McKesson Stock Forecast

Stock Price Forecast

According to 16 analysts polled by S&P Global, McKesson stock has a consensus rating of "Buy" and an average price target of $1,144. The average 1-year stock price forecast is 5.97% higher than the current stock price, while the lowest is $965 (-10.63%) and the highest is $1,260 (+16.69%).

Price Target: $1,144 (+5.97%)

Analyst Consensus: Buy

Price Target

Chart

Target	Low	Average	Median	High
Price	$965	$1,144	$1,200	$1,260
Change	-10.63%	+5.97%	+11.13%	+16.69%

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	Jun '26	Jul '26	Aug '26	Sep '26	Oct '26	Nov '26
Strong Buy	11	11	11	10	10	10
Buy	4	3	3	3	3	3
Hold	2	3	4	4	3	3
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	17	17	18	17	16	16

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Allen Lutz Bank of America Securities	Bank of America Securities	Buy Maintains $1,250	Buy	Maintains	$1,250	+15.76%	Nov 10, 2026
Lisa Gill J.P. Morgan	J.P. Morgan	Buy Maintains $1,042 → $1,255	Buy	Maintains	$1,042 → $1,255	+16.23%	Nov 10, 2026
Steven Valiquette Mizuho Securities	Mizuho Securities	Hold Maintains $1,020 → $1,050	Hold	Maintains	$1,020 → $1,050	-2.76%	Nov 5, 2026
Unknown Analyst Leerink Partners No rating	Leerink Partners	Buy Reiterates $1,070 → $1,200	Buy	Reiterates	$1,070 → $1,200	+11.13%	Nov 5, 2026
Kevin Caliendo UBS	UBS	Buy Reiterates $1,200 → $1,250	Buy	Reiterates	$1,200 → $1,250	+15.76%	Nov 5, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

435.28B

from 403.43B

7.90%

from 403.43B

Revenue Next Year

465.37B

from 435.28B

6.91%

from 435.28B

EPS This Year

45.75

from 39.11

16.98%

from 39.11

EPS Next Year

52.20

from 45.75

14.08%

from 45.75

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	435.28B
Revenue Growth	10.80%	4.83%	11.65%	16.22%	12.36%	7.90%
Gross Profit	13.08B	12.23B	12.58B	12.94B	14.53B	15.86B
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	7.13B
Net Income	1.11B	3.56B	3.00B	3.30B	4.76B	4.59B
EPS	-	-	-	-	39.11	45.75
EPS Growth	-	-	-	-	18.34%	16.98%
Forward PE	13.44	13.59	18.47	18.47	19.99	23.60
Dividend / Share	1.83	2.09	2.40	2.75	3.17	3.41
Dividend Growth	9.58%	14.21%	14.83%	14.58%	15.27%	7.48%
Free Cash Flow	-	-	-	-	5.41B	4.85B
No. Analysts	-	-	-	-	-	14

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

Revenue Forecast

Chart

Revenue	2027	2028	2029
High	439.2B
Avg	435.3B
Low	431.2B

Revenue Growth

Chart

Revenue Growth	2027	2028	2029
High	8.9%
Avg	7.9%
Low	6.9%

EPS Forecast

Chart

EPS	2027	2028	2029
High	46.40
Avg	45.75
Low	44.32

EPS Growth

Chart

EPS Growth	2027	2028	2029
High	18.6%
Avg	17.0%
Low	13.3%