Analysts Predict Upward Trends for Fidelity Small-Mid ETF

Strong upside potential noted for Fidelity ETF FSMD, trading at $39.16, with analysts expecting a target price of $46.80. Teleflex, TechnipFMC, and Axos Financial show promising growth potential.

Date: 06-05-2025

AI Rating: 7

Implied Upside Analysis
The report provides a comprehensive analysis of the Fidelity Small-Mid Multifactor ETF (FSMD) and its underlying holdings, highlighting the strong upside potential for this ETF given its recent trading price of $39.16 versus an average analyst target of $46.80 per unit. This represents an upside of approximately 19.51%, signaling potential gains for investors.

Notable underlying holdings include Teleflex Incorporated (TFX), TechnipFMC plc (FTI), and Axos Financial Inc (AX), each demonstrating significant upside relative to their current share prices. TFX, currently priced at $122.90, has a target price of $152.75, suggesting a potential upside of 24.29%. FTI, trading at $29.26, has a target of $35.90 (22.69% upside), while AX, with a price of $67.67, could reach $82.83 (22.41% upside).

**Investor Considerations**
While high analyst price targets may reflect optimism about future growth, it’s paramount for investors to evaluate whether these forecasts are based on sound fundamentals. Factors like earnings reports, industry conditions, and broader economic indicators need to be monitored closely. If analyst targets do not reflect company performance or market conditions accurately, there may be risks of future target downgrades, leading to potential stock price volatility.

Overall, while the reported upside rates are appealing to investors considering a short-term hold period of 1 to 3 months, due diligence is necessary to gauge the validity of these targets in the face of dynamic market conditions.

Stocks: FSMD TFX FTI AX