Wall Street Strategist Jonathan Golub
SEAPORT RESEARCH PARTNERS
Jonathan Golub
Chief US Market Strategist · Coverage since 2010
AnaChart's record of Jonathan Golub's S&P 500 year-end price targets at Seaport Research Partners covers 36 published targets and revisions across 15 closed forecast years. His final-year hit rate within ±3% of the actual close is 47% — 7 of 15 years. Closest call: 2022, target 3,850 vs. actual 3,840. Largest miss: 2013, target 1,425 vs. actual 1,848.
Golub spent recent years as Chief US Equity Strategist at Credit Suisse and then UBS, and in February 2025 he moved to Seaport Research Partners, where he now publishes his S&P 500 view. His recent accuracy stands out: the final target landed within 3% of the close in each of the last four completed years, 2022 through 2025. The 2022 sequence shows the discipline behind it. He opened the year at 5,200, cut to 4,900 in May, 4,300 in July, and 3,850 in October as the Federal Reserve raised rates. The 2019 and 2021 years each took four separate revisions to settle. Every move 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: Jonathan Golub'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 | 7,800 | Open | — | Open |
| 2025 | 7,000 | 6,846 | +2.3% | Hit |
| 2024 | 5,850 | 5,882 | −0.5% | Hit |
| 2023 | 4,700 | 4,770 | −1.5% | Hit |
| 2022 | 3,850 | 3,840 | +0.3% | Hit |
| 2021 | 4,600 | 4,766 | −3.5% | Miss |
| 2020 | 3,425 | 3,756 | −8.8% | Miss |
| 2019 | 3,000 | 3,231 | −7.1% | Miss |
| 2018 | 2,875 | 2,507 | +14.7% | Miss |
| 2017 | 2,600 | 2,674 | −2.8% | Hit |
| 2016 | 2,300 | 2,239 | +2.7% | Hit |
| 2015 | 2,100 | 2,044 | +2.7% | Hit |
| 2014 | 1,950 | 2,059 | −5.3% | Miss |
| 2013 | 1,425 | 1,848 | −22.9% | Miss |
| 2012 | 1,325 | 1,426 | −7.1% | Miss |
| 2010 | 1,150 | 1,258 | −8.6% | Miss |
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Frequently Asked Questions
What is Jonathan Golub's S&P 500 target for 2026?
Golub's year-end 2026 S&P 500 target is 7,800, set on January 16, 2026. It implies roughly 5.5% upside from the index level near 7,392 in May 2026.
How accurate are Jonathan Golub's S&P 500 forecasts?
His final target has landed within ±3% of the actual close in 7 of 15 closed forecast years, a 47% hit rate and one of the strongest records among the strategists AnaChart tracks. The result is concentrated recently: each of the last four completed years, 2022 through 2025, finished within 3% of his call.
Is Jonathan Golub still at UBS?
No. Golub was Chief US Equity Strategist at UBS until February 2025, when he moved to Seaport Research Partners as Chief US Market Strategist. His 2026 S&P 500 target is now published under Seaport. Earlier in his career he held the chief strategist role at Credit Suisse.
How often does Jonathan Golub revise his S&P 500 target?
About once every 24 weeks on average, the most active cadence in this group. Volatile years such as 2019, 2021, and 2022 each drew four separate revisions.
How long has AnaChart tracked Jonathan Golub?
AnaChart's record of Golub's S&P 500 year-end targets begins in 2010 and covers 36 published targets and revisions across 15 closed forecast years.