S&P Will Rocket 17% Higher Amid Surging Risk Appetite, Buybacks

• Deutsche Bank sees the S&P 500 reaching 7,000 by the end of next year.
• Rising risk appetite and stock buybacks will support double-digit gains, the bank said.
• S&P 500 earnings growth should rise by 11.6% in 2025, outpacing this year’s EPS rate.

Even if the S&P 500 doesn’t repeat this year’s stellar run in 2025, the benchmark index will score attractive double-digit returns, Deutsche Bank said.

In a Monday note, analysts projected that the S&P will reach 7,000 by the end of next year, indicating around 17% upside f