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SPY ETF News, 1/24/2025
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SPY ETF News, 1/24/2025

Story Highlights

Let’s take a quick look at how the SPDR S&P 500 ETF Trust has been performing.

How is SPY stock faring? The SPDR S&P 500 ETF Trust  is up 1.48% in the past 5 days and has risen about 26.5% over the past year.

Invest with Confidence:

According to TipRanks’ unique ETF analyst consensus, determined based on a weighted average of its holdings’ analyst ratings, SPY is a Hold. The Street’s average price target of $667.92 implies an upside of more than 9%. 

Currently, SPY’s five holdings with the highest upside potential are First Solar (FSLR), Biogen (BIIB), MGM Resorts (MGM), Regeneron Pharmaceuticals (REGN), and AES Corp. (AES).

Meanwhile, its five holdings with the greatest downside potential are Palantir (PLTR), Tesla Motors (TSLA), Super Micro Computer (SMCI), Texas Pacific Land (TPL), and Constellation Energy Corporation (CEG).

Revealingly, SPY’s ETF 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.     

Disclosure  

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