McDonald's Corporation (MCD)
NYSE: MCD · Real-Time Price · USD
304.04
+0.21 (0.07%)
Oct 10, 2024, 4:00 PM EDT - Market closed
McDonald's Stock Forecast
Stock Price Forecast
The 24 analysts with 12-month price forecasts for McDonald's stock have an average target of 311.67, with a low estimate of 265 and a high estimate of 360. The average target predicts an increase of 2.51% from the current stock price of 304.04.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for McDonald's stock from 28 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 | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 9 | 9 | 9 | 10 | 9 | 10 |
| Buy | 11 | 11 | 11 | 11 | 10 | 10 |
| Hold | 8 | 9 | 9 | 8 | 9 | 8 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 28 | 29 | 29 | 29 | 28 | 28 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| UBS | UBS | Strong Buy Maintains $305 → $345 | Strong Buy | Maintains | $305 → $345 | +13.47% | Oct 9, 2024 |
| Argus Research | Argus Research | Hold → Strong Buy Upgrades n/a | Hold → Strong Buy | Upgrades | n/a | n/a | Oct 8, 2024 |
| Keybanc | Keybanc | Buy Maintains $305 → $330 | Buy | Maintains | $305 → $330 | +8.54% | Oct 7, 2024 |
| Citigroup | Citigroup | Hold Maintains $301 → $317 | Hold | Maintains | $301 → $317 | +4.26% | Oct 2, 2024 |
| Baird | Baird | Buy Maintains $280 → $320 | Buy | Maintains | $280 → $320 | +5.25% | Sep 26, 2024 |
Financial Forecast
Revenue This Year
26.34B
from 25.49B
Increased by 3.31%
Revenue Next Year
27.60B
from 26.34B
Increased by 4.78%
EPS This Year
11.94
from 11.56
Increased by 3.28%
EPS Next Year
12.87
from 11.94
Increased by 7.81%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 27.7B | 29.6B | 31.0B | ||
| Avg | 26.3B | 27.6B | 29.1B | ||
| Low | 25.3B | 25.7B | 27.2B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 8.7% | 12.4% | 12.4% | ||
| Avg | 3.3% | 4.8% | 5.3% | ||
| Low | -0.6% | -2.5% | -1.3% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 12.77 | 13.98 | 14.75 | ||
| Avg | 11.94 | 12.87 | 13.85 | ||
| Low | 11.19 | 11.98 | 12.82 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 10.4% | 17.1% | 14.6% | ||
| Avg | 3.3% | 7.8% | 7.6% | ||
| Low | -3.2% | 0.3% | -0.4% |
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.