ERX is an exchange-traded fund — it holds a basket of underlying assets rather than being a single operating company.
Company fundamentals like P/E, revenue, EPS and profit margins don't apply to a fund — its value comes from the assets it holds, not its own earnings. Use the price chart, options and model forecast below for fund-level analysis.
An institutional-grade, numbers-driven thesis on ERX — generated on demand from live fundamentals, scores and forecast.
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As of July 4, 2026, TradersQuant's model rates Direxion Daily Energy Bull 2X ETF (ERX) 50/100 with a 12-month base-case forecast of $103.29 — +35.2% versus the current price of $76.42. Direxion Daily Energy Bull 2X ETF trades at $76.42 in the Financial Services sector, with a market capitalisation of $244.3M. The score blends valuation, growth, earnings quality and momentum into a single grade.
The 12-month TradersQuant model price target for ERX is $103.29, implying +35.2% versus the current price. The model's 12-month scenario range runs from $97.50 (bear) to $110.83 (bull), with a base case of $103.29.
ERX currently carries a TradersQuant composite score of 50/100, which we read as a cautious signal. Our 12-month price target of $103.29 implies +35.2% from $76.42. This is research, not financial advice — always combine it with your own judgement.
The TradersQuant 12-month model price target for ERX is $103.29, about +35.2% versus the latest price of $76.42.
TradersQuant's 12-month model forecast for ERX is a base case of $103.29, ranging from $97.50 (bear) to $110.83 (bull), an expected return of +35.2%. Forecasts are model estimates, not guarantees.
The TradersQuant price prediction for ERX over the next 12 months is $103.29 in the base case (bear $97.50, bull $110.83), versus today's price of $76.42. Unlike black-box prediction sites, every TradersQuant call is logged at the price and date it was made and graded publicly against the S&P 500.
We deliberately don't publish 2030 price predictions for ERX — no model can honestly forecast a single stock five-plus years out, and sites that do are guessing. TradersQuant focuses on a rigorous 12-month bull/base/bear range, refreshed continuously and graded on our public track record.
TradersQuant estimates ERX's fair value at $95.31, implying +24.7% of expected upside versus the current price.
Direxion Daily Energy Bull 2X ETF does not currently pay a dividend.
Data and model outputs are for research only and are not financial advice. Figures update continuously.
