Full Truck Alliance Co.
Ltd. (NYSE:YMM) is one of the 10 Fastest Growing Asian Stocks to Buy Now
On June 29, 2026, JPMorgan analyst Karen Li upgraded Full Truck Alliance Co. Ltd. (NYSE:YMM) to Overweight from Neutral with a price target of $10, up from $8.60. Li said the stock’s 28% year-to-date selloff has “priced in most of the key negatives and reset expectations to a low bar.” JPMorgan said consensus earnings forecasts have been cut by 30% from the peak, improving the stock’s risk/reward.
The firm also said Full Truck’s regulatory overhang is “fading into business-as-usual,” while invoicing and credit are being rebuilt to remove tail risks. On June 15, Nomura analyst Rachel Guo initiated coverage of Full Truck Alliance with a Buy rating and $11 price target. Guo said the company has “structural growth” potential from continued penetration of China’s digital freight platform market.