Barclays raises the target for the S&P 500 index, expecting improved profit prospects.

Barclays strategist stated that although the macro backdrop of the US stock market is complex, the overall risk balance remains favorable, thus raising the S&P 500 index target from the previous 7650 points to 7800 points. Due to ongoing peace negotiations, concerns about spending on artificial intelligence, financing, and monetization, as well as persistently high interest rates and strong consumer demand, the stock market continues to fluctuate. However, Venu Krishna-led Barclays team is focusing on improving profit prospects, which is also the reason for raising the target for the US stock market. The strategist also raised the 2026 S&P 500 index earnings per share target from $321 to $337. The 2026 target for the S&P 500 index implies a 4.4% upside from the most recent closing price. The team also provided a 2027 target of 8800 points, with an earnings per share target of $389.