Yardeni Research sees DJIA at 60,000, S&P 500 at 8000 by 2030 By Investing.com (2024)

FAQs

What is the Dow Jones in 2030? ›

Yardeni Research's chief investment strategist, Ed Yardeni, told clients in a note that the Dow Jones Industrial Average is on track for a 50% rise to 60,000 by 2030, and the S&P 500 could climb to 8,000, thanks to earnings.

Looking at the S&P 500 for the years 1993 to mid-2023, the average stock market return for the last 30 years is 9.90% (7.22% when adjusted for inflation). Some of this success can be attributed to the dot-com boom in the late 1990s (before the bust), which resulted in high return rates for five consecutive years.

This is a return on investment of 26,090.83%, or 10.77% per year. This lump-sum investment beats inflation during this period for an inflation-adjusted return of about 3,135.61% cumulatively, or 6.60% per year. If you used dollar-cost averaging (monthly) instead of a lump-sum investment, you'd have $25,369.36.

If the Dow gains 7% on average annually moving forward, it reaches 116,200 early in 2040 - hitting Berger's mark exactly as he predicted.

The updated Dow Jones price prediction for the next 5 years is for the index to trade around 45,000 points. Long Forecast predicts Dow Jones to trade above 40,000 points in the second half of 2024 and and advance up to 44,000 points by the end of the year. This is the most bullish Dow Jones forecast for 2024.

Stock Market Historical Returns

40 Years (1982 – 2022): 11.6% annual return. 30 Years (1992 – 2022): 9.64% annual return. 20 Years (2002 – 2022): 8.14% annual return. 10 Years (2012 – 2022): 12.74% annual return.

Stock Market Average Yearly Return for the Last 30 Years

The average yearly return of the S&P 500 is 10.47% over the last 30 years, as of the end of April 2024. This assumes dividends are reinvested. Adjusted for inflation, the 30-year average stock market return (including dividends) is 7.74%.

Imagine you wish to amass $3000 monthly from your investments, amounting to $36,000 annually. If you park your funds in a savings account offering a 2% annual interest rate, you'd need to inject roughly $1.8 million into the account.

What is the safest investment with the highest return? ›

The S&P topped out at 4,842 Friday afternoon, narrowly beating January 2022's prior all-time high of 4,818.

In terms of a price target, Bank of America is targeting S&P 500 5,150 to 8,700 with its S&P 500 price forecast for 2030.

Stock Prediction 2030. In 2030, the Opendoor Technologies Inc. stock will reach $ 21.46 if it maintains its current 10-year average growth rate. If this Opendoor Technologies Inc. stock prediction for 2030 materializes, OPEN stock will grow 1,035.51% from its current price.

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.