CFRA Lifts S&P 500 Target to 8,050 as Bullish 2026 View Implies 17.6% Gain
Updated
Updated · CNBC · Aug 6
CFRA Lifts S&P 500 Target to 8,050 as Bullish 2026 View Implies 17.6% Gain
1 articles · Updated · CNBC · Aug 6
Summary
CFRA raised its 2026 year-end S&P 500 target to 8,050 from 7,400, implying about 4% upside from Wednesday's close and a 17.6% full-year gain.
An 8,650 target for next year extends that optimism, with CFRA citing easing oil prices, resilient consumer spending and continued AI infrastructure investment.
CFRA also pointed to broad valuation support, saying the average 12-month price target across S&P 500 constituents implies 16.9% upside.
Historical seasonality added to the case: the firm said stocks often rally from October in midterm election years, reinforcing its view that the nearly four-year bull market can keep running.
The new call ranks among Wall Street's most bullish, alongside RBC's 8,150 12-month target and UBS's 8,100 year-end forecast.