YMM.N Hits 20-Day Low Amid Mixed Earnings Report
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 17 Nov 25
Shares of YMM.N declined sharply today, hitting a 20-day low as investors reacted to Full Truck Alliance's latest earnings report. Despite a 10.8% increase in total net revenues to RMB3,358.2 million for Q3 2025, net income fell to RMB921.0 million, raising concerns about profitability. The stock's technical breakdown signals increased bearish momentum, reflecting investor caution despite operational growth, including a 22.3% rise in fulfilled orders. Analysts remain cautiously optimistic about future revenues, but the current market sentiment has overshadowed the company's positive operational metrics.
Analyst Views on YMM
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
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
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.
