VinFast Auto (NASDAQ:VFS) Earns Overweight Rating from Cantor Fitzgerald

VinFast Auto (NASDAQ:VFS)‘s stock had its “overweight” rating reaffirmed by research analysts at Cantor Fitzgerald in a report released on Tuesday,Benzinga reports. They currently have a $6.00 target price on the stock. Cantor Fitzgerald’s price target would suggest a potential upside of 68.54% from the company’s previous close. Cantor Fitzgerald also issued estimates for VinFast Auto’s FY2026 earnings at ($0.79) EPS.

A number of other research firms also recently issued reports on VFS. BTIG Research downgraded shares of VinFast Auto from a “buy” rating to a “neutral” rating in a research note on Friday, April 25th. Chardan Capital reaffirmed a “buy” rating and issued a $5.50 price target on shares of VinFast Auto in a report on Tuesday.

VinFast Auto Stock Performance

NASDAQ VFS opened at $3.56 on Tuesday. The firm’s 50 day moving average price is $3.36 and its 200-day moving average price is $3.70. VinFast Auto has a 52-week low of $2.56 and a 52-week high of $5.38. The company has a market cap of $8.33 billion, a PE ratio of -3.24 and a beta of 0.89.

VinFast Auto (NASDAQ:VFS) last released its quarterly earnings data on Monday, June 9th. The company reported ($0.30) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.20) by ($0.10). The firm had revenue of $677.89 million for the quarter, compared to analysts’ expectations of $21,843.17 billion. On average, analysts forecast that VinFast Auto will post -1.06 earnings per share for the current fiscal year.

Institutional Investors Weigh In On VinFast Auto

Large investors have recently made changes to their positions in the stock. Tower Research Capital LLC TRC acquired a new position in VinFast Auto during the fourth quarter valued at $26,000. Walleye Trading LLC acquired a new position in VinFast Auto during the fourth quarter valued at $46,000. Jump Financial LLC acquired a new position in VinFast Auto during the fourth quarter valued at $51,000. Mariner LLC lifted its position in VinFast Auto by 84.2% during the fourth quarter. Mariner LLC now owns 24,666 shares of the company’s stock valued at $99,000 after purchasing an additional 11,277 shares during the period. Finally, SBI Securities Co. Ltd. acquired a new position in VinFast Auto during the fourth quarter valued at $153,000.

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.