Keyword: consensus

S&P 500 – Consensus Year-End Target The top analysts on Wall Street predict a consensus year-end target for the S&P 500 of 3,345. Image: CNBC

Global GDP Growth Outlook vs. Consensus SocGen remains below the consensus forecasts and expects a mild recession around mid-2020 in the U.S. and a projected U.S. GDP of 0.7%. Image: Societe Generale Cross Asset Research

Consensus EPS Growth Expectations Corporate earnings estimates get more optimistic for 2020. Image: Deutsche Bank Asset Allocation

Consensus 2019 & 2020 U.S. Real GDP Growth Goldman Sachs forecasts U.S. real GDP growth of 2.3% in 2019 and 2.2% in 2020 (as of July 2019). Image: Goldman Sachs

U.S. GDP Growth Forecast Goldman Sachs expects a modest growth acceleration in 2020, between 2.25% and 2.5%, above consensus expections. Image: Goldman Sachs Global Investment Research

U.S. Real GDP Growth Forecasts Is the consensus wrong? The consensus expects U.S. real GDP growth of 1.8% in 2020 vs. 2.1% for Goldman Sachs. Image: Goldman Sachs Global Investment Research

Earnings Estimate Progression This chart shows the earnings estimate progression since 2013. For this year, the consensus estimate of EPS growth is currently around 1.9%, and around 9.7% for 2020. Image: Fidelity Investments

Earnings Estimate Progression The consensus growth estimate for Q3 earnings stands at -3.2%, but the earnings recovery seems better than 2016. The Fed’s dovish pivot and low interest rates should continue to support the U.S. stock market. Image: Fidelity Investments

S&P 500 Operating Earnings per Share The S&P 500 quarterly operating earnings per share are Standard & Poors consensus analyst expectations as of 30 June 2019. Picture Source: J.P. Morgan Asset Management

S&P 500 Index vs. Earnings per Share since 1989 The consensus S&P 500 earnings for the next 12 months has increased from $173 to $175. Image: Jeroen Blokland