S&P 500 Analysts Give Record 60% 'Buy' Ratings as JPMorgan Raises Year-End Target to 7,800 This Week

According to Koyfin data and JPMorgan, nearly 60% of S&P 500 stocks now carry 'Buy' or higher ratings from analysts—the highest level on record—as Wall Street firms raised their 2026 year-end targets this week. JPMorgan increased its year-end target to 7,800 from 7,200, implying roughly 6% upside from current levels. Barclays and Stifel also lifted their targets to 7,800 this week, citing strong corporate earnings. Among the index's five largest constituents—Nvidia, Apple, Microsoft, Amazon, and Alphabet—a majority of analysts maintain 'Buy' or higher ratings.

Market strategists noted that with such high bullish sentiment, much positive news is already priced in, leaving less room for positive surprises. JPMorgan strategist Dubravko Lakos-Bujas added that the S&P 500's climb will "likely be non-linear, as the market will need to clear various hurdles." The S&P 500 has gained over 7% this year and reached a record high of 7,620.90 in June.