Wall Street Strategist Barry Bannister
Barry Bannister
Chief Equity Strategist · Coverage since 2013
AnaChart's record of Barry Bannister's S&P 500 year-end price targets at Stifel covers 19 published targets and revisions across 12 closed forecast years. His final-year hit rate within ±3% of the actual close is 0% — 0 of 12 years. Closest call: 2018, target 2,600 vs. actual 2,507. Largest miss: 2024, target 3,800 vs. actual 5,882.
Bannister is the most consistently cautious strategist in this group, and his record shows a desk that has spent most of its history below the market. His 2024 call was the widest miss AnaChart tracks for him, a 3,800 target left far behind a 5,882 close. The 2025 call was similar, a 5,500 target nearly 20% under the actual finish. His closest result came in 2018, when a 2,600 target finished 3.7% above a 2,507 close, just outside the hit threshold. His 2026 target of 6,350 is the lowest among the strategists in this group and implies a decline from current levels. Every revision is plotted on the chart below.
S&P 500 Year-End Targets — Full History
Gray line: S&P 500 end-of-day closing price. Blue line: Barry Bannister's published S&P 500 price targets, each plotted at issuance date.
Year-by-Year Forecast Performance
| Year | Final Target | Year-End Actual | % Off | Result |
|---|---|---|---|---|
| 2026 | 6,350 | Open | — | Open |
| 2025 | 5,500 | 6,846 | −19.7% | Miss |
| 2024 | 3,800 | 5,882 | −35.4% | Miss |
| 2023 | 4,400 | 4,770 | −7.8% | Miss |
| 2022 | 4,200 | 3,840 | +9.4% | Miss |
| 2021 | 3,750 | 4,766 | −21.3% | Miss |
| 2020 | 3,250 | 3,756 | −13.5% | Miss |
| 2019 | 2,725 | 3,231 | −15.7% | Miss |
| 2018 | 2,600 | 2,507 | +3.7% | Miss |
| 2017 | 2,500 | 2,674 | −6.5% | Miss |
| 2016 | 2,100 | 2,239 | −6.2% | Miss |
| 2014 | 1,850 | 2,059 | −10.2% | Miss |
| 2013 | 1,600 | 1,848 | −13.4% | Miss |
Show 9 more years (2013–2022) Free account · no credit card
Frequently Asked Questions
What is Barry Bannister's S&P 500 target for 2026?
Bannister set Stifel's year-end 2026 S&P 500 target of 6,350 on December 3, 2025. It is one of the most cautious calls on Wall Street and implies roughly 14% downside from the index level near 7,392 in May 2026.
How accurate are Barry Bannister's S&P 500 forecasts?
His final target for the year has not landed within ±3% of the actual close in any of his 12 closed forecast years, a 0% hit rate. As a structurally cautious strategist he has most often undershot strong rallies. His closest result was 2018, finishing 3.7% above the close, just outside the hit threshold. The year-by-year table above shows every call.
How often does Barry Bannister revise his S&P 500 target?
About once every 36 weeks on average. Calm years see a single call; turning-point years such as 2020 saw three separate revisions. Each point on the chart marks one revision.
Who is Barry Bannister?
Barry Bannister is Chief Equity Strategist at Stifel, where he sets the firm's S&P 500 year-end target and is a regular financial-media commentator. AnaChart has tracked his forecasts since 2013.