VinFast Auto (NASDAQ:VFS) Releases Earnings Results, Misses Expectations By $0.12 EPS

VinFast Auto (NASDAQ:VFS) issued its earnings results on Monday. The company reported ($0.48) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.36) by ($0.12), FiscalAI reports. The company had revenue of $921.00 million for the quarter, compared to analyst estimates of $1.01 billion.

Here are the key takeaways from VinFast Auto’s conference call:

• Deliveries surged 61% year over year to 58,577 vehicles in Q1 2026, while electric two-wheeler deliveries jumped 219% to about 143,000 units, underscoring strong demand momentum in Vietnam and select international markets.
• VinFast said its adjusted gross margin improved materially to -22.5% in Q1 from -47.2% in Q4, excluding the impact of the extended free charging program, revenue deferrals, and NRV adjustments. The company also reported revenue growth of 41.7% year over year.
• The company outlined a more capital-light operating model, including the spin-off of Vietnam manufacturing assets and a strategic partnership with GSM. Management said these moves should improve financing flexibility, visibility into orders, and long-term capital allocation.
• VinFast highlighted rapid expansion in Asia, including record market share in Vietnam’s two-wheeler market, continued traction in the Philippines and Indonesia, and ongoing dealership growth in India, where it opened its 50th dealership and remains on track to double its footprint by year-end.
• Despite revenue growth, the quarter remained deeply loss-making, with adjusted EBITDA of negative $783 million and net loss margin of -121.6%, while the company said the extended free charging program materially pressured reported margins in the period.

VinFast Auto Stock Down 0.3%

VinFast Auto stock opened at $3.04 on Wednesday. The stock has a market cap of $7.12 billion, a P/E ratio of -1.65 and a beta of 0.66. VinFast Auto has a twelve month low of $2.78 and a twelve month high of $5.28. The company’s 50-day moving average price is $3.94 and its two-hundred day moving average price is $3.52.

Key VinFast Auto News

Here are the key news stories impacting VinFast Auto this week:

• Positive Sentiment: Chardan Capital reiterated a Buy rating on VinFast Auto and set a $5.50 price target, implying meaningful upside from recent trading levels. Benzinga
• Positive Sentiment: VinFast said its global Q1 2026 revenue rose 42% year over year, suggesting continued top-line expansion despite ongoing losses. VinFast’s Global Revenue in Q1 2026 Increased 42% Year Over Year
• Neutral Sentiment: VinFast’s Q1 earnings call emphasized an Asia-led growth reset and an asset-light strategy, which may support long-term execution but does not change near-term financial results. VinFast’s Q1 Earnings Call Focuses on Asia Growth & Reset
• Negative Sentiment: The company reported a Q1 loss of $0.48 per share, wider than the expected $0.31 loss, and revenue of $921 million missed the $1.03 billion estimate, reinforcing concerns about profitability and demand. VinFast Auto Earnings Report
• Negative Sentiment: Delivery and revenue misses in the first quarter have added to investor skepticism, even after management pointed to longer-term growth plans. VinFast posts wider first-quarter loss as revenue and deliveries miss expectations

Analyst Ratings Changes

A number of analysts have recently issued reports on the company. Wall Street Zen raised VinFast Auto from a “strong sell” rating to a “sell” rating in a research report on Saturday. Cantor Fitzgerald decreased their target price on VinFast Auto from $6.00 to $5.00 and set an “overweight” rating on the stock in a report on Tuesday. Finally, Chardan Capital restated a “buy” rating and issued a $5.50 price target on shares of VinFast Auto in a research note on Tuesday. Three equities research analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $5.50.

Hedge Funds Weigh In On VinFast Auto

Several institutional investors and hedge funds have recently made changes to their positions in the company. Lazard Asset Management LLC bought a new position in shares of VinFast Auto during the fourth quarter worth approximately $600,000. Goldman Sachs Group Inc. boosted its stake in VinFast Auto by 87.1% in the 4th quarter. Goldman Sachs Group Inc. now owns 156,601 shares of the company’s stock valued at $523,000 after purchasing an additional 72,923 shares during the period. Bank of America Corp DE grew its holdings in VinFast Auto by 132.3% in the 3rd quarter. Bank of America Corp DE now owns 75,194 shares of the company’s stock valued at $242,000 after buying an additional 42,826 shares in the last quarter. Vident Advisory LLC increased its position in VinFast Auto by 72.0% during the 4th quarter. Vident Advisory LLC now owns 86,449 shares of the company’s stock worth $289,000 after buying an additional 36,198 shares during the period. Finally, LPL Financial LLC bought a new position in VinFast Auto during the 4th quarter worth $105,000.

About VinFast Auto

VinFast Auto, founded in 2017 as a subsidiary of Vietnam’s Vingroup, specializes in the design, development and manufacturing of electric vehicles and related mobility solutions. Headquartered in Haiphong, Vietnam, the company operates an integrated production complex that houses research and development, manufacturing and assembly facilities. Backed by Vingroup founder Pham Nhat Vuong, VinFast has rapidly expanded its product line from its first electric SUV, the VF e34, launched in late 2021, to a diverse portfolio of battery electric cars and electric scooters.

The company’s vehicle lineup includes the VF 8 and VF 9 sport utility vehicles, as well as electric passenger cars tailored for markets in Asia, North America and Europe.