The Invesco QQQ Trust ETF (QQQ), which tracks the performance of the Nasdaq 100 Index (NDX), was up 0.12% in Friday’s pre-market trading amid a decline in oil prices and better-than-expected Q2 FY26 revenue and earnings from tech giant Apple (AAPL).
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Forget margin or options. Here's how the pros trade QQQOn Thursday, QQQ gained 0.93% amid hopes of a resolution to tensions in the Middle East. Overall, the QQQ ETF has risen 2.91% over the past five days and has gained 37.4% 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 $769.61 for the QQQ ETF implies an upside potential of 15.3%.
Currently, QQQ’s five holdings with the highest upside potential are:
Currently, QQQ’s top holdings with the highest downside potential are:
- Marvell Technology (MRVL)
- Advanced Micro Devices (AMD)
- Intel (INTC)
- Western Digital (WDC)
- ARM Holdings (ARM)
Revealingly, QQQ ETF’s Smart Score is eight, implying that this ETF has the ability to outperform the broader market over the long term.