Streetbeat News

VFS

VinFast Auto Ltd.

Industry

Auto - Manufacturers

VinFast Auto Ltd., an automotive manufacturer, engages in Automobiles and E-scooter related business in Vietnam and the United States. The company operates through Automobiles, E-scooter, Spare Parts, and Aftermarket Services segments. The Automobiles segment offers design, development, manufacturing, and sale of cars and electric buses. The E-scooter segment provides design, development, manufacturing, and sales of e-scooters. The Spare Parts, and Aftermarket Services segment engages in sale of spare parts and aftermarket services for automobiles and e-scooters. VinFast Auto Ltd. is based in Hai Phong City, Vietnam. The company operates as a subsidiary of Vingroup Joint Stock Company.

Open

4.35

Mkt cap

11B

Volume

718K

High

4.57

P/E Ratio

-4.40

52-wk high

8.78

Low

4.32

Div yield

N/A

52-wk low

2.25

VinFast, a Vietnamese electric vehicle manufacturer, plans to build a second production plant in Vietnam to double its output capacity. This expansion is aimed at meeting the increased demand for its small and mid-sized EV models.

Portfolio Pulse from

December 08, 2024 | 6:00 am

VinFast has introduced the VF 9, an all-electric, seven-seater SUV, in Canada. The VF 9 aims to redefine the full-size SUV segment with its luxurious design, spacious interior, and commitment to sustainability. This launch aligns with the growing demand for large SUVs, which accounted for nearly half of car sales in 2023.

Portfolio Pulse from

November 28, 2024 | 2:00 pm

VinFast Auto Ltd (NASDAQ:VFS) received an 'Outperform' rating from Wedbush analysts despite a mixed Q3 earnings report. Analysts see potential growth for the Vietnamese EV maker, maintaining an $8 price target. VFS shares rose 3.7% to $4.

Portfolio Pulse from

November 27, 2024 | 8:30 pm

VinFast Auto reported strong Q3 earnings with significant growth in EV deliveries and revenue, and a narrowing of losses, indicating a potential path to profitability. The company achieved 49% Y/Y revenue growth and 115% Y/Y delivery growth, with improved gross margins.

Portfolio Pulse from

November 27, 2024 | 12:45 pm

Vietnamese electric vehicle manufacturer VinFast reported a net loss of $550 million for the third quarter, which is an improvement compared to the same period last year due to increased sales.

Portfolio Pulse from

November 27, 2024 | 9:45 am

VinFast Auto Ltd. (VFS) held its Q3 2024 earnings call, discussing financial performance and company updates. Key participants included the Chairwoman and CFO, with analysts from Cantor Fitzgerald, BTIG, and Webs attending.

Portfolio Pulse from

November 26, 2024 | 4:15 pm

VinFast Auto Ltd. (Nasdaq: VFS) has released its unaudited financial results for Q3 2024, highlighting its ongoing mission to make electric vehicles accessible to everyone.

Portfolio Pulse from

November 26, 2024 | 3:15 pm

VinFast, a Vietnamese electric vehicle maker, reported a narrower third-quarter loss than expected and outperformed international rivals in its home market, leading to a rise in its stock price.

Portfolio Pulse from

November 26, 2024 | 1:45 pm

VinFast, an electric vehicle brand, has partnered with Food Banks Canada to launch an initiative where 100 meals will be donated for every test drive of a VinFast EV. The initiative aims to provide up to 100,000 meals by the end of 2024.

Portfolio Pulse from

November 21, 2024 | 7:00 pm

VinFast, a Nasdaq-listed electric vehicle company, will receive $3.35 billion in funding from its founder and parent company, Vingroup, by 2026. The company aims to break even by that year.

Portfolio Pulse from

November 12, 2024 | 10:30 am

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