McDonald's Corporation (MCD)
NYSE: MCD · Real-Time Price · USD
250.97
+3.09 (1.25%)
Sep 22, 2026, 12:44 PM EDT - Market open

McDonald's Stock Forecast

Stock Price Forecast

According to 35 analysts polled by S&P Global, McDonald's stock has a consensus rating of "Buy" and an average price target of $311.55. The average 1-year stock price forecast is 24.14% higher than the current stock price, while the lowest is $250 (-0.39%) and the highest is $407 (+62.17%).

Price Target: $311.55 (+24.14%)
Analyst Consensus: Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price$250$311.55$305$407
Change-0.39%+24.14%+21.53%+62.17%

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
RatingApr '26May '26Jun '26Jul '26Aug '26Sep '26
Strong Buy151414141515
Buy455444
Hold161415151414
Sell000000
Strong Sell111111
Total363435343434

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
UBS
UBS
Buy
Reiterates
$340$320
BuyReiterates$340$320+27.51%Sep 21, 2026
BMO Capital
BMO Capital
Buy
Maintains
$335
BuyMaintains$335+33.48%Sep 21, 2026
Bernstein
Bernstein
Hold
Maintains
$295
HoldMaintains$295+17.54%Sep 18, 2026
Citi
Citi
Buy
Reiterates
$345$310
BuyReiterates$345$310+23.52%Sep 17, 2026
BTIG
BTIG
Buy
Maintains
$350
BuyMaintains$350+39.46%Sep 16, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
28.20B
from 26.89B
Increased by 4.91%
Revenue Next Year
29.68B
from 28.20B
Increased by 5.23%
EPS This Year
12.92
from 12.20
Increased by 5.93%
EPS Next Year
13.98
from 12.92
Increased by 8.16%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
23.22B23.18B25.49B25.92B26.89B28.20B
Revenue Growth
20.90%-0.17%9.97%1.67%3.72%4.91%
Operating Income
10.16B10.37B11.75B11.85B12.40B13.33B
Net Income
7.55B6.18B8.47B8.22B8.56B9.09B
EPS
----12.2012.92
EPS Growth
----4.10%5.93%
Forward PE
26.9225.9024.2123.5523.6119.42
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
----7.19B7.25B
No. Analysts
-----32
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
Avg12.92
Low12.53

EPS Growth

EPS Growth202620272028
High
8.4%
Avg
5.9%
Low
2.7%