智通财经网·2025-09-10 11:36Core Viewpoint - The strong corporate earnings growth and renewed enthusiasm for artificial intelligence (AI) have driven the U.S. stock market to record highs, prompting top analysts on Wall Street to raise their forecasts for the S&P 500 index significantly [1][2][3]. Group 1: Analyst Predictions - Analysts from Deutsche Bank have raised their year-end target for the S&P 500 index to 7,000 points, indicating a potential increase of over 7% from current levels [1][6]. - Barclays analysts have also adjusted their forecasts, with expectations for the S&P 500 index to reach 6,450 points by 2025, up from a previous estimate of 6,050 points [10]. - Evercore ISI's analysts have increased their target for the S&P 500 index to 6,250 points by the end of 2025 and predict it could rise to 7,750 points by the end of 2026, reflecting a potential increase of about 20% [6]. Group 2: Market Drivers - The S&P 500 index has rebounded over 30% since its low in April, with over 20 record highs achieved this year, largely driven by the unprecedented demand for AI computing power [2][3]. - Major tech companies like Oracle and Broadcom have reported strong earnings, reinforcing the narrative of a long-term bull market in the AI computing sector [2]. - The ongoing expansion of AI infrastructure investments by the U.S. government and significant capital expenditures by global tech giants are expected to further support the bullish sentiment in the market [2][3]. Group 3: Earnings Expectations - Wall Street analysts anticipate a nearly 10% increase in overall earnings for S&P 500 constituents in 2025, followed by a further 13% growth in 2026 [7]. - The improvement in earnings expectations is crucial for stock price forecasts, especially in the context of potential interest rate cuts by the Federal Reserve [7][10]. - Analysts maintain a positive outlook on the U.S. stock market, suggesting that any corrections of 10% or more could present buying opportunities within the context of a structural bull market [6][7].