Full Truck Alliance Co. Ltd., together with its subsidiaries, operates a digital freight platform that connects shippers with truckers to facilitate shipments across distance ranges, cargo weights, and types in the People's Republic of China. The company offers freight listing, matching, and brokerage services; and online transaction services, as well as various value-added services, such as credit solutions, insurance brokerage, electronic toll collection, and energy services. It also provides technology development and other services. The company was founded in 2011 and is based in Guiyang, China.
IPO Year: 2021
Exchange: NYSE
Website: https://www.fulltruckalliance.com
Date | Price Target | Rating | Analyst |
---|---|---|---|
7/5/2023 | $9.00 | Overweight | Morgan Stanley |
2/9/2023 | Equal Weight | Barclays | |
12/1/2022 | $11.00 | Buy | Jefferies |
6/29/2022 | $12.00 | Outperform | Credit Suisse |
Morgan Stanley initiated coverage of Full Truck Alliance Co. Ltd. with a rating of Overweight and set a new price target of $9.00
Barclays initiated coverage of Full Truck Alliance Co. Ltd. with a rating of Equal Weight
Jefferies initiated coverage of Full Truck Alliance Co. Ltd. with a rating of Buy and set a new price target of $11.00
Credit Suisse initiated coverage of Full Truck Alliance Co. Ltd. with a rating of Outperform and set a new price target of $12.00
Earnings Call Scheduled for 7:00 A.M. U.S. ET on November 20, 2024 GUIYANG, China, Oct. 31, 2024 /PRNewswire/ -- Full Truck Alliance Co. Ltd. ("FTA" or the "Company") (NYSE:YMM), a leading digital freight platform, today announced that it will release its third quarter 2024 unaudited financial results on Wednesday, November 20, 2024, before the open of the U.S. markets. The Company's management will hold an earnings conference call at 7:00 A.M. U.S. Eastern Time on November 20, 2024 or 8:00 P.M. Beijing Time to discuss the financial results. For participants who wish to join the conference using dial-in numbers, please complete online registration using the link provided below prior to the
GUIYANG, China, Aug. 21, 2024 /PRNewswire/ -- Full Truck Alliance Co. Ltd. ("FTA" or the "Company") (NYSE:YMM), a leading digital freight platform, today announced its unaudited financial results for the second quarter ended June 30, 2024. Second Quarter 2024 Financial and Operational Highlights Total net revenues in the second quarter of 2024 were RMB2,764.3 million (US$380.4 million), an increase of 34.1% from RMB2,062.0 million in the same period of 2023.Net income in the second quarter of 2024 was RMB840.5 million (US$115.7 million), an increase of 38.0% from RMB609.0 million in the same period of 2023.Non-GAAP adjusted net income[1] in the second quarter of 2024 was RMB970.9 million (U
Earnings Call Scheduled for 8:00 A.M. U.S. ET on August 21, 2024 GUIYANG, China, Aug. 1, 2024 /PRNewswire/ -- Full Truck Alliance Co. Ltd. ("FTA" or the "Company") (NYSE:YMM), a leading digital freight platform, today announced that it will release its second quarter 2024 unaudited financial results on Wednesday, August 21, 2024, before the open of the U.S. markets. The Company's management will hold an earnings conference call at 8:00 A.M. U.S. Eastern Time on August 21, 2024 or 8:00 P.M. Beijing Time to discuss the financial results. For participants who wish to join the conference using dial-in numbers, please complete online registration using the link provided below prior to the sched
GUIYANG, China, May 21, 2024 /PRNewswire/ -- Full Truck Alliance Co. Ltd. ("FTA" or the "Company") (NYSE:YMM), a leading digital freight platform, today announced its unaudited financial results for the first quarter ended March 31, 2024. First Quarter 2024 Financial and Operational Highlights Total net revenues in the first quarter of 2024 were RMB2,268.7 million (US$314.2 million), an increase of 33.3% from RMB1,702.3 million in the same period of 2023.Net income in the first quarter of 2024 was RMB586.4 million (US$81.2 million), an increase of 42.5% from RMB411.4 million in the same period of 2023.Non-GAAP adjusted net income[1] in the first quarter of 2024 was RMB756.4 million (US$104.
Earnings Call Scheduled for 8:00 A.M. U.S. ET on May 21, 2024 GUIYANG, China, April 26, 2024 /PRNewswire/ -- Full Truck Alliance Co. Ltd. ("FTA" or the "Company") (NYSE:YMM), a leading digital freight platform, today announced that it will release its first quarter 2024 unaudited financial results on Tuesday, May 21, 2024, before the open of the U.S. markets. The Company's management will hold an earnings conference call at 8:00 A.M. U.S. Eastern Time on May 21, 2024 or 8:00 P.M. Beijing Time to discuss the financial results. Listeners may access the call by dialing the following numbers: United States (toll free): +1-888-317-6003 International: +1-412-317-6061 Mainland China (toll free):
GUIYANG, China, March 13, 2024 /PRNewswire/ -- Full Truck Alliance Co. Ltd. ("FTA" or the "Company") (NYSE:YMM), a leading digital freight platform, today announced an extension of its share repurchase program. As previously reported by the Company, its board of directors (the "Board") authorized a share repurchase program with an original expiration date of March 12, 2024. The Board resolved to extend the term of the share repurchase program such that the Company may repurchase up to approximately US$300 million of its American depositary shares (the "ADSs"), each representing 20 Class A ordinary shares and/or ordinary shares, through March 12, 2025. Repurchases under the Company's share re
Earnings Call Scheduled for 7:00 A.M. U.S. ET on March 7, 2024 GUIYANG, China, Feb. 23, 2024 /PRNewswire/ -- Full Truck Alliance Co. Ltd. ("FTA" or the "Company") (NYSE:YMM), a leading digital freight platform, today announced that it will release its fourth quarter and fiscal year 2023 unaudited financial results on Thursday, March 7, 2024, before the open of the U.S. markets. The Company's management will hold an earnings conference call at 7:00 A.M. U.S. Eastern Time on March 7, 2024 or 8:00 P.M. Beijing Time to discuss the financial results. Listeners may access the call by dialing the following numbers: United States (toll free): +1-888-317-6003 International: +1-412-317-6061 Mainland
GUIYANG, China, Aug. 23, 2023 /PRNewswire/ -- Full Truck Alliance Co. Ltd. ("FTA" or the "Company") (NYSE:YMM), a leading digital freight platform, today announced its unaudited financial results for the second quarter ended June 30, 2023. Second Quarter 2023 Financial and Operational Highlights Total net revenues in the second quarter of 2023 were RMB2,062.0 million (US$284.4 million), an increase of 23.5% from RMB1,670.1 million in the same period of 2022.Net income in the second quarter of 2023 was RMB609.0 million (US$84.0 million), compared with RMB12.7 million in the same period of 2022.Non-GAAP adjusted net income[1] in the second quarter of 2023 was RMB722.7 million (US$99.7 million)
Earnings Call Scheduled for 8:00 A.M. U.S. ET on August 23, 2023 GUIYANG, China, Aug. 3, 2023 /PRNewswire/ -- Full Truck Alliance Co. Ltd. ("FTA" or the "Company") (NYSE:YMM), a leading digital freight platform, today announced that it will release its second quarter 2023 unaudited financial results on Wednesday, August 23, 2023, before the open of the U.S. markets. The Company's management will hold an earnings conference call at 8:00 A.M. U.S. Eastern Time on August 23, 2023 or 8:00 P.M. Beijing Time to discuss the financial results. Listeners may access the call by dialing the following numbers: United States (toll free): +1-888-317-6003 International: +1-412-317-6061 Mainland China (tol
GUIYANG, China, May 22, 2023 /PRNewswire/ -- Full Truck Alliance Co. Ltd. ("FTA" or the "Company") (NYSE:YMM), a leading digital freight platform, today announced its unaudited financial results for the first quarter ended March 31, 2023. First Quarter 2023 Financial and Operational Highlights Total net revenues in the first quarter of 2023 were RMB1,702.3 million (US$247.9 million), an increase of 27.7% from RMB1,332.6 million in the same period of 2022.Net income in the first quarter of 2023 was RMB411.4 million (US$59.9 million), compared with a net loss of RMB192.0 million in the same period of 2022.Non-GAAP adjusted net income[1] in the first quarter of 2023 was RMB514.8 million (US$75.
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6-K - Full Truck Alliance Co. Ltd. (0001838413) (Filer)
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144 - Full Truck Alliance Co. Ltd. (0001838413) (Subject)
144 - Full Truck Alliance Co. Ltd. (0001838413) (Subject)
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6-K - Full Truck Alliance Co. Ltd. (0001838413) (Filer)
6-K - Full Truck Alliance Co. Ltd. (0001838413) (Filer)
Earnings Call Scheduled for 7:00 A.M. U.S. ET on November 20, 2024 GUIYANG, China, Oct. 31, 2024 /PRNewswire/ -- Full Truck Alliance Co. Ltd. ("FTA" or the "Company") (NYSE:YMM), a leading digital freight platform, today announced that it will release its third quarter 2024 unaudited financial results on Wednesday, November 20, 2024, before the open of the U.S. markets. The Company's management will hold an earnings conference call at 7:00 A.M. U.S. Eastern Time on November 20, 2024 or 8:00 P.M. Beijing Time to discuss the financial results. For participants who wish to join the conference using dial-in numbers, please complete online registration using the link provided below prior to the
GUIYANG, China, Aug. 21, 2024 /PRNewswire/ -- Full Truck Alliance Co. Ltd. ("FTA" or the "Company") (NYSE:YMM), a leading digital freight platform, today announced its unaudited financial results for the second quarter ended June 30, 2024. Second Quarter 2024 Financial and Operational Highlights Total net revenues in the second quarter of 2024 were RMB2,764.3 million (US$380.4 million), an increase of 34.1% from RMB2,062.0 million in the same period of 2023.Net income in the second quarter of 2024 was RMB840.5 million (US$115.7 million), an increase of 38.0% from RMB609.0 million in the same period of 2023.Non-GAAP adjusted net income[1] in the second quarter of 2024 was RMB970.9 million (U
Earnings Call Scheduled for 8:00 A.M. U.S. ET on August 21, 2024 GUIYANG, China, Aug. 1, 2024 /PRNewswire/ -- Full Truck Alliance Co. Ltd. ("FTA" or the "Company") (NYSE:YMM), a leading digital freight platform, today announced that it will release its second quarter 2024 unaudited financial results on Wednesday, August 21, 2024, before the open of the U.S. markets. The Company's management will hold an earnings conference call at 8:00 A.M. U.S. Eastern Time on August 21, 2024 or 8:00 P.M. Beijing Time to discuss the financial results. For participants who wish to join the conference using dial-in numbers, please complete online registration using the link provided below prior to the sched
GUIYANG, China, May 21, 2024 /PRNewswire/ -- Full Truck Alliance Co. Ltd. ("FTA" or the "Company") (NYSE:YMM), a leading digital freight platform, today announced its unaudited financial results for the first quarter ended March 31, 2024. First Quarter 2024 Financial and Operational Highlights Total net revenues in the first quarter of 2024 were RMB2,268.7 million (US$314.2 million), an increase of 33.3% from RMB1,702.3 million in the same period of 2023.Net income in the first quarter of 2024 was RMB586.4 million (US$81.2 million), an increase of 42.5% from RMB411.4 million in the same period of 2023.Non-GAAP adjusted net income[1] in the first quarter of 2024 was RMB756.4 million (US$104.
Earnings Call Scheduled for 8:00 A.M. U.S. ET on May 21, 2024 GUIYANG, China, April 26, 2024 /PRNewswire/ -- Full Truck Alliance Co. Ltd. ("FTA" or the "Company") (NYSE:YMM), a leading digital freight platform, today announced that it will release its first quarter 2024 unaudited financial results on Tuesday, May 21, 2024, before the open of the U.S. markets. The Company's management will hold an earnings conference call at 8:00 A.M. U.S. Eastern Time on May 21, 2024 or 8:00 P.M. Beijing Time to discuss the financial results. Listeners may access the call by dialing the following numbers: United States (toll free): +1-888-317-6003 International: +1-412-317-6061 Mainland China (toll free):
GUIYANG, China, April 15, 2024 /PRNewswire/ -- Full Truck Alliance Co. Ltd. ("FTA" or the "Company") (NYSE:YMM), a leading digital freight platform, announced that it filed its annual report on Form 20-F for the fiscal year ended December 31, 2023 with the Securities and Exchange Commission on April 15, 2024. The annual report can be accessed on the Company's investor relations website at ir.fulltruckalliance.com. The Company will provide a hard copy of its annual report containing the audited consolidated financial statements, free of charge, to its shareholders and ADS holders upon request. Requests should be directed to Investor Relations Department, Full Truck Alliance Co. Ltd., 16F, Bu
GUIYANG, China, March 13, 2024 /PRNewswire/ -- Full Truck Alliance Co. Ltd. ("FTA" or the "Company") (NYSE:YMM), a leading digital freight platform, today announced an extension of its share repurchase program. As previously reported by the Company, its board of directors (the "Board") authorized a share repurchase program with an original expiration date of March 12, 2024. The Board resolved to extend the term of the share repurchase program such that the Company may repurchase up to approximately US$300 million of its American depositary shares (the "ADSs"), each representing 20 Class A ordinary shares and/or ordinary shares, through March 12, 2025. Repurchases under the Company's share re
Earnings Call Scheduled for 7:00 A.M. U.S. ET on March 7, 2024 GUIYANG, China, Feb. 23, 2024 /PRNewswire/ -- Full Truck Alliance Co. Ltd. ("FTA" or the "Company") (NYSE:YMM), a leading digital freight platform, today announced that it will release its fourth quarter and fiscal year 2023 unaudited financial results on Thursday, March 7, 2024, before the open of the U.S. markets. The Company's management will hold an earnings conference call at 7:00 A.M. U.S. Eastern Time on March 7, 2024 or 8:00 P.M. Beijing Time to discuss the financial results. Listeners may access the call by dialing the following numbers: United States (toll free): +1-888-317-6003 International: +1-412-317-6061 Mainland
BEIJING, Dec. 12, 2023 /PRNewswire/ -- Full Truck Alliance (NYSE: YMM), a leading digital freight platform in China, published the Industrial Clusters Report of Digital Logistics on December 7, sharing its insights on the evolution of logistics industry from the perspective of digital logistics for the first time. The report aims to help SMEs discover more business opportunities, as well as provide industry insights on cargo trends to drivers, enabling them to more efficiently take orders and serve consignors. The report highlights that China's digital logistics penetration rate has seen double-digit growth annually in recent years, with inland areas witnessing a 27% and more developed coas
Dubai, Nov. 30, 2023 (GLOBE NEWSWIRE) -- As COP 28 seeks to get commitments from countries and industries to drastically reduce emissions across all sectors, Full Truck Alliance (FTA) showcased its strategy for a greener, technology-driven trucking sector with lower emissions. Dr. Chen Zhaohui, FTA's Principal Scientist, spoke during a panel on Nov. 30 about international private sector collaboration to meet emission reduction targets, explaining FTA's pledge to lead in reducing trucking emissions in China. The strategy includes novel ways of reducing diesel consumption from trucking by billions of liters each year. The transportation sector accounts for about a quarter of global green
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Barclays analyst Jiong Shao maintains Full Truck Alliance Co (NYSE:YMM) with a Equal-Weight and raises the price target from $6 to $9.
Business OutlookThe Company expects its total net revenues to be between RMB2.65 billion and RMB2.72 billion for the second quarter of 2024, representing a year-over-year growth rate of approximately 28.3% to 31.7%. These forecasts reflect the Company's current and preliminary views on the market and operational conditions, which are subject to change and cannot be predicted with reasonable accuracy as of the date hereof.
Full Truck Alliance Co (NYSE:YMM) reported quarterly earnings of $0.10 per share which beat the analyst consensus estimate of $0.07 by 42.86 percent. This is a 42.86 percent increase over earnings of $0.07 per share from the same period last year. The company reported quarterly sales of $314.212 million which beat the analyst consensus estimate of $313.193 million by 0.33 percent. This is a 26.77 percent increase over sales of $247.869 million the same period last year.
Shares of Clover Health Investments, Corp. (NASDAQ:CLOV) rose sharply during Wednesday’s session after the company reported better-than-expected fourth-quarter revenue results and issued FY24 insurance revenue guidance. Clover Health Investments reported quarterly sales of $510.3 million which beat the analyst consensus estimate of $480.25 million by 6.26% and represents a 43.22% decrease over sales of $898.79 million the same period last year. Clover Health Investments shares climbed 11.2% to $0.8537 on Wednesday. Here are some other stocks moving in today's mid-day session. Gainers Gaxos.ai Inc. (NASDAQ:GXAI) shares jumped 128.9% to $12.18 after the company announced it acquired t
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Full Truck Alliance Co. Ltd. (NYSE:YMM) shares are trading higher in the premarket session on Wednesday after the firm announced an extension of its share repurchase program. The company said it may repurchase up to approximately $300 million of its American depositary shares, each representing 20 Class A ordinary shares and ordinary shares, through March 12, 2025. Upon review of the results of operations, business development plan, capital requirements, and cash position, the company said its Board is confident in its business performance and outlook. Accordingly, on March 13, 2024, the board declared an annual cash dividend for the year ended December 31, 2023, of $0.0072 per ordi
U.S. stock futures were mixed this morning, with the Nasdaq futures falling by around 20 points on Wednesday. Shares of The Beauty Health Company (NASDAQ:SKIN) rose sharply in today’s pre-market trading after the company reported better-than-expected fourth-quarter revenue results. Beauty Health posted quarterly loss of 7 cents per share, in-line with market estimates. The company’s quarterly sales came in at $96.80 million versus expectations of $87.63 million, according to data from Benzinga Pro. Beauty Health shares jumped 17.3% to $4.21 in pre-market trading. Here are some big stocks recording gains in today’s pre-market trading session. HUTCHMED (China) Limited (NASDAQ:HCM) sha