McDonald's Corporation (MCD)
NYSE: MCD · Real-Time Price · USD
298.47
+3.99 (1.35%)
At close: Jul 25, 2025, 4:00 PM
298.25
-0.22 (-0.07%)
After-hours: Jul 25, 2025, 7:59 PM EDT

McDonald's Stock Forecast

Stock Price Forecast

The 26 analysts that cover McDonald's stock have a consensus rating of "Buy" and an average price target of $324.32, which forecasts a 8.66% increase in the stock price over the next year. The lowest target is $260 and the highest is $365.

Price Target: $324.32 (+8.66%)
Analyst Consensus: Buy
TargetLowAverageMedianHigh
Price$260$324.32$326$365
Change-12.89%+8.66%+9.22%+22.29%

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

RatingFeb '25Mar '25Apr '25May '25Jun '25Jul '25
Strong Buy888867
Buy999988
Hold99891210
Sell000000
Strong Sell000011
Total262625262726

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
B of A Securities
B of A Securities
Hold
Maintains
$327$322
HoldMaintains$327$322+7.88%Jul 18, 2025
Morgan Stanley
Morgan Stanley
Hold
Maintains
$324$326
HoldMaintains$324$326+9.22%Jul 14, 2025
Goldman Sachs
Goldman Sachs
Strong Buy
Upgrades
$345
Strong BuyUpgrades$345+15.59%Jul 10, 2025
Citigroup
Citigroup
Strong Buy
Maintains
$364$365
Strong BuyMaintains$364$365+22.29%Jul 9, 2025
Truist Securities
Truist Securities
Strong Buy
Maintains
$350$356
Strong BuyMaintains$350$356+19.27%Jul 9, 2025
More Analyst Ratings

Financial Forecast

Revenue This Year
26.67B
from 25.92B
Increased by 2.88%
Revenue Next Year
28.11B
from 26.67B
Increased by 5.42%
EPS This Year
12.38
from 11.39
Increased by 8.71%
EPS Next Year
13.39
from 12.38
Increased by 8.15%
Fiscal YearFY 2020FY 2021FY 2022FY 2023FY 2024FY 2025FY 2026FY 2027
Period EndingDec 31, 2020Dec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026Dec 31, 2027
Revenue
19.21B23.22B23.18B25.49B25.92B26.67B28.11B29.73B
Revenue Growth
-10.09%20.90%-0.17%9.97%1.67%2.88%5.42%5.77%
EPS
6.3110.048.3311.5611.3912.3813.3914.55
EPS Growth
-19.92%59.11%-17.03%38.78%-1.47%8.71%8.15%8.67%
Forward PE
-----24.1122.2920.51
No. Analysts
-----383818
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue20252026202720282029
High28.4B30.4B32.0B
Avg26.7B28.1B29.7B
Low25.3B26.4B27.6B

Revenue Growth

Revenue Growth20252026202720282029
High
9.5%
14.1%
13.7%
Avg
2.9%
5.4%
5.8%
Low
-2.5%
-1.1%
-1.7%

EPS Forecast

EPS20252026202720282029
High13.2714.8316.23
Avg12.3813.3914.55
Low11.6012.2713.03

EPS Growth

EPS Growth20252026202720282029
High
16.5%
19.7%
21.2%
Avg
8.7%
8.2%
8.7%
Low
1.9%
-0.9%
-2.7%
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.