Factbox: Major brokerages' forecasts for S&P 500 index in 2026

UBS AG

11/08/2026 09:40

Updates with J.P.Morgan's S&P 500 target
August 11 (Reuters) - Top brokerages expect the benchmark S&P 500 index .SPX 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. 
The following are forecasts from some top brokerages on the performance of U.S. stocks in 2026:
     
Forecasts for stocks: 
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
Citigroup
8,100
Wells Fargo Investment Institute
7,800-8,000
 * UBS Global Research and UBS Global Wealth Management are distinct, independent divisions in UBS Group
 * Wells Fargo Investment Institute is a wholly owned subsidiary of Wells Fargo Bank
     
     

(Compiled by the Broker Research team in Bengaluru; Editing by Sriraj Kalluvila, Tasim Zahid, Mrigank Dhaniwala, Shailesh Kuber and Rashmi Aich )
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