SPY State Street SPDR S&P 500 ETF Trust

bullish SHIFT 3/4 shifts correct ↓ $756.48 +1.88 (+0.2%)
P/E 28.0 52wk $578.43 - $749.53 Updated Friday

Goldman Sachs lifts SPY target to 8,000

Watch: Watch for Fed rate signals and US-Iran peace developments to influence SPY volatility and fund flows in the near term.

Goldman Sachs raised its 2026 year-end S&P 500 target to 8,000 from 7,600, implying a 6.4% gain from the last close of 7,519 and a 17% total return for the year. The bank forecast 24% earnings growth with AI infrastructure driving about half the gains. VOO nears $1 trillion assets, outpacing SPY by $200 billion despite SPY's steady multi-year gains of 79% over five years. Short-term capital gains taxes up to 39% penalize quick SPY trades. SPY rose 0.24% to 7,538 amid positive geopolitical signals and inflation worries.

The raised price and earnings targets and strong AI-driven growth outlook highlight SPY's potential for robust total returns, but high short-term tax penalties curb frequent trading and reinforce long-term investment strategies.

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Evidence

Fundamentals & Data ▾
State Street SPDR S&P 500 ETF Trust
P/E
28.0
Div Yield
103.00%
52w Range
$578.43 - $749.53
Technicals uptrend
vs 20d MA
+2.3%
vs 50d MA
+7.5%
from 52w Hi
0.0%
Vol (20d)
10%
1w return
+1.9%
1m return
+6.3%
3m return
+10.6%
Vol ratio
0.9x
Options P/C
0.95 24C / 38P unusual
Track Record (3/4 correct) ▾

Direction History

3/4 correct at 5 days
2026-05-08 bullish +0.2%
2026-04-27 bullish +0.4%
2026-04-18 bearish +0.5%
2026-04-16 bullish +1.0%
15 signals · latest Updated Friday

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