VinFast's losses widen after offering promotions to boost EV sales in Asia

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BTIG Downgrades VinFast Auto Ltd. (VFS) to Neutral

April 24, 2025 4:07 PM EDT

BTIG analyst Greg Lewis downgraded VinFast Auto Ltd. (NASDAQ: VFS) from Buy to Neutral.

The analyst comments "This morning (BMO), VFS reported 4Q24 with the stock up ~4% on the day (S&P up ~2%) with revenue at ~$678M inline with consensus of ~$676M... More