McKesson Corporation (MCK)
NYSE: MCK · Real-Time Price · USD
615.72
+0.12 (0.02%)
Nov 19, 2024, 3:54 PM EST - Market open
McKesson Stock Forecast
Stock Price Forecast
The 13 analysts with 12-month price forecasts for McKesson stock have an average target of 623.62, with a low estimate of 505 and a high estimate of 713. The average target predicts an increase of 1.28% from the current stock price of 615.72.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for McKesson stock from 13 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 6 | 6 | 6 | 5 | 5 | 5 |
| Buy | 6 | 6 | 5 | 5 | 5 | 6 |
| Hold | 2 | 2 | 2 | 3 | 3 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 14 | 14 | 13 | 13 | 13 | 13 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Citigroup | Citigroup | Strong Buy Maintains $630 → $713 | Strong Buy | Maintains | $630 → $713 | +15.80% | Nov 13, 2024 |
| Evercore ISI Group | Evercore ISI Group | Buy Maintains $560 → $680 | Buy | Maintains | $560 → $680 | +10.44% | Nov 7, 2024 |
| Baird | Baird | Hold → Buy Upgrades $531 → $688 | Hold → Buy | Upgrades | $531 → $688 | +11.74% | Nov 7, 2024 |
| Leerink Partners | Leerink Partners | Buy Maintains $665 → $630 | Buy | Maintains | $665 → $630 | +2.32% | Oct 7, 2024 |
| Deutsche Bank | Deutsche Bank | Strong Buy Maintains $623 → $579 | Strong Buy | Maintains | $623 → $579 | -5.96% | Sep 25, 2024 |
Financial Forecast
Revenue This Year
361.68B
from 308.95B
Increased by 17.07%
Revenue Next Year
392.94B
from 361.68B
Increased by 8.64%
EPS This Year
32.75
from 22.39
Increased by 46.28%
EPS Next Year
36.61
from 32.75
Increased by 11.78%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 399.6B | 434.7B | 460.5B | ||
| Avg | 361.7B | 392.9B | 420.1B | ||
| Low | 342.6B | 371.2B | 395.2B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 29.3% | 20.2% | 17.2% | ||
| Avg | 17.1% | 8.6% | 6.9% | ||
| Low | 10.9% | 2.6% | 0.6% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 34.55 | 39.78 | 46.61 | ||
| Avg | 32.75 | 36.61 | 41.01 | ||
| Low | 31.19 | 34.15 | 37.61 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 54.3% | 21.5% | 27.3% | ||
| Avg | 46.3% | 11.8% | 12.0% | ||
| Low | 39.3% | 4.3% | 2.7% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.