QQQ ETF Surges to New Highs: What’s Driving the Tech Rally on June 26, 2025?
Tech bulls are charging again as the QQQ ETF smashes through resistance levels. Here's why Wall Street can't quit its Nasdaq addiction—even as traditional finance pundits warn of 'irrational exuberance.'
The Big Tech Engine Keeps Running
Mega-cap tech stocks are dragging the entire market upward—again. No surprises there, but the velocity of this rally has even crypto degens nodding in respect.
Liquidity Tsunami Meets AI Hype
With the Fed's latest policy shift and another round of blowout AI earnings, money's flooding into tech like it's 2021. Funny how 'this time is different' always sounds the same.
Will the QQQ party last? Probably until the next CPI print. Until then, enjoy the ride—and maybe hedge with some Bitcoin, just in case.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
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 $585.38 implies an upside of about 8.17%.
Currently, QQQ’s five holdings with the highest upside potential are Strategy (MSTR), Regeneron (REGN), Atlassian (TEAM), Diamondback (FANG) and AppLovin (APP).
Meanwhile, its five holdings with the greatest downside potential are Palantir Technologies (PLTR), KLA Corporation (KLAC), Advanced Micro Devices (AMD), Texas Instruments (TXN) and Tesla Motors (TSLA).
Revealingly, QQQ ETF’s Smart Score is seven, implying that this ETF is likely to perform in line with the market.
Power up your ETF investing with TipRanks. Discover the Top Equity ETFs with High Upside Potential, carefully curated based on TipRanks’ analysis.
Disclosure
