Top brokerages expect the S&P 500 to rally further in 2026, despite the Middle East conflict disrupting energy flows.
AI momentum and strong corporate earnings may offset short-term impacts, though higher oil prices pose recession risks.
Goldman Sachs recently raised its target. Below are key forecasts.
S&P 500 targets:
BofA: 7,100
Societe Generale: 7,300
UBS: 7,500
Jefferies: 7,500
J.P. Morgan: 7,600
Barclays: 7,650
Citigroup: 7,700
Goldman Sachs: 8,000
Morgan Stanley: 8,000
Oppenheimer: 8,100
GDP growth (global/US):
Citigroup: 2.7%/2.3%
Goldman Sachs: 2.4%/2.1%
Morgan Stanley: 3.2%/2.2%
Barclays: 3.1%/2.6%
Deutsche Bank: 3.3%/2.5%
