FPT shares fell 4.74% to VND 50,200 on November 2, their lowest level in three years, and are down more than 56% since early February 2025, wiping out over VND 120,800 billion in market value. Foreign investors net sold more than 210 million shares, worth nearly VND 17,000 billion, in the first 10 months of the year, cutting foreign ownership to about 27%. Investors are also worried that AI could reduce demand for traditional outsourced software services, weighing on valuations across global IT services firms. Meanwhile, profit attributable to parent shareholders reached a record VND 2,723 billion in Q3 2026, and nine-month revenue rose 12.4% to VND 40,023 billion. AI and data analytics services revenue jumped 55% to VND 2,915 billion, while Vietcap forecasts profit growth averaging 14% a year over 2026–2029, versus 22% in 2021–2024.
Summary written by Upside AI from the original article. Read the source for full details.
Original headline: FPT mất 120.000 tỷ vốn hóa
Keywords
FPTforeign investorsartificial intelligenceearnings
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Related tickers and likely impact
FPT
▼ Likely negativeFPT Corp
Relevance: high
| Market | Vietnam stocks |
|---|---|
| Exchange | HOSE |
| Sector | Technology |
| Industry | Computer Services |
| Market cap | 94,664 bn VND |
| P/E | 9.2 |
| P/B | 2.21 |
| Close on 11/02/2026 | 50.20 |
| Change that session | -4.74% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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