The Invesco QQQ Trust ETF (QQQ), which tracks the performance of the Nasdaq 100 Index (NDX), was down 0.04% in Thursday’s pre-market trading, as investors digested earnings of Nvidia (NVDA) and Salesforce (CRM). Notably, chip giant Nvidia delivered upbeat Q4 FY26 results, reflecting solid demand for its AI chips.
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Trade QQQ with leverageMeanwhile, the QQQ ETF rose 1.45% on Wednesday, as technology and software stocks recovered from an AI-driven selloff.
Overall, the QQQ ETF has risen 2.60% over the past five days and is up 18.1% over the past year.
QQQ’s Key Holdings with Highest Upside/Downside Potential
According to TipRanks’ unique ETF analyst consensus, which is based on a weighted average of analyst ratings on its holdings, QQQ is a Strong Buy. The Street’s average price target of $741.41 for the QQQ ETF implies an upside potential of 20.2%.
Currently, QQQ’s five holdings with the highest upside potential are:
Meanwhile, its top holdings with the greatest downside potential are:
Revealingly, QQQ ETF’s Smart Score is eight, implying that this ETF is expected to outperform the broader market over the long term.