McDonald's Corporation (MCD)
NYSE: MCD · Real-Time Price · USD
258.12
+0.74 (0.29%)
At close: Oct 30, 2026, 4:00 PM EDT
258.14
+0.02 (0.01%)
After-hours: Oct 30, 2026, 7:59 PM EDT

McDonald's Stock Forecast

Stock Price Forecast

According to 33 analysts polled by S&P Global, McDonald's stock has a consensus rating of "Buy" and an average price target of $291.75. The average 1-year stock price forecast is 13.03% higher than the current stock price, while the lowest is $230 (-10.89%) and the highest is $390 (+51.09%).

Price Target: $291.75 (+13.03%)
Analyst Consensus: Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price$230$291.75$294$390
Change-10.89%+13.03%+13.90%+51.09%

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

Chart
RatingMay '26Jun '26Jul '26Aug '26Sep '26Oct '26
Strong Buy141414151515
Buy554444
Hold141515141413
Sell000000
Strong Sell111111
Total343534343433

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Mizuho Securities
Mizuho Securities
Hold
Maintains
$290 → $260
HoldMaintains$290 → $260+0.73%Oct 30, 2026
BTIG
BTIG
Buy
Maintains
$295
BuyMaintains$295+14.29%Oct 27, 2026
Bank of America Securities
Bank of America Securities
Hold
Reiterates
$343
HoldReiterates$343+32.88%Oct 26, 2026
Bernstein
Bernstein
Hold
Maintains
$250
HoldMaintains$250-3.15%Oct 26, 2026
Wells Fargo
Wells Fargo
Buy
Reiterates
$270
BuyReiterates$270+4.60%Oct 21, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
28.15B
from 26.89B
Increased by 4.70%
Revenue Next Year
28.87B
from 28.15B
Increased by 2.56%
EPS This Year
12.88
from 12.20
Increased by 5.59%
EPS Next Year
13.73
from 12.88
Increased by 6.58%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
23.22B23.18B25.49B25.92B26.89B28.15B
Revenue Growth
20.90%-0.17%9.97%1.67%3.72%4.70%
Operating Income
10.16B10.37B11.75B11.85B12.40B13.29B
Net Income
7.55B6.18B8.47B8.22B8.56B9.07B
EPS
----12.2012.88
EPS Growth
----4.10%5.59%
Forward PE
26.9225.9024.2123.5523.6120.04
Dividend / Share
5.255.666.236.787.177.50
Dividend Growth
4.17%7.81%10.07%8.83%5.75%4.64%
Free Cash Flow
----7.19B7.29B
No. Analysts
-----29
EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue202620272028
High28.5B
Avg28.1B
Low27.8B

Revenue Growth

Revenue Growth202620272028
High
6.0%
Avg
4.7%
Low
3.3%

EPS Forecast

EPS202620272028
High13.23
Avg12.88
Low12.63

EPS Growth

EPS Growth202620272028
High
8.4%
Avg
5.6%
Low
3.5%