Analysts See Upside for Invesco S&P SmallCap Momentum ETF

Analysts predict a 13.01% upside for Invesco S&P SmallCap Momentum ETF (XSMO) based on its underlying holdings, prompting investor interest. However, questions remain about the validity of these targets.

Date: 06-01-2025

AI Rating: 7

Implied Analyst Target Price
The report highlights that the Invesco S&P SmallCap Momentum ETF (XSMO) has an implied analyst target price of $75.69 per unit while currently trading at $66.98. This indicates a potential upside of 13.01%.

Individual Holdings Performance
Among the underlying holdings, M/I Homes Inc (MHO) shows the most significant potential, with analysts projecting a target price of $197.50, which is 49.68% above its recent price of $131.95. Innovative Industrial Properties Inc (IIPR) also presents substantial upside, with a target of $92.60 compared to its recent $68.06 trading price, showing a 36.06% upside. Lastly, CoreCivic Inc (CXW) is projected to reach $28.75, a 29.39% increase from its recent trading price of $22.22.

Investor Sentiment and Risks
The positive projections from analysts suggest optimism about these companies' performances in the next 12 months. However, this optimism may also lead to potential downgrades if the analysts' targets are not grounded in current company conditions or industry context. Investors need to weigh these potential upsides against possible risks in the market.

The report does not provide any insights into Earnings Per Share (EPS), Revenue Growth, Net Income, Profit Margins (Gross, Operating, Net), Free Cash Flow (FCF), or Return on Equity (ROE), limiting a comprehensive performance analysis of the companies involved.

Stocks: XSMO MHO IIPR CXW