Full Truck Alliance: Assessing Positives And Negatives From Q3 Disclosures (Rating Downgrade)
I lower Full Truck Alliance's rating from Buy to Hold, because of its below-expectations Q3 earnings and weak Q4 guidance. But a Sell would be too harsh, given YMM's potential for higher commission rates and expanding margins in the longer term. YMM trades at a PEG ratio of 0.97x, implying that the name is reasonably valued.
Full Truck Alliance Co. Ltd. (YMM) Q3 2025 Earnings Call Transcript
Full Truck Alliance Co. Ltd. ( YMM ) Q3 2025 Earnings Call November 17, 2025 7:00 AM EST Company Participants Mao Mao - Head of Investor Relations Hui Zhang - Founder, Chairman & CEO Chong Cai - Chief Financial Officer Conference Call Participants Ronald Keung - Goldman Sachs Group, Inc., Research Division Eddy Wang - Morgan Stanley, Research Division Brian Gong - Citigroup Inc., Research Division Yuan Liao - Citic Securities Co., Ltd.
Full Truck Alliance Co. Ltd. Sponsored ADR (YMM) Q3 Earnings Lag Estimates
Full Truck Alliance Co. Ltd. Sponsored ADR (YMM) came out with quarterly earnings of $0.13 per share, missing the Zacks Consensus Estimate of $0.14 per share.
Full Truck Alliance: Still A Bull Considering Q2 Outperformance And Policy Developments
I continue to award a Buy rating to Full Track Alliance after reviewing its latest financial and operating disclosures. YMM's Q2'25 EPS was 40% higher, representing an 8% beat, as its "Transaction Service Segment" made better-than-expected monetization progress. YMM lifted its charges for the "Freight Brokerage Segment" because of the government's tax rebate cancellation; this policy change could lead to more rapid industry consolidation benefiting YMM.
Full Truck Alliance Co. Ltd. (YMM) Q2 2025 Earnings Call Transcript
Full Truck Alliance Co. Ltd. (NYSE:YMM ) Q2 2025 Earnings Conference Call August 21, 2025 8:00 AM ET Company Participants Chong Cai - Chief Financial Officer Hui Zhang - Founder, Chairman & CEO Mao Mao - Head of Investor Relations Conference Call Participants Eddy Wang - Morgan Stanley, Research Division Ritchie Sun - HSBC Global Investment Research Wenjie Zhang - China International Capital Corporation Limited, Research Division Y.
Full Truck Alliance Co. Ltd. Sponsored ADR (YMM) Beats Q2 Earnings and Revenue Estimates
Full Truck Alliance Co. Ltd. Sponsored ADR (YMM) came out with quarterly earnings of $0.18 per share, beating the Zacks Consensus Estimate of $0.16 per share.
Full Truck Alliance: Strong Beat, But Valuation Calls For Patience
Full Truck Alliance (YMM) delivered strong Q1 results, beating revenue and earnings expectations, with robust order growth and improved monetization driving performance. YMM's dominant market position, expanding network effects, and strategic investment in AI and autonomous trucking technology reinforce its long-term competitive moat. Commercialization efforts, including commission service expansion and higher monetization per order, support sustainable revenue growth and platform stickiness.
Full Truck Alliance Co. Ltd. (YMM) Q1 2025 Earnings Call Transcript
Full Truck Alliance Co. Ltd. (NYSE:YMM ) Q1 2025 Earnings Conference Call May 21, 2025 8:00 AM ET Company Participants Mao Mao - Head of IR Hui Zhang - Founder, Chairman and CEO Simon Tai - Chief Financing and Investment Officer Conference Call Participants Ronald Keung - Goldman Sachs Eddy Wang - Morgan Stanley Wenjie Zhang - CICC Brian Gong - Citi Thomas Chong - Jefferies Yuan Liao - CITIC Ritchie Sun - HSBC Operator Ladies and gentlemen, good day.
Full Truck Alliance Co. Ltd. Sponsored ADR (YMM) Beats Q1 Earnings and Revenue Estimates
Full Truck Alliance Co. Ltd. Sponsored ADR (YMM) came out with quarterly earnings of $0.18 per share, beating the Zacks Consensus Estimate of $0.17 per share.
China's Full Truck Alliance eyes Hong Kong listing, strong 2025 growth, says executive
Full Truck Alliance (FTA) , China's "Uber for trucks", could revisit plans for a second listing in Hong Kong in the wake of a rebound in investor sentiment and an escalation in Sino-U.S. geopolitical tensions, a company executive said.
Full Truck Alliance: Maintain 'Buy' After Strong Q4 Results
Full Truck Alliance's Q4 2024 results showed strong growth, with net revenues up 32% and non-GAAP net income up 43.5% year-over-year. The stock surged 13% post-earnings, validating my thesis of rapid growth driven by increasing order volume and monetization rate. Despite the rally, YMM remains undervalued; I maintain a "buy" rating with a target price of $17.5-18, implying a 32% upside.
Full Truck Alliance Co. Ltd. (YMM) Q4 2024 Earnings Call Transcript
Full Truck Alliance Co. Ltd. (NYSE:YMM ) Q4 2024 Earnings Call March 5, 2025 7:00 AM ET Company Participants Mao Mao - Head, Investor Relations Hui Zhang - Founder, Chairman and Chief Executive Officer Simon Cai - Chief Financial Officer Conference Call Participants Ronald Keung - Goldman Sachs Brian Gong - Citi Charlie Chen - China Renaissance Wendy Zhang - CIBC Ritchie Sun - HSBC Juan Liao - CITIC Thomas Chong - Jefferies Operator Ladies and gentlemen, good day, and welcome to Full Truck Alliance's Fourth Quarter and Fiscal Year 2024 Earnings Conference Call.
