Barclays Raises S&P 500 Forecast on Stronger Earnings Expectations Despite Growi

Barclays has increased its year-end target for the S&P 500 to 7,800 from 7,650 and introduced a 2027 target of 8,800, reflecting a more optimistic earnings outlook even as investors face a more challenging market environment in the months ahead.

The bank said the outlook for equities remains mixed, with several competing forces influencing sentiment. "Equities remain choppy as peace talks stop and start, and questions linger around AI spend, funding and monetization, higher for longer rates, and consumer strength," strategists led by Venu Krishna wrote.

According to Barclays, economic conditions continue to support a constructive stance on stocks. Labour market data remain resilient enough to ease recession concerns, although the same strength could delay monetary easing. The team also noted that cost pressures are beginning to build again but have not yet reached levels that would threaten the broader expansion.

Even so, "the balance of risks still leans constructive," the strategists said.

Barclays raised its 2026 earnings-per-share forecast for the S&P 500 to $337 from $321. The estimate remains slightly below the broader market consensus of $341 but implies annual earnings

Fuente original: Yahoo Finance (https://finance.yahoo.com/markets/stocks/articles/barclays-raises-p-500-forecast-114700667.html)