Vietnam National Petroleum stock: Vietcap targets Vietnam National Petroleum stock at VND 43,200
Published on 10/16/2026 at 16:50 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSTarget and quarterly valuation
- Vietcap assigned a VND 43,200 target on October 9, 2026.
- Second-quarter net income reached VND 2.80 trillion on September 2, 2026.
- Vietnam National Petroleum stock costs VND 35,050.00 at 3:09 p.m. ICT on October 16, 2026, down 1.41 percent on HOSE.
- Vietnam National Petroleum reported a P/E of 18.16 and a dividend yield of 3.31 percent.
Vietnam National Petroleum (ISIN VN000000PLX1) remains below Vietcap's VND 43,200 target dated October 9, 2026, leaving a calculated 23.25 percent gap to the target. According to 24HMoney, Vietcap issued a Buy recommendation with that target. The latest HOSE quote was VND 35,050.00 at 3:09 p.m. ICT on October 16, 2026, down 1.41 percent on the day.
Quarterly profit turns positive
Vietnam National Petroleum reported VND 136.05 trillion in sales revenue and VND 2.80 trillion in net income for the second quarter of 2026. Investing.com reported the period figures on a page updated October 16, 2026. Net income increased from a loss of VND 762.97 billion in the previous quarter, while revenue rose from VND 98.70 trillion.
Stock stays near its yearly low
The October 16 price stood VND 3,530.00 above the 52-week low of VND 31,520.00 and VND 32,040.00 below the 52-week high of VND 67,090.00. The intraday range was VND 34,950.00 to VND 35,750.00, with 5,070,900 shares traded. Those levels place the stock materially closer to its yearly low than its yearly high.
Valuation keeps the focus on earnings
Vietnam National Petroleum had a market capitalization of VND 45.4 trillion, a P/E ratio of 18.16 and a dividend yield of 3.31 percent on October 16, 2026. The latest reported quarter also showed a net margin of 2.20 percent, compared with 1.80 percent in the second quarter of 2025. The combination of a positive quarterly result and a price below the analyst target gives the earnings figures a direct role in the stock's valuation discussion.
Comparison with peers
Vietnam National Petroleum: minus 1.41 percent, P/E 18.16, market capitalization VND 45.4 trillion
PVS: minus 0.63 percent
PVD: minus 0.28 percent
Price and investor perspective
Vietnam National Petroleum stock was VND 35,050.00 at 3:09 p.m. ICT on October 16, 2026, down 1.41 percent on HOSE. The price remained above the day's low of VND 34,950.00 and below the day's high of VND 35,750.00.
Vietnam National Petroleum market data
- Company: Vietnam National Petroleum Group
- ISIN: VN000000PLX1
- Ticker: PLX
- Primary exchange: HOSE
- Price: VND 35,050.00 at 3:09 p.m. ICT on October 16, 2026
- Change on HOSE: minus 1.41 percent
- Market capitalization: VND 45.4 trillion (as of October 16, 2026)
- 52-week range: VND 31,520.00-VND 67,090.00 (as of October 16, 2026)
- P/E ratio: 18.16
- Dividend yield: 3.31 percent
Market context: Current market reports.
