VDSC sets VND 89,300 target for FPT stock

Published on 10/12/2026 at 09:06 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

VDSC set a VND 89,300 target for FPT stock on August 26, 2026. Eight-month revenue rose 13.50 percent to VND 35.408 trillion.

Key points in brief

VDSC set a VND 89,300 target for FPT stock in a report dated August 26, 2026.
FPT reported VND 35.408 trillion in revenue for the first eight months, up 13.50 percent year over year.
AI and data analytics revenue reached VND 2.555 trillion, up 60.00 percent in the first eight months.
FPT is scheduled to publish its next earnings report on December 2, 2026.

FPT, VN000000FPT1, Illustration mit AI erstellt.

VDSC set a VND 89,300 target for FPT stock in a report dated August 26, 2026, according to CafeF. The report projects 2026 net revenue of VND 57.736 trillion and parent-company profit after tax of VND 10.564 trillion.

Three dated growth milestones

On August 26, 2026, VDSC published the VND 89,300 target through CafeF. On September 22, 2026, FPT reported VND 35.408 trillion in revenue for the first eight months, up 13.50 percent year over year, according to 24HMoney. On October 3, 2026, FPT recorded VND 30.784 trillion in revenue for the first seven months, up 13.60 percent, in its company release.

What supports the AI case?

The first-eight-month figures show where FPT is concentrating its expansion. AI and data analytics revenue reached VND 2.555 trillion, up 60.00 percent year over year, while digital transformation revenue rose 19.70 percent to VND 12.659 trillion, according to 24HMoney.

Foreign-market technology services generated VND 25.529 trillion in the first eight months, up 13.80 percent. New overseas contracts reached VND 33.285 trillion, up 28.20 percent, giving the order pipeline a faster growth rate than total revenue in the same period.

Dates and operating scale

FPT's next earnings report is scheduled for December 2, 2026, according to Investing.com. FPT reported VND 18.902 trillion in global IT services revenue in the first half of 2026, up 13.40 percent, and VND 26.338 trillion in newly signed contracts, up 32.30 percent, in its October 3 company release.

Growth meets valuation debate

The figures create a clear split in the investment case: operating growth remains visible, while the target report uses a 2026 projected price-to-earnings ratio of 12.30 times and expects a VND 2,000 cash dividend per share over the following 12 months. The forecast revenue of VND 57.736 trillion is lower than the eight-month reported revenue annualization would suggest because the report reflects a changed consolidation method for FOX.

FPT is listed on the Ho Chi Minh Stock Exchange under ticker FPT and operates in information technology, with activities spanning global IT services, digital transformation, AI, semiconductors and education.