S&P 500 Forecast for 2020

S&P 500 Forecast for 2020 Goldman Sachs forecasts a price-target for the S&P 500 at 3400 by year-end 2020, and a downside scenario at 2600 depending on tariffs and the US election result. Image: Goldman Sachs

S&P 500 Forecast for 2019

S&P 500 Forecast for 2019 Goldman Sachs is holding its year-end price-target for the S&P 500 at 3100, and its downside scenario at 2620 (as of August 23, 2019). Image: Goldman Sachs Global Investment Research

S&P 500 Price Forecast

S&P 500 Price Forecast JPMorgan has shifted to a bullish outlook on U.S. stocks, setting a 2025 year-end S&P 500 target of 6,500, driven by U.S. economic strength, AI sector growth, a robust labor market, and monetary easing by central banks. Image: Bloomberg

Distribution of Forecast 10-Year Annualized S&P 500 Returns

Forecast 10-Year Annualized S&P 500 Returns Based on the 10-year annualized total return forecast distribution, there’s a 72% likelihood that the S&P 500 will underperform Treasury bonds, and a 33% probability that equities will generate returns below inflation. Image: Goldman Sachs Global Investment Research

S&P 500 Annualized 10-Year Total Return Forecasts

S&P 500 Annualized 10-Year Total Return Forecasts Goldman Sachs expects the S&P 500 to deliver an average annualized total return of 3% during the next 10 years, significantly below historical averages. This forecast reflects concerns over high equity valuations. Image: Goldman Sachs Global Investment Research

S&P 500 EPS and Index Level Forecasts

S&P 500 EPS and Index Level Forecasts Over time, stock prices are driven by earnings. According to Goldman Sachs, the S&P 500 is expected to see earnings per share growth of 8% in 2024 and 6% in 2025. Image: Goldman Sachs Global Investment Research

S&P 500 Price Forecasts vs. Market Pricing

S&P 500 Price Forecasts vs. Market Pricing Goldman Sachs, in its base case scenario, forecasts that the S&P 500 will reach a level of 4,700 by the end of 2024. Image: Goldman Sachs Global Investment Research

S&P 500 Price Forecast

S&P 500 Price Forecast Is the S&P 500 undervalued because of the artificial intelligence boom? Image: Goldman Sachs Global Investment Research