How is QQQ stock faring? The Invesco QQQ ETF is down 1.78% in the past 5 days but has risen about 42.3% over the past year.
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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 $457.29 implies an upside of about 10%.
Currently, QQQ’s five holdings with the highest upside potential are PDD Holdings (PDD), Warner Bros. Discovery (WBD), Baker Hughes Company (BKR), Biogen (BIIB), and Moderna (MRNA). Its five holdings with the greatest downside potential are Fortinet (FTNT), Atlassian (TEAM), Vertex Pharmaceuticals (VRTX), Airbnb (ABNB), and Marriott International (MAR).
Revealingly, QQQ’s ETF Smart Score is eight, implying that this ETF is likely to outperform the market.
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