McDonald's Corporation (MCD)

NYSE: MCD · IEX Real-Time Price · USD
256.90
-3.48 (-1.34%)
Jun 25, 2024, 12:18 PM EDT - Market open
-1.34%
Market Cap 185.40B
Revenue (ttm) 25.76B
Net Income (ttm) 8.60B
Shares Out 721.01M
EPS (ttm) 11.78
PE Ratio 21.96
Forward PE 20.71
Dividend $6.68 (2.60%)
Ex-Dividend Date Jun 3, 2024
Volume 1,689,910
Open 260.13
Previous Close 260.38
Day's Range 255.95 - 260.13
52-Week Range 245.73 - 302.39
Beta 0.71
Analysts Buy
Price Target 314.48 (+22.41%)
Earnings Date Jul 29, 2024

About MCD

McDonald's Corporation operates and franchises restaurants under the McDonald's brand in the United States and internationally. It offers food and beverages, including hamburgers and cheeseburgers, various chicken sandwiches, fries, shakes, desserts, sundaes, cookies, pies, soft drinks, coffee, and other beverages; and full or limited breakfast, as well as sells various other products during limited-time promotions. The company owns and operates under various structures comprising conventional franchise, developmental license, or affiliate. McD... [Read more]

Industry Restaurants
Founded 1940
Employees 150,000
Stock Exchange NYSE
Ticker Symbol MCD
Full Company Profile

Financial Performance

In 2023, McDonald's's revenue was $25.49 billion, an increase of 9.97% compared to the previous year's $23.18 billion. Earnings were $8.47 billion, an increase of 37.09%.

Financial Statements

Analyst Forecast

According to 29 analysts, the average rating for MCD stock is "Buy." The 12-month stock price forecast is $314.48, which is an increase of 22.41% from the latest price.

Price Target
$314.48
(22.41% upside)
Analyst Consensus: Buy
Stock Forecasts

News

McDonald's has a value perception problem, says Evercore's David Palmer

David Palmer, Evercore ISI analyst, joins 'Squawk on the Street' to discuss McDonald's as the company rolls out a $5 value meal from today, the state of the fast food industry, and more.

52 minutes ago - CNBC Television

Value meals are a 'positive shift' for McDonald's to attract customers, says Jefferies' Andy Barish

Andy Barish, Jefferies equity analyst, joins CNBC's 'Squawk Box' to discuss McDonald's and other fast food chains launching value meals, potential impact in driving business, and more.

3 hours ago - CNBC Television

Wedbush: McDonald's $5 value meal will increase customer traffic

Nick Setyan, Managing Director at Wedbush, discusses McDonald's $5 value meal and pricing pressures across the fast food restaurant space.

5 hours ago - CNBC Television

260 McNuggets? McDonald's Ends A.I. Drive-Through Tests Amid Errors

Ordering mistakes frustrated customers during nearly three years of tests. But competitors like White Castle and Wendy's say their A.I.

4 days ago - NYTimes

McDonald's to Offer $5 Meal Deal as Consumers Seek Value

McDonald's is preparing to roll out a $5 Meal Deal and other value-oriented offers. The $5 Meal Deal will launch June 25 and will be offered at participating McDonald's restaurants for a limited time,...

4 days ago - PYMNTS

McDonald's to launch $5 meal deal next week to counter inflation

McDonald's will roll out its $5 meal deal from June 25 for a limited time at some restaurants across the U.S., the burger giant said on Thursday, as fast-food chains ramp up cost-friendly options to b...

4 days ago - Fast Company

McDonald's $5 meal deal to launch next week as fast-food chains woo frugal customers

McDonald's will roll out its $5 meal deal from June 25 for a limited time at some restaurants across the U.S., the burger giant said on Thursday, as fast-food chains ramp up cost-friendly options to b...

5 days ago - Reuters

McDonald's to end AI drive-through amid increasing order errors

McDonald's has decided to discontinue its trial of an artificial intelligence (AI)-assisted ordering system at select drive-through restaurants. The decision comes after videos of numerous order error...

6 days ago - Invezz

McDonald's is pulling the plug on its AI-powered drive-thrus

McDonald's is ending its test run of AI powered drive-thru's after several mishaps.

6 days ago - The Street

McDonald's ends AI drive-thru trial after mishaps - including ice cream with bacon

McDonald's is ending its AI drive-thru trial after customers reported errors in their orders - including bacon being added to ice cream.

6 days ago - Skynews

Bacon ice cream, a handful of butter: McDonald's scraps AI drive-thru orders after hilarious glitches

McDonald's is ditching its AI ordering system after too many customers wound up with hilarious, wonky orders from the artificial intelligence tech.

6 days ago - Fast Company

McDonald's will end AI drive-through partnership with IBM

McDonald's (MCD) will put an end to its AI drive-thru partnership with IBM (IBM) in late July as many customer complaints over botched orders began to mount. The fast-food chain does have plans to con...

Other symbols: IBM
7 days ago - Yahoo Finance

McDonald's is ending its test run of AI-powered drive-thrus with IBM

Ever get your McDonald's order mixed up at an AI-powered drive-thru? The experiment behind the fast food giant's current automated order taker will soon be coming to a close.

Other symbols: IBM
7 days ago - TechXplore

McDonald's to end two-year drive-through AI experiment after mishaps at restaurants using the technology

McDonald's is ending a two-year experiment, conducted with IBM Corp., for drive-through, automated order taking, or AOT, and will remove the technology, following some mishaps at the more than 100 res...

7 days ago - Market Watch

McDonald's ends AI drive-thru trial as fast food industry tests automation

Companies have touted AI as future of the industry, but technology has also resulted in viral videos of wrong orders

7 days ago - The Guardian

McDonald's to end AI drive-thru test with IBM

McDonald's is ending a test run of AI drive-thru with IBM in more than 100 restaurants. The technology will be shut off no later than July 26, according to a memo sent to franchisees late last week, o...

Other symbols: IBM
7 days ago - CNBC

McDonald's Stops Drive-Thru AI Chatbot Tests for Now as Voice Economy Grows

After two years of testing, McDonald's has ended its partnership with IBM to develop an artificial intelligence (AI)-powered drive-thru system. The collaboration, which aimed to change the fast-food o...

7 days ago - PYMNTS

McDonald's to end AI drive-thru experiment after errant orders — including one that added bacon to ice cream

Angry customers reported glitches with the new technology -- including one who says the machine added nine sweet teas to her order.

8 days ago - New York Post

McDonalds is removing its AI drive-thru voice ordering system from over 100 restaurants after its mishaps went viral

McDonald's is removing its Automated Order Taker technology from over 100 restaurants. The food chain collaborated with IBM in 2021 to develop and deploy the AI software.

8 days ago - Business Insider

This McDonald's Analyst Begins Coverage With $288 Forecast; Here Are Top 5 Initiations For Thursday

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades, downgrades and initiations, please see our analyst ratings pag...

12 days ago - Benzinga

Krispy Kreme's stock soars after Truist upgrades it to buy on high hopes for McDonald's deal

Krispy Kreme Inc.'s stock soared 5% early Monday, after Truist upgraded the stock to buy and said it's time to “indulge in an underappreciated story.”

Other symbols: DNUT
15 days ago - Market Watch

McDonald's loses Big Mac trademark case

McDonald's has lost the EU trademark for use of the term "Big Mac" in relation to chicken sandwiches.

19 days ago - Skynews

McDonald's just lost its chicken Big Mac trademark following a European court ruling

McDonald's lost its chicken Big Mac trademark rights in the EU on Wednesday. The trading bloc's General Court ruled in favor of Supermac's, an Irish fast-food chain.

20 days ago - Business Insider

McDonald's loses ‘Chicken Big Mac' trademark in battle with Irish fast-food chain

A court in Luxembourg ruled that McDonald's hasn't used the "Big Mac" name for its chicken sandwiches for five consecutive years.

20 days ago - New York Post

McDonald's Loses Big Mac Trademark Over Chicken in Europe

McDonald's no longer has the exclusive right to call chicken sandwiches sold in the European Union a ‘Big Mac,' an EU court ruled.

20 days ago - WSJ