Returns – S&P 500 Price Index and Implied Trend Growth Rate Deutsche Bank has increased its year-end 2024 target for the S&P 500 index to 5,750, up from 5,500, driven by continued robust corporate performance and strong investor demand. Image: Deutsche Bank
S&P 500 Price Target In its bull case scenario, Morgan Stanley predicts that the S&P 500 could reach a level of 6,350 by mid-2025, a level that would represent significant gains from current levels. Image: Morgan Stanley Wealth Management
Seasonality – Average Annualized S&P 500 Price Return by Month BofA’s strategists are cautioning investors about the potential for significant market corrections in the near term, driven by weak seasonal patterns and the uncertainties surrounding the U.S. election. Image: BofA US Equity & Quant Strategy
S&P 500 Price Target Citing robust corporate earnings, Deutsche Bank has set a year-end 2024 target of 5,500 for the S&P 500 index. Image: Deutsche Bank
Performance – Tech vs. S&P 500 Price Relative Will tech outperformance relative to the S&P 500 persist going forward? Image: BofA Global Investment Strategy
S&P 500 Price 20-Week Change Since the 1930s, there have been 10 instances of U.S. stocks gaining over 25% in just five months, demonstrating the market’s potential for rapid and significant growth in a relatively short space of time. Image: BofA Global Investment Strategy
S&P 500 Price Target 33% of JPM clients have high expectations for the S&P 500 index, with the belief that it will reach 5250 by the end of the year 2024, indicating a notable level of optimism regarding the stock market’s future performance. Image: J.P. Morgan
Valuation – S&P 500 Price/Earnings Ratio The S&P 500 P/E multiple is expected to remain above the average level observed since 1990, indicating investors’ willingness to pay more for earnings, possibly due to optimism about future growth. Image: Goldman Sachs Global Investment Research
S&P 500 Price Targets The S&P 500’s year-end target of 5400 in 2024 reflects a bullish outlook, supported by the absence of a U.S. recession, which is crucial in sustaining the upward momentum of the S&P 500 index. Image: Real Investment Advice
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