Date | Price Target | Rating | Analyst |
---|---|---|---|
1/3/2024 | $10.00 | Buy | BTIG Research |
11/21/2023 | $12.00 | Outperform | Wedbush |
11/1/2023 | $7.00 | Overweight | Cantor Fitzgerald |
10/10/2023 | Buy | Chardan Capital Markets |
6-K - VinFast Auto Ltd. (0001913510) (Filer)
6-K/A - VinFast Auto Ltd. (0001913510) (Filer)
20-F/A - VinFast Auto Ltd. (0001913510) (Filer)
BTIG Research initiated coverage of VinFast Auto with a rating of Buy and set a new price target of $10.00
Wedbush initiated coverage of VinFast Auto with a rating of Outperform and set a new price target of $12.00
Cantor Fitzgerald initiated coverage of VinFast Auto with a rating of Overweight and set a new price target of $7.00
SINGAPORE, Sept. 20, 2024 /PRNewswire/ -- VinFast Auto Ltd. ("VinFast" or the "Company") (NASDAQ:VFS), a subsidiary of Vingroup JSC, and Vietnam's only pure-play electric vehicle manufacturer, today announced its unaudited financial results for the second quarter ended June 30, 2024. VinFast delivered 13,172 EVs in Q2, up by 44% QoQ and 43% YoY, bringing its delivery total for the first half of 2024 to 22,348 vehicles, a 101% increase compared to the same period last year.The Company recorded $357 million in revenue for Q2, up by 33% QoQ and 9% YoY.Vietnam, where momentum is a
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 leading VinFast dealership representatives from across the United States, selected for their customer service commitment, and industry expertise. The Dealer Advisory Board will serve as a vital communication channel between VinFast Auto and its growing network of 25 dealerships. Board members met for the first time on July 17, 2024, in Los Angeles, California. During these meetings, they
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, delivered 21,747 electric vehicles in the first half of 2024, a significant 92% increase over the same period in 2023. For the second quarter of 2024, VinFast delivered 12,058 vehicles, representing an increase of 24% quarter-over-quarter and an increase of 26% compared to the same period of last year. While the second-quarter delivery results were encouraging, ongoing economic headwinds
Cantor Fitzgerald analyst Andres Sheppard reiterates VinFast Auto (NASDAQ:VFS) with a Overweight and maintains $8 price target.
Electric vehicle stocks fell across the board, with the decline mostly due to the broader market pullback this week. Tesla, Inc. (NASDAQ:TSLA) extended its weekly declines ahead of next week’s earnings release. Here’s a run down on what happened in the EV space during the week: Tesla Raises Prices: The not-so-successful price-cutting strategy has been discontinued at least for now, with Tesla announcing $2,000 price increases for all variants of the Model S and Model X EVs in U.S. this week. The prices of these models were also hiked in Canada. The company, however, is persisting with its incentives and liberal financing options. Tesla influencer Sawyer Merritt reported that Tesla has
VinFast Auto Ltd. (NASDAQ:VFS) shares are trading higher in the premarket session on Friday. According to Benzinga Pro, VFS stock has lost over 87% in the past year. Today, the firm debuted the first VF e34 C-SUVs at the Gaikindo Indonesia International Auto Show (GIIAS) 2024, marking a pivotal moment as they delivered the vehicles to pioneering customers in Indonesia. During a ceremony at VinFast’s GIIAS 2024 booth, the first VF e34 cars were delivered to customers, just five months post-launch and four months since sales began. The VF e34, an e-SUV in the C-segment, features modern design and advanced technology, ensuring an outstanding driving experience. VinFast’s customer-fo
SINGAPORE, Sept. 20, 2024 /PRNewswire/ -- VinFast Auto Ltd. ("VinFast" or the "Company") (NASDAQ:VFS), a subsidiary of Vingroup JSC, and Vietnam's only pure-play electric vehicle manufacturer, today announced its unaudited financial results for the second quarter ended June 30, 2024. VinFast delivered 13,172 EVs in Q2, up by 44% QoQ and 43% YoY, bringing its delivery total for the first half of 2024 to 22,348 vehicles, a 101% increase compared to the same period last year.The Company recorded $357 million in revenue for Q2, up by 33% QoQ and 9% YoY.Vietnam, where momentum is a
SINGAPORE, Feb. 22, 2024 /PRNewswire/ -- VinFast Auto Ltd. ("VinFast" or the "Company") (NASDAQ:VFS), a subsidiary of Vingroup JSC, and Vietnam's leading electric automotive manufacturer, today announced its unaudited financial results for the fourth quarter and fiscal year ended December 31, 2023. Fourth quarter revenue of $437 million, an increase of 26% over the previous quarter and 133% year-over-year. Profit margins increased significantly driven by cost optimization.Full year revenue of $1,198 million, an increase of 91% year-over-year.Targeting approximately 400 points