The Invesco QQQ Trust ETF (QQQ), which tracks the performance of the Nasdaq 100 Index (NDX), was up 0.55% in Tuesday’s pre-market trading as investors cheered the upbeat Q4 2025 results of AI-powered data analytics company Palantir Technologies (PLTR). Investors also reacted positively to the U.S.-India trade deal.
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On Monday, the QQQ ETF gained 0.69%, with major indices closing higher on the first trading day of February.
Overall, the QQQ ETF has advanced 0.39% over the past five days and is up 20% in 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 $747.54 for the QQQ ETF implies an upside potential of 19.4%.
Currently, QQQ’s five holdings with the highest upside potential are:
- Strategy (MSTR)
- Atlassian Corporation (TEAM)
- Axon Enterprise (AXON)
- Intuit (INTU)
- Thomson Reuters (TRI)
Meanwhile, its top holdings with the greatest downside potential are:
- Micron Technology (MU)
- Old Dominion Freight Line (ODFL)
- Tesla (TSLA)
- Warner Bros. Discovery (WBD)
- Texas Instruments (TXN)
Revealingly, QQQ ETF’s Smart Score is seven, implying that this ETF is expected to be in line with the broader market.