Morgan Stanley stock strategist Mike Wilson raises S&P 500 forecast to 5,400 after bearish call on 2024 fails to pan out (2024)

Morgan Stanley stock strategist Mike Wilson raises S&P 500 forecast to 5,400 after bearish call on 2024 fails to pan out (2024)

FAQs

What is Morgan Stanley's forecast for 2024? ›

Morgan Stanley economists anticipate U.S. growth of 2.6% in 2024 and 2.1% in 2025, compared with 2.5% in 2023. Year-over-year growth is likely to moderate toward the end of 2024 with fourth-quarter GDP growth of 2.1%, compared with 3.1% in the fourth quarter of 2023.

What is the S&P 500 prediction for 2024? ›

Evercore ISI highlighted Gen AI's rising productivity across sectors as a key factor in raising their S&P 500 target. They projected EPS to reach $238 in 2024 and $251 in 2025, with 8% and 5% growth, respectively, justifying a high PE ratio of 25.

What is Mike Wilson's target for the S&P 500? ›

Wilson boosted his 12-month S&P 500 target to 5,400, a 20% jump from his last forecast of 4,500, though it assumes the market could rise only 2%. His previous forecast implied that the benchmark would fall 15% by December. The big change comes as the stock market continues to hit record levels this year.

What is the stock market forecast for 2024? ›

Overall, Yardeni Research forecasts S&P 500 operating earnings at $250 in 2024, up 12% vs 2023. He puts them at $270 in 2025 (up 8%) and $300 in 2026 (up 11.1%). These figures compare with analysts' consensus forecasts of $244.70 in 2024, $279.70 in 2025 and $314.80 in 2026.

What is the economy prediction for 2024? ›

The global economy is continuing growing at a modest pace, according to the OECD's latest Economic Outlook. The Economic Outlook projects steady global GDP growth of 3.1% in 2024, the same as the 3.1% in 2023, followed by a slight pick-up to 3.2% in 2025.

What is the best investment in 2024? ›

5 Best long term investments
Investment vehicleRecommended provider
1. Exchange Traded Funds (ETFs)J.P. Morgan Self-Directed Investing Platform
2. Dividend StocksM1 Finance
3. Short-term BondsPublic App
4. Real EstateRealtyMogul
1 more row
May 27, 2024

What is the outlook for the S&P in 2024? ›

Optimism over a resilient economy, improving corporate earnings and the end of the Federal Reserve's tightening cycle has pushed the S&P 500 up 14% this year. With the S&P 500 Index setting record after record, Evercore ISI is predicting another double-digit rally through the end of 2024.

What is the S&P 500 forecast for 2025? ›

Here's its new S&P 500 target. The rally in May has also forced one of Wall Street's most prominent bears to turn bullish and bump up his prediction of where equities will go next. Mike Wilson, Morgan Stanley's chief U.S. equity strategist, said he sees the S&P 500 climbing to 5,400 by the second quarter of 2025.

Where will the S&P 500 be in 10 years? ›

Optimistic: 6%-7% per year.

If you assume margins and P/E multiples will remain at their current high level, and expect sales and buybacks to grow at their historical rates, then you can anticipate making about 6% in returns per year over the next decade.

What is Goldman Sachs S&P target in 2024? ›

If gains broaden out and lift the S&P 500 Equal Weight Index, the main, cap-weighted benchmark could rise another 9% to 5,900 before 2024 closes out. In his most optimistic case, if mega-cap “exceptionalism” persists, the gauge could soar to 6,300 by the end of the year.

What are Mike Wilson price targets? ›

Morgan Stanley's Mike Wilson just turned positive in his view of stocks after his original 2024 prediction failed to pan out. The U.S. equity strategist now expects the S & P 500 will rise to 5,400 by the second quarter of 2025. He previously said the index would slide to 4,500 by the end of this year.

What is the return of gold vs S&P 500? ›

Over the five-year period, gold has climbed an impressive 81.65%, outpacing even the S&P 500.

What is the expected S&P 500 return for 2024? ›

As a whole, analysts are optimistic about the outlook for stock prices in 2024. The consensus analyst price target for the S&P 500 is 5,090, suggesting roughly 8.5% upside from current levels.

Will 2024 be a bull or bear market? ›

The S&P 500 soared throughout the year and finally reached a new high in January 2024, making the new bull market official. The onset of a new bull market has historically been a very reliable stock market indicator.

Is now a good time to invest in the S&P 500? ›

SNPINDEX: ^GSPC

The market is surging, but is now really the best time to buy? The S&P 500 (^GSPC -0.16%) has been booming over the past year and a half, currently up by nearly 50% from its low in late 2022. The index has also reached two dozen all-time highs throughout 2024, its most recent in late May.

What are the financial projections for 2024? ›

Economic growth is projected to slow in 2024 amid increased unemployment and lower inflation. CBO expects the Federal Reserve to respond by reducing interest rates, starting in the middle of the year. In CBO's projections, economic growth rebounds in 2025 and then moderates in later years.

What is the outlook for investment banking in 2024? ›

On the back of expectations for a recovery in M&A and ECM activity and more DCM deals, IB firms have started responding positively and expect modest growth in 2024. We expect an increase in restructuring activity, especially in sectors such as commercial real estate, technology and consumer.

What is the future price of Morgan Stanley? ›

MS Stock 12 Month Forecast

Based on 18 Wall Street analysts offering 12 month price targets for Morgan Stanley in the last 3 months. The average price target is $103.14 with a high forecast of $118.00 and a low forecast of $89.00. The average price target represents a 8.00% change from the last price of $95.50.

What is the real estate outlook for Morgan Stanley? ›

Real estate has re-priced meaningfully over the last two years; returns following periods of re-pricing have typically exceeded historical averages. Strength in real estate fundamentals should support rent growth for high quality assets in sectors backed by long-term demand drivers.

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