Full Truck Alliance (NYSE:YMM) Upgraded to “Overweight” at JPMorgan Chase & Co.

Posted by Geri Gentry on Jun 29th, 2026

Full Truck Alliance (NYSE:YMM – Get Free Report) was upgraded by analysts at JPMorgan Chase & Co. from a “neutral” rating to an “overweight” rating in a report released on Monday. The brokerage presently has a $10.00 price target on the stock. JPMorgan Chase & Co.‘s target price would suggest a potential upside of 29.79% from the stock’s current price.

Several other brokerages have also weighed in on YMM. Weiss Ratings lowered Full Truck Alliance from a “hold (c+)” rating to a “hold (c)” rating in a research report on Thursday, June 11th. Citigroup reissued a “buy” rating on shares of Full Truck Alliance in a report on Monday, April 20th. Bank of America started coverage on shares of Full Truck Alliance in a research report on Tuesday, May 5th. They issued a “buy” rating and a $11.30 target price on the stock. Daiwa Securities Group lowered shares of Full Truck Alliance from a “buy” rating to a “neutral” rating and set a $9.00 price target on the stock. in a research note on Friday, March 13th. Finally, Morgan Stanley reissued an “overweight” rating on shares of Full Truck Alliance in a research report on Thursday, March 12th. Five equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $11.04.

Check Out Our Latest Stock Report on YMM

Full Truck Alliance Trading Down 0.2%

Full Truck Alliance stock opened at $7.71 on Monday. The company has a fifty day simple moving average of $8.54 and a 200-day simple moving average of $9.29. The stock has a market cap of $8.03 billion, a P/E ratio of 13.52, a price-to-earnings-growth ratio of 0.68 and a beta of 0.30. Full Truck Alliance has a 12-month low of $7.45 and a 12-month high of $14.07.

Full Truck Alliance (NYSE:YMM – Get Free Report) last posted its quarterly earnings results on Saturday, February 14th. The company reported $0.01 earnings per share for the quarter. The company had revenue of $456.32 million for the quarter. Full Truck Alliance had a return on equity of 10.52% and a net margin of 32.68%. As a group, sell-side analysts forecast that Full Truck Alliance will post 0.69 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Full Truck Alliance

A number of institutional investors and hedge funds have recently made changes to their positions in YMM. Parallel Advisors LLC purchased a new position in shares of Full Truck Alliance during the first quarter worth about $25,000. Caitong International Asset Management Co. Ltd increased its holdings in shares of Full Truck Alliance by 150.0% in the fourth quarter. Caitong International Asset Management Co. Ltd now owns 2,937 shares of the company’s stock valued at $32,000 after purchasing an additional 1,762 shares during the period. Rockefeller Capital Management L.P. acquired a new position in shares of Full Truck Alliance in the fourth quarter valued at approximately $39,000. Banque de Luxembourg S.A. purchased a new stake in shares of Full Truck Alliance during the fourth quarter worth approximately $44,000. Finally, CoreCap Advisors LLC raised its stake in shares of Full Truck Alliance by 2,000.0% during the fourth quarter. CoreCap Advisors LLC now owns 4,200 shares of the company’s stock worth $45,000 after purchasing an additional 4,000 shares during the last quarter. 39.02% of the stock is owned by hedge funds and other institutional investors.

Full Truck Alliance Company Profile

(Get Free Report)

Full Truck Alliance (NYSE: YMM) operates a leading digital freight platform in China, connecting shippers with a vast network of independent truck drivers. The company’s core offering centers on load matching, enabling cargo owners to find suitable carriers quickly through a mobile and web-based interface. By streamlining the booking process, Full Truck Alliance helps reduce downtime and improves overall asset utilization for both shippers and drivers.

The platform features real-time route optimization, electronic waybills, digital payment solutions and in-app communication tools.