Evercore ISI predicts that the AI fever will drive the S&P 500 index to rise another 20% by the end of 2026.

According to Evercore ISI strategists, driven by the artificial intelligence boom, the US stock market is expected to rise by another 20% by the end of 2026. Julian Emanuel, Chief Equity and Quantitative Strategist at Evercore ISI, stated in a report that the S&P 500 index is expected to climb to 7750 by the end of next year, "the technological revolution will propel the stock market, price-to-earnings ratios, and social development to new heights". This means a 20% increase from last Friday's closing price, and the benchmark index has already risen by nearly 10% so far this year. Data shows that Emanuel's 2026 target price is currently the highest on Wall Street. The firm's strategist pointed out that the influence of artificial intelligence is driving companies' profits to continue to exceed expectations. They emphasized, "despite facing tariff and policy uncertainties, companies achieved double-digit growth in the second quarter and generally exceeded expectations".