VinFast Auto (VFS, Financial) saw its stock surge by 10% to $3.77 after announcing its financial results for the first quarter. The recent performance indicates positive investor sentiment towards the company's outlook. Market observers are paying close attention to VinFast's developments as the company continues to strategize for growth and bolster its position in the competitive auto sector.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 3 analysts, the average target price for VinFast Auto Ltd (VFS, Financial) is $5.83 with a high estimate of $6.00 and a low estimate of $5.50. The average target implies an upside of 70.57% from the current price of $3.42. More detailed estimate data can be found on the VinFast Auto Ltd (VFS) Forecast page.
Based on the consensus recommendation from 4 brokerage firms, VinFast Auto Ltd's (VFS, Financial) average brokerage recommendation is currently 2.0, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.