Wall Street Strategist Nicholas Colas
DATATREK RESEARCH
Nicholas Colas
Co-Founder · Coverage since 2022
AnaChart's record of Nicholas Colas's S&P 500 year-end price targets at DataTrek Research covers 5 published targets and revisions across 4 closed forecast years. His final-year hit rate within ±3% of the actual close is 0% — 0 of 4 years. Closest call: 2025, target 6,100 vs. actual 6,846. Largest miss: 2022, target 5,000 vs. actual 3,840.
Colas co-founded DataTrek Research and is known for data-driven market notes rather than a headline index target, and his year-end calls reflect that restraint. His 5,000 target for 2022 overshot a bear-market close by 30%, his only year above the index. The next three calls all trailed a rising market: 4,200 for 2023, 5,000 for 2024, and 6,100 for 2025. His 7,000 target for 2026 implies a small decline from current levels. Every call 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: Nicholas Colas'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 | 7,000 | Open | — | Open |
| 2025 | 6,100 | 6,846 | −10.9% | Miss |
| 2024 | 5,000 | 5,882 | −15.0% | Miss |
| 2023 | 4,200 | 4,770 | −11.9% | Miss |
| 2022 | 5,000 | 3,840 | +30.2% | Miss |
Show 1 more years (2022) Free account · no credit card
Frequently Asked Questions
What is Nicholas Colas's S&P 500 target for 2026?
Colas set a year-end 2026 S&P 500 target of 7,000 on November 17, 2025. It implies roughly 5.3% downside from the index level near 7,392 in May 2026.
How accurate are Nicholas Colas's S&P 500 forecasts?
Across 4 closed forecast years his final target has not landed within ±3% of the actual year-end close, a 0% hit rate. He overshot the 2022 bear market and undershot the three rallies that followed. The year-by-year table above shows every call.
How often does Nicholas Colas revise his S&P 500 target?
About once a year. AnaChart records one year-end call per forecast year for Colas, set around the late-year outlook cycle and generally held through the following year.
Who is Nicholas Colas?
Nicholas Colas is co-founder of DataTrek Research, an independent research firm known for daily data-driven market analysis. AnaChart has tracked his S&P 500 year-end targets since 2022.