ABSTRACT: Stock prices are influenced by various factors, among which information from the financial statements of listed companies plays a crucial role. Investors frequently rely on financial statement data to make decisions regarding buying, holding, or selling stocks; consequently, the relationship between accounting information and stock prices remains a significant subject of interest for researchers. This study utilizes a sample of 356 companies listed on the Ho Chi Minh City Stock Exchange (HOSE) over the 2020–2024 period, comprising a total of 1,780 observations. The empirical results indicate that Earnings Per Share (EPS) has a strong positive impact on stock prices, with a coefficient of 1.725, significant at the 1% level (p < 0.01). This suggests that an increase in a company's EPS tends to drive its stock price upward, reflecting investors' expectations of the firm's future profitability