Citigroup strategists raised earnings forecasts for the full year of S&P 500 constituent stocks and stated that the revenue trends of AI capital expenditure companies “should help support the AI-affected portion of the index.” The team of strategists led by Scott Chronert raised the earnings target of the S&P 500 index by about 4% to $365. They pointed out that the revenue growth rate at the index level has accelerated, while profit margins have been further expanded. The strategist said that the resulting improvement in profit growth “seems more like a situation after the economic recession.” However, the team warned that there is a risk of market concentration because only 20 stocks contributed to the increase in analysts' profit expectations for the year. Most of the incremental strategists kept the S&P 500 index unchanged at the end of the year's target of 8100 points, which means that it is unchanged from the current level There is room for growth of about 5%.

Citigroup strategists raised earnings forecasts for the full year of S&P 500 constituent stocks and stated that the revenue trends of AI capital expenditure companies “should help support the AI-affected portion of the index.” The team of strategists led by Scott Chronert raised the earnings target of the S&P 500 index by about 4% to $365. They pointed out that the revenue growth rate at the index level has accelerated, while profit margins have been further expanded. The strategist said that the resulting improvement in profit growth “seems more like a situation after the economic recession.” However, the team warned that there is a risk of market concentration because only 20 stocks contributed to the increase in analysts' profit expectations for the year. Most of the incremental strategists kept the S&P 500 index unchanged at the end of the year's target of 8100 points, which means that it is unchanged from the current level There is room for growth of about 5%.