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Wall Street Banks See S&P 500 Near 7,500–8,000 by End of 2026

Analysts frame these targets as contingent on sustained earnings growth under a benign rate backdrop.

Overview

  • Deutsche Bank posts the most bullish call at 8,000 for the S&P 500 by year‑end 2026.
  • Morgan Stanley and Wells Fargo target roughly 7,800, implying about 14% upside from recent levels.
  • HSBC and J.P. Morgan project around 7,500, with J.P. Morgan allowing for 8,000 if borrowing costs decline.
  • Forecasters cite continued corporate profit expansion led by tech and AI as the key driver of potential gains.
  • Outcomes remain sensitive to inflation, interest rates, tariffs, global trade dynamics, and the RussiaUkraine conflict.