McDonald's Corporation (MCD)
NYSE: MCD · Real-Time Price · USD
231.50
-0.33 (-0.14%)
Oct 2, 2026, 11:40 AM EDT - Market open
McDonald's Stock Forecast
Stock Price Forecast
According to 34 analysts polled by S&P Global, McDonald's stock has a consensus rating of "Buy" and an average price target of $297.21. The average 1-year stock price forecast is 28.38% higher than the current stock price, while the lowest is $230 (-0.65%) and the highest is $390 (+68.47%).
Price Target: $297.21 (+28.38%)
Analyst Consensus: Buy
Price Target
ChartAnalyst 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 | Apr '26 | May '26 | Jun '26 | Jul '26 | Aug '26 | Sep '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 15 | 14 | 14 | 14 | 15 | 15 |
| Buy | 4 | 5 | 5 | 4 | 4 | 4 |
| Hold | 16 | 14 | 15 | 15 | 14 | 15 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Total | 36 | 34 | 35 | 34 | 34 | 35 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| J.P. Morgan | J.P. Morgan | Buy Maintains $260 → $250 | Buy | Maintains | $260 → $250 | +7.99% | Sep 29, 2026 |
| Morgan Stanley | Morgan Stanley | Hold Maintains $308 → $297 | Hold | Maintains | $308 → $297 | +28.29% | Sep 28, 2026 |
| Melius Research | Melius Research | Sell Maintains $250 → $230 | Sell | Maintains | $250 → $230 | -0.65% | Sep 28, 2026 |
| Robert W. Baird | Robert W. Baird | Hold Maintains $285 → $250 | Hold | Maintains | $285 → $250 | +7.99% | Sep 24, 2026 |
| Bank of America Securities | Bank of America Securities | Hold Maintains $343 | Hold | Maintains | $343 | +48.16% | Sep 24, 2026 |
Financial Forecast
Revenue This Year
28.18B
from 26.89B
Increased by 4.81%
Revenue Next Year
29.21B
from 28.18B
Increased by 3.66%
EPS This Year
12.90
from 12.20
Increased by 5.74%
EPS Next Year
13.86
from 12.90
Increased by 7.42%
EPS and Forward PE are based on non-GAAP adjusted numbers.