VinFast Auto’s (VFS) Overweight Rating Reiterated at Cantor Fitzgerald

Cantor Fitzgerald reaffirmed their overweight rating on shares of VinFast Auto (NASDAQ:VFS) in a report issued on Tuesday morning,Benzinga reports. Cantor Fitzgerald currently has a $6.00 target price on the stock. Cantor Fitzgerald also issued estimates for VinFast Auto’s FY2025 earnings at ($1.18) EPS, FY2026 earnings at ($0.82) EPS and FY2026 earnings at ($0.79) EPS.

VFS has been the subject of several other research reports. Chardan Capital reiterated a “buy” rating and issued a $5.50 price objective on shares of VinFast Auto in a research note on Tuesday. BTIG Research downgraded shares of VinFast Auto from a “buy” rating to a “neutral” rating in a research report on Friday, April 25th.

VinFast Auto Stock Performance

VinFast Auto stock opened at $3.54 on Tuesday. The firm has a 50 day moving average price of $3.38 and a two-hundred day moving average price of $3.70. The firm has a market cap of $8.28 billion, a price-to-earnings ratio of -3.22 and a beta of 0.89. VinFast Auto has a 52-week low of $2.56 and a 52-week high of $5.38.

VinFast Auto (NASDAQ:VFS) last released its quarterly earnings data on Monday, June 9th. The company reported ($0.30) earnings per share for the quarter, missing the consensus estimate of ($0.20) by ($0.10). The firm had revenue of $677.89 million for the quarter, compared to the consensus estimate of $21,843.17 billion. As a group, equities research analysts predict that VinFast Auto will post -1.06 EPS for the current fiscal year.

Hedge Funds Weigh In On VinFast Auto

Hedge funds have recently bought and sold shares of the company. Tower Research Capital LLC TRC bought a new stake in shares of VinFast Auto during the 4th quarter worth $26,000. Walleye Trading LLC bought a new stake in VinFast Auto in the 4th quarter valued at about $46,000. Jump Financial LLC bought a new stake in VinFast Auto in the 4th quarter valued at about $51,000. Mariner LLC raised its stake in VinFast Auto by 84.2% in the 4th quarter. Mariner LLC now owns 24,666 shares of the company’s stock valued at $99,000 after acquiring an additional 11,277 shares during the period. Finally, SBI Securities Co. Ltd. bought a new stake in VinFast Auto in the 4th quarter valued at about $153,000.

About VinFast Auto

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.