Key facts
- JPMorgan Private Bank has raised its S&P target.
- The bank anticipates a US earnings 'supercycle'.
- JPMorgan projects 20% earnings growth in 2026.
Nataliia Lipikhina, head of EMEA equity strategy at JPMorgan Private Bank, has announced an upward revision of the bank's S&P target. She attributes this adjustment to an anticipated 'supercycle' in US corporate earnings, which she believes will propel stock markets to new record highs. Lipikhina specifically forecasts that earnings growth for 2026 could reach 20%. This outlook suggests a positive sentiment towards the equity market driven by expected strong corporate performance.
