McDonald's Corporation (MCD)
NYSE: MCD · Real-Time Price · USD
270.95
+1.82 (0.68%)
At close: Aug 21, 2026, 4:00 PM EDT
270.85
-0.10 (-0.04%)
After-hours: Aug 21, 2026, 7:59 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 $316.06. The average 1-year stock price forecast is 16.65% higher than the current stock price, while the lowest is $250 (-7.73%) and the highest is $407 (+50.21%).

Price Target: $316.06 (+16.65%)
Analyst Consensus: Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price$250$316.06$306$407
Change-7.73%+16.65%+12.94%+50.21%

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
Bernstein
Bernstein
Hold
Maintains
$310$295
HoldMaintains$310$295+8.88%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+7.03%Aug 5, 2026
Evercore ISI
Evercore ISI
Buy
Maintains
$320
BuyMaintains$320+18.10%Aug 5, 2026
Freedom Capital Markets
Freedom Capital Markets
Buy
Upgrades
$320$305
BuyUpgrades$320$305+12.57%Aug 5, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
28.21B
from 26.89B
Increased by 4.91%
Revenue Next Year
29.66B
from 28.21B
Increased by 5.16%
EPS This Year
12.94
from 12.20
Increased by 6.04%
EPS Next Year
14.00
from 12.94
Increased by 8.20%
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%4.91%
Operating Income
10.16B10.37B11.75B11.85B12.40B13.34B
Net Income
7.55B6.18B8.47B8.22B8.56B9.10B
EPS
----12.2012.94
EPS Growth
----4.10%6.04%
Forward PE
26.9225.9024.2123.5523.6120.94
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
-----29
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
Avg12.94
Low12.53

EPS Growth

EPS Growth202620272028
High
8.4%
Avg
6.0%
Low
2.7%