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
Valuation – S&P 500 Price/Earnings Ratio The S&P 500 P/E multiple remains 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 Returns by Year of Presidential Cycle While the fourth year of the presidential cycle has historically been favorable for the U.S. stock market, it tends to have lower returns compared to the third year. Image: Goldman Sachs Global Investment Research
S&P 500 Price Target In their base case scenario, Morgan Stanley predicts that the S&P 500 will reach a level of 4,500 by the end of 2024. Image: Morgan Stanley Wealth Management
S&P 500 Price Targets The projected year-end target for the S&P 500 index remains 4500. The absence of a U.S. recession is a key factor in maintaining this target. Image: Real Investment Advice
Time Series of S&P 500 Price, Forward EPS and Price to Forward EPS The S&P 500 has returned to its January 2022 level. Image: BofA US Equity & Quant Strategy
S&P 500 Price Forecast In a soft landing scenario, Goldman Sachs has set a price target of 4,700 by mid-2024 for the S&P 500. Image: Goldman Sachs Global Investment Research
S&P 500 Price Forecast Is the S&P 500 undervalued because of the artificial intelligence boom? Image: Goldman Sachs Global Investment Research
Performance – Tech vs. S&P 500 Price Relative Has Tech outperformance reached its peak? Image: BofA Global Investment Strategy
S&P 500 Price Returns Based on U.S. ISM Manufacturing PMI Levels The U.S. ISM Manufacturing PMI between 45 and 50 is historically bullish for U.S. stocks over the next 12 months. Image: MarketDesk Research