The SPDR S&P 500 ETF Trust, also known as SPY stock, has seen a slight decrease of 0.08% in the past 5 days. However, it has shown significant growth of 25.74% year-to-date.
Based on TipRanks’ ETF analyst consensus, SPY is considered a Moderate Buy. The average price target from analysts on Wall Street is $513.34, suggesting a potential upside of 8.4%.
Currently, SPY’s top five holdings with the highest upside potential are Bio-Rad Laboratories (BIO), Warner Bros. Discovery (NASDAQ:WBD), United Airlines (UAL), Halliburton (HAL), and Nvidia (NVDA). On the other hand, the five holdings with the greatest downside potential are Robert Half International (RHI), Expeditors International (EXPD), Franklin Resources (BEN), Seagate Tech (STX), and Waters (WAT).
With an ETF Smart Score of eight, SPY is expected to outperform the market averages according to TipRanks’ analysis.
For those interested in ETF investing, TipRanks offers a selection of Top Equity ETFs with High Upside Potential to help enhance your investment strategy.