Citi sets 2026 S&P 500 target at 7,700, expects AI to remain key theme


Citi Bank logo appears in this illustration taken December 1, 2025. REUTERS/Dado Ruvic/Illustration

Dec 15 (Reuters) - Citigroup has set a year-end target of 7,700 for the S&P 500 index for 2026, pointing to robust corporate earnings and sustained tailwinds from artificial intelligence investments.

The brokerage said in a note on Friday that it expects AI infrastructure build-out to be a key theme in 2026, echoing Wall Street peers, but predicts the focus will shift from companies that enable AI to those that adopt the nascent technology.

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