McDonald's Corporation (MCD)

McDonald's Stock Forecast

Stock Price Forecast

The 29 analysts that cover McDonald's stock have a consensus rating of "Buy" and an average price target of $344.17, which forecasts a 21.59% increase in the stock price over the next year. The lowest target is $305 and the highest is $385.

Price Target: $344.17 (+21.59%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$305	$344.17	$345	$385
Change	+7.75%	+21.59%	+21.89%	+36.02%

Analyst Ratings

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

Recommendation Trends

Rating	Nov '25	Dec '25	Jan '26	Feb '26	Mar '26	Apr '26
Strong Buy	3	3	3	7	8	8
Buy	6	6	7	7	8	9
Hold	14	14	14	11	11	12
Sell	0	0	0	0	0	0
Strong Sell	1	1	1	1	1	0
Total	24	24	25	26	28	29

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Peter Saleh BTIG	BTIG	Strong Buy Reiterates $370	Strong Buy	Reiterates	$370	+30.72%	Apr 28, 2026
Chris Luyckx Rothschild & Co	Rothschild & Co	Strong Sell → Hold Upgrades $260 → $306	Strong Sell → Hold	Upgrades	$260 → $306	+8.11%	Apr 23, 2026
Brian Harbour Morgan Stanley	Morgan Stanley	Hold Maintains $335 → $334	Hold	Maintains	$335 → $334	+18.00%	Apr 21, 2026
Christopher Carril Keybanc	Keybanc	Buy Maintains $354 → $345	Buy	Maintains	$354 → $345	+21.89%	Apr 20, 2026
Ivan Feinseth Tigress Financial	Tigress Financial	Strong Buy Maintains $360 → $385	Strong Buy	Maintains	$360 → $385	+36.02%	Mar 6, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

28.97B

Increased by 7.77%

from 26.89B

Revenue Next Year

30.65B

Increased by 5.77%

from 28.97B

EPS This Year

13.31

Increased by 11.39%

from 11.95

EPS Next Year

14.48

Increased by 8.78%

from 13.31

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026	Dec 31, 2027
Revenue	23.22B	23.18B	25.49B	25.92B	26.89B	28.97B	30.65B
Revenue Growth	20.90%	-0.17%	9.97%	1.67%	3.72%	7.77%	5.77%
EPS	10.04	8.33	11.56	11.39	11.95	13.31	14.48
EPS Growth	59.11%	-17.03%	38.78%	-1.47%	4.92%	11.39%	8.78%
Forward PE	-	-	-	-	-	21.26	19.55
No. Analysts	-	-	-	-	-	39	39

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

Revenue Forecast

Revenue	2026	2027	2028	2029	2030	2031	2032	2033
High	30.7B	32.8B
Avg	29.0B	30.6B
Low	27.5B	28.7B

Revenue Growth

Revenue Growth	2026	2027	2028	2029	2030	2031	2032	2033
High	14.2%	13.4%
Avg	7.8%	5.8%
Low	2.4%	-0.9%

EPS Forecast

EPS	2026	2027	2028	2029	2030	2031	2032	2033
High	14.29	15.86
Avg	13.31	14.48
Low	12.35	12.99

EPS Growth

EPS Growth	2026	2027	2028	2029	2030	2031	2032	2033
High	19.6%	19.1%
Avg	11.4%	8.8%
Low	3.3%	-2.5%

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 sources.