Wall Street Strategist Savita Subramanian
Savita Subramanian
Head of US Equity & Quantitative Strategy · Coverage since 2012
AnaChart's record of Savita Subramanian's S&P 500 year-end price targets at Bank of America covers 29 published targets and revisions across 14 closed forecast years. Her final-year hit rate within ±3% of the actual close is 7% — 1 of 14 years. Closest call: 2014, target 2,000 vs. actual 2,059. Largest miss: 2017, target 2,300 vs. actual 2,674.
Subramanian's record is defined by caution. In 12 of her 14 closed forecast years the S&P 500 finished above her final target, a pattern that held through the entire 2021 to 2025 bull market. Her sharpest revisions came in 2020, when she cut from 3,300 to 3,100 in March and 2,600 at the April low before rebuilding to 3,250 by July. Her 2026 target of 7,100 is the most conservative among the strategists in this group and sits slightly below the index level of May 2026. 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: Savita Subramanian'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 | 7,100 | Open | — | Open |
| 2025 | 6,300 | 6,846 | −8.0% | Miss |
| 2024 | 5,600 | 5,882 | −4.8% | Miss |
| 2023 | 4,600 | 4,770 | −3.6% | Miss |
| 2022 | 3,600 | 3,840 | −6.2% | Miss |
| 2021 | 4,600 | 4,766 | −3.5% | Miss |
| 2020 | 3,250 | 3,756 | −13.5% | Miss |
| 2019 | 2,900 | 3,231 | −10.2% | Miss |
| 2018 | 2,800 | 2,507 | +11.7% | Miss |
| 2017 | 2,300 | 2,674 | −14.0% | Miss |
| 2016 | 2,000 | 2,239 | −10.7% | Miss |
| 2015 | 2,200 | 2,044 | +7.6% | Miss |
| 2014 | 2,000 | 2,059 | −2.9% | Hit |
| 2013 | 1,600 | 1,848 | −13.4% | Miss |
| 2012 | 1,350 | 1,426 | −5.3% | Miss |
Show 12 more years (2012–2023) Free account · no credit card
Frequently Asked Questions
What is Savita Subramanian's S&P 500 target for 2026?
Subramanian set a year-end 2026 S&P 500 target of 7,100 on December 15, 2025. It is the most conservative call among the strategists AnaChart tracks in this group and sits about 4% below the index level near 7,392 in May 2026.
How accurate are Savita Subramanian's S&P 500 forecasts?
Her final target has landed within ±3% of the actual close in just 1 of 14 closed forecast years, a 7% hit rate. The misses are directional: the index finished above her final target in 12 of those 14 years, so her calls have tended to trail a rising market rather than overshoot it.
How often does Savita Subramanian revise her S&P 500 target?
About once every 26 weeks on average. The 2020 pandemic year was her most active, with four revisions as the market crashed and rebounded.
Who is Savita Subramanian?
Savita Subramanian is Head of US Equity and Quantitative Strategy at Bank of America, where she sets the firm's S&P 500 year-end target and earnings outlook. AnaChart has tracked her forecasts since 2012.