VinFast Auto (NASDAQ:VFS) Rating Increased to Strong-Buy at Chardan Capital

Chardan Capital upgraded shares of VinFast Auto (NASDAQ:VFS) to a strong-buy rating in a report issued on Tuesday,Zacks.com reports. Chardan Capital also issued estimates for VinFast Auto’s FY2025 earnings at ($1.14) EPS.

Separately, BTIG Research downgraded shares of VinFast Auto from a “buy” rating to a “neutral” rating in a research report on Friday, April 25th.

VinFast Auto Trading Up 0.3 %

NASDAQ:VFS opened at $3.43 on Tuesday. VinFast Auto has a 1-year low of $2.56 and a 1-year high of $6.42. The firm has a market capitalization of $8.02 billion, a price-to-earnings ratio of -3.12 and a beta of 0.98. The business’s 50-day moving average price is $3.22 and its two-hundred day moving average price is $3.77.

Institutional Trading of VinFast Auto

Several hedge funds have recently added to or reduced their stakes in VFS. Tidal Investments LLC grew its stake in VinFast Auto by 10.9% in the fourth quarter. Tidal Investments LLC now owns 191,130 shares of the company’s stock valued at $770,000 after acquiring an additional 18,709 shares during the period. Tower Research Capital LLC TRC bought a new position in shares of VinFast Auto during the 4th quarter valued at about $26,000. Jump Financial LLC acquired a new position in shares of VinFast Auto in the 4th quarter valued at approximately $51,000. Walleye Trading LLC bought a new stake in VinFast Auto during the 4th quarter worth approximately $46,000. Finally, Mariner LLC raised its holdings in VinFast Auto by 84.2% during the 4th quarter. Mariner LLC now owns 24,666 shares of the company’s stock worth $99,000 after buying an additional 11,277 shares during the period.

About VinFast Auto

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.