Full Truck Alliance (YMM)

• Market cap: $12.5B
• 1 day: -4.08%
• 5 days: -2.52%
• 1 month: -5.44%
• 3 months: -6.03%
• 6 months: 6.96%
• Year to date: 10.81%
• 1 year: 31.04%
• 5 years: -44.23%
• 10 years: -44.23%
• Sector: Technology
• Industry: Software - Application

About: Full Truck Alliance Co Ltd, through its subsidiaries, provides comprehensive services for shippers and truckers through its mobile and website platforms. Its principal operations are in the People's Republic of China. The group derives its revenues principally from shippers and trucker's use of its platforms in connection with freight matching services and value-added services.

Employees: 7,185

Fund manager confidence

Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)

347% more first-time investments, than exits

New positions opened: 67 | Existing positions closed: 15

58.29% more ownership

Funds ownership: 3.41% [Q4 2024] → 61.7% (+58.29%) [Q1 2025]

52% more repeat investments, than reductions

Existing positions increased: 91 | Existing positions reduced: 60

25% more funds holding

Funds holding: 194 [Q4 2024] → 243 (+49) [Q1 2025]

19% more capital invested

Capital invested by funds: $6.92B [Q4 2024] → $8.27B (+$1.35B) [Q1 2025]

3% less funds holding in top 10

Funds holding in top 10: 30 [Q4 2024] → 29 (-1) [Q1 2025]

19% less call options, than puts

Call options by funds: $37.4M | Put options by funds: $46.1M

Research analyst outlook

2 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $10 17% downside
• Avg. target: $13 8% upside
• High target: $16 33% upside

2 analyst ratings

• positive: 1 50%
• neutral: 1 50%
• negative: 0 0%

Citigroup Alicia Yap	33% upside $16	Buy Maintained	22 May 2025
JP Morgan Karen Li	17% downside $10	Neutral Downgraded	14 Apr 2025