Goldman Sachs Sees S&P 500 at 8000 Year-End: 5 of Its Top Picks Pay Big Passive Income Dividends

Goldman Sachs raised its year-end S&P 500 target to 8000 (from 7600), forecasting a roughly 6% gain driven by continued earnings growth and AI-infrastructure beneficiaries. The firm lifted S&P 500 EPS estimates to $340 (+24% y/y) for 2026 and $385 (+13%) for 2027, signaling a bullish institutional outlook for equities. 24/7 Wall St. highlights five high-yield Conviction List stocks (Ares, Brixmor, Citizens Financial, Duke Energy, Kontoor) as dividend-income ideas, noting their 2.8–3.9% yields and Goldman price targets that imply mid- to high-teens upside for several names. Overall, the story reinforces a constructive macro/earnings backdrop for U.S. stocks while pointing investors to income-oriented equity picks.