JPMorgan Cuts Its Price Targets on Many Internet Names, Including META and AMZN

Larry Ramer

Tue, Apr 8, 2025, 9:30 AM 2 min read

JPMorgan slashed its terms targets connected 25 companies successful the net space, citing macroeconomic issues, Schwab Network precocious reported.

Among the astir salient names whose terms targets were slashed by the slope are Meta (META), Amazon (AMZN), Alphabet (GOOG), and Netflix (NFLX).

Pixabay/Public Domain

Some of the Highest-Profile Target Cuts 

The slope reduced its terms people connected Meta to $610 from $725 portion it chopped its terms people connected AMZN to $220 from $270.

JPMorgan lowered its terms people connected Alphabet to $180 from $220, portion cutting its terms people connected NFLX to $1,025 from $1,150.

However, the slope kept Overweight ratings connected each 4 names.

The Reasons for the Target Reductions

JPMorgan believes that determination is present a 60% accidental of a recession successful the U.S. this year, and it expects existent GDP to "decline substantially successful the 2nd fractional of 2025."

None of the net stocks covered by JPMorgan volition beryllium immune from antagonistic macro trends this year, according to the bank. But it thinks that e-commerce, online travel, and digital-ad companies are "the astir exposed" to the antagonistic trends, portion cloud, food, and streaming companies volition beryllium among the slightest vulnerable.

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