Wedbush Rates VinFast Auto (VFS) buy, $6 Price Target
Wedbush reaffirms its positive outlook on VinFast Auto, setting a $6 price target, a 86.34% upside from the current price.
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Wedbush rated VinFast Auto Ltd. ($VFS) "buy" with a $6 price target on June 10, 2026.
Since the rating, $VFS is down 0.3% after 1 week, up 0.0% after 1 month and up 2.3% to date (from the $3.05 close on Jun 10, 2026).
VFS
VinFast Auto Ltd.
Key Points
- Wedbush analyst Dan Ives reiterated a buy rating on VinFast Auto Ltd. (VFS) with a price target of $6 on June 10, 2026.
- Wedbush's $6 price target implies 86.34% upside from VinFast Auto Ltd.'s ($VFS) current $3.22 share price.
- Shares of VinFast Auto Ltd. trade near $3.10 on NasdaqGS, with a market cap of approximately $7.37 billion and a 52-week range of $2.78 to $5.29.
- Institutional investors like Geode Capital and Goldman Sachs have adjusted their positions in VinFast, with Geode growing its stake by 40,168 shares.
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Wedbush analyst Dan Ives has reiterated a buy rating for VinFast Auto Ltd. (NasdaqGS:VFS), setting a price target of $6. This reaffirmation came on June 10, 2026, as part of Wedbush's ongoing coverage of the electric vehicle manufacturer.
Other Institutional Activity in VinFast Auto Ltd.
Several institutional investors have been active in adjusting their positions in VinFast Auto Ltd. Geode Capital Management, LLC increased its holdings by 40,168 shares, ending with 2,031,313 shares valued at about $7.82 million. Tidal Investments LLC also added 77,048 shares, bringing its total to 429,082 shares worth approximately $1.65 million. Goldman Sachs Group Inc. boosted its stake by 58,865 shares, now holding 215,466 shares valued at $829,544. Meanwhile, Bank of America Corp significantly increased its position by 158,855 shares, holding 189,098 shares worth $728,027.
VinFast Auto Ltd. Stock Down 0.3%
Shares of VinFast Auto Ltd. are trading near $3.10 on NasdaqGS. The company has a market capitalization of roughly $7.37 billion. Although its forward P/E ratio is not meaningful due to lack of profitability, the stock has a beta of 0.899, indicating moderate volatility compared to the market. The stock's 52-week low is $2.78, while its high is $5.29. It has a 50-day moving average of $3.90 and a 200-day moving average of $3.45.
$VFS price target
VinFast Auto Ltd. daily closes and this analyst's $6 target. Not advice.
Analysts Set New Price Targets
On June 10, 2026, Wedbush reiterated its buy rating on VinFast Auto Ltd. with a $6 price target. This follows Cantor Fitzgerald's maintenance of a buy rating with a $5 target on June 9, 2026. Chardan Capital has consistently maintained a buy rating with a $5.50 target in previous months. The consensus among analysts is a strong buy, with an average price target of $6.05 based on four opinions.
About VinFast Auto Ltd.
VinFast Auto Ltd. is a Vietnamese company that designs and manufactures electric vehicles, including cars, e-scooters, and e-buses. Operating in Vietnam, Canada, and the United States, the company offers a range of electric vehicles and related services. Headquartered in Hai Phong, Vietnam, with Mr. Vuong Nhat Pham as CEO, VinFast is a subsidiary of Vingroup Joint Stock Company and employs nearly 29,878 people.
Bottom Line
VinFast Auto Ltd. continues to attract attention from analysts and investors alike. Wedbush's reiterated buy rating and $6 price target reflect optimism about the company's potential in the growing electric vehicle market. Investors should note that this information is based on past filings and may not reflect the current situation.
Related Filing Alerts
Source: Wedbush's rating change on $VFS (Jun 10, 2026). Written by software, not financial advice. How we make alerts