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

UBS AG

10/09/2026 10:37

Updates with UBS GWM, HSBC and Barclays' S&P 500 target
Sept 10 (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 the war in Iran continues to weigh on investor sentiment.
Strategists expect AI-led earnings strength to offset the short-term economic impact from the conflict in the Middle East, even as concerns over higher inflation and disruption to global energy flows persist.
HSBC and UBS Global Wealth Management raised their index targets over the 8,000 mark, while Barclays also lifted its forecast to 7,950.
The following are some of the forecasts on the performance of U.S. stocks this year:
     
Forecasts for stocks: 
Brokerage
2026 S&P 500 index target 
BofA Global Research    
7,100
Jefferies
7,500
Canaccord Genuity
7,500
BNP Paribas
7,500
Evercore ISI
7,750
Seaport Research Partners
7,800
RBC Capital Markets 
7,900
Wells Fargo
7,950
Barclays
7,950
J.P.Morgan 
8,000
Deutsche Bank 
8,000
Societe Generale  
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 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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