VinFast Auto: Chardan Capital maintains Buy, PT raised to $5.5 from $5.5.
VinFast Auto Ltd. (NASDAQ: VFS) received a positive update from Chardan Capital, which maintained its "buy" rating on the stock and raised its price target from $5.50 to $5.50 in a recent research report [2]. The stock price moved up during mid-day trading on Monday, reaching $3.53, with a trading volume of 302,850 shares, compared to its average volume of 758,915 [2].
The company's quarterly earnings data, released on Monday, June 9th, showed an earnings per share (EPS) of -$0.30, which missed analysts' consensus estimates of -$0.20 by -$0.10. Revenue for the quarter was $677.89 million, compared to analyst expectations of $21,843.17 billion [2].
Analysts predict that VinFast Auto Ltd. will post an EPS of -$1.06 for the current fiscal year. The company has a market capitalization of $8.26 billion, a P/E ratio of -2.52, and a beta of 0.92. The stock's 50-day simple moving average is $3.54, and its 200-day simple moving average is $3.58 [2].
Several hedge funds have recently bought and sold shares of VFS. Tidal Investments LLC increased its position in VinFast Auto by 10.9% during the 4th quarter, now owning 191,130 shares worth $770,000 after purchasing an additional 18,709 shares [2].
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 [1].
References:
[1] https://www.marketbeat.com/instant-alerts/vinfast-auto-nasdaqvfs-stock-price-down-29-time-to-sell-2025-07-03/
[2] https://www.marketbeat.com/instant-alerts/vinfast-auto-nasdaqvfs-receives-buy-rating-from-chardan-capital-2025-07-07/
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