As of March 5, 2025, Wall Street strategists are divided on the future of the S&P 500. While many predict further gains following a 23% advance in 2024, BCA Research’s chief global strategist Peter Berezin stands out as a bear, forecasting a drop to 4,450 for the index, significantly below the average target of 6,500 set by his peers.
- Last updated on March 5, 2025
- First published on March 5, 2025
- Wall Street expected further gains in 2025
- S&P 500 gained 23% last year
- Peter Berezin has a bearish outlook
- BCA Research's target is 4,450 for S&P 500
Berezin’s cautious outlook contrasts sharply with more optimistic projections, including Oppenheimer’s target of 7,100. His predictions reflect a more conservative approach amid a generally bullish sentiment on Wall Street.
Heading into 2025, the S&P 500 experienced a significant advance of 23% in the previous year. This growth has led many Wall Street analysts to anticipate continued gains. However, Berezin’s forecast of 4,450 suggests a potential decline, highlighting a more pessimistic view compared to the broader market consensus.
Key points regarding the current market outlook include:
- 2024 S&P 500 gain: 23%
- Average target for 2025: 6,500
- Berezin’s target: 4,450
- Oppenheimer’s target: 7,100
Investors are advised to consider Berezin’s insights carefully, as his predictions may indicate underlying risks not fully accounted for by the majority of analysts. His stance reflects concerns about market sustainability and potential economic headwinds that could impact performance.
In summary, while the majority of Wall Street anticipates further growth for the S&P 500 in 2025, Berezin’s bearish forecast serves as a cautionary note for investors. His target of 4,450 raises important considerations about market dynamics and economic conditions that could influence stock performance.