Full Truck Alliance Co Ltd (YMM) experienced a price decline of 5.00%, crossing below its 5-day SMA, as the broader market showed positive movement with the Nasdaq-100 up 0.24% and the S&P 500 up 0.15%.
This decline occurs despite Bright Valley Capital's recent acquisition of 2.57 million shares valued at $33.36 million, indicating confidence in the company's growth potential. The investment represents a significant portion of Bright Valley's U.S. equity AUM, highlighting YMM's importance in the logistics sector. However, the stock has underperformed the S&P 500 over the past year, reflecting a cautious market sentiment.
Investors should consider the implications of the recent revenue growth reported by Full Truck Alliance, which showed an 11% year-over-year increase, but also note the challenges posed by declining net income. This mixed performance may lead to further scrutiny of the stock's valuation and future growth prospects.
Wall Street analysts forecast YMM stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for YMM is 12.30 USD with a low forecast of 8.00 USD and a high forecast of 14.50 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
5 Analyst Rating
Wall Street analysts forecast YMM stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for YMM is 12.30 USD with a low forecast of 8.00 USD and a high forecast of 14.50 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
3 Buy
1 Hold
1 Sell
Moderate Buy
Current: 10.150
Low
8.00
Averages
12.30
High
14.50
Current: 10.150
Low
8.00
Averages
12.30
High
14.50
Barclays
Equal Weight
downgrade
$13 -> $12
2025-11-19
Reason
Barclays
Price Target
$13 -> $12
AI Analysis
2025-11-19
downgrade
Equal Weight
Reason
Barclays lowered the firm's price target on Full Truck Alliance to $12 from $13 and keeps an Equal Weight rating on the shares. The company's Q3 results were broadly in line with estimates and its Q4 outlook suggests growth in transaction service revenue is set to decelerate, the analyst tells investors in a research note.
Jefferies
Buy
maintain
$13
2025-11-17
Reason
Jefferies
Price Target
$13
2025-11-17
maintain
Buy
Reason
Jefferies lowered the firm's price target on Full Truck Alliance to $13 from $13.20 and keeps a Buy rating on the shares. The firm notes the company reported Q3 results with a revenue beat, but non-GAAP earnings came in below consensus mainly due to higher tax expense. Mid-point of Q4 revenue guidance is ahead of consensus, Jefferies adds. The firm factors in slower fulfilled orders growth in Q4 as CNY happens late next year and trucker sentiment is enhanced following better experience.
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Morgan Stanley
Overweight
downgrade
$16 -> $14
2025-11-17
Reason
Morgan Stanley
Price Target
$16 -> $14
2025-11-17
downgrade
Overweight
Reason
Morgan Stanley lowered the firm's price target on Full Truck Alliance to $14 from $16 and keeps an Overweight rating on the shares. While Full Truck Alliance's Q4 order volume guidance of 13%-17% year over year fell shy of expectations due to seasonal impact and its efforts to remove low-quality orders, the short-term disruption is not likely to materially affect its transaction service revenue growth momentum in 2026, the analyst tells investors in a research note.
Morgan Stanley
Eddy Wang
Overweight
maintain
$15
2025-07-28
Reason
Morgan Stanley
Eddy Wang
Price Target
$15
2025-07-28
maintain
Overweight
Reason
Morgan Stanley analyst Eddy Wang placed a "Research Tactical Idea" of Full Truck Alliance, expecting the shares to rise over the next 15 days. Full Truck's valuation is "more compelling" following the recent selloff, the analyst tells investors in a research note. The firm believes investor concerns on the company's credit solution business and regulation headwinds are overdone. It expects Full Truck to report strong Q2 results and keeps an Overweight rating on the shares with a $15 price target.
About YMM
Full Truck Alliance Co Ltd is a holding company primarily engaged in the operation of the digital freight platform FTA. The Company is primarily engaged in the provision of freight matching services. The services primarily include freight listing service, freight brokerage service, as well as online transaction service, which digitalizes the shipping transaction process. The Company is also engaged in the provision of value-added services, including cash credit solutions and working capital loans, insurance brokerage, software solutions, electronic toll collection (ETC) services, as well as energy services. The Company primarily operates its businesses in the domestic market.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
