Analysts cut target for Vietnam National Petroleum stock to VND 44,467.00
Published on 10/15/2026 at 11:51 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst view and quarterly figures
- The average analyst target fell from VND 48,900.00 to VND 44,467.00 on October 5, 2026.
- Second-quarter revenue reached VND 136.05 trillion, compared with VND 98.70 trillion in the previous quarter.
- Second-quarter net income was VND 2.80 trillion, with earnings per share of VND 2,330.00.
Vietnam National Petroleum (VN000000PLX1) saw its average analyst target fall 9.07 percent from VND 48,900.00 to VND 44,467.00 on October 5, 2026, according to Simply Wall Street. The revised target remained 25.26 percent above the VND 35,500.00 closing reference cited in that update.
Target cut sets the tone
The change covered an average from three analysts, giving the target revision a concrete valuation signal rather than a single-house view. The lower target also leaves a wide gap between the cited market reference and the revised VND 44,467.00 objective, while the target itself was reduced by VND 4,433.00.
For investors, the important detail is the direction of the estimate and the operating base behind it. The October 5 update said the stock had gained 4.00 percent over the preceding year, while the new target was still 25.26 percent above the cited closing level.
What changed in the second quarter?
Vietnam National Petroleum reported second-quarter revenue of VND 136.05 trillion, up from VND 98.70 trillion in the previous quarter, a sequential increase of 37.74 percent, according to Investing.com. The same source reported second-quarter net income of VND 2.80 trillion and earnings per share of VND 2,330.00.
The quarterly figures put the target revision in context. Revenue improved from the previous quarter, but the analyst estimate still moved lower, leaving valuation expectations as a separate issue from the latest reported sales performance.
HOSE listing and company profile
Vietnam National Petroleum Group is listed on the Ho Chi Minh Stock Exchange under ticker PLX, with the company identified in the cited market reference by ISIN VN000000PLX1. Global Banking and Finance identifies the business as an energy company quoted in VND.
The next investor question is whether the second-quarter revenue level can support a higher earnings path than the revised analyst average implies. The available figures show a 37.74 percent sequential revenue increase alongside VND 2.80 trillion in net income, providing the key operating comparison for the valuation discussion.
Quarterly figures frame valuation
Vietnam National Petroleum's second-quarter revenue of VND 136.05 trillion and net income of VND 2.80 trillion provide the clearest company-specific reference for assessing the October 5 target change. The stock's HOSE listing and PLX ticker are identified by Global Banking and Finance.
Vietnam National Petroleum stock at a glance
- Company: Vietnam National Petroleum Group
- ISIN: VN000000PLX1
- Ticker: PLX
- Primary exchange: Ho Chi Minh Stock Exchange
- Sector / Industry: Energy
Market context: Latest market reports.
