McKesson Corporation (MCK)
NYSE: MCK · Real-Time Price · USD
579.74
+0.52 (0.09%)
Dec 20, 2024, 4:00 PM EST - Market closed
McKesson Stock Forecast
Stock Price Forecast
The 13 analysts with 12-month price forecasts for McKesson stock have an average target of 639, with a low estimate of 505 and a high estimate of 713. The average target predicts an increase of 10.22% from the current stock price of 579.74.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for McKesson stock from 13 stock analysts 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 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 6 | 6 | 5 | 5 | 5 | 5 |
| Buy | 6 | 5 | 5 | 5 | 6 | 6 |
| Hold | 2 | 2 | 3 | 3 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 14 | 13 | 13 | 13 | 13 | 13 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Morgan Stanley | Morgan Stanley | Buy Maintains $612 → $642 | Buy | Maintains | $612 → $642 | +10.74% | Dec 17, 2024 |
| Wells Fargo | Wells Fargo | Hold Maintains $535 → $641 | Hold | Maintains | $535 → $641 | +10.57% | Dec 13, 2024 |
| Citigroup | Citigroup | Strong Buy Maintains $630 → $713 | Strong Buy | Maintains | $630 → $713 | +22.99% | Nov 13, 2024 |
| Evercore ISI Group | Evercore ISI Group | Buy Maintains $560 → $680 | Buy | Maintains | $560 → $680 | +17.29% | Nov 7, 2024 |
| Baird | Baird | Hold → Buy Upgrades $531 → $688 | Hold → Buy | Upgrades | $531 → $688 | +18.67% | Nov 7, 2024 |
Financial Forecast
Revenue This Year
363.57B
from 308.95B
Increased by 17.68%
Revenue Next Year
398.18B
from 363.57B
Increased by 9.52%
EPS This Year
33.03
from 22.39
Increased by 47.53%
EPS Next Year
37.09
from 33.03
Increased by 12.30%
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 381.5B | 435.0B | 460.5B | ||
| Avg | 363.6B | 398.2B | 426.0B | ||
| Low | 349.4B | 371.2B | 395.2B |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 23.5% | 19.7% | 15.6% | ||
| Avg | 17.7% | 9.5% | 7.0% | ||
| Low | 13.1% | 2.1% | -0.8% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 34.55 | 39.78 | 44.77 | ||
| Avg | 33.03 | 37.09 | 41.24 | ||
| Low | 31.85 | 35.23 | 37.61 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 54.3% | 20.4% | 20.7% | ||
| Avg | 47.5% | 12.3% | 11.2% | ||
| Low | 42.3% | 6.7% | 1.4% |
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.