JPMorgan sees S&P 500 reaching 7,500 in 2026 — or surging past 8,000 if the Fed keeps cutting rates
JPMorgan's (JPM) top stock market strategists think 2026 will be another good year for US investors. The firm's equity strategy team, led by Dubravko Lakos-Bujas, set a year-end price target of 7,500 for the S&P 500 (^GSPC) in 2026. Should the Federal Reserve continue cutting interest rates, however, the bank thinks the S&P 500 could surpass 8,000 in the year ahead. "Despite AI bubble and valuation concerns, we see current elevated multiples correctly anticipating above-trend earnings growth, an AI cape ...