McDonald's Corporation (MCD)
NYSE: MCD · Real-Time Price · USD
251.64
+5.39 (2.19%)
Oct 22, 2026, 2:30 PM 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 $292.03. The average 1-year stock price forecast is 16.05% higher than the current stock price, while the lowest is $230 (-8.60%) and the highest is $390 (+54.98%).

Price Target: $292.03 (+16.05%)
Analyst Consensus: Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price$230$292.03$293$390
Change-8.60%+16.05%+16.44%+54.98%

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
RatingMay '26Jun '26Jul '26Aug '26Sep '26Oct '26
Strong Buy141414151515
Buy554444
Hold141515141414
Sell000000
Strong Sell111111
Total343534343434

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Wells Fargo
Wells Fargo
Buy
Maintains
$270
BuyMaintains$270+7.30%Oct 21, 2026
Citi
Citi
Buy
Maintains
$305 → $295
BuyMaintains$305 → $295+17.23%Oct 20, 2026
UBS
UBS
Buy
Reiterates
$320
BuyReiterates$320+27.17%Oct 19, 2026
Unknown Analyst
Raymond James
No rating
Raymond James
Hold
Reiterates
n/a
HoldReiteratesn/an/aOct 16, 2026
Morgan Stanley
Morgan Stanley
Hold
Maintains
$297
HoldMaintains$297+18.03%Oct 16, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
28.15B
from 26.89B
Increased by 4.69%
Revenue Next Year
28.95B
from 28.15B
Increased by 2.86%
EPS This Year
12.89
from 12.20
Increased by 5.70%
EPS Next Year
13.76
from 12.89
Increased by 6.73%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
23.22B23.18B25.49B25.92B26.89B28.15B
Revenue Growth
20.90%-0.17%9.97%1.67%3.72%4.69%
Operating Income
10.16B10.37B11.75B11.85B12.40B13.30B
Net Income
7.55B6.18B8.47B8.22B8.56B9.07B
EPS
----12.2012.89
EPS Growth
----4.10%5.70%
Forward PE
26.9225.9024.2123.5523.6119.51
Dividend / Share
5.255.666.236.787.177.50
Dividend Growth
4.17%7.81%10.07%8.83%5.75%4.63%
Free Cash Flow
----7.19B7.29B
No. Analysts
-----31
EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue202620272028
High28.5B
Avg28.1B
Low27.4B

Revenue Growth

Revenue Growth202620272028
High
6.0%
Avg
4.7%
Low
2.0%

EPS Forecast

EPS202620272028
High13.23
Avg12.89
Low12.63

EPS Growth

EPS Growth202620272028
High
8.4%
Avg
5.7%
Low
3.5%