Evercore sees S&P 500 bull case at 9,000, base case 7,750
Evercore ISI strategist Julian Emanuel says the S&P 500 could reach 9,000 in a bull case with a 30% probability, while keeping a 7,750 year-end 2026 base-case target.
Evercore ISI strategist Julian Emanuel said the S&P 500 could reach 9,000 in a bullish scenario, about 16% above current levels, while keeping a 7,750 base-case target.
The Details: • Bull-case probability: Evercore assigns a 30% probability to an AI-driven upside scenario in which the index reaches 9,000. • Base case: Emanuel's official year-end 2026 base-case target remains 7,750. • Bull-market conditions: Emanuel cited the absence of recession, surging long-term yields, and extreme investor FOMO as support for further gains. • Growth drivers: The outlook points to AI-led strength in technology, communications services, and consumer discretionary stocks