Data Brief - Major Brokerages' Predictions for the S&P 500 Index in 2026
Stifel 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.
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路透社•2026-10-06 09:36