Current Status of SPY Stock
SPDR S&P 500 ETF Trust has displayed resilience, edging up by 0.06% over the past 5 days and marking an impressive 27.61% surge over the last year.
Analyst Consensus and Price Outlook
Analysts at TipRanks rate SPY as a Moderate Buy, underpinned by a weighted average of holdings’ ratings. The average price target sitting at $597.94 suggests a prospective upside of 7.45%.
Key Holdings with Potential
Leading the charge, SPY’s top holdings with promising upside include Warner Bros. Discovery (WBD), Aptiv (APTV), United Airlines Holdings (UAL), Wynn Resorts (WYNN), and Global Payments (GPN).
Underperforming Holdings
Conversely, SPY’s holdings with the highest downside risk feature Loews (L), Tesla (TSLA), Teradyne (TER), Arista Networks (ANET), and Qorvo (QRVO).
ETF Smart Score and Market Performance
Impressively, SPY boasts an ETF Smart Score of eight, suggesting its potential to outpace the broader market trends.
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