Goldman Sachs Projects S&P 500 7,600

Goldman Sachs analyst Ben Snider sets year‑end S&P 500 target at 7,600, implying about 7% upside from current levels.
Forecast assumes 12% EPS growth in 2026 and 10% in 2027, with P/E ratio staying near 21×.
AI investment expected to drive ~40% of S&P 500 earnings growth this year; hyperscaler capex guidance highlighted.
Risks include narrow market breadth, the tightest since the Dot‑Com bubble, despite a 12% rally since March 30.