VinFast faces earnings test as losses mount amid expansion push

try{ var _=i o; . if(!_||_&&typeof _==="object"&&_.expiry Trump vows to “bomb the hell out of the shoreline” to reopen Hormuz Goldman warns S&P 500 could decline to 6300 if growth weakens Which energy stocks have led and lagged since the Iran conflict Morgan Stanley says Fed risks are skewed towards later and more cuts (South Africa Philippines Nigeria) VinFast faces earnings test as losses mount amid expansion push By Earnings Published 03/15/2026, 09:36 AM VinFast faces earnings test as losses mount amid expansion push 0 VFS -0.64% VinFast Auto will report fourth-quarter earnings before the market opens Monday, as investors weigh whether the Vietnamese electric-vehicle maker’s aggressive global expansion can offset persistent losses and negative margins. Analysts expect VinFast to post a loss of $0.35 per share on revenue of $1.12 billion for the quarter ended December 2025. If realized, the loss would narrow from the $0.41-per-share deficit in the prior quarter, while revenue would surge 56% sequentially from $718.6 million in the third quarter. Year-over-year, the forecast represents a 35% improvement in losses and 65% revenue growth. Analysts rate the stock a Strong Buy with a mean price target of $6.38, implying more than 100% upside from the current $3.12 share price. EPS estimates have remained largely flat over the past week but have edged up 0.69% over the past two months, while revenue estimates have risen 0.37% during the same period, signaling modest confidence in the company’s growth trajectory. What Investors Are Watching The central question is whether VinFast can translate volume growth into margin improvement. The company carries a negative 53% gross margin, and investors will scrutinize whether the sharp sequential revenue increase comes with signs of operating leverage or continued cash burn. Geographic diversification is another key theme, as VinFast has set a 300,000-vehicle delivery target for 2026 and is pushing into India, Indonesia, and the...