McDonald's Corporation (MCD)
NYSE: MCD · Real-Time Price · USD
286.85
-4.06 (-1.39%)
Nov 21, 2024, 11:53 AM EST - Market open

McDonald's Stock Forecast

Stock Price Forecast

The 25 analysts with 12-month price forecasts for McDonald's stock have an average target of 319.64, with a low estimate of 265 and a high estimate of 360. The average target predicts an increase of 11.43% from the current stock price of 286.85.

Analyst Consensus: Buy
Target Low Average Median High
Price $265 $319.64 $325 $360
Change -7.62% +11.43% +13.30% +25.50%

Analyst Ratings

The average analyst rating for McDonald's stock from 29 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating Jun '24Jul '24Aug '24Sep '24Oct '24Nov '24
Strong Buy 101010998
Buy 111111101010
Hold 999101111
Sell 000000
Strong Sell 000000
Total 303030293029

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
B of A Securities
B of A Securities
Hold
Maintains
$321$324
Hold Maintains $321$324 +12.95% Oct 30, 2024
Truist Securities
Truist Securities
Strong Buy
Maintains
$350$342
Strong Buy Maintains $350$342 +19.23% Oct 30, 2024
BMO Capital
BMO Capital
Buy
Maintains
$315$335
Buy Maintains $315$335 +16.78% Oct 30, 2024
TD Cowen
TD Cowen
Hold
Reiterates
$300
Hold Reiterates $300 +4.58% Oct 29, 2024
Guggenheim
Guggenheim
Hold
Downgrades
$285
Hold Downgrades $285 -0.65% Oct 23, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
26.32B
from 25.49B
Increased by 3.25%
Revenue Next Year
27.28B
from 26.32B
Increased by 3.64%
EPS This Year
11.93
from 11.56
Increased by 3.23%
EPS Next Year
12.74
from 11.93
Increased by 6.78%
Fiscal Year FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Period Ending Dec 31, 2019 Dec 31, 2020 Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026
Revenue
21.36B19.21B23.22B23.18B25.49B26.32B27.28B28.80B
Revenue Growth
0.50%-10.09%20.90%-0.17%9.97%3.25%3.64%5.56%
EPS
7.886.3110.048.3311.5611.9312.7413.80
EPS Growth
4.51%-19.92%59.11%-17.03%38.78%3.23%6.78%8.27%
Forward PE
-----24.0422.5120.79
No. Analysts -----393921
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025202620272028
High 27.5B 29.1B 30.9B
Avg 26.3B 27.3B 28.8B
Low 25.4B 25.6B 26.8B

Revenue Growth

Revenue Growth 20242025202620272028
High
8.0%
10.4%
13.1%
Avg
3.3%
3.6%
5.6%
Low
-0.5%
-2.8%
-1.8%

EPS Forecast

EPS 20242025202620272028
High 12.77 13.78 14.70
Avg 11.93 12.74 13.80
Low 11.37 12.00 12.89

EPS Growth

EPS Growth 20242025202620272028
High
10.4%
15.4%
15.4%
Avg
3.2%
6.8%
8.3%
Low
-1.7%
0.6%
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.