McKesson Stock Forecast

Stock Price Forecast

The 13 analysts with 12-month price forecasts for McKesson stock have an average target of 604, with a low estimate of 505 and a high estimate of 670. The average target predicts an increase of 26.08% from the current stock price of 479.06.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$505	$604	$630	$670
Change	+5.41%	+26.08%	+31.51%	+39.86%

Analyst Ratings

The average analyst rating for McKesson stock from 13 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Apr '24	May '24	Jun '24	Jul '24	Aug '24	Sep '24
Strong Buy	3	5	6	6	6	5
Buy	8	8	6	6	5	5
Hold	2	2	2	2	2	3
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	13	15	14	14	13	13

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
George Hill Deutsche Bank	Deutsche Bank	Strong Buy Maintains $623 → $579	Strong Buy	Maintains	$623 → $579	+20.86%	Sep 25, 2024
Eric Coldwell Baird	Baird	Buy → Hold Downgrades $603 → $531	Buy → Hold	Downgrades	$603 → $531	+10.84%	Sep 24, 2024
Stephen Baxter Wells Fargo	Wells Fargo	Hold Maintains $576 → $535	Hold	Maintains	$576 → $535	+11.68%	Sep 13, 2024
Daniel Grosslight Citigroup	Citigroup	Strong Buy Maintains $670 → $630	Strong Buy	Maintains	$670 → $630	+31.51%	Sep 10, 2024
Michael Cherny Leerink Partners	Leerink Partners	Buy Maintains $670 → $665	Buy	Maintains	$670 → $665	+38.81%	Sep 5, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

355.64B

from 308.95B

15.11%

from 308.95B

Revenue Next Year

386.11B

from 355.64B

8.57%

from 355.64B

EPS This Year

32.53

from 22.39

45.28%

from 22.39

EPS Next Year

36.14

from 32.53

11.11%

from 32.53

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Mar 31, 2020	Mar 31, 2021	Mar 31, 2022	Mar 31, 2023	Mar 31, 2024	Mar 31, 2025	Mar 31, 2026	Mar 31, 2027
Revenue	231.05B	238.23B	263.97B	276.71B	308.95B	355.64B	386.11B	415.85B
Revenue Growth	7.81%	3.11%	10.80%	4.83%	11.65%	15.11%	8.57%	7.70%
EPS	4.96	-28.27	7.23	25.03	22.39	32.53	36.14	41.66
EPS Growth	2,761.92%	-	-	246.30%	-10.54%	45.28%	11.11%	15.26%
Forward PE	-	-	-	-	-	14.73	13.25	11.50
No. Analysts	-	-	-	-	-	21	19	13

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2024	2025	2026
High	374.1B	416.0B	447.4B
Avg	355.6B	386.1B	415.8B
Low	341.1B	358.1B	386.7B

Revenue Growth

Revenue Growth	2024	2025	2026
High	21.1%	17.0%	15.9%
Avg	15.1%	8.6%	7.7%
Low	10.4%	0.7%	0.1%

EPS Forecast

EPS	2024	2025	2026
High	34.25	38.60	50.83
Avg	32.53	36.14	41.66
Low	31.31	34.17	37.77

EPS Growth

EPS Growth	2024	2025	2026
High	53.0%	18.7%	40.6%
Avg	45.3%	11.1%	15.3%
Low	39.8%	5.1%	4.5%

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.