Overview
Vietnam EV maker's preliminary Q4 revenue rose 139% yr/yr, driven by higher vehicle deliveries
Q4 preliminary gross margin improved to negative 39.9% from negative 79.1% a year ago
Outlook
Company says scale and unit cost optimization are primary focus areas for profitability in 2026
VinFast plans strategic investments to expand overseas capacity and commercialize next-gen vehicles
Result Drivers
HIGHER DELIVERIES - Q4 EV deliveries rose 127% quarter-over-quarter and 63% yr/yr, with commercial models and international markets contributing to growth
SCALE AND COST OPTIMIZATION - Co said gross margin improvement reflected benefits of scale and a more optimized cost structure
Company press release: ID:nPn4HxcS0a
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q4 Gross Margin | -39.90% |
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"
Wall Street's median 12-month price target for VinFast Auto Ltd is $6.00, about 93.5% above its March 13 closing price of $3.10
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)