McDonald's Corporation (MCD)
NYSE: MCD · Real-Time Price · USD
262.50
+1.39 (0.53%)
Sep 2, 2026, 11:25 AM EDT - Market open

McDonald's Stock Forecast

Stock Price Forecast

According to 34 analysts polled by S&P Global, McDonald's stock has a consensus rating of "Buy" and an average price target of $315.39. The average 1-year stock price forecast is 20.15% higher than the current stock price, while the lowest is $250 (-4.76%) and the highest is $407 (+55.05%).

Price Target: $315.39 (+20.15%)
Analyst Consensus: Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price$250$315.39$305$407
Change-4.76%+20.15%+16.19%+55.05%

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
RatingMar '26Apr '26May '26Jun '26Jul '26Aug '26
Strong Buy161514141415
Buy445544
Hold151614151514
Sell000000
Strong Sell211111
Total373634353434

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Argus Research
Argus Research
Buy
Maintains
$320$310
BuyMaintains$320$310+18.10%Aug 26, 2026
Unknown Analyst
Robert W. Baird
No rating
Robert W. Baird
Hold
Maintains
$285
HoldMaintains$285+8.57%Aug 24, 2026
Bernstein
Bernstein
Hold
Maintains
$310$295
HoldMaintains$310$295+12.38%Aug 6, 2026
DZ BANK AG
DZ BANK AG
Buy
Maintains
n/a
BuyMaintainsn/an/aAug 5, 2026
Guggenheim
Guggenheim
Hold
Reiterates
$320$290
HoldReiterates$320$290+10.48%Aug 5, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
28.21B
from 26.89B
Increased by 4.92%
Revenue Next Year
29.67B
from 28.21B
Increased by 5.20%
EPS This Year
12.93
from 12.20
Increased by 5.98%
EPS Next Year
13.98
from 12.93
Increased by 8.12%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
23.22B23.18B25.49B25.92B26.89B28.21B
Revenue Growth
20.90%-0.17%9.97%1.67%3.72%4.92%
Operating Income
10.16B10.37B11.75B11.85B12.40B13.34B
Net Income
7.55B6.18B8.47B8.22B8.56B9.10B
EPS
----12.2012.93
EPS Growth
----4.10%5.98%
Forward PE
26.9225.9024.2123.5523.6120.30
Dividend / Share
5.255.666.236.787.177.50
Dividend Growth
4.17%7.81%10.07%8.83%5.75%4.66%
Free Cash Flow
6.01B5.29B6.56B5.13B6.30B7.31B
No. Analysts
-----31
EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue202620272028
High28.5B
Avg28.2B
Low27.8B

Revenue Growth

Revenue Growth202620272028
High
6.0%
Avg
4.9%
Low
3.2%

EPS Forecast

EPS202620272028
High13.23
Avg12.93
Low12.53

EPS Growth

EPS Growth202620272028
High
8.4%
Avg
6.0%
Low
2.7%