After recently closing at a record-high value, where do industry analysts believe the price of the S&P 500 will go from here? Industry analysts in aggregate predict the S&P 500 will see a price increase of 7.5% over the next twelve months.

Given concerns in the market about inflation and tariffs, did analysts lower EPS estimates more than normal for S&P 500 companies for the second quarter? The answer is yes. During the quarter, analysts lowered EPS estimates by a larger margin compared to the three most recent averages. The Q2 bottom-up EPS estimate (which is an aggregation of the median EPS estimates for Q2 for all the companies in the index) decreased by 4.2% (to $62.83 from $65.55) from March 31 to June 30.