diff --git a/.changeset/curvy-tips-doubt.md b/.changeset/curvy-tips-doubt.md
new file mode 100644
index 0000000000..38ec3d1b61
--- /dev/null
+++ b/.changeset/curvy-tips-doubt.md
@@ -0,0 +1,6 @@
+---
+"@pnpm/which-version-is-pinned": patch
+"pnpm": patch
+---
+
+When updating dependencies, preserve the range prefix in aliased dependencies. So `npm:foo@1.0.0` becomes `npm:foo@1.1.0`.
diff --git a/packages/which-version-is-pinned/src/index.ts b/packages/which-version-is-pinned/src/index.ts
index 6ff6d964b3..9810225f9d 100644
--- a/packages/which-version-is-pinned/src/index.ts
+++ b/packages/which-version-is-pinned/src/index.ts
@@ -4,6 +4,10 @@ export function whichVersionIsPinned (spec: string) {
   const isWorkspaceProtocol = spec.startsWith('workspace:')
   if (isWorkspaceProtocol) spec = spec.slice('workspace:'.length)
   if (spec === '*') return isWorkspaceProtocol ? 'patch' : 'none'
+  if (spec.startsWith('npm:')) {
+    const index = spec.lastIndexOf('@')
+    spec = spec.slice(index + 1)
+  }
   const parsedRange = parseRange(spec)
   if (parsedRange.length !== 1) return undefined
   const versionObject = parsedRange[0]
diff --git a/packages/which-version-is-pinned/test/index.ts b/packages/which-version-is-pinned/test/index.ts
index cdb2f4cd9a..7e675567b5 100644
--- a/packages/which-version-is-pinned/test/index.ts
+++ b/packages/which-version-is-pinned/test/index.ts
@@ -6,6 +6,11 @@ test.each([
   ['1.0.0', 'patch'],
   ['*', 'none'],
   ['workspace:^1.0.0', 'major'],
+  ['npm:foo@1.0.0', 'patch'],
+  ['npm:@foo/foo@1.0.0', 'patch'],
+  ['npm:foo@^1.0.0', 'major'],
+  ['npm:@foo/foo@^1.0.0', 'major'],
+  ['npm:@pnpm.e2e/qar@100.0.0', 'patch'],
 ])('whichVersionIsPinned()', (spec, expectedResult) => {
   expect(whichVersionIsPinned(spec)).toEqual(expectedResult)
 })
diff --git a/pnpm/test/update.ts b/pnpm/test/update.ts
index c42d2c52fc..d1fe0194fb 100644
--- a/pnpm/test/update.ts
+++ b/pnpm/test/update.ts
@@ -399,7 +399,7 @@ test('recursive update --latest specific dependency on projects that do not shar
 
   const manifest1 = await readPackageJsonFromDir(path.resolve('project-1'))
   expect(manifest1.dependencies).toStrictEqual({
-    alias: 'npm:@pnpm.e2e/qar@^100.1.0', // this might be not correct
+    alias: 'npm:@pnpm.e2e/qar@100.1.0',
     '@pnpm.e2e/dep-of-pkg-with-1-dep': '100.0.0',
     '@pnpm.e2e/foo': '^100.1.0',
   })
@@ -574,7 +574,7 @@ test('recursive update --latest specific dependency on projects with a shared a
 
   const manifest1 = await readPackageJsonFromDir(path.resolve('project-1'))
   expect(manifest1.dependencies).toStrictEqual({
-    alias: 'npm:@pnpm.e2e/qar@^100.1.0', // this might be incorrect
+    alias: 'npm:@pnpm.e2e/qar@100.1.0',
     '@pnpm.e2e/dep-of-pkg-with-1-dep': '100.0.0',
     '@pnpm.e2e/foo': '100.1.0',
   })