Societe Generale S.A.GLE
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SocGen raised its S&P 500 target, reflecting its own bullish analyst call
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Societe Generale S.A.Critical Materials & Supply Chain
BHP Group LimitedBHP
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Societe Generale raised its year-end 2026 target for the S&P 500 to 8,000 from 7,300, citing AI-driven earnings growth. The bank's base case assumes about $375 in S&P 500 earnings per share and a forward price-to-earnings multiple near 21 times. A more dovish Federal Reserve and faster AI monetization could push the index toward 10,000, while tighter policy could pull it closer to 6,000. SocGen noted that forward 12-month earnings growth has accelerated to about 18%, and earnings have begun to outpace share price gains, helping to stabilize valuations. The rally is no longer just a Magnificent Seven story, with equal-weight indexes and small caps improving.
Societe Generale S.A.SocGen raised its S&P 500 target, reflecting its own bullish analyst call
BHP Group Limited