McDonald's Corporation (MCD)
NYSE: MCD · Real-Time Price · USD
264.76
+1.96 (0.75%)
At close: Jul 24, 2026, 4:00 PM EDT
264.75
-0.01 (0.00%)
After-hours: Jul 24, 2026, 7:54 PM EDT

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 $324.71. The average 1-year stock price forecast is 22.64% higher than the current stock price, while the lowest is $250 (-5.57%) and the highest is $407 (+53.72%).

Price Target: $324.71 (+22.64%)
Analyst Consensus: Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price$250$324.71$320$407
Change-5.57%+22.64%+20.86%+53.72%

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
RatingFeb '26Mar '26Apr '26May '26Jun '26Jul '26
Strong Buy171615141414
Buy344554
Hold141516141515
Sell100000
Strong Sell221111
Total373736343534

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
BTIG
BTIG
Buy
Maintains
$370$350
BuyMaintains$370$350+32.20%Jul 24, 2026
Evercore ISI
Evercore ISI
Buy
Maintains
$350$320
BuyMaintains$350$320+20.86%Jul 23, 2026
Bernstein
Bernstein
Hold
Maintains
$310
HoldMaintains$310+17.09%Jul 21, 2026
Tigress Financial
Tigress Financial
Buy
Reiterates
$385$390
BuyReiterates$385$390+47.30%Jul 17, 2026
Wells Fargo
Wells Fargo
Buy
Reiterates
$320$300
BuyReiterates$320$300+13.31%Jul 16, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
28.40B
from 26.89B
Increased by 5.65%
Revenue Next Year
30.03B
from 28.40B
Increased by 5.73%
EPS This Year
12.93
from 12.20
Increased by 5.96%
EPS Next Year
14.13
from 12.93
Increased by 9.29%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
23.22B23.18B25.49B25.92B26.89B28.40B
Revenue Growth
20.90%-0.17%9.97%1.67%3.72%5.65%
Operating Income
10.16B10.37B11.75B11.85B12.40B13.39B
Net Income
7.55B6.18B8.47B8.22B8.56B9.15B
EPS
----12.2012.93
EPS Growth
----4.10%5.96%
Forward PE
26.9225.9024.2123.5523.6120.48
Dividend / Share
5.255.666.236.787.177.50
Dividend Growth
-7.81%10.07%8.83%5.75%4.54%
Free Cash Flow
6.01B5.29B6.56B5.13B6.30B7.80B
No. Analysts
-----32
EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue202620272028
High28.8B
Avg28.4B
Low27.7B

Revenue Growth

Revenue Growth202620272028
High
7.1%
Avg
5.6%
Low
2.9%

EPS Forecast

EPS202620272028
High13.28
Avg12.93
Low12.47

EPS Growth

EPS Growth202620272028
High
8.9%
Avg
6.0%
Low
2.2%