UBS Global Wealth Management raised its year-end target for the S&P 500 index to 8,100, implying roughly 6% upside from Thursday’s close of 7,641.16 points. The UBS Bank wealth management arm maintained its "attractive" view on U.S. equities, saying resilient economic growth, supportive monetary policy and AI adoption continued to underpin the bull market. It also lifted its S&P 500 earnings-per-share forecasts to $350 for 2026 and $400 for 2027, from $335 and $375, respectively, and raised its 2027 mid-year index target to 8,400 from 8,200. UBS is the latest among a growing group of global research firms forecasting the index above 8,000 by the end of 2026.