How is QQQ stock faring? The Invesco QQQ ETF is up 0.62% in the past 5 days and about 11.24% over the past year.
Don’t Miss TipRanks’ Half-Year Sale
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
According to TipRanks’ unique ETF analyst consensus, determined based on a weighted average of its holdings’ analyst ratings, QQQ is a Moderate Buy. The Street’s average price target of $585.38 implies an upside of about 8.17%.
Currently, QQQ’s five holdings with the highest upside potential are Strategy (MSTR), Regeneron (REGN), Atlassian (TEAM), Lululemon Athletica (LULU) and AppLovin (APP).
Meanwhile, its five holdings with the greatest downside potential are Palantir Technologies (PLTR), KLA Corporation (KLAC), Advanced Micro Devices (AMD), Texas Instruments (TXN) and Tesla (TSLA).
Revealingly, QQQ ETF’s Smart Score is seven, implying that this ETF is likely to perform in line with the market.
Power up your ETF investing with TipRanks. Discover the Top Equity ETFs with High Upside Potential, carefully curated based on TipRanks’ analysis.