📊 U.S. Stocks Forecast for 2026: What Analysts Are Saying
1. Macro Backdrop & Economic Outlook
The Federal Reserve is expected to continue cutting rates through 2025 into 2026, easing borrowing costs and supporting equity valuations. Deloitte+2AInvest+2
According to the Fed’s own projections, U.S. GDP growth could be around 1.8% in 2026. Statista
Despite slower growth, some strategists are optimistic: Federated Hermes projects nominal GDP could rise more than 5% in 2026, driven by productivity gains (especially from AI) and a more balanced labor market. federatedhermes.com
2. Stock Market Forecasts & Key Scenarios Morgan Stanley
Bullish on U.S. equities: they expect the S&P 500 to reach ~6500 by Q2 2026, driven by resilient earnings, a weakening dollar, and supportive monetary policy. Investing.com
They also believe a weaker USD could boost multinational companies’ earnings. The Financial Express
Goldman Sachs
Projects a rise in the S&P 500 to ~6,900 by mid-2026. AInvest+1
They foresee sector rotation: more defensive sectors (e.g., healthcare, staples) in 2025, followed by tech/AI and cyclical value names in 2026. AInvest
Rate cuts from the Fed are a big tailwind in their model. AInvest
Bank of America (BofA)
Their strategists expect the S&P 500 to gain about 8% over the next 12 months (from their point of view), targeting around 7,200. thewealthadvisor.com
They are also forecasting ~12% earnings growth in 2026, driven by increasing business investment and productivity improvements. thewealthadvisor.com
Evercore (via Wall Street Analysts)
In a more aggressive “bull case,” they see the possibility of S&P 500 reaching ~9,000 by 2026, driven by AI-led multiple expansion. Nasdaq
However, that scenario is probabilistic — it depends on very favorable conditions (big rate cuts + strong AI adoption). Nasdaq
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