Morgan Stanley's Mike Wilson Sees S&P 500 Hitting 8,300 by Mid-2027 on 11% Upside
Updated
Updated · Business Insider · May 14
Morgan Stanley's Mike Wilson Sees S&P 500 Hitting 8,300 by Mid-2027 on 11% Upside
5 articles · Updated · Business Insider · May 14
8,300 is Mike Wilson’s new mid-2027 target for the S&P 500, implying roughly 11% upside from current levels and extending one of Wall Street’s more bullish calls.
6% median first-quarter earnings surprises — the highest in four years — anchor the forecast, while forward EPS growth for the S&P 1500 has accelerated to 12% from 8% at the start of 2026.
An 18% squeeze in the S&P 500’s forward P/E during the Iran-war sell-off, despite only a 9% index drop, reset valuations and helped set up the rebound to record highs, Wilson said.
Wilson also argues the market is still in a rolling recovery that began after the April 2025 Liberation Day lows, supporting his preference for cyclicals and overweights in industrials, financials and consumer discretionary while downgrading healthcare.
As inflation bites and confidence wanes, can consumer discretionary stocks truly lead the market's next leg up?
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