McDonald's Corporation (MCD)
NYSE: MCD · Real-Time Price · USD
339.76
-1.30 (-0.38%)
Mar 2, 2026, 10:29 AM EST - Market open

McDonald's Stock Forecast

Stock Price Forecast

The 26 analysts with 12-month price forecasts for McDonald's stock have an average target of 340.12, with a low estimate of 260 and a high estimate of 380. The average target predicts an increase of 0.11% from the current stock price of 339.76.

Analyst Consensus: Buy
Target Low Average Median High
Price $260 $340.12 $340 $380
Change -23.48% +0.11% +0.07% +11.84%

Analyst Ratings

The average analyst rating for McDonald's stock from 26 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 Sep '25Oct '25Nov '25Dec '25Jan '26Feb '26
Strong Buy 433337
Buy 766677
Hold 121514141411
Sell 000000
Strong Sell 111111
Total 242524242526

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
JP Morgan
JP Morgan
Buy
Maintains
$305$325
Buy Maintains $305$325 -4.34% Feb 24, 2026
Argus Research
Argus Research
Strong Buy
Upgrades
$380
Strong Buy Upgrades $380 +11.84% Feb 13, 2026
Guggenheim
Guggenheim
Hold
Maintains
$325$320
Hold Maintains $325$320 -5.82% Feb 13, 2026
Jefferies
Jefferies
Strong Buy
Maintains
$360$375
Strong Buy Maintains $360$375 +10.37% Feb 12, 2026
Citigroup
Citigroup
Strong Buy
Maintains
$371$375
Strong Buy Maintains $371$375 +10.37% Feb 12, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
29.13B
from 26.89B
Increased by 8.35%
Revenue Next Year
30.80B
from 29.13B
Increased by 5.73%
EPS This Year
13.40
from 11.95
Increased by 12.10%
EPS Next Year
14.56
from 13.40
Increased by 8.67%
Fiscal Year FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026 FY 2027
Period Ending Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026 Dec 31, 2027
Revenue
23.22B23.18B25.49B25.92B26.89B29.13B30.80B
Revenue Growth
20.90%-0.17%9.97%1.67%3.72%8.35%5.73%
EPS
10.048.3311.5611.3911.9513.4014.56
EPS Growth
59.11%-17.03%38.78%-1.47%4.92%12.10%8.67%
Forward PE
-----25.3623.34
No. Analysts -----4027
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20262027202820292030
High 32.2B 34.3B
Avg 29.1B 30.8B
Low 27.7B 29.0B

Revenue Growth

Revenue Growth 20262027202820292030
High
19.9%
17.9%
Avg
8.4%
5.7%
Low
3.0%
-0.4%

EPS Forecast

EPS 20262027202820292030
High 14.28 15.91
Avg 13.40 14.56
Low 12.38 12.80

EPS Growth

EPS Growth 20262027202820292030
High
19.5%
18.8%
Avg
12.1%
8.7%
Low
3.6%
-4.4%
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.