Looking ahead to 2026: S&P 500 forecast by Goldman Sachs, UBS, JPMorgan, HSBC, Yardeni

The S&P 500 Index had another strong bull run this year, continuing a trend that has been going on since 2022. It jumped to a record high of $6,930, up by 17% from its January levels, adding trillions in value. It has now jumped by 87% in the last five years. 

This article explores some of the S&P 500 Index forecast by some of the top Wall Street analysts, including companies like Oppenheimer, Deutsche Bank, JPMorgan, UBS, Yardeni, and Goldman Sachs, among others.

S&P 500 Index forecast by key Wall Street analysts 

Most analysts are highly bullish on the S&P 500 Index in the coming year. The most optimistic ones are from Oppenheimer, who believe that it will jump to $8,100, up by 32% from the current level.

It is followed by Deutsche Bank and Capital Economics, who believe that the S&P 500 Index will jump to $8,000 during the year. 

Other analysts are highly bullish on the blue-chip S&P 500 Index, with Morgan Stanley, Wells Fargo, RBC, Evercore, and Yardeni expecting it to rise to $7,800, $7,800, $7,750, and $7,700, respectively.

Goldman Sachs, UBS, and HSBC analysts are also highly bullish on the index and now expect it to over $7,600. 

The least optimistic analysts are from Stifel, Bank of America, and Societe Generale, who believe that the S&P 500 Index will jump to $7,000, $7,100, and $7,300, respectively. As a result, the average estimate is that it will jump to $7,635, also much higher than the current $6,100.