VinFast Auto Ltd. (NASDAQ:VFS – Free Report) – Investment analysts at Wedbush raised their Q2 2024 EPS estimates for VinFast Auto in a report released on Thursday, April 18th. Wedbush analyst D. Ives now expects that the company will earn ($0.24) per share for the quarter, up from their prior estimate of ($0.25). Wedbush currently has a “Outperform” rating and a $12.00 price target on the stock. The consensus estimate for VinFast Auto’s current full-year earnings is ($0.94) per share. Wedbush also issued estimates for VinFast Auto’s Q3 2024 earnings at ($0.23) EPS, Q2 2025 earnings at ($0.20) EPS, Q4 2025 earnings at ($0.16) EPS and FY2025 earnings at ($0.76) EPS.
VinFast Auto (NASDAQ:VFS – Get Free Report) last issued its quarterly earnings results on Thursday, February 22nd. The company reported ($0.28) earnings per share for the quarter, missing the consensus estimate of ($0.22) by ($0.06). The firm had revenue of $436.51 million during the quarter, compared to analysts’ expectations of $582.34 million.
View Our Latest Research Report on VinFast Auto
VinFast Auto Price Performance
VinFast Auto stock opened at $2.42 on Monday. VinFast Auto has a 1 year low of $2.26 and a 1 year high of $93.00. The firm has a 50-day moving average of $4.65 and a two-hundred day moving average of $5.86.
Institutional Investors Weigh In On VinFast Auto
A number of hedge funds and other institutional investors have recently made changes to their positions in VFS. SG Americas Securities LLC acquired a new stake in shares of VinFast Auto during the 4th quarter valued at about $329,000. QCM Cayman Ltd. acquired a new stake in VinFast Auto in the 3rd quarter worth about $150,000. Saba Capital Management L.P. purchased a new position in shares of VinFast Auto in the third quarter valued at approximately $125,000. Finally, Wolverine Asset Management LLC purchased a new stake in shares of VinFast Auto during the fourth quarter worth approximately $28,000.
VinFast Auto Company Profile
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.
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