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Tom Lee: S&P 500 at or above 8,000 on Dec 31, 2026

As of September 29, 2026, Tom Lee's prediction that S&P 500 would be at or above 8,000 on December 31, 2026 is open. Tom Lee made the call on CNBC on June 24, 2026, when S&P 500 was at 7,365. The target calls for an 8.6% rise in six months.

Updated

What was said

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Tom Lee

Head of Research, Fundstrat Global Advisors; Chairman, Bitmine Immersion Technologies

CNBC, Jun 24, 2026SourceArchive

8 predictions · 2 hit · 4 missed · 2 open

We are giving a mid-year update and raising our year-end target for S & P 500 to 8,000 from 7,700.

Lee said the higher target was mainly due to higher earnings-per-share estimates for 2027, while Fundstrat applied a lower target P/E. He cautioned that the path to the target was unlikely to be smooth.

How we checked this

OpenDeadline

Price when said
7,365 closeprice data
Target
8,000+8.6%

The close of the last trading day on or before Dec 31, 2026 decides: the prediction comes true if that close is at or above 8,000. Prices are daily closes, not intraday highs.

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