Goldman Sachs has raised its year-end 2026 target for the S&P 500 index to 8,000 from 7,600, betting that resilient corporate earnings and continued momentum in artificial intelligence-related investments will keep driving U.S. equities higher, according to a Reuters report.
The revised target implies a potential upside of about 6.4%, highlighting the brokerage’s growing confidence in the strength of the U.S. corporate sector despite concerns around inflation, geopolitical tensions, and slowing consumer demand.