Updates - Macro Trend

Strategists’ S&P 500 Index Estimates for Year-End 2022 (Table)

Thursday, December 16, 2021 09:37 AM

The table presents estimates from strategists for where the S&P 500 Index will finish 2022 and how much profit companies will generate.

S&P 500 Index

2022 Close 2022 EPS
Average 4,950 $231
Median 5,000 $232
High 5,330 $245
Low 4,400 $212
No. of replies 19 18

Individual Estimates

Firm Strategist 2022 Close  2022 EPS
Bank of America Savita Subramanian 4,600 $220
BMO Brian Belski 5,300 $245
Barclays Maneesh Deshpande 4,800 $235
BNP Paribas Greg Boutle 5,100 $236.3
Cantor Fitzgerald Eric Johnston 4,800 $232
Citigroup Scott Chronert 4,900 $220.5
Cornerstone Macro Michael Kantrowitz 4,600 $230*
Credit Suisse Jonathan Golub 5,200 $235
Deutsche Bank Binky Chadha 5,250 $230
Goldman Sachs David Kostin 5,100 $226
Jefferies Sean Darby 5,000 $233
JPMorgan Dubravko Lakos-Bujas 5,050 $240
Morgan Stanley Mike Wilson 4,400 $245*
Ned Davis Research Ed Clissold 5,000 $218
Oppenheimer John Stoltzfus 5,330 $230
RBC Capital Markets Lori Calvasina 5,050 $223
Scotiabank Hugo Ste-Marie 5,000 $237
Stifel Nicolaus Barry Bannister $212
UBS Keith Parker 4,850 $242
Wells Fargo Chris Harvey 4,715 $238.1

* EPS estimate is for 2023