McKesson Corporation (MCK)

McKesson Stock Forecast

Stock Price Forecast

The 12 analysts that cover McKesson stock have a consensus rating of "Strong Buy" and an average price target of $699.75, which forecasts a -3.29% decrease in the stock price over the next year. The lowest target is $579 and the highest is $805.

Price Target: $699.75 (-3.29%)

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	$579	$699.75	$688	$805
Change	-19.98%	-3.29%	-4.91%	+11.26%

Analyst Ratings

The average analyst rating for McKesson stock is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

Rating	Jan '25	Feb '25	Mar '25	Apr '25	May '25	Jun '25
Strong Buy	6	6	6	6	5	5
Buy	5	5	5	5	5	5
Hold	2	2	1	2	2	2
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	13	13	12	13	12	12

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Erin Wright Morgan Stanley	Morgan Stanley	Buy Maintains $745 → $770	Buy	Maintains	$745 → $770	+6.42%	Jun 11, 2025
Stephen Baxter Wells Fargo	Wells Fargo	Hold Maintains $691 → $766	Hold	Maintains	$691 → $766	+5.87%	Jun 3, 2025
Michael Cherny B of A Securities	B of A Securities	Strong Buy Maintains $755 → $800	Strong Buy	Maintains	$755 → $800	+10.57%	May 9, 2025
Kevin Caliendo UBS	UBS	Strong Buy Maintains $708 → $805	Strong Buy	Maintains	$708 → $805	+11.26%	Apr 29, 2025
Michael Cherny B of A Securities	B of A Securities	Strong Buy Maintains $665 → $755	Strong Buy	Maintains	$665 → $755	+4.35%	Apr 11, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

410.03B

Increased by 14.20%

from 359.05B

Revenue Next Year

442.28B

Increased by 7.87%

from 410.03B

EPS This Year

37.68

Increased by 46.50%

from 25.72

EPS Next Year

42.25

Increased by 12.13%

from 37.68

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027	FY 2028
Period Ending	Mar 31, 2021	Mar 31, 2022	Mar 31, 2023	Mar 31, 2024	Mar 31, 2025	Mar 31, 2026	Mar 31, 2027	Mar 31, 2028
Revenue	238.23B	263.97B	276.71B	308.95B	359.05B	410.03B	442.28B	474.94B
Revenue Growth	3.11%	10.80%	4.83%	11.65%	16.22%	14.20%	7.87%	7.38%
EPS	-28.27	7.23	25.03	22.39	25.72	37.68	42.25	47.64
EPS Growth	-	-	246.30%	-10.54%	14.87%	46.50%	12.13%	12.75%
Forward PE	-	-	-	-	-	19.20	17.12	15.19
No. Analysts	-	-	-	-	-	19	16	9

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2026	2027	2028	2029
High	432.3B	490.0B	546.5B
Avg	410.0B	442.3B	474.9B
Low	392.6B	415.1B	438.7B

Revenue Growth

Revenue Growth	2026	2027	2028	2029
High	20.4%	19.5%	23.6%
Avg	14.2%	7.9%	7.4%
Low	9.4%	1.2%	-0.8%

EPS Forecast

EPS	2026	2027	2028
High	39.62	44.84	51.01
Avg	37.68	42.25	47.64
Low	36.26	40.02	43.81

EPS Growth

EPS Growth	2026	2027	2028
High	54.0%	19.0%	20.7%
Avg	46.5%	12.1%	12.8%
Low	41.0%	6.2%	3.7%

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.