Full Truck Alliance (NYSE:YMM) Stock Falls 3.8% – Here’s What Happened

Posted by Brian Himes on Oct 23rd, 2026

Shares of Full Truck Alliance Co. Ltd. Sponsored ADR (NYSE:YMM – Get Free Report) dropped 3.8% on Wednesday. The stock traded as low as $8.60 and last traded at $8.5050. Approximately 261,352 shares were traded during trading, a decline of 97% from the average daily volume of 7,808,854 shares. The stock had previously closed at $8.84.

Analyst Ratings Changes

Several brokerages recently issued reports on YMM. Weiss Ratings raised shares of Full Truck Alliance from a “hold (c)” rating to a “hold (c+)” rating in a report on Tuesday, October 13th. JPMorgan Chase & Co. raised shares of Full Truck Alliance from a “neutral” rating to an “overweight” rating and increased their price objective for the company from $8.60 to $10.00 in a research note on Monday, June 29th. Finally, UBS Group restated a “buy” rating and issued a $13.36 target price on shares of Full Truck Alliance in a research report on Wednesday, August 5th. Six equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $11.30.

Read Our Latest Analysis on Full Truck Alliance

Full Truck Alliance Stock Performance

The stock has a fifty day simple moving average of $8.47 and a two-hundred day simple moving average of $8.62. The stock has a market capitalization of $8.70 billion, a price-to-earnings ratio of 14.14, a P/E/G ratio of 0.77 and a beta of 0.22.

Full Truck Alliance (NYSE:YMM – Get Free Report) last announced its quarterly earnings data on Friday, August 14th. The company reported $0.20 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.19 by $0.01. The company had revenue of $497.73 million for the quarter, compared to the consensus estimate of $463.13 million. Full Truck Alliance had a return on equity of 10.68% and a net margin of 33.07%. Research analysts forecast that Full Truck Alliance Co. Ltd. Sponsored ADR will post 0.71 earnings per share for the current year.

Full Truck Alliance Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 28th. Stockholders of record on Wednesday, October 14th will be paid a $0.0840 dividend. The ex-dividend date is Wednesday, October 14th. This represents a $0.34 annualized dividend and a dividend yield of 4.0%. Full Truck Alliance’s payout ratio is currently 57.63%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of YMM. Parallel Advisors LLC acquired a new stake in Full Truck Alliance in the first quarter worth $25,000. Rockefeller Capital Management L.P. acquired a new position in shares of Full Truck Alliance during the fourth quarter valued at about $39,000. Caitong International Asset Management Co. Ltd raised its holdings in shares of Full Truck Alliance by 480.9% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 6,826 shares of the company’s stock valued at $73,000 after purchasing an additional 5,651 shares during the period. QRG Capital Management Inc. boosted its position in shares of Full Truck Alliance by 61.1% during the 2nd quarter. QRG Capital Management Inc. now owns 21,039 shares of the company’s stock worth $171,000 after purchasing an additional 7,976 shares in the last quarter. Finally, E. Ohman J or Asset Management AB bought a new position in shares of Full Truck Alliance during the 2nd quarter worth about $349,000. 39.02% of the stock is owned by institutional investors.

About Full Truck Alliance

(Get Free Report)

Full Truck Alliance Co Ltd. is a China-based digital freight platform that connects shippers with truck drivers and logistics companies. The company operates through its Yunmanman and Huochebang platforms, which help users find transportation capacity, arrange shipments and manage freight transactions through online tools.

Its services are designed to improve the efficiency of China’s road freight industry by matching cargo with available trucks and providing information and transaction support.