UBS raises year-end target for S&P 500 to 6000 points, expected to further increase next year.

UBS Global Wealth Management raised its year-end target for the S&P 500 index from 5800 points to 6000 points on Thursday, and set a target of 6400 points for June 2026. The research institute also raised its earnings per share forecast for S&P 500 index constituents in 2025 from $250 to $260, and expects earnings per share to be $280 in 2026, higher than the previous expectation of $275. David Lefkowitz, Head of UBS US Equities, said the reason for the changes is that first-quarter earnings have performed better than expected, and GDP growth expectations for the second half of the year have slightly increased. The S&P 500 index closed down 0.04% on Thursday at 5842.01 points. The index has fallen 0.67% year-to-date.