Citing economic growth and corporate profitability as main drivers, Goldman Sachs ( GS, Financials) forecasts the S&P 500 will reach 6,500 by the end of 2025. Up from the bank's prior 12-month aim of 6,300, the revised target shows a 10.3% rise from the most recent level of the index.

KEY TAKEAWAYS The S&P 500 could hit 6500 by the end of next year, according to Goldman Sachs and Morgan Stanley, boosted by the U.S. economy's growth and higher corporate earnings.Goldman Sachs chief equity strategist David Kostin sees continued U.

After Morgan Stanley’s (MS) bullish outlook, another financial giant has joined the optimistic chorus for the S&P 500 in 2025. What’s more, it expects the growth of the S&P 500 to occur without relying on the outperformance of the Magnificent Seven,

After Morgan Stanley, Goldman Sachs has reportedly forecast that the S&P 500 would hit 6,500 by the end of 2025, driven by corporate earnings and growth in the U.S. economy. Goldman Sachs also projected that the ‘Magnificent 7’ stocks — Amazon.

Goldman sees the S&P 500 index reaching 6,500 by the end of next year, the same as Morgan Stanley's base case. Read more.

Goldman Sachs sees the S&P 500 gaining 11% over the next year as stock market gains continue to broaden out from a few large tech names.