ETF Channel: SPDR S&P 600 Small Cap Growth ETF Implied Analyst Target Price of $108.61 Per Unit, 16.59% Upside Potential

The SPDR S&P 600 Small Cap Growth ETF (SLYG) has an implied analyst target price of $108.61, a 16.59% gain from its recent trading price of $93.16. Analysts see upside potential in holdings such as Cogent Communications Holdings (CCOI), Payoneer Global Inc (PAYO), and Innospec Inc (IOSP), with target prices 48.85%, 47.68%, and 44.44% higher than their recent prices, respectively.

Analysts have recently raised their target price for the SPDR S&P 600 Small Cap Growth ETF (SLYG), with an implied analyst target price of $108.61, a 16.59% gain from its recent trading price of $93.16. This upward revision reflects optimism in the fund's holdings, particularly Cogent Communications Holdings (CCOI), Payoneer Global Inc (PAYO), and Innospec Inc (IOSP).

The SPDR S&P 600 Small Cap Growth ETF (SLYG) seeks to closely match the returns and characteristics of the S&P Small Cap 600 Growth Index, which measures the performance of the small-capitalization growth sector in the United States equity market SPDR Series Trust - SPDR S&P 600 Small Cap Growth ETF Stock^[1]. The fund's investment advisor is SSgA Funds Management, Inc.

Analysts have highlighted Cogent Communications Holdings (CCOI) as a key driver of the ETF's potential. The company provides high-speed Internet access, private network, and data center colocation space services globally. Cogent Communications has increased its dividend consecutively for the last 13 years and currently offers a dividend yield of 10.80% How WEC Energy, Cogent Communications, And Fifth Third Bancorp Can Put Cash In Your Pocket^[2]. The company's recent earnings report showed a 29.5% increase in revenues, although it missed the consensus estimate. Analysts see significant upside potential in Cogent Communications, with a target price 48.85% higher than its recent price.

Payoneer Global Inc (PAYO) is another prominent holding in the ETF. The company's recent earnings report showed strong growth, with a 29% increase in customer balances since the company's transformation began under CEO John Caplan. Payoneer has also seen a 16% compound annual revenue growth since Caplan took over as CEO in 2023. Analysts are bullish on Payoneer, with a target price 47.68% higher than its recent price Payoneer Global Inc. (PAYO) Presents At Goldman Sachs Communacopia + Technology Conference 2025 (Transcript)^[3].

Innospec Inc (IOSP) is a specialty chemical company that provides products and services to the chemical, pharmaceutical, and other industries. The company has seen strong growth in recent years and is expected to continue its upward trajectory. Analysts have a target price for Innospec 44.44% higher than its recent price.

The SPDR S&P 600 Small Cap Growth ETF (SLYG) offers investors exposure to the small-cap growth sector, which has historically shown strong performance. With analysts seeing significant upside potential in key holdings, investors may find the ETF an attractive option for their portfolios. However, as with any investment, it is essential to conduct thorough research and consider one's risk tolerance and investment objectives before making any decisions.