Actually, not too bad. Most were too conservative. A couple were too exuberant. Some bounced from one extreme to the other. Bottom line: don't pay too much attention to predictions. While we didn't have an ongoing Black Swan event in 2025, there's always that possibility. With the economic statistics turned out by the Federal Govt becoming politicized, we need to be extra cautious moving forward.
For your reading pleasure, predictions for the end of 2025 from a year ago.
Kiplinger January 2025 magazine Predictions
S&P500 between 6300 and 6600 \[6846\]
GDP increase of 2.3% \[TBD, \~2.0%\]
Inflation 2.4% \[2.7%\]
12/31/2024 S&P 500 = 5882
12/31/2025 S&P 500 = 6846
# S&P 500 forecasts for end of 2025
Bank of America 6666; July 6300
Barclays 6600; July 6050
BMO Capital Markets 6700
Citi 6500; July 6300
Deutsche Bank 7000; 6150; 6550 June
Evercorse ISI 6800; July 5600
Fundstrat 6600
Goldman Sachs 6500; March 6200; July 6600
HSBC 6700; July 5600
JP Morgan 6500; July 6000
Morgan Stanley 6500
Oppenheimer 7100; July 5950; July 7100
RBC Capital Markets 6600; March 6200; July 6250
Stifel 5500
UBS 6400
Wells Fargo 7007
Yardeni Research 7000; March 6400; July 6500