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Ed Yardeni: S&P 500 at or above 6,500 on Dec 31, 2025

Ed Yardeni's prediction that S&P 500 would be at or above 6,500 on December 31, 2025 came true. The close on the deadline decided this call: S&P 500 closed at 6,846 on December 31, 2025, the deadline. Ed Yardeni made the call on CNBC on May 13, 2025, when S&P 500 was at 5,844. The target needed an 11% rise in eight months.

Updated

What was said

Photo of Ed Yardeni
Ed Yardeni

President and Chief Investment Strategist, Yardeni Research

CNBC, May 13, 2025SourceArchive

9 predictions · 6 hit · 1 missed · 2 open

Photo: Soar Financially, CC BY 3.0

The president of Yardeni Research raised his year-end target for the S & P 500 back up to 6,500 from 6,000.

Yardeni raised the target after the U.S. and China reached a temporary trade truce and the S&P 500 rallied, noting the index was only 5.9% below its Feb. 19 record and above its 50-day and 200-day moving averages. He said the rally made the negative wealth effect on consumers from the tariff turmoil probably insignificant. He also pointed to rising customs duties boosting federal tax receipts, signs of consumer strength and ongoing capital spending.

How we checked this

HitDeadline

Price when said
5,844 closeprice data
Target
6,500+11%
Close on the deadline
6,846price data

The close of the last trading day on or before Dec 31, 2025 decides: the prediction comes true if that close is at or above 6,500. Prices are daily closes, not intraday highs.

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