Data Brief - Major Brokerages' Predictions for the S&P 500 Index in 2026
路透社2026/10/06 09:36Stifel and Jefferies have updated their forecasts. Reuters, October 6 – Global brokerages expect the benchmark S&P 500 Index (.SPX) to extend its rally into 2026, betting on the momentum of artificial intelligence and strong corporate profits, while the war in Iran (link) continues to weigh on investor sentiment. Strategists predict robust AI-driven earnings will offset the short-term economic impacts of Middle East conflicts, though concerns about rising inflation and global energy supply disruptions persist. Major brokerages, including Goldman Sachs and Citigroup, expect the benchmark index to reach 8,000 points or higher by year-end. In contrast, BofA Global Research and Wells Fargo remain more cautious, with forecast levels (link) below the consensus. Here are some forecasts for the index's performance this year: Brokerage S&P 500 Target for 2026 BofA Global Research 7,400 Concord Financial 7,500 BNP Paribas 7,500 Wells Fargo 7,700 Evercore ISI 7,750 Seaport Research Partners 7,800 RBC Capital Markets 7,900 Stifel 7,900 Barclays 7,950 Jefferies 8,000 JPMorgan 8,000 Deutsche Bank 8,000 Société Générale 8,000 Goldman Sachs 8,000 Morgan Stanley 8,000 UBS Global Research 8,100 Oppenheimer Asset Management 8,100 Citigroup 8,100 UBS Global Wealth Management 8,100 HSBC 8,100 Wells Fargo Investment Institute 7,800-8,000 *UBS Global Research and UBS Global Wealth Management are two separate business divisions under UBS Group. *Wells Fargo Investment Institute is a wholly-owned subsidiary of Wells Fargo. (To facilitate non-English speakers, Reuters automatically translates its reports into several other languages. Since automated translations may be inaccurate or lack necessary context, Reuters does not guarantee the accuracy of these texts and provides them only for reader convenience. Reuters accepts no liability for any damages or loss caused by the use of automated translation features.)
Updated forecasts from Stifel and Jefferies
Reuters, October 6 - Global brokerages predict that the benchmark S&P 500 Index .SPX will continue its upward trend in 2026, betting on the momentum of artificial intelligence and strong corporate profits, while the war in Iran (link) continues to weigh on investor sentiment.
Strategists expect that robust earnings driven by artificial intelligence will offset the short-term economic impact of the Middle East conflict, although concerns about rising inflation and disruptions to global energy supplies persist.
Major brokerages including Goldman Sachs and Citigroup forecast that the benchmark index will reach 8,000 points or higher by the end of the year. In contrast, Bank of America Global Research and Wells Fargo maintain a more cautious outlook, with their forecasts levels (link) below the consensus.
Here are some predictions regarding the index's performance this year:
Brokerage | S&P 500 Index 2026 Target |
Bank of America Global Research | 7,400 |
Concord Financial | 7,500 |
BNP Paribas | 7,500 |
Wells Fargo | 7,700 |
Evercore ISI | 7,750 |
Seaport Research Partners | 7,800 |
RBC Capital Markets | 7,900 |
Stifel | 7,900 |
Barclays | 7,950 |
Jefferies | 8,000 |
JPMorgan | 8,000 |
Deutsche Bank | 8,000 |
Société Générale | 8,000 |
Goldman Sachs | 8,000 |
Morgan Stanley | 8,000 |
UBS Global Research | 8,100 |
Oppenheimer Asset Management | 8,100 |
Citigroup | 8,100 |
UBS Global Wealth Management | 8,100 |
HSBC | 8,100 |
Wells Fargo Investment Institute | 7,800-8,000 |
* UBS Global Research and UBS Global Wealth Management are two independent business units under UBS Group.
* Wells Fargo Investment Institute is a wholly owned subsidiary of Wells Fargo.
(To facilitate non-English speakers, Reuters automatically translates its reports into several other languages. As automated translation may include errors or lack needed context, Reuters does not guarantee the accuracy of automated translations and provides them purely for reader convenience. Reuters assumes no responsibility for any damages or losses arising from the use of automated translation functionality.)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Sector Update: Consumer
09:00 AM EDT, 10/06/2026 (MT Newswires) -- Consumer stocks were edging higher premarket Tuesday, with the State Street Consumer Staples Select Sector SPDR ETF (XLP) up 0.1% and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) advancing by 0.6%. Nomad Foods (NOMD) stock was up more than 4% after the company said it now expects fiscal 2026 organic revenue to decline 2% to 3%, compared with its previous guidance for a decline of 2% to 5%.
Uber (UBER.US) plans to acquire ezCater for $2.3 billions in cash to expand corporate catering services
Uber (UBER.US) will acquire food service company ezCater Inc. for $2.3 billion in cash, a move that will help the Uber Eats delivery platform reach more corporate clients.
BUZZ - RPM shares drop as downgraded outlook overshadows Q1 earnings beat
October 6 – ** Paint manufacturer RPM International (RPM.N) shares fell 2% to close at $93.50 after releasing its first-quarter earnings report ** The company expects mid-single-digit growth in adjusted EBITDA for fiscal year 2027, compared to its previous forecast of 5% to 10% ** The company expects consolidated sales to achieve mid-single-digit growth, roughly in line with the previous estimate of 3% to 7% ** According to LSEG data, net sales for the first quarter were $2.22 billions, meeting analysts’ expectations ** Adjusted earnings per share for the first quarter were $1.98, higher than the expected $1.94 ** Out of 18 brokerages, 17 gave a “buy” or higher rating, 1 gave a “hold” rating; the median price target is $127.94—data compiled by LSEG ** As of the previous trading day’s close, the stock has fallen 8.37% year-to-date (To facilitate non-English speakers, Reuters has automated its reports into several other languages. As automated translations may contain errors or may lack necessary context, Reuters does not guarantee the accuracy of automated translation texts and provides them as a convenience to readers. Reuters assumes no liability for any harm or loss arising from the use of automatic translation functions.)
BUZZ - Stryker shares fall as long-time CEO Lobo steps down, with COO Styles set to succeed
October 6th - Stryker (SYK.N) shares fell more than 3% in pre-market trading to $275.44. Current President and Chief Operating Officer Spencer Stiles will succeed Kevin Lobo as the CEO of the medical device manufacturer. Lobo, who has served as CEO since 2012, will become Executive Chairman starting January 1. Lobo oversaw more than 60 acquisitions, including the purchase of robotic surgery company Mako, which helped transform the orthopedic sector. Out of 29 brokerage firms, 24 rate the stock as "buy" or higher, while 5 recommend "hold"; the median target price is $380, according to data compiled by LSEG. As of the previous trading day's close, the stock was down 18.85% year-to-date. (For the convenience of non-English speakers, Reuters has automated the translation of its report into several other languages. As automated translations may contain errors or lack the necessary context, Reuters does not guarantee the accuracy of automated translation texts, which are provided solely for reader convenience. Reuters assumes no responsibility for any damages or losses arising from the use of automated translation features.)
Crypto prices
More
