Ed Yardeni raises his S&P 500 forecast to 8,250 for 2026, the highest on Wall Street, citing resilient earnings and economic strength.
Yardeni Research set a new 2026 S&P 500 target of 8,250, surpassing prior forecasts from firms like Goldman Sachs and Citigroup. The revision marks an 11.5% increase from Friday’s close and reflects an 8% year-to-date gain for the index.
The firm’s president, Ed Yardeni, previously predicted 7,700 and attributes the upgrade to sustained economic resilience and earnings growth. His outlook aligns with his long-held “Roaring 2020s” thesis, comparing current conditions to the post-WWI boom of the 1920s.
Despite the bullish forecast, Yardeni warned of a potential market meltdown, echoing historical parallels to the 1929 crash that ended the original Roaring Twenties.