How is SPY stock faring? The SPDR S&P 500 ETF Trust has declined 1.49% over the past five days, but is up 9.5% year-to-date.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
According to TipRanks’ unique ETF analyst consensus, which is based on a weighted average of analyst ratings on its holdings, SPY is a Moderate Buy. The Street’s average price target of $719.03 for the SPY ETF implies an upside potential of 13.1%.
Currently, SPY’s five holdings with the highest upside potential are Loews (L), Moderna (MRNA), LKQ Corporation (LKQ), Caesars Entertainment (CZR), and The Trade Desk (TTD).
Meanwhile, its five holdings with the greatest downside potential are Paramount Skydance (PSKY), Viatris (VTRS), Garmin (GRMN), Altria (MO), and eBay (EBAY).
Revealingly, SPY’s ETF Smart Score is eight, implying that this ETF is likely to outperform the broader market over the long term.
Power up your ETF investing with TipRanks. Discover the Top Equity ETFs with High Upside Potential, carefully curated based on TipRanks’ analysis.