How is QQQ stock faring? The Invesco QQQ ETF is down 1.68% in the past 5 days but has risen about 46.3% over the past year.
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 $480.09 implies an upside of about 12%.
Currently, QQQ’s five holdings with the highest upside potential are Biogen (BIIB), Warner Bros. Discovery (WBD), Baker Hughes Company (BKR), AstraZeneca (AZN), and Moderna (MRNA). Its five holdings with the greatest downside potential are CrowdStrike Holdings (CRWD), Lam Research (LRCX), Constellation Energy (CEG), Airbnb (ABNB), and Broadcom (AVGO).
Revealingly, QQQ’s ETF Smart Score is eight, implying that this ETF is likely to outperform the market.
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