Shares of VinFast Auto have moved -8.4% today, and are now trading at a price of $3.95. In contrast, the S&P 500 index saw a -0.0% change. Today's trading volume is 1,160,634 compared to the stock's average volume of 2,990,048.
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. Based in Hai Phong City, Vietnam the company has 14,000 full time employees and a market cap of $9,228,906,496.
The company is now trading -53.56% away from its average analyst target price of $8.5 per share. The 4 analysts following the stock have set target prices ranging from $5.0 to $13.0, and on average give VinFast Auto a rating of buy.
Over the last 12 months VFS shares have declined by -58.8%, which represents a difference of -84.6% when compared to the S&P 500. The stock's 52 week high is $93.0 per share and its 52 week low is $2.25. With its net margins declining an average 0.0% over the last 3 years, VinFast Auto declining profitability gives us reason to believe its stock price will continue to underwhelm.
| Date Reported | Total Revenue ($ k) | Net Profit ($ k) | Net Margins (%) | YoY Growth (%) |
|---|---|---|---|---|
| 2023 | 28,712,051,000 | -57,396,864,000 | -200 | 39.94 |
| 2022 | 14,965,591,000 | -49,783,795,000 | -333 | -66.5 |
| 2021 | 16,028,182,000 | -32,183,727,000 | -200 |
