McKesson Stock Forecast

Stock Price Forecast

According to 18 analysts polled by S&P Global, McKesson stock has a consensus rating of "Buy" and an average price target of $986.94. The average 1-year stock price forecast is 17.67% higher than the current stock price, while the lowest is $845 (+0.75%) and the highest is $1,080 (+28.76%).

Price Target: $986.94 (+17.67%)

Analyst Consensus: Buy

Price Target

Chart

Target	Low	Average	Median	High
Price	$845	$986.94	$1,000	$1,080
Change	+0.75%	+17.67%	+19.23%	+28.76%

Analyst Ratings

The average analyst rating for McKesson stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Chart

Rating	Mar '26	Apr '26	May '26	Jun '26	Jul '26	Aug '26
Strong Buy	10	11	11	11	11	11
Buy	3	3	4	4	3	3
Hold	4	3	2	2	3	4
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	17	17	17	17	17	18

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Ryan Halsted RBC Capital	RBC Capital	Hold Initiates $845	Hold	Initiates	$845	+0.75%	Aug 19, 2026
Glen Santangelo Barclays	Barclays	Buy Maintains $925 → $1,000	Buy	Maintains	$925 → $1,000	+19.23%	Aug 19, 2026
Lisa Gill J.P. Morgan	J.P. Morgan	Buy Maintains $1,042	Buy	Maintains	$1,042	+24.23%	Aug 11, 2026
Stephen Baxter Wells Fargo	Wells Fargo	Hold Reiterates $812 → $933	Hold	Reiterates	$812 → $933	+11.24%	Aug 11, 2026
Daniel Grosslight Citi	Citi	Buy Reiterates $1,000	Buy	Reiterates	$1,000	+19.23%	Aug 10, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

431.92B

from 403.43B

7.06%

from 403.43B

Revenue Next Year

462.50B

from 431.92B

7.08%

from 431.92B

EPS This Year

44.62

from 39.11

14.08%

from 39.11

EPS Next Year

50.53

from 44.62

13.26%

from 44.62

Fiscal Year	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Mar 31, 2022	Mar 31, 2023	Mar 31, 2024	Mar 31, 2025	Mar 31, 2026	Mar 31, 2027
Revenue	263.97B	276.71B	308.95B	359.05B	403.43B	431.92B
Revenue Growth	10.80%	4.83%	11.65%	16.22%	12.36%	7.06%
Gross Profit	13.08B	12.23B	12.58B	12.94B	14.53B	15.72B
Gross Margin	4.96%	4.42%	4.07%	3.60%	3.60%	3.64%
Operating Income	4.15B	4.32B	4.57B	4.94B	6.29B	7.05B
Net Income	1.11B	3.56B	3.00B	3.30B	4.76B	4.69B
EPS	-	-	-	-	39.11	44.62
EPS Growth	-	-	-	-	18.34%	14.08%
Forward PE	13.44	13.59	18.47	18.47	19.99	18.80
Dividend / Share	1.83	2.09	2.40	2.75	3.17	3.64
Dividend Growth	9.58%	14.21%	14.83%	14.58%	15.27%	14.80%
Free Cash Flow	3.72B	5.17B	4.41B	4.78B	5.66B	4.73B
No. Analysts	-	-	-	-	-	15

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

Revenue Forecast

Chart

Revenue	2027	2028	2029
High	433.4B
Avg	431.9B
Low	428.2B

Revenue Growth

Chart

Revenue Growth	2027	2028	2029
High	7.4%
Avg	7.1%
Low	6.1%

EPS Forecast

Chart

EPS	2027	2028	2029
High	45.25
Avg	44.62
Low	44.30

EPS Growth

Chart

EPS Growth	2027	2028	2029
High	15.7%
Avg	14.1%
Low	13.3%