# VinFast Auto Ltd. (VFS)

> Source: Nexqual · https://nexqual.com/VFS · data as of 2026-11-09 21:00 UTC · cite as "Nexqual, VinFast Auto Ltd. (VFS), nexqual.com/VFS" · informational, not investment advice.

## What changed for VFS since Aug 31, 2025
The built-in knowledge of several widely used AI models ends around Aug 31, 2025. Everything below is newer, dated and sourced (as of Nov 9, 2026).

- VinFast Auto Ltd. (VFS) stock went from USD 3.42 (close of the week of Aug 25, 2025, split-adjusted) to USD 3.29, a -3.8% price change; the S&P 500 (SPY) moved +18.3% over the same period.
- Analyst actions on VFS in the last 120 days: 4 (0 upgrades or target raises, 2 downgrades or target cuts); most recent Chardan Capital, Oct 20, 2026.

**Price:** USD 3.29 (+1.23% on the day) · last close of Nov 9, 2026; US market after hours, not a live price. Prev close 3.25 · day 3.17–3.3 · 52w 2.78–5.29 · market cap $7.70B · NMS

## Key facts
- Analysts: Buy (mean 2.33 on a 1–5 scale) (3 analysts), mean target USD 5.57 (range 4–7.7).
- Total return with dividends: 1Y -6.8% vs S&P 500 +11.6%; 5Y -66.2% vs S&P 500 +72.2%.
- Next earnings: 2026-12-02, EPS estimate USD -0.48, revenue estimate $31.36T. All companies reporting that day: https://nexqual.com/earnings/2026-12-02
- Dividend: VFS paid no cash dividend in the last five years.
- Short interest: 5.85% of float (as of 2026-10-15), 7.7 days to cover.

## Analysts
Consensus Buy (mean 2.33 on a 1–5 scale), 3 analysts; mean target USD 5.57 (low 4, high 7.7).
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-10-20 | Chardan Capital | Target lowered | Buy | $5.5 → $5 |
| 2026-10-20 | Cantor Fitzgerald | Target lowered | Overweight | $5 → $4 |
| 2026-10-16 | Chardan Capital | Maintained | Buy | $5.5 |
| 2026-08-12 | Chardan Capital | Maintained | Buy | $5.5 |

## Total return (dividends reinvested)
|  | 1Y (from 2025-11-10) | 5Y (from 2021-11-08) |
|---|---|---|
| Total return | -6.8% | -66.2% |
| S&P 500 (SPY) | +11.6% | +72.2% |
| Per year | -6.8% | -19.5% |
| Volatility (annualized) | 41.5% | 98.8% |
| Max drawdown | -40.1% (Apr 2026→Jul 2026) | -96.3% (Aug 2023→Apr 2024) |

## Dividends
VFS paid no cash dividend in the last five years.

## Short interest
2,902,545 shares sold short, 5.85% of the float, as of Oct 15, 2026 (exchange short-interest report, published about twice a month). Prior report (Sep 15, 2026): 2,702,713 shares (+7.4%). Days to cover: 7.7 (short shares ÷ average daily volume).

## Peers (Auto Manufacturers)
NIO (NIO Inc.) USD 3.41 +0.59% · XPEV (XPeng Inc.) USD 10.2 -0.39% · LI (Li Auto Inc.) USD 12.34 -1.52% · STLA (Stellantis N.V.) USD 4.42 -0.23% · RIVN (Rivian Automotive, Inc.) USD 14.01 +2.94% · HMC (Honda Motor Company, Ltd.) USD 35.84 +0.17%

## More
Full page: https://nexqual.com/VFS · Free keyless MCP server with the same data and citations: https://mcp.nexqual.com/mcp · Guide for agents: https://nexqual.com/agents · https://nexqual.com/llms.txt

## Supply chain and relationships (SEC annual reports)

Named in VFS's own 20-F filed 2026-04-30 (https://www.sec.gov/Archives/edgar/data/1913510/000110465926052266/vfs-20251231x20f.htm):

| Relationship | Company | Sentence in the filing |
|---|---|---|
| Supplier | Selling Securityholders and Gotion | "We source battery packs or cells from a variety of third-party suppliers including Gotion, Samsung SDI and Contemporary Amperex Technology Co. Limited ("CATL")." |
| Supplier | Siemens | "The technology in this facility is also sourced from automated production providers, such as KUKA, ABB, Siemens and Durr." |
| Supplier | Samsung Electronics | "We source battery packs or cells from a variety of third-party suppliers including Gotion, Samsung SDI and Contemporary Amperex Technology Co. Limited ("CATL")." |
| Supplier | CATL | "We source battery packs or cells from a variety of third-party suppliers including Gotion, Samsung SDI and Contemporary Amperex Technology Co. Limited ("CATL")." |
| Supplier | LEAR CORP (LEA) | "There are a number of key suppliers on-site in Hai Phong, including Lear Corporation and Grupo Antolin." |
| Supplier | Tech Energy Solutions | "In December 2024 and April 2025, VinEG and VinES Ha Tinh entered into purchase agreements with V‑G High‑Tech Energy Solutions Co., Ltd. ("V‑G"), our joint venture with Gotion, either directly or through a purchase agency…" |
| Partner | Pininfarina | "We have worked with our global design partners, including Pininfarina and GoMotiv, to ensure each of our vehicles offers a distinctive and unique style." |
| Partner | Marubeni | "We intend to achieve this by collaborating with Marubeni on researching and manufacturing battery energy storage systems ("BESS") using recycled EV batteries." |
| Partner | Saigon Glory | "We have entered into an investment cooperation and business opportunity exploration agreement with Saigon Glory Limited Liability Company ("SGC"), a Vietnam-incorporated company engaged in real estate development and ass…" |
| Partner | NVIDIA (NVDA) | "We have collaborated with cutting-edge technology companies to leverage our existing core competencies, including collaborations with NVIDIA, BlackBerry, Erae AMS, Quanta Computer Inc., and Vector Informatik GmbH, Autobr…" |
| Partner | Quanta Computer | "We have collaborated with cutting-edge technology companies to leverage our existing core competencies, including collaborations with NVIDIA, BlackBerry, Erae AMS, Quanta Computer Inc., and Vector Informatik GmbH, Autobr…" |
| Partner | Vector Informatik | "We have collaborated with cutting-edge technology companies to leverage our existing core competencies, including collaborations with NVIDIA, BlackBerry, Erae AMS, Quanta Computer Inc., and Vector Informatik GmbH, Autobr…" |
| Partner | AVL List | "We have collaborated with cutting-edge technology companies to leverage our existing core competencies, including collaborations with NVIDIA, BlackBerry, Erae AMS, Quanta Computer Inc., and Vector Informatik GmbH, Autobr…" |
| Partner | Amazon (AMZN) | "We have collaborated with cutting-edge technology companies to leverage our existing core competencies, including collaborations with NVIDIA, BlackBerry, Erae AMS, Quanta Computer Inc., and Vector Informatik GmbH, Autobr…" |
| Partner | T-Mobile (TMUS) | "We have collaborated with cutting-edge technology companies to leverage our existing core competencies, including collaborations with NVIDIA, BlackBerry, Erae AMS, Quanta Computer Inc., and Vector Informatik GmbH, Autobr…" |

## Analyst estimates and revisions

| Period | EPS est. | 90d ago | Change | Revenue est. | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends 2026-09-30) | $-0.47 | $-0.33 | −$0.15 | $31.36T | 2 |
| Next quarter (ends 2026-12-31) | $-0.54 | $-0.38 | −$0.16 | $41.36T | 2 |
| Current fiscal year (ends 2026-12-31) | $-1.96 | $-1.53 | −$0.42 | $126.36T | 2 |
| Next fiscal year (ends 2027-12-31) | $-1.36 | $-1.02 | −$0.34 | $188.16T | 3 |

## Options: expected move (Cboe, 15-min delayed)

Expected move by 2026-12-18 (includes earnings 2026-12-02): ±18.5%; earnings reaction alone ±8.4%.

| Expiration | Days | ATM IV | Expected move |
|---|---|---|---|
| 2026-11-20 | 11 | 65.0% | ±10.0% |
| 2026-12-18 | 39 | 68.8% | ±18.5% |
| 2027-01-15 | 67 | 72.6% | ±24.7% |
| 2027-03-19 | 130 | 62.1% | ±28.5% |

## Earnings history and stock reaction
| Results filed | Quarter | EPS | Consensus | Surprise | Stock reaction |
|---|---|---|---|---|---|
| — | Quarter ended Jun 30, 2026 | −$0.53 | −$0.37 | Miss −43.2% | — |
| — | Quarter ended Mar 31, 2026 | −$0.48 | −$0.29 | Miss −65.5% | — |
| — | Quarter ended Dec 31, 2025 | −$0.60 | −$0.36 | Miss −66.7% | — |
| — | Quarter ended Sep 30, 2025 | −$0.41 | −$0.29 | Miss −41.4% | — |
EPS as reported against the analyst consensus before the release; surprise uses the cent-rounded figures shown (in dollars when EPS and consensus have opposite signs). Stock reaction = close before the results to close after (the first close following a release after the bell or before the open).

## Recent SEC filings (last 120 days)
| Filed | Form | What it says | Filing |
|---|---|---|---|
| 2026-10-29 | 6-K | Current report (foreign issuer) · period ended Oct 29, 2026 | https://www.sec.gov/Archives/edgar/data/1913510/000118518526005053/0001185185-26-005053-index.htm |
| 2026-10-19 | 6-K | Current report (foreign issuer) · period ended Oct 19, 2026 | https://www.sec.gov/Archives/edgar/data/1913510/000118518526004821/0001185185-26-004821-index.htm |
| 2026-10-13 | 6-K | Current report (foreign issuer) · period ended Oct 13, 2026 | https://www.sec.gov/Archives/edgar/data/1913510/000118518526004691/0001185185-26-004691-index.htm |
| 2026-09-28 | 6-K | Current report (foreign issuer) · period ended Sep 28, 2026 | https://www.sec.gov/Archives/edgar/data/1913510/000118518526004359/0001185185-26-004359-index.htm |
| 2026-09-16 | 6-K | Current report (foreign issuer) · period ended Sep 15, 2026 | https://www.sec.gov/Archives/edgar/data/1913510/000118518526004033/0001185185-26-004033-index.htm |
| 2026-09-14 | 6-K | Current report (foreign issuer) · period ended Sep 14, 2026 | https://www.sec.gov/Archives/edgar/data/1913510/000118518526003968/0001185185-26-003968-index.htm |
| 2026-09-11 | 6-K | Current report (foreign issuer) · period ended Sep 11, 2026 | https://www.sec.gov/Archives/edgar/data/1913510/000118518526003926/0001185185-26-003926-index.htm |
| 2026-08-11 | 6-K | Current report (foreign issuer) · period ended Aug 11, 2026 | https://www.sec.gov/Archives/edgar/data/1913510/000118518526003398/0001185185-26-003398-index.htm |
| 2026-07-30 | 6-K | Current report (foreign issuer) · period ended Jul 30, 2026 | https://www.sec.gov/Archives/edgar/data/1913510/000118518526003172/0001185185-26-003172-index.htm |
Source: SEC EDGAR. Quotes are the opening words of each item as filed.