Tesla leads Nasdaq-100 rebound; See the 10 best index performers here
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Mar 12 2025
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Source: SeekingAlpha
Market Recovery: The Nasdaq-100 Index rebounded by 1.5% after a two-day decline, driven by cooler-than-expected CPI inflation data that alleviated tariff uncertainties and created optimism among investors.
Top Performers: Notable stocks leading the recovery included Tesla (+7.5%), Micron Technology (+7.4%), and Nvidia (+6.2%), while analysts warned of potential further declines in the index that could impact AI-driven valuations.
Analyst Views on QQQM
Wall Street analysts forecast QQQM stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for QQQM is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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Current: 255.590
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Current: 255.590
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
