I remain optimistic:
Many on Wall Street still expect the S&P 500 to soar in 2025
The following chart shows the year-end S&P 500 target prices set by analysts at 17 Wall Street investment banks and research institutions. It also gives the implied upside and downside versus the current level of 5,633. The chart is by no means comprehensive, but it does indicate that many analysts expect the U.S. stock market to rebound in the remaining months of the year.
Wall Street Firm
S&P 500 Target
Implied Upside (Downside)
Oppenheimer
7,100
26%
Wells Fargo
7.007
24%
Deutsche Bank
7,000
24%
Evercore
6,800
21%
BMO Capital
6,700
19%
HSBC
6,700
19%
Bank of America
6,666
18%
Fundstrat
6,600
17%
Citigroup
6,500
15%
JPMorgan
6,500
15%
Morgan Stanley
6,500
15%
UBS
6,400
14%
RBC Capital
6,200
10%
Yardeni Research
6,100
8%
Barclays
5,900
5%
Goldman Sachs
5,700
1%
Stifel
5,500
(2%)
Median
6,500
15%
Data source: Yahoo! Finance.