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Stock impact report

Full Truck Alliance (YMM) Transaction Revenue Expected to Surge Over 30% in 2026 [Yahoo! Finance]

Full Truck Alliance Co. Ltd. American Depositary Shares (each representing 20 Class A Ordinary Shares) (YMM) 
Company Research Source: Yahoo! Finance
Overweight rating and $14 price target for Full Truck Alliance Co., Ltd. (NYSE:YMM), citing strong growth in the company's primary transaction commission sector. The firm expects YMM's transaction commission revenue to expand by more than 30% year-over-year in 2026, with the company's long-term shareholder return strategy being seen as gradually favorable. Morgan Stanley expects order volume to increase by 13-17% year-over-year in 2026, while overall revenue is likely to fall by 7% to RMB11.4-11.57 billion. Meanwhile, transaction commissions are expected to be RMB7.1 billion, representing a 32-34% increase year-over-year. On the other hand, JPMorgan downgraded Full Truck Alliance Co., Ltd. (NYSE:YMM) from Neutral to Underweight on January 13, claiming that the risk-reward analysis for the company has “shifted meaningfully” as the YMM stock has fallen behind broader market indices since the start of 2025. Full Truck Alliance Co., Ltd. (NYSE:YMM) is China's leading digital freight Show less Read more
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