Wall Street Veteran Yardeni Confident in S&P 500 Eclipsing 8,000

A blistering rally has pushed the S&P 500 Index back to all-time highs, and Wall Street veteran Ed Yardeni is confident the benchmark can breach 8,000 points by the end of 2026.

Yardeni raised his year-end price target on the 500-member gauge from 7,700 to 8,250, seeing nearly 12% upside from Friday’s closing level — the highest among strategists tracked by Bloomberg. Strong first-quarter earnings prompted the chief investment strategist of the eponymous Yardeni Research to boost his prediction.