McKesson Stock Forecast

Stock Price Forecast

The 13 analysts with 12-month price forecasts for McKesson stock have an average target of 623.62, with a low estimate of 505 and a high estimate of 713. The average target predicts an increase of 2.65% from the current stock price of 607.52.

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	$505	$623.62	$630	$713
Change	-16.88%	+2.65%	+3.70%	+17.36%

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	Jun '24	Jul '24	Aug '24	Sep '24	Oct '24	Nov '24
Strong Buy	6	6	6	5	5	5
Buy	6	6	5	5	5	6
Hold	2	2	2	3	3	2
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	14	14	13	13	13	13

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Daniel Grosslight Citigroup	Citigroup	Strong Buy Maintains $630 → $713	Strong Buy	Maintains	$630 → $713	+17.36%	Nov 13, 2024
Elizabeth Anderson Evercore ISI Group	Evercore ISI Group	Buy Maintains $560 → $680	Buy	Maintains	$560 → $680	+11.93%	Nov 7, 2024
Eric Coldwell Baird	Baird	Hold → Buy Upgrades $531 → $688	Hold → Buy	Upgrades	$531 → $688	+13.25%	Nov 7, 2024
Michael Cherny Leerink Partners	Leerink Partners	Buy Maintains $665 → $630	Buy	Maintains	$665 → $630	+3.70%	Oct 7, 2024
George Hill Deutsche Bank	Deutsche Bank	Strong Buy Maintains $623 → $579	Strong Buy	Maintains	$623 → $579	-4.69%	Sep 25, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

364.97B

from 308.95B

18.13%

from 308.95B

Revenue Next Year

396.38B

from 364.97B

8.61%

from 364.97B

EPS This Year

33.04

from 22.39

47.57%

from 22.39

EPS Next Year

37.13

from 33.04

12.39%

from 33.04

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Mar 31, 2020	Mar 31, 2021	Mar 31, 2022	Mar 31, 2023	Mar 31, 2024	Mar 31, 2025	Mar 31, 2026	Mar 31, 2027
Revenue	231.05B	238.23B	263.97B	276.71B	308.95B	364.97B	396.38B	423.09B
Revenue Growth	7.81%	3.11%	10.80%	4.83%	11.65%	18.13%	8.61%	6.74%
EPS	4.96	-28.27	7.23	25.03	22.39	33.04	37.13	41.64
EPS Growth	2,761.92%	-	-	246.30%	-10.54%	47.57%	12.39%	12.13%
Forward PE	-	-	-	-	-	18.39	16.36	14.59
No. Analysts	-	-	-	-	-	21	19	13

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

Revenue Forecast

Revenue	2025	2026	2027
High	399.6B	434.7B	460.5B
Avg	365.0B	396.4B	423.1B
Low	349.4B	371.2B	395.2B

Revenue Growth

Revenue Growth	2025	2026	2027
High	29.3%	19.1%	16.2%
Avg	18.1%	8.6%	6.7%
Low	13.1%	1.7%	-0.3%

EPS Forecast

EPS	2025	2026	2027
High	34.55	39.78	46.61
Avg	33.04	37.13	41.64
Low	31.85	35.23	37.61

EPS Growth

EPS Growth	2025	2026	2027
High	54.3%	20.4%	25.5%
Avg	47.6%	12.4%	12.1%
Low	42.3%	6.6%	1.3%

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.