S&P 500 Aggregate vs Median Earnings Growth Deutsche Bank is getting more bullish on corporate America. After a strong third quarter, the bank has lifted its S&P 500 earnings forecast to $280 in 2025 and $320 in 2026, betting that profit growth is widening and gaining speed. Image: Deutsche Bank
Mega-Cap Growth & Tech Positioning At the 85th percentile, positioning in mega-cap growth and tech stocks shows investors are still crowding into their favorite trade—chasing the same growth and innovation themes that have driven the market higher. Image: Deutsche Bank Asset Allocation
Consensus EPS Growth Estimates Wall Street’s profit machine is shifting into high gear—S&P 500 earnings are on track to climb 9% in 2025 and surge 14% in 2026, shrugging off economic jitters and trade frictions. Image: Goldman Sachs Global Investment Research
Magnificent Seven Earnings Growth EPS growth for the Magnificent Seven is set to slow to 14% in Q3, down from 28%. The group keeps smashing Wall Street’s targets, but the premium behind the tech trade could finally begin to fade in 2026. Image: Bloomberg
Sector Contribution to S&P 500 EPS Growth Earnings for Q3 2025 are tracking close to the 8.5% S&P 500 EPS growth consensus, driven largely by the tech and financial heavyweights — a sign that this earnings season has real momentum. Image: J.P. Morgan Asset Management
S&P 500 YoY EPS Growth The median S&P 500 company EPS growth is expected to climb about 7% in Q4 2025, a sign of firmer earnings momentum and a more upbeat near‑term outlook. Image: Goldman Sachs Global Investment Research
Discretionary Investors Equity Positioning vs. S&P 500 EPS Growth Discretionary investors are betting on an earnings downturn that looks increasingly out of sync with the data. If that pessimism fades, risk appetite could roar back fast and push equities higher. Image: Deutsche Bank Asset Allocation
Year/Year EPS Growth – Magnificent 7 vs. S&P 493 EPS growth for the Magnificent 7 is expected to cool to 14% in Q3, down from 28%. Mega-cap tech names should continue posting robust earnings growth, but the outsized premium that’s defined the trade might lose some of its shine in 2026. Image: Goldman Sachs Global…
Contribution of Sector Groups to S&P 500 Earnings Growth MCG and Tech have all but carried the market lately, fueling nearly 90% of the S&P 500’s earnings growth. Wall Street’s climb is still a tech‑powered story, with breadth across other sectors stubbornly missing. Image: Deutsche Bank Asset Allocation
S&P 500 Quarterly Earnings Growth Deutsche Bank sees S&P 500 earnings accelerating, forecasting growth to climb from 9.3% last quarter to 10.7% in Q3, boosted by supportive macro trends and strong company performances—well ahead of the more cautious consensus. Image: Deutsche Bank Asset Allocation
Consensus Capex Growth Estimates As we move into 2026, hyperscale AI players are bracing for a sharp slowdown in capital spending—a shift that could weigh on their valuation multiples. Image: Goldman Sachs Global Investment Research