US stocks: JP Morgan raises S&P 500 year-end target to 7,800, joins bullish trend (opens original article in a new tab)

J.P.Morgan raised its 2026 S&P 500 year-end target to 7,800, joining other brokerages in bullish forecasts, while noting potential challenges from equity issuance and monetary policy. The index has risen 7.6% this year.

• J.P.Morgan raised its 2026 S&P 500 year-end target to 7,800 from 7,600
• At least seven research firms have raised their S&P 500 targets this month
• S&P 500 earnings-per-share forecast for 2026 is $350, with $390 expected for 2027
• BCA Research increased its S&P 500 target to 8,100 from 7,700
• J.P.Morgan warned that rising equity issuance and tighter monetary policy could weigh on equity valuations
• S&P 500 is up 7.6% this year due to AI optimism and U.S.-Iran peace deal