Citigroup predicts S&P 500 to hit 7,700 by end of 2026, citing strong earnings and AI investments. Focus shifts to companies adopting AI. Target implies 12.7% gain from current levels. Index up 16% this year, driven by AI, profits, and rate expectations. Volatility expected as bull market ages.

Citi sees index reaching 8,300 in bull case, dropping to 5,700 in bear case. Oppenheimer’s forecast at 8,100, Reuters poll predicts 12% rise next year. UBS Global Wealth Management also set 7,700 year-end target. AI emphasis to continue, winners and losers will emerge. Market fundamentals key to supporting valuations.

Read more at Yahoo Finance: Citi sets 2026 S&P 500 target at 7,700, expects AI to remain key theme