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SPY ETF News, 1/3/2025
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SPY ETF News, 1/3/2025

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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 down 0.41% in the past 5 days but has risen about 26.6% 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, SPY is a Moderate Buy. The Street’s average price target of $670.53 implies an upside of more than 15%. 

Currently, SPY’s five holdings with the highest upside potential are Biogen (BIIB), Regeneron (REGN), Advanced Micro Devices (AMD), Caesars Entertainment (CZR), and Micron (MU)

Meanwhile, its five holdings with the greatest downside potential are Palantir (PLTR), Tesla Motors (TSLA), Super Micro Computer (SMCI), Hilton Worldwide Holdings (HLT), and Deckers Outdoor (DECK).

Revealingly, SPY’s ETF Smart Score is eight, implying that this ETF is likely to outperform the market.

Power up your ETF investing with TipRanks. Discover the Top Equity ETFs with High Upside Potential, carefully curated based on TipRanks’ analysis.     

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