J.P. Morgan raises S&P 500 year-end target to 8,000 on AI and earnings optimism

J.P. Morgan raises S&P 500 year-end target to 8,000 on AI and earnings optimism

J.P. Morgan raised S&P 500 year-end target to 8,000 on AI-driven revenue and stronger earnings; revised 2026 EPS to $365. Cloud backlogs converting to recognized revenue validates AI capex ROI—critical signal for CTO infrastructure budget decisions.