ChainCatcher news reports that Goldman Sachs expects the market to continue to strengthen into 2026 and has set a target of 7,600 points for the S&P 500 index. Goldman Sachs Chief US Equity Strategist Ben Snider stated that AI-driven productivity will boost earnings, with the S&P 500’s earnings per share (EPS) projected to grow 12% to $305, with six major tech companies contributing nearly half of the growth. Despite risks from the Federal Reserve slowing its easing pace and margin pressures, Snider remains optimistic about the market.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Goldman Sachs is optimistic about the US stock market in 2026, setting the S&P 500 target at 7,600 points
ChainCatcher news reports that Goldman Sachs expects the market to continue to strengthen into 2026 and has set a target of 7,600 points for the S&P 500 index. Goldman Sachs Chief US Equity Strategist Ben Snider stated that AI-driven productivity will boost earnings, with the S&P 500’s earnings per share (EPS) projected to grow 12% to $305, with six major tech companies contributing nearly half of the growth. Despite risks from the Federal Reserve slowing its easing pace and margin pressures, Snider remains optimistic about the market.