McDonald's Corporation (MCD)
NYSE: MCD · Real-Time Price · USD
307.32
-1.56 (-0.51%)
At close: Jan 9, 2026, 4:00 PM EST
307.20
-0.12 (-0.04%)
After-hours: Jan 9, 2026, 7:49 PM EST

McDonald's Stock Forecast

Stock Price Forecast

The 24 analysts that cover McDonald's stock have a consensus rating of "Buy" and an average price target of $328.79, which forecasts a 6.99% increase in the stock price over the next year. The lowest target is $260 and the highest is $375.

Price Target: $328.79 (+6.99%)
Analyst Consensus: Buy
TargetLowAverageMedianHigh
Price$260$328.79$325$375
Change-15.40%+6.99%+5.75%+22.02%

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

RatingAug '25Sep '25Oct '25Nov '25Dec '25Jan '26
Strong Buy643333
Buy887778
Hold121215141414
Sell000000
Strong Sell111111
Total272526252526

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Keybanc
Keybanc
Buy
Maintains
$335$340
BuyMaintains$335$340+10.63%Jan 9, 2026
Truist Securities
Truist Securities
Strong Buy
Maintains
$350$356
Strong BuyMaintains$350$356+15.84%Jan 8, 2026
TD Cowen
TD Cowen
Hold
Reiterates
$320
HoldReiterates$320+4.13%Jan 8, 2026
Barclays
Barclays
Buy
Maintains
$358$372
BuyMaintains$358$372+21.05%Jan 7, 2026
Oppenheimer
Oppenheimer
Buy
Upgrades
$355
BuyUpgrades$355+15.51%Jan 6, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
26.94B
from 25.92B
Increased by 3.92%
Revenue Next Year
28.43B
from 26.94B
Increased by 5.55%
EPS This Year
12.24
from 11.39
Increased by 7.50%
EPS Next Year
13.36
from 12.24
Increased by 9.09%
Fiscal YearFY 2020FY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2020Dec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
19.21B23.22B23.18B25.49B25.92B26.94B28.43B
Revenue Growth
-10.09%20.90%-0.17%9.97%1.67%3.92%5.55%
EPS
6.3110.048.3311.5611.3912.2413.36
EPS Growth
-19.92%59.11%-17.03%38.78%-1.47%7.50%9.09%
Forward PE
-----25.1023.01
No. Analysts
-----4040
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue20252026202720282029
High28.3B30.3B
Avg26.9B28.4B
Low25.9B27.0B

Revenue Growth

Revenue Growth20252026202720282029
High
9.1%
12.6%
Avg
3.9%
5.5%
Low
-0.0%
0.2%

EPS Forecast

EPS20252026202720282029
High13.0414.28
Avg12.2413.36
Low11.6812.38

EPS Growth

EPS Growth20252026202720282029
High
14.5%
16.6%
Avg
7.5%
9.1%
Low
2.6%
1.1%
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.