Wells Fargo's 7,500 2026 S&P 500 Target and U.S. Equity Preference Analysis

This analysis is based on two CNBC interviews featuring Scott Wren, chief global equity strategist at Wells Fargo Investment Institute. On December 22, 2025, Wren emphasized the firm’s preference for U.S. large-cap and mid-cap stocks over international equities [1]. A related December 19, 2025 interview revealed Wells Fargo’s bullish 2026 year-end S&P 500 target of 7,500, reinforcing the firm’s positive outlook on U.S. equities [2]. These views are contextualized with market data and analytical frameworks from the Ginlix Analytical Database [0]. The alignment between the 2026 target and the U.S. equity bias indicates a consistent strategic positioning by Wells Fargo amid ongoing market dynamics.

1. Bullish U.S. Equity Outlook
   : The 7,500 S&P 500 target for 2026 reflects strong confidence in the performance of U.S. large-cap equities, contrasting with a cautious stance on international markets [2].
2. Focus on Large/Mid-Caps
   : Wren’s explicit preference for U.S. large-cap and mid-cap stocks highlights the firm’s focus on established domestic companies, potentially driven by expectations of their resilience and growth opportunities [1].
3. Timely Strategic Communication
   : The interviews, conducted in late 2025, provide early guidance for investors considering 2026 market positions, indicating Wells Fargo’s proactive approach to sharing strategic views [1][2].

• Risks
  : The 7,500 target assumes favorable market conditions, including potential Fed rate cuts and stable economic growth. If these conditions do not materialize, the target may be difficult to achieve [0]. Additionally, the underweight on international equities could result in missed opportunities if non-U.S. markets outperform unexpectedly.
• Opportunities
  : For investors aligned with Wells Fargo’s outlook, the focus on U.S. large/mid-caps may present opportunities to capitalize on projected domestic equity growth. The clear 2026 target also provides a benchmark for evaluating market progress.

• Scott Wren (Wells Fargo Investment Institute) expressed a preference for U.S. large-cap/mid-cap stocks over international equities in a Dec 22, 2025 CNBC interview [1].
• A related Dec 19, 2025 interview outlined Wells Fargo’s bullish 2026 year-end S&P 500 target of 7,500 [2].
• The analysis is supported by market data from the Ginlix Analytical Database [0].