McDonald's Corporation (MCD)
NYSE: MCD · Real-Time Price · USD
280.63
+11.20 (4.16%)
At close: Jul 2, 2026, 4:00 PM EDT
279.70
-0.93 (-0.33%)
After-hours: Jul 2, 2026, 7:59 PM EDT

McDonald's Stock Forecast

Stock Price Forecast

According to 35 analysts polled by S&P Global, McDonald's stock has a consensus rating of "Buy" and an average price target of $330.47. The average 1-year stock price forecast is 17.76% higher than the current stock price, while the lowest is $250 (-10.91%) and the highest is $407 (+45.03%).

Price Target: $330.47 (+17.76%)
Analyst Consensus: Buy
TargetLowAverageMedianHigh
Price$250$330.47$322.5$407
Change-10.91%+17.76%+14.92%+45.03%

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

RatingJan '26Feb '26Mar '26Apr '26May '26Jun '26
Strong Buy151716151414
Buy334455
Hold171415161415
Sell010000
Strong Sell222111
Total373737363435

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
KeyBanc
KeyBanc
Buy
Maintains
$330$315
BuyMaintains$330$315+12.25%Jun 29, 2026
Erste Group
Erste Group
Hold
Maintains
n/a
HoldMaintainsn/an/aJun 25, 2026
RBC Capital
RBC Capital
Hold
Maintains
$305
HoldMaintains$305+8.68%Jun 23, 2026
Bernstein
Bernstein
Hold
Maintains
$340$310
HoldMaintains$340$310+10.47%Jun 22, 2026
TD Cowen
TD Cowen
Hold
Maintains
$300
HoldMaintains$300+6.90%Jun 12, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
28.49B
from 26.89B
Increased by 5.96%
Revenue Next Year
30.17B
from 28.49B
Increased by 5.90%
EPS This Year
12.98
from 12.20
Increased by 6.40%
EPS Next Year
14.22
from 12.98
Increased by 9.55%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
23.22B23.18B25.49B25.92B26.89B28.49B
Revenue Growth
20.90%-0.17%9.97%1.67%3.72%5.96%
Operating Income
10.16B10.37B11.75B11.85B12.40B13.43B
Net Income
7.55B6.18B8.47B8.22B8.56B9.16B
EPS
----12.2012.98
EPS Growth
----4.10%6.40%
Forward PE
26.9225.9024.2123.5523.6121.62
Dividend / Share
5.255.666.236.787.177.49
Dividend Growth
-7.81%10.07%8.83%5.75%4.50%
Free Cash Flow
6.01B5.29B6.56B5.13B6.30B7.75B
No. Analysts
-----32
EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue202620272028
High29.1B
Avg28.5B
Low27.7B

Revenue Growth

Revenue Growth202620272028
High
8.2%
Avg
6.0%
Low
2.9%

EPS Forecast

EPS202620272028
High13.29
Avg12.98
Low12.47

EPS Growth

EPS Growth202620272028
High
8.9%
Avg
6.4%
Low
2.2%