Wednesday's ETF with Unusual Volume: GEME

Written by Emily J. Thompson, Senior Investment Analyst

YMM-1.5%

BABA-2.25%

GEME0%

Source: NASDAQ.COM

Updated: Apr 01 2025

0mins

Source: NASDAQ.COM

ETF Trading Highlights: On Wednesday, Alibaba Group saw a decline of about 1.9% with over 8.3 million shares traded, while Full Truck Alliance increased by approximately 1.4% on a volume of over 3.5 million shares. KT underperformed, dropping around 2.2%.
Market Commentary: The opinions expressed in the article are those of the author and do not necessarily represent the views of Nasdaq, Inc.

YMM

$9.82+Infinity%1D

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: 9.970

Low

8.00

Averages

12.30

High

14.50

Current: 9.970

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.