Goldman Sachs Strategists Predict Earnings Growth Will Drive Further S&P 500 Gains

Wallstreetcn
2026.04.21 08:03

Goldman Sachs strategists believe there is still upside potential in the US stock market, forecasting that the S&P 500 Index will rise to 7,600 by year-end, with earnings growth serving as the primary driver. Led by Ben Snider, the team stated that given current market pricing reflects economists' forecasts for "solid but below-trend" GDP growth, investors should shift their focus toward long-term growth companies rather than cyclical ones. The strategists also noted that US stocks have reached record highs, propelled by continuous upward revisions in earnings expectations, while valuation multiples remain below pre-conflict levels. (Bloomberg)

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