Goldman Sachs lifts 2026 S&P 500 year-end target to 8,000 on AI-led EPS outlook

Goldman Sachs increased its 2026 year-end S&P 500 target to 8,000 from 7,600, pointing to AI-related earnings growth as the main driver. The call implies a 6.4% gain from a recent 7,519 close and about a 17% total return for 2026 including dividends. The target matches 8,000 forecasts from Deutsche Bank and Morgan Stanley, while sitting above a 7,500–7,600 strategist consensus range.