{"id":344047,"date":"2026-11-11T14:12:50","date_gmt":"2026-11-11T08:42:50","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=344047"},"modified":"2026-11-11T14:12:50","modified_gmt":"2026-11-11T08:42:50","slug":"jpmorgan-picks-physicswallah-meesho-overweight-consumer-internet-stocks-targets-11-november-2026","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/jpmorgan-picks-physicswallah-meesho-overweight-consumer-internet-stocks-targets-11-november-2026\/","title":{"rendered":"Why JPMorgan Picks PhysicsWallah, Meesho and Three Other Consumer Internet Stocks: Overweight Calls, Targets of Rs 148 and Rs 250, Q2 Results of Peers, and the Gaps I Could Not Fill"},"content":{"rendered":"<p style=\"border-left:4px solid #1F4E79;background:#EBF3FB;padding:10px 16px;font-style:italic;\"><em>JPMorgan Overweight on PhysicsWallah (target Rs 148, price Rs 128), Meesho (Rs 250, price Rs 244), plus 3 more per Zeebiz, 11 Nov 2026. Full note not read.<\/em><\/p>\n<div style=\"background:#F0F9FF;border-left:4px solid #2E7D32;border-radius:6px;padding:14px 18px;margin:18px 0;\">\n<p style=\"margin:0;color:#1F4E79;font-size:14px;\"><strong>Quick Answer<\/strong><\/p>\n<p style=\"margin:8px 0 0;\">JPMorgan picks five consumer internet stocks as Overweight: PhysicsWallah (target Rs 148), Meesho (Rs 250), Billionbrains Garage Ventures, Info Edge and Swiggy. I could not open the full note, so the other names and reasons are limited.<\/p>\n<\/p><\/div>\n<p><strong>JPMorgan picks<\/strong> <strong>PhysicsWallah<\/strong>, Meesho and three other consumer internet names as its favourites, with an Overweight rating on each, according to a Zeebiz report on 11 November 2026. The five are PhysicsWallah, Meesho, Billionbrains Garage Ventures (which runs a broking app), Info Edge and Swiggy. This note sets out the targets and ratings I could verify, the results of listed peers, the conflicts in the data and the risks. I could not open the full Zeebiz article, so the reasons for choosing these names over others, and the names left out, are not covered.<\/p>\n<p>Ratings are broker opinions and not facts. Prices can be checked on <a href=\"https:\/\/univest.in\/stocks\/nse\/national-stock-exchange-of-ind-share-price-today\">NSE<\/a> and <a href=\"https:\/\/univest.in\/stocks\/bse\/bse-ltd-share-price-today\">BSE<\/a>. The article&#8217;s framing is about stocks that suit younger, Gen Z consumers, and that framing comes from its headline and summary only.<\/p>\n<p style=\"margin-top:24px;\"><a href=\"https:\/\/univest.in\/user\/log-in?utm_source=blogs&#038;utm_medium=discover\"><strong>Click Here &#8211; Get Free Investment Predictions<\/strong><\/a><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/jpmorgan-picks-physicswallah-meesho-overweight-consumer-internet-stocks-targets-11-november-2026\/#JPMorgan_Picks_Ratings_and_Targets_by_Stock\" title=\"JPMorgan Picks: Ratings and Targets by Stock\">JPMorgan Picks: Ratings and Targets by Stock<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/jpmorgan-picks-physicswallah-meesho-overweight-consumer-internet-stocks-targets-11-november-2026\/#PhysicsWallah_Rating_History_and_Q2_FY27_Results\" title=\"PhysicsWallah: Rating History and Q2 FY27 Results\">PhysicsWallah: Rating History and Q2 FY27 Results<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/jpmorgan-picks-physicswallah-meesho-overweight-consumer-internet-stocks-targets-11-november-2026\/#Meesho_Peers_and_the_Question_of_Which_Others\" title=\"Meesho, Peers and the Question of Which Others\">Meesho, Peers and the Question of Which Others<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/jpmorgan-picks-physicswallah-meesho-overweight-consumer-internet-stocks-targets-11-november-2026\/#Checklist_and_Risks\" title=\"Checklist and Risks\">Checklist and Risks<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/jpmorgan-picks-physicswallah-meesho-overweight-consumer-internet-stocks-targets-11-november-2026\/#Conclusion\" title=\"Conclusion\">Conclusion<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/jpmorgan-picks-physicswallah-meesho-overweight-consumer-internet-stocks-targets-11-november-2026\/#Frequently_Asked_Questions_on_JPMorgan_Picks_and_PhysicsWallah\" title=\"Frequently Asked Questions on JPMorgan Picks and PhysicsWallah\">Frequently Asked Questions on JPMorgan Picks and PhysicsWallah<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/jpmorgan-picks-physicswallah-meesho-overweight-consumer-internet-stocks-targets-11-november-2026\/#Which_stocks_did_JPMorgan_pick\" title=\"Which stocks did JPMorgan pick?\">Which stocks did JPMorgan pick?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/jpmorgan-picks-physicswallah-meesho-overweight-consumer-internet-stocks-targets-11-november-2026\/#What_is_JPMorgans_target_price_for_PhysicsWallah\" title=\"What is JPMorgan&#x27;s target price for PhysicsWallah?\">What is JPMorgan&#x27;s target price for PhysicsWallah?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/jpmorgan-picks-physicswallah-meesho-overweight-consumer-internet-stocks-targets-11-november-2026\/#What_is_JPMorgans_target_price_for_Meesho\" title=\"What is JPMorgan&#x27;s target price for Meesho?\">What is JPMorgan&#x27;s target price for Meesho?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/jpmorgan-picks-physicswallah-meesho-overweight-consumer-internet-stocks-targets-11-november-2026\/#Why_do_the_rating_reports_for_PhysicsWallah_conflict\" title=\"Why do the rating reports for PhysicsWallah conflict?\">Why do the rating reports for PhysicsWallah conflict?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/jpmorgan-picks-physicswallah-meesho-overweight-consumer-internet-stocks-targets-11-november-2026\/#How_did_PhysicsWallah_do_in_Q2_FY27\" title=\"How did PhysicsWallah do in Q2 FY27?\">How did PhysicsWallah do in Q2 FY27?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/jpmorgan-picks-physicswallah-meesho-overweight-consumer-internet-stocks-targets-11-november-2026\/#Are_other_new-age_stocks_doing_well_too\" title=\"Are other new-age stocks doing well too?\">Are other new-age stocks doing well too?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/jpmorgan-picks-physicswallah-meesho-overweight-consumer-internet-stocks-targets-11-november-2026\/#Why_is_Billionbrains_Garage_Ventures_mentioned_without_its_app_name\" title=\"Why is Billionbrains Garage Ventures mentioned without its app name?\">Why is Billionbrains Garage Ventures mentioned without its app name?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/univest.in\/blogs-2\/jpmorgan-picks-physicswallah-meesho-overweight-consumer-internet-stocks-targets-11-november-2026\/#Should_I_buy_these_stocks_because_JPMorgan_likes_them\" title=\"Should I buy these stocks because JPMorgan likes them?\">Should I buy these stocks because JPMorgan likes them?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"JPMorgan_Picks_Ratings_and_Targets_by_Stock\"><\/span><strong>JPMorgan Picks: Ratings and Targets by Stock<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Stock<\/th>\n<th>JPMorgan view<\/th>\n<th>Price and target I found<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td><a href=\"https:\/\/univest.in\/stocks\/pwl\/physicswallah-ltd-share-price-today\">PhysicsWallah<\/a><\/td>\n<td>Overweight, target Rs 148<\/td>\n<td>Rs 128 cited, so about 15.6% upside (my arithmetic: 148 divided by 128)<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/stocks\/meesho\/meesho-ltd-share-price-today\">Meesho<\/a><\/td>\n<td>Overweight, target Rs 250<\/td>\n<td>Rs 244 cited, so about 2.5% upside (my arithmetic)<\/td>\n<\/tr>\n<tr>\n<td>JPMorgan picks: billionbrains Garage Ventures<\/td>\n<td>Overweight, target Rs 210 at initiation in March 2026<\/td>\n<td>Current target not found; one report shows Rs 223.65 on 5 November<\/td>\n<\/tr>\n<tr>\n<td>JPMorgan picks: info Edge<\/td>\n<td>Overweight<\/td>\n<td>No price or target found<\/td>\n<\/tr>\n<tr>\n<td>JPMorgan picks: swiggy<\/td>\n<td>Overweight; target Rs 360 on 28 September 2026<\/td>\n<td>Zeebiz headline cites 62% return potential; I could not reconcile it<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>The Meesho upside of 2.5% is small compared with the 15.6% for PhysicsWallah, which shows that Overweight does not mean the same distance to target in every case. For Billionbrains Garage Ventures, one report puts the 5 November close at Rs 223.65 while also giving an intraday high of Rs 216.25, which cannot both be right, and the March target of Rs 210 is below that price. For Swiggy, the Rs 360 target is from a September note and may have changed. I use the Zeebiz figures where I could read them and flag the rest.<\/p>\n<p style=\"margin-top:24px;\"><a href=\"https:\/\/univest.in\/screeners\"><strong>Compare consumer internet and new-age stocks on the Univest Screener<\/strong><\/a><\/p>\n<h2><span class=\"ez-toc-section\" id=\"PhysicsWallah_Rating_History_and_Q2_FY27_Results\"><\/span><strong>PhysicsWallah: Rating History and Q2 FY27 Results<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Item<\/th>\n<th>Detail<\/th>\n<th>Source note<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>JPMorgan picks: JPMorgan initiation<\/td>\n<td>Overweight with target Rs 125 on 21 April 2026<\/td>\n<td>Business Standard<\/td>\n<\/tr>\n<tr>\n<td>JPMorgan picks: after Q1 FY27<\/td>\n<td>Reported as an upgrade to Overweight from Neutral, target Rs 148 kept<\/td>\n<td>Entrackr; conflicts with the April Overweight<\/td>\n<\/tr>\n<tr>\n<td>JPMorgan picks: Q1 FY27<\/td>\n<td>JPMorgan said results beat despite NEET-related disruption; 30% FY27 revenue growth guidance<\/td>\n<td>Entrackr<\/td>\n<\/tr>\n<tr>\n<td>JPMorgan picks: Q2 FY27 revenue<\/td>\n<td>Rs 1,242 crore, a record<\/td>\n<td>YourStory<\/td>\n<\/tr>\n<tr>\n<td>JPMorgan picks: Q2 FY27 net profit<\/td>\n<td>About double the year-ago level<\/td>\n<td>YourStory; the figure was not in the snippet I read<\/td>\n<\/tr>\n<tr>\n<td>JPMorgan picks: brokerage view of the model<\/td>\n<td>Online test prep expected to grow about 29% a year to $6 billion to $6.5 billion by FY30<\/td>\n<td>JPMorgan, via Business Standard<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>The Entrackr report says JPMorgan upgraded PhysicsWallah to Overweight from Neutral after Q1, while Business Standard reported an Overweight initiation in April, so the stock may have moved between ratings in between or one of the reports is imprecise. Either way, the recent view is Overweight with a Rs 148 target. Other brokerages differ: JM Financial had a Buy with a Rs 140 target, Kotak Institutional Equities had a Reduce with a Rs 125 target.<\/p>\n<p style=\"margin-top:24px;\"><em>Download the <a href=\"http:\/\/apps.apple.com\/in\/app\/univest-stocks-investment\/id6443753518\" rel=\"nofollow noopener\" target=\"_blank\">Univest iOS App<\/a> or <a href=\"http:\/\/play.google.com\/store\/apps\/details?id=com.univest.capp&#038;hl=en_IN\" rel=\"nofollow noopener\" target=\"_blank\">Univest Android App<\/a> to get brokerage call updates and results alerts on your phone.<\/em><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Meesho_Peers_and_the_Question_of_Which_Others\"><\/span><strong>Meesho, Peers and the Question of Which Others<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Company<\/th>\n<th>Fact<\/th>\n<th>Source note<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>JPMorgan picks: meesho<\/td>\n<td>JPMorgan initiated Overweight on 30 April 2026 with target Rs 215; the stock rose about 12% that day<\/td>\n<td>Market reports; target now Rs 250 per Zeebiz<\/td>\n<\/tr>\n<tr>\n<td>JPMorgan picks: meesho price targets elsewhere<\/td>\n<td>Lakshmishree one-year idea of Rs 278; BP Equities technical target Rs 254 with stop loss Rs 205<\/td>\n<td>Other brokers, 4 and 9 November<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/stocks\/nykaa\/fsn-e-share-price-today\">Nykaa<\/a><\/td>\n<td>Q2 FY27 profit about Rs 101 crore, revenue up 28% to Rs 3,006 crore<\/td>\n<td>YourStory<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/stocks\/lenskart\/lenskart-solutions-ltd-share-price-today\">Lenskart<\/a><\/td>\n<td>Q2 FY27 profit more than doubled, revenue up 36%<\/td>\n<td>YourStory<\/td>\n<\/tr>\n<tr>\n<td>JPMorgan picks: loss-making status<\/td>\n<td>Meesho is described as loss-making, so P\/E is not meaningful<\/td>\n<td>Lakshmishree note, 4 November<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>Nykaa and Lenskart also reported strong Q2 numbers, so &#8220;over others&#8221; cannot be read as the other names being weak. The Zeebiz piece does not name the stocks that were left out in the part I could read, and I could not find the JPMorgan note itself. Consumer internet stocks tend to swing sharply on small changes in growth or margin guidance, so a favourable rating is not the same as low risk.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Checklist_and_Risks\"><\/span><strong>Checklist and Risks<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Investor situation<\/th>\n<th>Questions to consider<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>JPMorgan picks: existing holder<\/td>\n<td>Is the position size right for a high-volatility, valuation-sensitive sector?<\/td>\n<\/tr>\n<tr>\n<td>PhysicsWallah: new investor<\/td>\n<td>Have I read the company&#8217;s Q2 filing and not only the broker headline?<\/td>\n<\/tr>\n<tr>\n<td>PhysicsWallah: short-term trader<\/td>\n<td>Can I handle a swing on the next guidance or lock-in expiry?<\/td>\n<\/tr>\n<tr>\n<td>PhysicsWallah: long-term investor<\/td>\n<td>Do competition, losses and valuation fit my time horizon?<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>The main risks are valuation, competition in quick commerce, e-commerce and test prep, execution on offline expansion, losses at some companies, and the chance that a broker changes its view. A broker rating is an opinion and not an assured outcome. Univest does not recommend any security.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span><strong>Conclusion<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><strong>JPMorgan picks<\/strong> five consumer internet stocks as Overweight, including PhysicsWallah with a Rs 148 target and Meesho with a Rs 250 target. The other names left out, and the full reasoning, were not in the sources I could read. Read the original note and consult a SEBI-registered adviser before acting.<\/p>\n<div style=\"background:#CC0000;border-radius:8px;padding:16px 20px;margin:24px 0;\">\n<p style=\"color:#FFFFFF;font-size:13px;line-height:1.7;margin:0;\"><strong style=\"color:#FFFFFF;\">Disclaimer:<\/strong> Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).<\/p>\n<\/p><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Frequently_Asked_Questions_on_JPMorgan_Picks_and_PhysicsWallah\"><\/span><strong>Frequently Asked Questions on JPMorgan Picks and PhysicsWallah<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"Which_stocks_did_JPMorgan_pick\"><\/span><strong>Which stocks did JPMorgan pick?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Zeebiz reports Overweight ratings on PhysicsWallah, Meesho, Billionbrains Garage Ventures, Info Edge and Swiggy. I could not open the full article, so the reasons and any excluded names are not covered here.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_JPMorgans_target_price_for_PhysicsWallah\"><\/span><strong>What is JPMorgan&#x27;s target price for PhysicsWallah?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The reported target is Rs 148 against a cited price of Rs 128, an upside of about 15.6% by my arithmetic. The earlier initiation target in April was Rs 125.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_JPMorgans_target_price_for_Meesho\"><\/span><strong>What is JPMorgan&#x27;s target price for Meesho?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The reported target is Rs 250 against a cited price of Rs 244, about 2.5% upside by my arithmetic. JPMorgan began with a target of Rs 215 in April 2026.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Why_do_the_rating_reports_for_PhysicsWallah_conflict\"><\/span><strong>Why do the rating reports for PhysicsWallah conflict?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> One report says JPMorgan upgraded to Overweight from Neutral after Q1, while another says it initiated at Overweight in April. The stock may have been moved in between, or a report is imprecise.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_did_PhysicsWallah_do_in_Q2_FY27\"><\/span><strong>How did PhysicsWallah do in Q2 FY27?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> YourStory reports record quarterly revenue of Rs 1,242 crore and net profit that roughly doubled.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Are_other_new-age_stocks_doing_well_too\"><\/span><strong>Are other new-age stocks doing well too?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Nykaa&#x27;s profit was about Rs 101 crore on revenue up 28%, and Lenskart&#x27;s profit more than doubled on revenue up 36% in Q2 FY27, per YourStory. So the picks are not the only strong results.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Why_is_Billionbrains_Garage_Ventures_mentioned_without_its_app_name\"><\/span><strong>Why is Billionbrains Garage Ventures mentioned without its app name?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> It is the listed company that runs a broking app. I use its company name, and the price and target data I found for it conflict in places, as noted above.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Should_I_buy_these_stocks_because_JPMorgan_likes_them\"><\/span><strong>Should I buy these stocks because JPMorgan likes them?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Univest does not recommend any security. A broker&#x27;s Overweight rating is an opinion, so check results, valuation and risk and consult a SEBI-registered adviser.<\/p>\n<div class=\"faq-schema\"><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"Which stocks did JPMorgan pick?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Zeebiz reports Overweight ratings on PhysicsWallah, Meesho, Billionbrains Garage Ventures, Info Edge and Swiggy. I could not open the full article, so the reasons and any excluded names are not covered here.\"}},{\"@type\":\"Question\",\"name\":\"What is JPMorgan's target price for PhysicsWallah?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The reported target is Rs 148 against a cited price of Rs 128, an upside of about 15.6% by my arithmetic. The earlier initiation target in April was Rs 125.\"}},{\"@type\":\"Question\",\"name\":\"What is JPMorgan's target price for Meesho?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The reported target is Rs 250 against a cited price of Rs 244, about 2.5% upside by my arithmetic. JPMorgan began with a target of Rs 215 in April 2026.\"}},{\"@type\":\"Question\",\"name\":\"Why do the rating reports for PhysicsWallah conflict?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"One report says JPMorgan upgraded to Overweight from Neutral after Q1, while another says it initiated at Overweight in April. The stock may have been moved in between, or a report is imprecise.\"}},{\"@type\":\"Question\",\"name\":\"How did PhysicsWallah do in Q2 FY27?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"YourStory reports record quarterly revenue of Rs 1,242 crore and net profit that roughly doubled.\"}},{\"@type\":\"Question\",\"name\":\"Are other new-age stocks doing well too?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Nykaa's profit was about Rs 101 crore on revenue up 28%, and Lenskart's profit more than doubled on revenue up 36% in Q2 FY27, per YourStory. So the picks are not the only strong results.\"}},{\"@type\":\"Question\",\"name\":\"Why is Billionbrains Garage Ventures mentioned without its app name?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"It is the listed company that runs a broking app. I use its company name, and the price and target data I found for it conflict in places, as noted above.\"}},{\"@type\":\"Question\",\"name\":\"Should I buy these stocks because JPMorgan likes them?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Univest does not recommend any security. A broker's Overweight rating is an opinion, so check results, valuation and risk and consult a SEBI-registered adviser.\"}}]}<\/script><\/div>\n","protected":false},"excerpt":{"rendered":"<p>JPMorgan picks PhysicsWallah, Meesho and three more consumer internet stocks as Overweight. See targets, results, conflicts in the data and risks.<\/p>\n","protected":false},"author":38,"featured_media":344046,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[842],"tags":[22304,19427,22302,7493,22303,3669,7198],"class_list":["post-344047","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-consumer-internet","tag-info-edge","tag-jpmorgan-picks","tag-meesho","tag-overweight","tag-physicswallah","tag-swiggy"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["344046"],"rank_math_title":["JPMorgan Picks PhysicsWallah, Meesho Over Other Stocks"],"rank_math_description":["JPMorgan picks PhysicsWallah, Meesho and three more consumer internet stocks as Overweight. See targets, results, conflicts in the data and risks."],"rank_math_focus_keyword":["JPMorgan picks"],"rank_math_robots":["a:2:{i:0;s:7:\"noindex\";i:1;s:8:\"nofollow\";}"]},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/univest.in\/blogs-2\/wp-content\/uploads\/2026\/11\/why-jpmorgan-picks-physicswallah-meesho-and-three-other-consumer-internet-stocks.webp","_links":{"self":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/344047","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/users\/38"}],"replies":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/comments?post=344047"}],"version-history":[{"count":1,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/344047\/revisions"}],"predecessor-version":[{"id":344048,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/344047\/revisions\/344048"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media\/344046"}],"wp:attachment":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media?parent=344047"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/categories?post=344047"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/tags?post=344047"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}