McDonald's Corporation (MCD)
NYSE: MCD · Real-Time Price · USD
292.39
+2.18 (0.75%)
At close: Apr 28, 2026, 4:00 PM EDT
292.60
+0.21 (0.07%)
After-hours: Apr 28, 2026, 7:59 PM EDT

McDonald's Stock Forecast

Stock Price Forecast

The 29 analysts with 12-month price forecasts for McDonald's stock have an average target of 344.17, with a low estimate of 305 and a high estimate of 385. The average target predicts an increase of 17.71% from the current stock price of 292.39.

Analyst Consensus: Buy
Target Low Average Median High
Price $305 $344.17 $345 $385
Change +4.31% +17.71% +17.99% +31.67%

Analyst Ratings

The average analyst rating for McDonald's stock from 29 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 '25Dec '25Jan '26Feb '26Mar '26Apr '26
Strong Buy 333788
Buy 667789
Hold 141414111112
Sell 000000
Strong Sell 111110
Total 242425262829

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
BTIG
BTIG
Strong Buy
Reiterates
$370
Strong Buy Reiterates $370 +26.54% Apr 28, 2026
Rothschild & Co
Rothschild & Co
Hold
Upgrades
$260$306
Hold Upgrades $260$306 +4.65% Apr 23, 2026
Morgan Stanley
Morgan Stanley
Hold
Maintains
$335$334
Hold Maintains $335$334 +14.23% Apr 21, 2026
Keybanc
Keybanc
Buy
Maintains
$354$345
Buy Maintains $354$345 +17.99% Apr 20, 2026
Tigress Financial
Tigress Financial
Strong Buy
Maintains
$360$385
Strong Buy Maintains $360$385 +31.67% Mar 6, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
28.94B
from 26.89B
Increased by 7.65%
Revenue Next Year
30.68B
from 28.94B
Increased by 6.00%
EPS This Year
13.36
from 11.95
Increased by 11.84%
EPS Next Year
14.55
from 13.36
Increased by 8.89%
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
23.22B23.18B25.49B25.92B26.89B28.94B30.68B
Revenue Growth
20.90%-0.17%9.97%1.67%3.72%7.65%6.00%
EPS
10.048.3311.5611.3911.9513.3614.55
EPS Growth
59.11%-17.03%38.78%-1.47%4.92%11.84%8.89%
Forward PE
-----21.8820.09
No. Analysts -----3939
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20262027202820292030203120322033
High 30.7B 32.8B
Avg 28.9B 30.7B
Low 26.2B 28.7B

Revenue Growth

Revenue Growth 20262027202820292030203120322033
High
14.0%
13.5%
Avg
7.7%
6.0%
Low
-2.7%
-0.8%

EPS Forecast

EPS 20262027202820292030203120322033
High 14.29 15.90
Avg 13.36 14.55
Low 12.69 13.75

EPS Growth

EPS Growth 20262027202820292030203120322033
High
19.6%
18.9%
Avg
11.8%
8.9%
Low
6.2%
2.9%
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.