--- title: "FACTBOX-What to expect in 2026: Brokerage forecasts for S&P 500, global GDP" type: "News" locale: "en" url: "https://longbridge.com/en/news/284208664.md" datetime: "2026-04-27T11:50:07.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/284208664.md) - [en](https://longbridge.com/en/news/284208664.md) - [zh-HK](https://longbridge.com/zh-HK/news/284208664.md) --- # FACTBOX-What to expect in 2026: Brokerage forecasts for S&P 500, global GDP (Updates with S&P 500 forecast from J.P. Morgan, GDP forecast from Goldman Sachs) April 27 (Reuters) - Top brokerages expect the benchmark S&P 500 index (.SPX) to extend its rally in 2026, even as near-term pressure from the Middle East conflict disrupts global energy flows and revives worries about inflation and the monetary policy outlook. Strategists at major investment banks expect momentum in artificial intelligence and strong corporate earnings to offset the conflict’s short-term economic impact. However, they warned that persistently higher oil prices could increase recession risks. J.P. Morgan raised its year-end target for the S&P 500 to 7,600, reversing a cut made last month when it lowered the forecast to 7,200. Since the Iran war began, the S&P 500 has gained about 4%, buoyed by optimism over a temporary ceasefire between Israel and Lebanon that has reassured investors the worst of the Middle East conflict may be over. Following are forecasts from some top brokerages on economic growth and the performance of U.S. stocks in 2026: Forecasts for stocks: Brokerage 2026 S&P 500 index target BofA Global Research 7,100 Societe Generale 7,300 UBS Global Research 7,500 Jefferies 7,500 ### HSBC 7,500 Canaccord Genuity 7,500 BNP Paribas 7,500 UBS Global Wealth 7,500 Management Goldman Sachs 7,600 J.P. Morgan 7,600 Barclays 7,650 Citigroup 7,700 Evercore ISI 7,750 Morgan Stanley 7,800 Seaport Research Partners 7,800 Deutsche Bank 8,000 Oppenheimer Asset 8,100 Management Wells Fargo Investment 7,400-7,600 Institute Real GDP Growth: Brokerage GLOBAL U.S. EURO AREA UK Citigroup 2.7% 2.3% 0.9% 0.8% 2.3% 0.7% Goldman Sachs 2.5% 0.9% Morgan Stanley 3.2% 2.3% 0.6% 0.6% Barclays 3.1% 2.6% 0.8% 0.7% Wells Fargo 2.7% 2.2% 0.7% 0.6% UBS Global Wealth 3.1% 1.7% 1.1% 1.1% Management Deutsche Bank 3.3% 2.5% 0.5% 1.3% ### HSBC 2.5% 2.1% 0.7% 0.8% J.P.Morgan 2.5% 2.2% 1.0% 0.5% BofA Global 3.1% 2.3% 0.6% 1.2% Research UBS Global 3.1% 1.7% 0.8% 0.6% Research - UBS Global Research and UBS Global Wealth Management are distinct, independent divisions in UBS Group - Wells Fargo Investment Institute is a wholly owned subsidiary of Wells Fargo Bank Brokerages’ 2026 forecast for S&P 500 index target ### Related Stocks - [.SPX.US](https://longbridge.com/en/quote/.SPX.US.md) - [GS-A.US](https://longbridge.com/en/quote/GS-A.US.md) - 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