Wall Street Forecasts S&P 500 Rally 2026

Sell-side strategists surveyed by Bloomberg are broadly forecasting a fourth consecutive year of gains for the S&P 500 in 2026, with the average year-end target implying roughly a 9% advance and no forecaster predicting a decline. Banks including JPMorgan, Bank of America and CIBC cite resilient US growth, cooling inflation and AI-driven tech strength, while warning of risks from higher-for-longer rates, tariffs and corporate earnings shocks.
Key Points
- 1Forecast 21 sell-side strategists project ~9% S&P 500 gain in 2026; none predict decline
- 2Cite resilient US growth, Fed rate outlook, and AI-driven tech leadership lifting market breadth
- 3Warn of macro risks: prolonged high rates, tariffs, earnings disappointments, or AI sentiment reversal
Scoring Rationale
Industry-wide, actionable consensus from major banks; limited novelty as it's an aggregated forecast with notable macro risks.
Sources
Public references used for this report.
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