McDonald's Corporation (MCD)
NYSE: MCD · Real-Time Price · USD
296.29
-5.62 (-1.86%)
At close: Jun 16, 2025, 4:00 PM
295.50
-0.79 (-0.27%)
After-hours: Jun 16, 2025, 7:59 PM EDT

McDonald's Stock Forecast

Stock Price Forecast

The 27 analysts that cover McDonald's stock have a consensus rating of "Buy" and an average price target of $320.69, which forecasts a 8.24% increase in the stock price over the next year. The lowest target is $260 and the highest is $364.

Price Target: $320.69 (+8.24%)
Analyst Consensus: Buy
Target Low Average Median High
Price $260 $320.69 $325 $364
Change -12.25% +8.24% +9.69% +22.85%

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 Jan '25Feb '25Mar '25Apr '25May '25Jun '25
Strong Buy 888886
Buy 1099998
Hold 8998912
Sell 000000
Strong Sell 000001
Total 262626252627

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Argus Research
Argus Research
Hold
Downgrades
n/a
Hold Downgrades n/a n/a Jun 13, 2025
Redburn Atlantic
Redburn Atlantic
Strong Sell
Downgrades
$319$260
Strong Sell Downgrades $319$260 -12.25% Jun 10, 2025
Morgan Stanley
Morgan Stanley
Hold
Downgrades
$329$324
Hold Downgrades $329$324 +9.35% Jun 9, 2025
Loop Capital
Loop Capital
Hold
Downgrades
$346$315
Hold Downgrades $346$315 +6.31% Jun 6, 2025
TD Securities
TD Securities
Hold
Reiterates
$305
Hold Reiterates $305 +2.94% Jun 5, 2025
More Analyst Ratings

Financial Forecast

Revenue This Year
26.63B
from 25.92B
Increased by 2.73%
Revenue Next Year
28.08B
from 26.63B
Increased by 5.47%
EPS This Year
12.41
from 11.39
Increased by 8.97%
EPS Next Year
13.43
from 12.41
Increased by 8.20%
Fiscal Year FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026 FY 2027
Period Ending Dec 31, 2020 Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026 Dec 31, 2027
Revenue
19.21B23.22B23.18B25.49B25.92B26.63B28.08B29.76B
Revenue Growth
-10.09%20.90%-0.17%9.97%1.67%2.73%5.47%5.97%
EPS
6.3110.048.3311.5611.3912.4113.4314.70
EPS Growth
-19.92%59.11%-17.03%38.78%-1.47%8.97%8.20%9.44%
Forward PE
-----23.8722.0620.16
No. Analysts
-----383818
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20252026202720282029
High 28.4B 30.4B 31.7B
Avg 26.6B 28.1B 29.8B
Low 25.3B 26.3B 28.0B

Revenue Growth

Revenue Growth 20252026202720282029
High
9.7%
14.2%
12.9%
Avg
2.7%
5.5%
6.0%
Low
-2.5%
-1.1%
-0.4%

EPS Forecast

EPS 20252026202720282029
High 13.23 14.83 16.22
Avg 12.41 13.43 14.70
Low 11.60 12.28 13.54

EPS Growth

EPS Growth 20252026202720282029
High
16.2%
19.5%
20.8%
Avg
9.0%
8.2%
9.4%
Low
1.9%
-1.1%
0.8%
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.