Major brokerages' forecasts for S&P 500 index in 2026
SPY•Brokerages raise 2026 S&P 500 targets
August 11 (Reuters) - Top brokerages expect the benchmark S&P 500 index to extend its rally in 2026, betting on AI momentum and strong corporate earnings, while a U.S.-Iran stalemate continues to embroil global financial markets.
Strategists at major investment banks expect AI-led earnings strength to offset the short-term economic impact from the conflict in the Middle East, but concerns of higher inflation and disruption to global energy flows persist.
J.P. Morgan became the latest brokerage to raise its index target to the 8,000 mark, adding to a wave of bullish brokerage calls.
2026 S&P 500 index targets
The following are forecasts from some top brokerages on the performance of U.S. stocks in 2026:
| Brokerage | 2026 S&P 500 index target |
|---|---|
| BofA Global Research | 7,100 |
| UBS Global Research | 7,500 |
| Jefferies | 7,500 |
| Canaccord Genuity | 7,500 |
| BNP Paribas | 7,500 |
| Barclays | 7,800 |
| HSBC | 7,650 |
| Evercore ISI | 7,750 |
| Seaport Research Partners | 7,800 |
| RBC Capital Markets | 7,900 |
| UBS Global Wealth Management | 7,900 |
| Wells Fargo | 7,950 |
| J.P. Morgan | 8,000 |
| Deutsche Bank | 8,000 |
| Societe Generale | 8,000 |
| Goldman Sachs | 8,000 |
| Morgan Stanley | 8,000 |
| Oppenheimer Asset Management | 8,100 |
