McDonald's Corporation (MCD)
NYSE: MCD · Real-Time Price · USD
304.85
-2.09 (-0.68%)
Apr 21, 2026, 10:12 AM EDT - Market open
McDonald's Stock Forecast
Stock Price Forecast
The 29 analysts that cover McDonald's stock have a consensus rating of "Buy" and an average price target of $342.31, which forecasts a 12.29% increase in the stock price over the next year. The lowest target is $260 and the highest is $385.
Price Target: $342.31 (+12.29%)
Analyst Consensus: Buy
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 | Nov '25 | Dec '25 | Jan '26 | Feb '26 | Mar '26 | Apr '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 3 | 7 | 8 | 8 |
| Buy | 6 | 6 | 7 | 7 | 8 | 9 |
| Hold | 14 | 14 | 14 | 11 | 11 | 11 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Total | 24 | 24 | 25 | 26 | 28 | 29 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Keybanc | Keybanc | Buy Maintains $354 → $345 | Buy | Maintains | $354 → $345 | +13.17% | Apr 20, 2026 |
| Tigress Financial | Tigress Financial | Strong Buy Maintains $360 → $385 | Strong Buy | Maintains | $360 → $385 | +26.29% | Mar 6, 2026 |
| Keybanc | Keybanc | Buy Maintains $340 → $354 | Buy | Maintains | $340 → $354 | +16.12% | Mar 3, 2026 |
| JP Morgan | JP Morgan | Buy Maintains $305 → $325 | Buy | Maintains | $305 → $325 | +6.61% | Feb 24, 2026 |
| Argus Research | Argus Research | Hold → Strong Buy Upgrades $380 | Hold → Strong Buy | Upgrades | $380 | +24.65% | Feb 13, 2026 |
Financial Forecast
Revenue This Year
28.94B
from 26.89B
Increased by 7.65%
Revenue Next Year
30.68B
from 28.94B
Increased by 6.00%
EPS This Year
13.36
from 11.95
Increased by 11.84%
EPS Next Year
14.55
from 13.36
Increased by 8.89%
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| High | 30.7B | 32.8B | |||
| Avg | 28.9B | 30.7B | |||
| Low | 26.2B | 28.7B |
Revenue Growth
| Revenue Growth | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| High | 14.0% | 13.5% | |||
| Avg | 7.7% | 6.0% | |||
| Low | -2.7% | -0.8% |
EPS Forecast
| EPS | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| High | 14.29 | 15.90 | |||
| Avg | 13.36 | 14.55 | |||
| Low | 12.69 | 13.75 |
EPS Growth
| EPS Growth | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| High | 19.6% | 18.9% | |||
| Avg | 11.8% | 8.9% | |||
| Low | 6.2% | 2.9% |
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.