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 $331.29. The average 1-year stock price forecast is 20.96% higher than the current stock price, while the lowest is $250 (-8.72%) and the highest is $407 (+48.61%).

Price Target: $331.29 (+20.96%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$250	$331.29	$330	$407
Change	-8.72%	+20.96%	+20.49%	+48.61%

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

Rating	Jan '26	Feb '26	Mar '26	Apr '26	May '26	Jun '26
Strong Buy	15	17	16	15	14	14
Buy	3	3	4	4	5	5
Hold	17	14	15	16	14	14
Sell	0	1	0	0	0	0
Strong Sell	2	2	2	1	1	1
Total	37	37	37	36	34	34

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Andrew Charles TD Cowen	TD Cowen	Hold Maintains $300	Hold	Maintains	$300	+9.54%	Jun 12, 2026
Dennis Geiger UBS	UBS	Buy Maintains $365	Buy	Maintains	$365	+33.27%	May 18, 2026
Danilo Gargiulo Bernstein	Bernstein	Hold Reiterates n/a	Hold	Reiterates	n/a	n/a	May 12, 2026
John Ivankoe J.P. Morgan	J.P. Morgan	Buy Maintains $325 → $305	Buy	Maintains	$325 → $305	+11.36%	May 11, 2026
David Palmer Evercore ISI	Evercore ISI	Buy Maintains $360 → $350	Buy	Maintains	$360 → $350	+27.79%	May 8, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

28.49B

from 26.89B

5.97%

from 26.89B

Revenue Next Year

30.17B

from 28.49B

5.90%

from 28.49B

EPS This Year

12.98

from 12.20

6.42%

from 12.20

EPS Next Year

14.22

from 12.98

9.51%

from 12.98

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	23.22B	23.18B	25.49B	25.92B	26.89B	28.49B
Revenue Growth	20.90%	-0.17%	9.97%	1.67%	3.72%	5.97%
Gross Profit	12.58B	13.21B	14.56B	14.71B	15.43B	4.18B
Gross Margin	54.17%	56.97%	57.12%	56.75%	57.41%	14.68%
Operating Income	10.16B	10.37B	11.75B	11.85B	12.40B	13.44B
Net Income	7.55B	6.18B	8.47B	8.22B	8.56B	9.15B
EPS	-	-	-	-	12.20	12.98
EPS Growth	-	-	-	-	4.10%	6.42%
Forward PE	26.92	25.90	24.21	23.55	23.61	21.09
Dividend / Share	5.25	5.66	6.23	6.78	7.17	7.49
Dividend Growth	-	7.81%	10.07%	8.83%	5.75%	4.50%
Free Cash Flow	6.01B	5.29B	6.56B	5.13B	6.30B	7.75B
No. Analysts	-	-	-	-	-	31

EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue	2026	2027	2028
High	29.1B
Avg	28.5B
Low	27.7B

Revenue Growth

Revenue Growth	2026	2027	2028
High	8.2%
Avg	6.0%
Low	2.9%

EPS Forecast

EPS	2026	2027	2028
High	13.29
Avg	12.98
Low	12.47

EPS Growth

EPS Growth	2026	2027	2028
High	8.9%
Avg	6.4%
Low	2.2%