Goldman Sachs Raises S&P 500 Target to 6,000 Amid Strong Earnings Projections
The investment bank anticipates significant margin growth and a steady economic outlook to drive corporate profits in 2025.
- Goldman Sachs has increased its S&P 500 year-end target to 6,000, marking the third upward revision this year.
- The bank expects the index to reach 6,300 over the next 12 months, driven by an 11% projected earnings growth in 2025.
- Mega-cap tech stocks and a recovery in the semiconductor cycle are key contributors to the anticipated earnings boost.
- Goldman Sachs cites margin expansion and a stable macroeconomic environment as primary factors for the revised targets.
- The firm's outlook assumes the S&P 500 will maintain a premium valuation of about 22 times forward earnings.