Jefferies forecasts 65% IT earnings growth amid AI boom
after close1 source ↓machine-written, see hownot a recommendation
- forecast
- 65% earnings growth
- in Q3 2026
- 30.2% year-on-year earnings growth
- a year earlier
- 16.1%
The latest GREED & Fear report by Jefferies, led by Chris Wood, highlights a 65% earnings growth forecast for the IT sector driven by the AI investment boom. However, it raises concerns about the sustainability of this growth amid rising bond yields and tighter financial conditions. The S&P 500 is projected to see 30.2% year-on-year earnings growth in Q3 2026, up from 16.1% a year earlier.
Not investment advice. For informational purposes only.