HSBC Raises S&P 500 Target To 8,100<\/p>\n
HSBC made a larger upward move a day earlier, lifting its year-end 2026 S&P 500 target to 8,100 from 7,650.<\/p>\n
Head of equity strategy Nicole Inui pointed to strong earnings momentum, with S&P 500 earnings growth in the first half of 2026 approaching 40%. HSBC expects earnings to continue expanding at a 25% pace in the second half.<\/p>\n
The firm sees AI spending as a key catalyst for semiconductors and other AI-linked companies, while a resilient consumer backdrop should support the rest of the index.<\/p>\n
Tom Lee Sees Path To 8,000 And Beyond<\/p>\n
Fundstrat\u2019s Tom Lee has also steadily raised his S&P 500 outlook this year. His current 8,000 year-end target sits between the latest Barclays and HSBC forecasts.<\/p>\n
Lee began 2026 with a 7,700 target set in December 2025 before raising it to 8,000 in June. He cited higher 2027 earnings expectations and a more conservative valuation multiple, putting the emphasis on earnings growth rather than further multiple expansion.<\/p>\n
By July, Lee outlined a potential path toward 8,000 by year-end, with upside toward 8,400 to 8,800 under a stronger scenario. He also warned investors to expect a possible 10% to 20% drawdown between August and October.<\/p>\n
Lee has continued to highlight AI-driven productivity, energy infrastructure investment and corporate earnings as key drivers. He has also argued that the S&P 500\u2019s valuation multiple has compressed during the year because earnings have grown faster than stock prices.<\/p>\n
The S&P 500 has already climbed above 7,800 this year, reaching a record intraday high of around 7,800 in August, putting Barclays\u2019 7,950 target within relatively close range and HSBC\u2019s 8,100 call within reach of another 300 points.<\/p>\n
Read also:\u00a0Samsung, TSMC Commit To ASML’s Next-Gen Chip Machines, But Intel Got There First<\/a><\/p>\n For updates and corrections, email newsroom[at]stocktwits[dot]com.<\/p>\n
![\"Follow](\"https:\/\/chunks-prd.stocktwits-cdn.com\/_next\/static\/media\/google-news-icon.d9c2bfd1.svg\"\/){kind=icon}
<\/a><\/p>\n