McDonald's Corporation (MCD)

McDonald's Stock Forecast

Stock Price Forecast

The 24 analysts that cover McDonald's stock have a consensus rating of "Buy" and an average price target of $326, which forecasts a 6.80% increase in the stock price over the next year. The lowest target is $260 and the highest is $381.

Price Target: $326 (+6.80%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$260	$326	$325	$381
Change	-14.82%	+6.80%	+6.47%	+24.82%

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	May '25	Jun '25	Jul '25	Aug '25	Sep '25	Oct '25
Strong Buy	8	6	7	6	4	3
Buy	9	8	8	8	8	8
Hold	9	12	11	12	12	13
Sell	0	0	0	0	0	0
Strong Sell	0	1	1	1	1	1
Total	26	27	27	27	25	25

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Jake Bartlett Truist Securities	Truist Securities	Strong Buy Maintains $360 → $350	Strong Buy	Maintains	$360 → $350	+14.66%	Oct 14, 2025
Gregory Francfort Guggenheim	Guggenheim	Hold Maintains $310 → $295	Hold	Maintains	$310 → $295	-3.36%	Oct 10, 2025
Logan Reich RBC Capital	RBC Capital	Hold Initiates $320	Hold	Initiates	$320	+4.83%	Oct 9, 2025
Jon Tower Citigroup	Citigroup	Strong Buy Maintains $373 → $381	Strong Buy	Maintains	$373 → $381	+24.82%	Sep 17, 2025
Andrew Strelzik BMO Capital	BMO Capital	Buy Maintains $350 → $360	Buy	Maintains	$350 → $360	+17.94%	Sep 4, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

27.04B

Increased by 4.31%

from 25.92B

Revenue Next Year

28.53B

Increased by 5.51%

from 27.04B

EPS This Year

12.47

Increased by 9.51%

from 11.39

EPS Next Year

13.53

Increased by 8.50%

from 12.47

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	19.21B	23.22B	23.18B	25.49B	25.92B	27.04B	28.53B
Revenue Growth	-10.09%	20.90%	-0.17%	9.97%	1.67%	4.31%	5.51%
EPS	6.31	10.04	8.33	11.56	11.39	12.47	13.53
EPS Growth	-19.92%	59.11%	-17.03%	38.78%	-1.47%	9.51%	8.50%
Forward PE	-	-	-	-	-	24.47	22.56
No. Analysts	-	-	-	-	-	38	38

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

Revenue Forecast

Revenue	2025	2026	2027	2028	2029
High	28.5B	30.6B
Avg	27.0B	28.5B
Low	25.9B	26.9B

Revenue Growth

Revenue Growth	2025	2026	2027	2028	2029
High	10.1%	13.3%
Avg	4.3%	5.5%
Low	-0.0%	-0.3%

EPS Forecast

EPS	2025	2026	2027	2028	2029
High	13.14	14.60
Avg	12.47	13.53
Low	11.61	12.15

EPS Growth

EPS Growth	2025	2026	2027	2028	2029
High	15.3%	17.0%
Avg	9.5%	8.5%
Low	1.9%	-2.6%

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.