto (Nasdaq: VFS) ("VinFast") proudly announced that its Global CEO Le Thi Thu Thuy was invited to participate as the only panelist from Southeast Asi...

26 days ago - PRNewsWire

U.S. INTERNATIONAL DEVELOPMENT FINANCIAL CORPORATION SIGNED LETTER OF INTEREST CONSIDERING USD500 MILLION LOAN TO VINFAST

DUBAI, United Arab Emirates , Dec. 4, 2023 /PRNewswire/ -- Within the framework of COP28, VinFast Auto (Nasdaq: VFS) (VinFast) and the United States International Development Financial Corporation (DF...

27 days ago - PRNewsWire

U.S. International Development Financial Corporation Signed Letter of Interest Considering USD500 Million Loan to VinFast

DUBAI, United Arab Emirates--(BUSINESS WIRE)--Within the framework of COP28, VinFast Auto (Nasdaq: VFS) (VinFast) and the United States International Development Financial Corporation (DFC) have signe...

27 days ago - Business Wire

US DFC considers $500 mln loan to Vietnamese EV maker VinFast

The United States International Development Finance Corporation (DFC) has signed a letter of interest with electric vehicles maker VinFast to consider the Vietnamese company's application for a $500 m...

27 days ago - Reuters

VINFAST HONOURED TO REPRESENT VIETNAM TO SPEAK AND SHOWCASE ITS VF 9 EV AT COP28

DUBAI, United Arab Emirates , Nov. 30, 2023 /PRNewswire/ -- VinFast Auto (Nasdaq: VFS) ("VinFast") announces that it is to speak and showcase its latest VF 9 Electric Vehicle (EV) at the annual United...

4 weeks ago - PRNewsWire

The 4 highest-shorted large-cap stocks

Tracking stocks with a high short interest has gained immense popularity in recent times, thanks to the unforgettable meme craze. Whether you're a spectator, a long or short participant, it has proven...

Other symbols: CELHSIRIUHAL
4 weeks ago - MarketBeat

SCI Lease Corp Firms up Contract Partnership to Support Consumer Leasing for VinFast Canada

MARKHAM, Ontario--(BUSINESS WIRE)--SCI Lease Corp (SCI) www.scileasecorp.com, a leading automotive leasing company, has announced a partnership with Vietnamese automaker VinFast to provide leasing opt...

4 weeks ago - Business Wire

How VinFast VF 8 Delivers the Spacious & Comfortable In-Cabin Experience for Users

MARKHAM, Ontario--(BUSINESS WIRE)--When it comes to purchasing an electric SUV, consumers want something that not only looks good on the outside, but offers spacious and innovative features within the...

5 weeks ago - Business Wire

VinFast stock price analysis: Hard to justify VFS $14B valuation

VinFast (NASDAQ: VFS) stock price has gone nowhere in the past few months. It was trading at $6.20 on Wednesday, where it has been in the past two months.

5 weeks ago - Invezz

VinFast stock could double from here: Wedbush's Ives

VinFast Auto Ltd (NASDAQ: VFS) has been a massive disappointment for its shareholders over the past three months but a Wedbush Securities analyst just issued somewhat of a contrarian call on the EV ma...

5 weeks ago - Invezz

EV maker VinFast's stock can more than double in a year, analyst says

Shares of VinFast Auto Ltd. charged higher Tuesday, after the Vietnam-based electric-vehicle maker got a bullish endorsement from Wedbush analyst Dan Ives as the EV maker is poised to take market shar...

5 weeks ago - Market Watch

VinFast Picks Up New Buy Rating. The Stock Is Up.

Tuesday, Wedbush analyst Dan Ives launched coverage of VinFast with a Buy rating and $12 price target.

5 weeks ago - Barrons

IPO pipeline welcomes some profitable companies, raising hopes for a rebound

The U.S. initial public offering calendar is empty this holiday-shortened week, but some recent additions to the pipeline suggest December could be livelier and welcome deals from some profitable, dec...

5 weeks ago - Market Watch

VFS INVESTIGATION NOTICE: Robbins Geller Rudman & Dowd LLP Announces Investigation into VinFast Auto Ltd. and Encourages Investors with Substantial Losses or Witnesses with Relevant Information to Contact the Firm

SAN DIEGO--(BUSINESS WIRE)--The law firm of Robbins Geller Rudman & Dowd LLP announces an investigation into potential violations of U.S. federal securities laws involving VinFast Auto Ltd. (NASDAQ: V...

6 weeks ago - Business Wire

Exploring the Cutting-Edge Safety Features of VinFast VF 8

MARKHAM, Ontario--(BUSINESS WIRE)--Car buyers are increasingly prioritizing safety features when purchasing a vehicle. According to Rocket Auto, more than 70% of drivers will pay more for cars with to...

6 weeks ago - Business Wire

Bad news for EV stocks: Avoid Workhorse (WKHS), VinFast (VFS), Nio

It's another bad week for electric vehicle stocks. While Tesla shares have jumped, other smaller companies in the industry dropped.

Other symbols: NIOWKHS
6 weeks ago - Invezz

VINFAST RECEIVED 70 DEALER APPLICATIONS ACROSS U.S., WITH PLANS TO EXPAND TO 125 LOCATIONS NATIONWIDE

AUSTIN, Texas , Nov. 10, 2023 /PRNewswire/ -- VinFast Auto Ltd. (the "Company" or "VinFast") (NASDAQ: VFS) today at Electrify Expo 2023, announced its aggressive plans for expansion across the U.S. wi...

7 weeks ago - PRNewsWire

VinFast's VF 8 Electric SUV Joins the Eco-Friendly Luxury Driving Scene

MARKHAM, Ontario--(BUSINESS WIRE)--In an automotive landscape where luxury and sophistication often seem out of reach, VinFast's VF 8 is a game-changer in the electric SUV scene, offering fresh option...

2 months ago - Business Wire