The First Trust Long/Short Equity ETF (FTLS) has an implied analyst target price of $81.90 per unit, reflecting a potential upside of 15.34% from its recent trading price of $71.01. This assessment comes from analyzing the ETF’s underlying holdings and their respective analyst 12-month forward target prices.
Three of FTLS’s underlying stocks show significant upside potential: Roblox Corp (RBLX), with a recent price of $80.95 and an average target price of $138.42 (71.00% upside); monday.com Ltd (MNDY), priced at $143.42 with a target of $234.75 (63.68% upside); and Datadog Inc (DDOG), trading at $133.77 and expected to reach a target price of $215.17 (60.85% upside).
| Name | Symbol | Recent Price | Avg. Analyst 12-Mo. Target | % Upside to Target |
|---|---|---|---|---|
| First Trust Long/Short Equity ETF | FTLS | $71.01 | $81.90 | 15.34% |
| Roblox Corp | RBLX | $80.95 | $138.42 | 71.00% |
| monday.com Ltd | MNDY | $143.42 | $234.75 | 63.68% |
| Datadog Inc | DDOG | $133.77 | $215.17 | 60.85% |
