Wall Street bull calls for 11% rally in S&P 500 to end 2025 as trade ‘uncertainty’ subsides

The high water mark of the S&P 500 (^Gspc) rose in Wall Street amid the market gathering.

John Stolzvos, the chief strategy of the market in Openheimer, has strengthened his goal at the end of the year to 7,100 of 5,950 in a memorandum of clients on Sunday night, as “progress in commercial negotiations removes uncertainty that was weighing our outlook on the market.” The new goal has become the highest in Wall Street and calls for another 11 % crowd in the S&P 500 index. If it is closed 2025 above 7100, the Benchmark index will have increased more than 20 % for the third year in a row.

Stolzfus is one of the many Wall Street strategies who returned to their initial expectations at the end of the year after they previously reduced their goal during the withdrawal of the 20 % market in April.

The Stoltzfus Update came just hours after president Trump announced an agreement with the European Union, which includes a 15 % basic tariff rate on European Union commodities imported to the United States.

“We believe that enough introductory obstacles have been overcome” to restore our original goal of our original prices for the S&P 500 from 7100 by the end of the year. “

Stallzfus reached its goal at the end of the year by dropping the S&P 500 profit per share at $ 275 for 2025 and trading the market at a rate of 25 months forward from 25.8. The value of the S&P 500 is now 22.4 times in the profits of next year, higher than the average of fifty to 10 years from 19.9 and 18.4, respectively, on FactSet data. This really wonders whether the market gathering has become exaggerated.

But stallzfus stallzfus recently indicates that corporate profits prove more flexible than initially feared after Trump’s initial ads in April.

Read more: Latest news and updates on Trump’s tariff

With 34 % of the S&P 500 after they were reported to results, the profits in the second quarter accommodate an increase of 6.4 %, up from 5 % expected on June 27, according to FactSet data.

The profit growth estimates were on an annual basis in the last two quarters of 2025 and to obtain 2026 above. As of July 25, FactSet data showed that analysts expect the S&P 500 profits to grow 13.9 % in 2026, which is slightly higher than 13.8 % than expected a month ago.

In the Sunday note for customers, studi kaiser, President of Citi Head of Us Equity, indicated that profit instructions for the future quarter have increased more than they were in the previous reports period in April. Kaiser said that so far, 41 % of companies raised their instructions in the entire year, an increase of 10 % seen in April. Kaiser noted that this “Windwind” added to us.