Cantor Fitzgerald Forecasts VinFast Auto FY2025 Earnings

VinFast Auto Ltd. (NASDAQ:VFS - Free Report) - Investment analysts at Cantor Fitzgerald reduced their FY2025 earnings estimates for shares of VinFast Auto in a research report issued to clients and investors on Tuesday, June 10th. Cantor Fitzgerald analyst A. Sheppard now forecasts that the company will post earnings of ($1.18) per share for the year, down from their previous forecast of ($1.12). Cantor Fitzgerald has a "Overweight" rating and a $6.00 price objective on the stock. The consensus estimate for VinFast Auto's current full-year earnings is ($1.06) per share. Cantor Fitzgerald also issued estimates for VinFast Auto's FY2026 earnings at ($0.82) EPS.

Other equities analysts have also recently issued reports about the stock. Chardan Capital reissued a "buy" rating and issued a $5.50 target price on shares of VinFast Auto in a research note on Tuesday. BTIG Research cut VinFast Auto from a "buy" rating to a "neutral" rating in a report on Friday, April 25th.

VinFast Auto Stock Performance

NASDAQ VFS traded down $0.02 during trading hours on Thursday, reaching $3.54. 443,894 shares of the company's stock were exchanged, compared to its average volume of 829,286. The company's 50-day moving average is $3.36 and its two-hundred day moving average is $3.70. VinFast Auto has a one year low of $2.56 and a one year high of $5.38. The company has a market capitalization of $8.28 billion, a price-to-earnings ratio of -3.22 and a beta of 0.89.

VinFast Auto (NASDAQ:VFS - Get Free Report) last released its earnings results 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 business had revenue of $677.89 million for the quarter, compared to the consensus estimate of $21,843.17 billion.

Institutional Investors Weigh In On VinFast Auto

Institutional investors have recently made changes to their positions in the business. Tidal Investments LLC lifted its position in shares of VinFast Auto by 10.9% in the 4th quarter. Tidal Investments LLC now owns 191,130 shares of the company's stock worth $770,000 after purchasing an additional 18,709 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd. bought a new stake in VinFast Auto during the 4th quarter valued at about $600,000. SBI Securities Co. Ltd. bought a new stake in VinFast Auto during the 4th quarter valued at about $153,000. Mariner LLC increased its stake in VinFast Auto by 84.2% during the 4th quarter. Mariner LLC now owns 24,666 shares of the company's stock valued at $99,000 after purchasing an additional 11,277 shares in the last quarter. Finally, Jump Financial LLC bought a new stake in VinFast Auto during the 4th quarter valued at about $51,000.

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.