NHSV sees VND 70,200 target for Becamex IDC stock

Published on 10/14/2026 at 10:28 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

First-half profit fell 82.60 percent to VND 320.50 billion. Becamex IDC stock was VND 37,950 on October 14, 2026, down 0.52 percent on HOSE.

Target and operating figures

NHSV set a VND 70,200 target for Becamex IDC on September 17, 2026.
First-half net profit fell to VND 320.50 billion in 2026.
Becamex IDC stock was VND 37,950 on HOSE on October 14, 2026 at 2:31 p.m. ICT, down 0.52 percent on the day.
The company had a VND 39.3 trillion market capitalization and a 20.28 price-to-earnings ratio.

Becamex IDC, VN000000BCM3, Illustration mit AI erstellt.

NHSV's recommendation dated September 17, 2026 put a VND 70,200 target on Becamex IDC, 85.00 percent above the VND 37,950 price on October 14. The target appears in 24HMoney, which identifies the recommendation as an NHSV call. Becamex IDC stock was VND 37,950 on HOSE on October 14, 2026 at 2:31 p.m. ICT, down 0.52 percent on the day.

First-half profit falls 82.60 percent

Tin nhanh chung khoan reported on September 25, 2026 that Becamex IDC generated VND 1.66 trillion in revenue during the first half of 2026, down 65.00 percent year over year. Net profit fell 82.60 percent to VND 320.50 billion, leaving the company with a sharply weaker reported earnings base before the forecast period.

Stock stays below its yearly high

The HOSE price reached an intraday high of VND 38,300 and a low of VND 37,000 on October 14, 2026, while volume reached 251,400 shares. The 52-week range was VND 35,000 to VND 78,640, placing the stock 51.76 percent below its high and 8.43 percent above its low.

The market setup therefore combines a wide valuation range with a large gap between current earnings and the analyst case. The price is close to the yearly low in percentage terms, while the VND 70,200 target depends on a substantial improvement from the first-half result.

Valuation and profit expectations

24HMoney lists a market capitalization of VND 39.3 trillion and a price-to-earnings ratio of 20.28 on October 14, 2026. The same page lists a VND 70,200 NHSV target dated September 17 and earlier targets of VND 45,000 from VietinbankSC dated September 7 and VND 63,700 from SHS dated August 10.

In a September 9, 2026 sector report, MBS Research projected Becamex IDC's third-quarter 2026 net profit at VND 1.82 trillion, up 337.00 percent from the same period a year earlier, according to Tin nhanh chung khoan. The report linked the forecast to income recognition from the Hoa Loi resettlement project and projected annual 2026 net profit of VND 3.97 trillion, up 14.00 percent year over year.

Price and target gap

The current HOSE price of VND 37,950 leaves a measurable distance to the VND 70,200 NHSV target, while the first-half results show the operating hurdle behind that valuation. The next results update will determine whether the projected third-quarter acceleration begins to replace the weak first-half base.