


Technology stocks are eagerly monitored by investors for the year 2026. JPMorgan has identified four internet stocks that are expected to stand out during this period. Analyst Doug Anmuth believes these stocks will perform well despite increasing market uncertainties against high valuations.
According to JPMorgan's analysis, Alphabet, the parent company of Google, offers a 24% upside potential with a target price of $385. This year, investors have shown increased interest in Alphabet shares, fueled by the launch of the company's Gemini 3 artificial intelligence model and innovative products like the Nano Banana Pro. Alphabet's shares have appreciated by over 60%, making it noteworthy among technology stocks.
JPMorgan also sees Amazon as a significant investment opportunity for 2026. The stock's modest increase of just 3.1% this year makes it a stock that is trading at an attractive valuation. The expected AI-driven growth from Amazon Web Services and the performance boost provided by the new Trainium3 chip supports JPMorgan's target price of $305. This target suggests that e-commerce stocks could appreciate by 34%.
JPMorgan provides a promising growth outlook for DoorDash as well. Analyst Anmuth expects the company's gross order value (GOV) to grow at an annual rate of 18% between 2025 and 2028. This growth is supported by an increasing number of monthly active users and untapped advertising potential. The shares are projected to appreciate by 32%, with a target price of $300.
JPMorgan's forecasts on technology stocks are capturing the attention of investors. The trajectory of these stocks in the coming year could lead to significant changes in the markets.
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