FPT reported VND 6.659 trillion profit as FPT stock stood lower 31.38 percent

Published on 10/08/2026 at 11:56 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Technology revenue hit VND 27.298 trillion, up 16.00 percent in seven months. FPT stock was VND 59,700 on October 8, 2026, down 31.38 percent YTD.

FPT, VN000000FPT1, Illustration mit AI erstellt.

FPT (VN000000FPT1) reported VND 6.659 trillion in profit before tax for the first seven months of 2026, up 18.30 percent year over year, while FPT stock stood 31.38 percent lower year to date. The figures and the market context frame a stock story in which operating growth and valuation pressure are moving in opposite directions.

Technology remains the growth engine

According to FPT on October 3, 2026, revenue reached VND 30.784 trillion in the first seven months, an increase of 13.60 percent from the same period of 2025. The technology sector generated VND 27.298 trillion, up 16.00 percent, and digital transformation revenue reached VND 11.127 trillion, up 20.80 percent.

The operating mix is important because the technology division is carrying the expansion. Global IT Services revenue reached VND 18.902 trillion in the first half of 2026, up 13.40 percent, while newly signed contracts reached VND 26.338 trillion, up 32.30 percent, according to the same FPT release.

Analyst target sits above HOSE price

VDSC issued a price target of VND 89,300 on August 26, 2026, according to CafeF. The report projected 2026 net revenue of VND 57.736 trillion and parent-company net profit of VND 10.564 trillion, with the revenue forecast affected by a change in the consolidation treatment of FPT Telecom.

That target stands against an FPT reference price of VND 59,700 on the Ho Chi Minh Stock Exchange on October 8, 2026. The gap matters because the stock's year-to-date decline of 31.38 percent has occurred while the company continues to post double-digit growth in revenue and profit.

Growth meets a weaker share price

For investors, the key tension is visible in the numbers: seven-month revenue rose 13.60 percent and profit before tax rose 18.30 percent, while the stock's year-to-date performance was negative 31.38 percent. The contrast leaves execution, overseas contract momentum and the treatment of FPT Telecom as the central valuation variables.

FPT trades under ticker FPT on HOSE. Its reported first-half contract growth and seven-month technology performance provide measurable operating support, while the VDSC target supplies a dated external valuation reference rather than a forecast from this article.