How is the Invesco QQQ ETF faring in the market? Over the past 5 days, QQQ stock has seen a modest increase of 0.58%, contributing to an impressive year-to-date rise of approximately 16%.

According to TipRanks, which conducts a unique ETF analyst consensus by averaging analyst ratings of its holdings, QQQ is currently rated as a Moderate Buy. The average price target forecasted by analysts stands at $525.34, suggesting a potential upside of about 9%.

Among QQQ’s top five holdings with promising upside potential are PDD Holdings (PDD), Warner Bros. Discovery (WBD), MongoDB (MDB), Atlassian (TEAM), and Sirius XM Holdings (SIRI).

Conversely, the five holdings within QQQ ETF with the most considerable downside potential include KLA (KLAC), Verisk Analytics (VRSK), Texas Instruments (TXN), and Tesla (TSLA).

Furthermore, QQQ ETF’s Smart Score is currently rated at eight, indicating a likelihood of outperformance against the broader market trends.

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