Wall Street Strategist Christopher Harvey

WELLS FARGO

Christopher Harvey

Head of Equity Strategy · Coverage 2015–2025 · Left the firm August 2025

Wells Fargo Head of Equity Strategy:
Christopher Harvey 2015–2025

Ohsung Kwon 2025–present

AnaChart's record of Christopher Harvey's S&P 500 year-end price targets at Wells Fargo covers 19 published targets and revisions across 11 closed forecast years. His final-year hit rate within ±3% of the actual close is 27% — 3 of 11 years. Closest call: 2024, target 5,830 vs. actual 5,882. Largest miss: 2019, target 2,665 vs. actual 3,231.

Harvey ran Wells Fargo's equity strategy desk for more than a decade before leaving the firm in August 2025. His record improved sharply toward the end of his tenure. The 2024 call was his closest, a 5,830 target finishing just 0.9% below the actual close after three revisions through the year. His 2025 target of 7,007, set in December 2024, was the highest year-end call on Wall Street at the time and turned out to be a hit, landing within 2.4% of a 6,846 close. The early years were rougher, with a 2,665 call for 2019 left far behind a 3,231 finish. Every revision is plotted on the chart below.

Final Target
7,007
For 2025 · December 2024

Career Span
11 yrs
2015–2025 · Departed

Final-Year Hit Rate
3 / 11
27% within ±3%

Forecasts Tracked
19
2015–2025

Avg Revision Cycle
~28
weeks between calls

S&P 500 Year-End Targets — Full History

AnaChartanachart.com

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Gray line: S&P 500 end-of-day closing price. Blue line: Christopher Harvey's published S&P 500 price targets, each plotted at issuance date. Both lines end at retirement.

Year-by-Year Forecast Performance

Year Final Target Year-End Actual % Off Result
2025 7,007 6,846 +2.4% Hit
2024 5,830 5,882 −0.9% Hit
2023 4,420 4,770 −7.3% Miss
2022 4,500 3,840 +17.2% Miss
2021 4,825 4,766 +1.2% Hit
2020 3,388 3,756 −9.8% Miss
2019 2,665 3,231 −17.5% Miss
2018 2,863 2,507 +14.2% Miss
2017 2,350 2,674 −12.1% Miss
2016 2,100 2,239 −6.2% Miss
2015 2,150 2,044 +5.2% Miss

Final-year accuracy uses the last published forecast before each December 31 close. Year-end actuals are S&P 500 closing prices. "Hit" = within ±3% of the actual year-end value. Historical data sourced from publicly reported forecasts and revisions.

Frequently Asked Questions

Is Christopher Harvey still Wells Fargo's Head of Equity Strategy?

No. Harvey left Wells Fargo Securities in August 2025 after more than a decade running the firm's equity strategy desk. Ohsung Kwon, who joined Wells Fargo in May 2025, succeeded him as Head of Equity Strategy and now sets the firm's S&P 500 year-end target.

What was Christopher Harvey's final S&P 500 target?

Harvey's last AnaChart-tracked target as Wells Fargo strategist was 7,007 for year-end 2025, set in December 2024. It was the most bullish call on Wall Street at the time and finished within 2.4% of the actual close. The 7,450 target for 2026 attributed to Wells Fargo is from the firm's outlook published after his departure.

How accurate were Christopher Harvey's S&P 500 forecasts?

His final target for the year landed within ±3% of the actual close in 3 of his 11 closed forecast years, a 27% hit rate. His record was strongest at the end of his tenure, with hits in 2021, 2024, and 2025. The year-by-year table above shows every call.

How often did Christopher Harvey revise his S&P 500 target?

About once every 28 weeks on average. Calm years saw a single call; busier years such as 2023 saw multiple revisions. Each point on the chart marks one revision.

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