VinFast stock maintains Overweight rating at Cantor Fitzgerald
Investing.com
Published Jul 07, 2025 08:18AM ET
Investing.com - Cantor Fitzgerald has reiterated an Overweight rating and $6.00 price target on VinFast Auto Ltd. (NASDAQ:VFS), representing a potential 65% upside from the current price of $3.64. According to InvestingPro data, analysts expect strong sales growth this year, with revenue forecast to increase by 84%.
The firm maintained its positive outlook following VinFast's announcement of a new electric vehicle manufacturing facility in Vũng Áng, Hà Tĩnh, Vietnam.
This new production site represents VinFast's fifth manufacturing facility globally and its second in Vietnam, expanding the company's production footprint.
The facility covers approximately 360,000 square meters of space, according to information provided by VinFast management.
The plant has an annual production capacity of 200,000 vehicles, potentially allowing VinFast to significantly increase its manufacturing output.
In other recent news, VinFast Auto Ltd. reported significant financial results for the first quarter of 2025, with revenues reaching approximately $656.5 million, surpassing both Cantor Fitzgerald's and Visible Alpha Consensus estimates. The company delivered 36,330 vehicles in the quarter, exceeding the Visible Alpha Consensus forecast of 27,138. Despite these strong figures, VinFast recorded an adjusted EBITDA loss of about $396 million and a net loss of approximately $712.4 million, both higher than analysts' expectations. Cantor Fitzgerald maintained its Overweight rating on VinFast, with a price target of $6.00, following these results.
Additionally, VinFast announced the opening of its first authorized dealership in California, a significant step in its U.S. expansion strategy. The San Diego location will offer customers the chance to explore and purchase VinFast's electric SUVs, including the VF (NYSE:VFC) 8 and VF 9 models. In Vietnam, the company reported delivering 11,496 electric vehicles in May 2025, bringing year-to-date deliveries to 56,187 units. VinFast continues to focus on inclusive pricing to make electric vehicles more accessible, with the VF 8 model starting at $39,900 for the Eco trim. The company offers a 10-year vehicle warranty and a 10-year unlimited mileage battery warranty for non-commercial use as part of its customer service strategy.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.
Get The News You Want
Written By: Investing.com
Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.