VinFast Auto (NASDAQ:VFS) Releases Earnings Results, Misses Estimates By $0.17 EPS

VinFast Auto (NASDAQ:VFS) released its quarterly earnings data on Monday. The company reported ($0.48) earnings per share for the quarter, missing the consensus estimate of ($0.31) by ($0.17), FiscalAI reports. The company had revenue of $921.00 million during the quarter, compared to analysts’ expectations of $1.03 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 4.5%

NASDAQ VFS traded down $0.15 during mid-day trading on Monday, hitting $3.07. The stock had a trading volume of 717,256 shares, compared to its average volume of 586,526. The company has a 50 day simple moving average of $3.95 and a 200 day simple moving average of $3.53. The company has a market cap of $7.18 billion, a price-to-earnings ratio of -1.85 and a beta of 0.66. VinFast Auto has a 52-week low of $2.78 and a 52-week high of $5.28.

Institutional Investors Weigh In On VinFast Auto

A number of large investors have recently bought and sold shares of VFS. Renaissance Technologies LLC acquired a new stake in VinFast Auto during the 4th quarter valued at $40,000. PharVision Advisers LLC acquired a new stake in VinFast Auto during the 3rd quarter valued at $43,000. Quadrature Capital Ltd acquired a new stake in VinFast Auto during the 4th quarter valued at $48,000. Brooklyn Investment Group acquired a new stake in VinFast Auto during the 3rd quarter valued at $61,000. Finally, State of Wyoming acquired a new stake in VinFast Auto during the 2nd quarter valued at $63,000.

Analyst Upgrades and Downgrades

VFS has been the subject of several research analyst reports. Chardan Capital reaffirmed a “buy” rating and issued a $5.50 price objective on shares of VinFast Auto in a research note on Thursday, April 23rd. Wall Street Zen raised VinFast Auto from a “strong sell” rating to a “sell” rating in a research note on Saturday. Three research analysts have rated the stock with a Buy rating and one has given a Sell rating to the company. Based on data from MarketBeat, VinFast Auto presently has an average rating of “Moderate Buy” and a consensus price target of $5.83.

VinFast Auto Company Profile

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.