Wall Street expects weak gains in stocks in 2022 year

The CNBC portal collected analysts' goals for S&P 500 for 2022. In their opinion, next year, the broad market stock index will continue to rise, but not so much, like the last couple of years.

In 2020 and 2021 index S&P 500 added about 16 And 28%. According to consensus forecast, by the end of 2022, the index will rise to 4985 points. It's on 5,5% above the current level of 4726 points.

Like a year ago, one of the most optimistic forecasts was given by Oppenheimer. Experts expect growth of S&P 500 on 12,8%, up to 5330 points: "We believe, that science will continue to successfully fight the coronavirus and its new strains, and the US economy will continue to recover steadily.”.

Goldman Sachs is also positive about the future of the stock market. According to analysts, S&P 500 will grow by 7,9%, up to 5100 points: “Companies will continue to increase profits and margins, despite rising production costs and supply chain issues.”.

Most bearish, like last year, tuned by Morgan Stanley. The bank predicts a fall in S&P 500 on 6,9%, up to 4400 points: "We believe, that there will be a price correction in 2022, which we mistakenly expected in the second half of 2021. Our target P / E equal 18, What's on 15% below current level, but is in line with the five-year average. Correction risk postponed, but not eliminated.

If we compare current forecasts with last year's, it is seen, How the Same Analysts Maintain Their Mood. So, BMO and Oppenheimer still looking for double-digit growth, and Morgan Stanley and Bank of America have near-zero or negative stock returns. The bulls won this year, and what will happen next - we will find out through 12 Months.

Analysts Goals by S&P 500 for 2022 in points

4400

Analysts Goals by S&P 500 for 2021 in points

3950