Stocks
Barclays and HSBC raise S&P 500 targets on AI earnings
By Stocks Desk · 2026-09-09 · Updated 2026-09-09 20:09 UTC
Barclays and HSBC have upgraded their S&P 500 outlooks, with Barclays specifically raising its year-end target to 7,950 on the strength of robust AI-driven tech earnings and a forecast of over $1.1 trillion in hyperscaler spending next year.
According to GN markets/earnings (en-US), Barclays has lifted its 2026 S&P 500 price target to 7,950 and its earnings estimate to $365 per share, attributing the move to accelerating hyperscaler capital expenditures that are projected to surpass $1.1 trillion in 2027.
Source: GN markets/earnings (en-US)Major banks have raised their year-end forecasts for the S&P 500, citing durable AI-driven profits and resilient corporate performance across the index.
Source: GN stocks/sp500
Based on reporting by GN stocks/sp500 and GN markets/earnings (en-US), compiled by the Tradingbird desk.
