McKesson Corporation (MCK)
NYSE: MCK · IEX Real-Time Price · USD
525.92
-2.43 (-0.46%)
Apr 17, 2024, 4:00 PM EDT - Market closed
McKesson Stock Forecast
Stock Price Forecast
The 13 analysts with 12-month price forecasts for McKesson stock have an average target of 525.15, with a low estimate of 420 and a high estimate of 620. The average target predicts a decrease of -0.15% from the current stock price of 525.92.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for McKesson stock from 13 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 4 | 4 | 3 | 3 | 3 |
| Buy | 8 | 8 | 7 | 8 | 8 | 8 |
| Hold | 1 | 2 | 2 | 2 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 13 | 14 | 13 | 13 | 13 | 13 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Morgan Stanley | Morgan Stanley | Buy Maintains $522 → $548 | Buy | Maintains | $522 → $548 | +4.20% | Apr 15, 2024 |
| Argus Research | Argus Research | Strong Buy Maintains $510 → $570 | Strong Buy | Maintains | $510 → $570 | +8.38% | Apr 10, 2024 |
| UBS | UBS | Strong Buy Maintains $575 → $620 | Strong Buy | Maintains | $575 → $620 | +17.89% | Mar 6, 2024 |
| Leerink Partners | Leerink Partners | Buy Initiates $600 | Buy | Initiates | $600 | +14.09% | Feb 26, 2024 |
| Mizuho | Mizuho | Hold Maintains $450 → $505 | Hold | Maintains | $450 → $505 | -3.98% | Feb 9, 2024 |
Financial Forecast
Revenue This Year
315.04B
from 276.71B
Increased by 13.85%
Revenue Next Year
340.21B
from 315.04B
Increased by 7.99%
EPS This Year
27.87
from 25.03
Increased by 11.35%
EPS Next Year
31.32
from 27.87
Increased by 12.36%
Revenue Forecast
| Revenue | 2023 | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|---|
| High | 329.4B | 362.8B | 398.6B | 410.4B | 438.7B |
| Avg | 315.0B | 340.2B | 364.1B | 380.8B | 403.7B |
| Low | 303.8B | 326.0B | 343.6B | 355.8B | 373.9B |
Revenue Growth
| Revenue Growth | 2023 | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|---|
| High | 19.0% | 15.2% | 17.2% | 12.7% | 15.2% |
| Avg | 13.9% | 8.0% | 7.0% | 4.6% | 6.0% |
| Low | 9.8% | 3.5% | 1.0% | -2.3% | -1.8% |
EPS Forecast
| EPS | 2023 | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|---|
| High | 29.33 | 33.18 | 40.24 | 42.53 | 48.53 |
| Avg | 27.87 | 31.32 | 35.54 | 40.91 | 46.68 |
| Low | 26.76 | 29.47 | 32.40 | 39.69 | 45.30 |
EPS Growth
| EPS Growth | 2023 | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|---|
| High | 17.2% | 19.1% | 28.5% | 19.7% | 18.6% |
| Avg | 11.4% | 12.4% | 13.5% | 15.1% | 14.1% |
| Low | 6.9% | 5.7% | 3.5% | 11.7% | 10.7% |
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.