Key Points The median bottom-up forecast says the S&P 500 will hit 7,560 within 12 months, which implies about 10% upside from where it trades today. Evercore’s bull-case scenario says the S&P 500 will advance to 9,000 in 2026, which implies about 30% upside from its current level. Morgan Stanley’s bear-case scenario says the S&P 500 will fall to 4,900 in 2026, which implies about 30% downside from its current level. 10 stocks we like better than S&P 500 Index › The S&P 500 (SNPINDEX: ^GSPC) has ...