McDonald's (MCD) Stock Forecast, Price Target & Predictions
MCD Stock Forecast
McDonald's stock forecast is as follows: an average price target of $310.82 (represents a 5.29% upside from MCD’s last price of $295.21) and a rating consensus of 'Buy', based on 33 wall street analysts offering a 1-year stock forecast.
MCD Price Target
MCD Analyst Ratings
McDonald's Price Target by Analyst
Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
---|---|---|---|---|---|---|
Oct 30, 2024 | Andrew Strelzik | BMO Capital | $335.00 | $291.52 | 14.91% | 13.48% |
Oct 29, 2024 | Jake Bartlett | Truist Financial | $342.00 | $295.00 | 15.93% | 15.85% |
Oct 29, 2024 | David Tarantino | Robert W. Baird | $290.00 | $296.79 | -2.29% | -1.76% |
Oct 23, 2024 | Nick Setyan | Wedbush | $295.00 | $297.62 | -0.88% | -0.07% |
Oct 23, 2024 | Christine Cho | Goldman Sachs | $325.00 | $314.69 | 3.28% | 10.09% |
Oct 23, 2024 | Gregory Francfort | Guggenheim | $285.00 | $314.69 | -9.43% | -3.46% |
Oct 23, 2024 | David Palmer | Evercore ISI | $340.00 | $314.69 | 8.04% | 15.17% |
Oct 21, 2024 | Sara Senatore | Bank of America Securities | $322.00 | $316.56 | 1.72% | 9.07% |
Oct 15, 2024 | Brian Harbour | Morgan Stanley | $340.00 | $313.34 | 8.51% | 15.17% |
Oct 09, 2024 | Dennis Geiger | UBS | $345.00 | $301.90 | 14.28% | 16.87% |
McDonald's Price Target by Period
1M | 3M | 12M | |
---|---|---|---|
# Anlaysts | 11 | 13 | 41 |
Avg Price Target | $322.64 | $320.54 | $318.37 |
Last Closing Price | $295.21 | $295.21 | $295.21 |
Upside/Downside | 9.29% | 8.58% | 7.85% |
Analyst Ratings Upgrades/Downgrades
Date | Company | Previous Rating | New Rating | Rating Change |
---|---|---|---|---|
Oct 30, 2024 | BMO Capital | Outperform | Outperform | Hold |
Oct 29, 2024 | Wells Fargo | Overweight | Overweight | Hold |
Oct 28, 2024 | KeyBanc | Overweight | Overweight | Hold |
Oct 23, 2024 | Wedbush | Outperform | Outperform | Hold |
Oct 23, 2024 | Goldman Sachs | Neutral | Neutral | Hold |
Oct 23, 2024 | Guggenheim | Buy | Neutral | Downgrade |
Oct 23, 2024 | Raymond James | Market Perform | Market Perform | Hold |
Oct 23, 2024 | BTIG | Neutral | Neutral | Hold |
Oct 22, 2024 | Barclays | Overweight | Overweight | Hold |
Oct 18, 2024 | Loop Capital Markets | Buy | Buy | Hold |
McDonald's Financial Forecast
McDonald's Revenue Forecast
Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | $6.69B | $6.50B | $5.90B | $5.93B | $5.87B | $5.72B | $5.67B | $6.01B | $6.20B | $5.89B | $5.12B | $5.31B | $5.42B | $3.76B | $4.71B | $5.35B | $5.43B |
Avg Forecast | $7.20B | $7.39B | $7.06B | $6.54B | $6.87B | $7.04B | $6.73B | $6.29B | $6.52B | $6.82B | $6.62B | $6.16B | $6.45B | $6.56B | $6.30B | $5.58B | $5.72B | $5.70B | $5.80B | $5.57B | $6.02B | $6.05B | $5.58B | $5.04B | $5.36B | $5.40B | $3.70B | $4.67B | $5.31B | $5.49B |
High Forecast | $7.38B | $7.57B | $7.23B | $6.70B | $7.04B | $7.21B | $6.89B | $6.36B | $6.59B | $6.84B | $6.62B | $6.16B | $6.70B | $6.75B | $6.45B | $5.72B | $5.86B | $5.70B | $5.80B | $5.57B | $6.02B | $6.05B | $5.58B | $5.04B | $5.36B | $5.40B | $3.70B | $4.67B | $5.31B | $5.49B |
Low Forecast | $7.04B | $7.22B | $6.90B | $6.40B | $6.72B | $6.89B | $6.58B | $6.23B | $6.44B | $6.80B | $6.62B | $6.16B | $6.32B | $6.35B | $6.16B | $5.46B | $5.59B | $5.70B | $5.80B | $5.57B | $6.02B | $6.05B | $5.58B | $5.04B | $5.36B | $5.40B | $3.70B | $4.67B | $5.31B | $5.49B |
# Analysts | 9 | 7 | 11 | 7 | 6 | 12 | 6 | 14 | 17 | 15 | 6 | 6 | 12 | 22 | 11 | 11 | 16 | 10 | 10 | 18 | 11 | 13 | 21 | 11 | 15 | 8 | 7 | 6 | 5 | 5 |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.02% | 1.03% | 1.06% | 1.04% | 1.03% | 0.99% | 1.02% | 1.00% | 1.02% | 1.05% | 1.02% | 0.99% | 1.00% | 1.02% | 1.01% | 1.01% | 0.99% |
McDonald's EBITDA Forecast
Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 9 | 7 | 11 | 7 | 6 | 12 | 6 | 14 | 17 | 15 | 6 | 6 | 12 | 22 | 11 | 11 | 16 | 10 | 10 | 18 | 11 | 13 | 21 | 11 | 15 | 8 | 7 | 6 | 5 | 5 |
EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | $3.36B | $3.24B | $2.70B | $2.75B | $2.94B | $1.79B | $2.00B | $2.88B | $3.45B | $3.14B | $2.71B | $2.62B | $2.96B | $1.39B | $2.15B | $2.72B | $2.85B |
Avg Forecast | $3.13B | $3.21B | $3.06B | $2.84B | $2.98B | $3.06B | $2.92B | $2.73B | $2.83B | $2.96B | $2.88B | $2.65B | $2.80B | $2.85B | $2.73B | $2.41B | $2.87B | $2.48B | $2.52B | $2.19B | $2.62B | $2.63B | $2.42B | $2.54B | $2.33B | $2.34B | $1.61B | $2.28B | $2.30B | $2.38B |
High Forecast | $3.20B | $3.29B | $3.14B | $2.91B | $3.06B | $3.13B | $2.99B | $2.76B | $2.86B | $2.97B | $2.88B | $3.18B | $2.91B | $2.93B | $2.80B | $2.89B | $3.44B | $2.48B | $2.52B | $2.63B | $2.62B | $2.63B | $2.42B | $3.05B | $2.33B | $2.34B | $1.61B | $2.74B | $2.30B | $2.38B |
Low Forecast | $3.06B | $3.14B | $3.00B | $2.78B | $2.92B | $2.99B | $2.86B | $2.70B | $2.80B | $2.95B | $2.88B | $2.12B | $2.74B | $2.76B | $2.67B | $1.93B | $2.29B | $2.48B | $2.52B | $1.75B | $2.62B | $2.63B | $2.42B | $2.03B | $2.33B | $2.34B | $1.61B | $1.83B | $2.30B | $2.38B |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.18% | 1.19% | 1.12% | 0.96% | 1.19% | 0.71% | 0.91% | 1.10% | 1.31% | 1.29% | 1.06% | 1.12% | 1.26% | 0.86% | 0.94% | 1.18% | 1.19% |
McDonald's Net Income Forecast
Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 9 | 7 | 11 | 7 | 6 | 12 | 6 | 14 | 17 | 15 | 6 | 6 | 12 | 22 | 11 | 11 | 16 | 10 | 10 | 18 | 11 | 13 | 21 | 11 | 15 | 8 | 7 | 6 | 5 | 5 |
Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | $2.32B | $2.31B | $1.80B | $1.90B | $1.98B | $1.19B | $1.10B | $1.64B | $2.15B | $2.22B | $1.54B | $1.38B | $1.76B | $483.80M | $1.11B | $1.57B | $1.61B |
Avg Forecast | $2.44B | $2.64B | $2.47B | $2.15B | $2.27B | $2.46B | $2.30B | $2.01B | $2.09B | $2.31B | $2.21B | $1.27B | $2.04B | $2.16B | $2.00B | $1.15B | $1.89B | $1.86B | $1.78B | $1.05B | $1.69B | $1.78B | $1.52B | $1.44B | $1.28B | $1.38B | $537.44M | $1.18B | $1.42B | $1.59B |
High Forecast | $2.52B | $2.73B | $2.55B | $2.22B | $2.34B | $2.54B | $2.37B | $2.04B | $2.13B | $2.31B | $2.21B | $1.52B | $2.06B | $2.35B | $2.07B | $1.38B | $2.26B | $1.86B | $1.78B | $1.26B | $1.69B | $1.78B | $1.52B | $1.73B | $1.28B | $1.38B | $537.44M | $1.41B | $1.42B | $1.59B |
Low Forecast | $2.37B | $2.57B | $2.40B | $2.09B | $2.21B | $2.39B | $2.23B | $1.96B | $2.03B | $2.30B | $2.21B | $1.01B | $1.99B | $2.08B | $1.95B | $922.61M | $1.51B | $1.86B | $1.78B | $838.73M | $1.69B | $1.78B | $1.52B | $1.16B | $1.28B | $1.38B | $537.44M | $941.92M | $1.42B | $1.59B |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.07% | 1.15% | 1.56% | 1.01% | 1.06% | 0.67% | 1.05% | 0.97% | 1.21% | 1.46% | 1.06% | 1.08% | 1.28% | 0.90% | 0.94% | 1.11% | 1.01% |
McDonald's SG&A Forecast
Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 9 | 7 | 11 | 7 | 6 | 12 | 6 | 14 | 17 | 15 | 6 | 6 | 12 | 22 | 11 | 11 | 16 | 10 | 10 | 18 | 11 | 13 | 21 | 11 | 15 | 8 | 7 | 6 | 5 | 5 |
SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | $583.50M | $567.50M | $553.30M | $720.30M | $576.40M | $611.20M | $584.30M | $755.40M | $559.60M | $572.40M | $490.40M | $698.00M | $454.70M | $576.00M | $516.30M | $653.60M | $543.60M |
Avg Forecast | $760.39M | $780.30M | $745.42M | $691.16M | $725.89M | $743.73M | $710.57M | $664.84M | $689.00M | $720.02M | $699.48M | $671.16M | $681.01M | $693.07M | $664.85M | $610.15M | $870.00M | $601.96M | $612.69M | $554.68M | $636.23M | $639.08M | $589.70M | $460.60M | $566.32M | $570.11M | $390.68M | $549.19M | $560.38M | $579.56M |
High Forecast | $779.05M | $799.45M | $763.71M | $708.12M | $743.70M | $761.98M | $728.01M | $672.22M | $696.35M | $722.23M | $699.48M | $805.40M | $707.32M | $712.60M | $681.17M | $732.18M | $1.04B | $601.96M | $612.69M | $665.62M | $636.23M | $639.08M | $589.70M | $552.72M | $566.32M | $570.11M | $390.68M | $659.02M | $560.38M | $579.56M |
Low Forecast | $743.58M | $763.05M | $728.94M | $675.88M | $709.84M | $727.28M | $694.86M | $657.47M | $680.60M | $717.81M | $699.48M | $536.93M | $667.33M | $670.15M | $650.15M | $488.12M | $696.00M | $601.96M | $612.69M | $443.74M | $636.23M | $639.08M | $589.70M | $368.48M | $566.32M | $570.11M | $390.68M | $439.35M | $560.38M | $579.56M |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.84% | 0.85% | 0.91% | 0.83% | 0.96% | 1.00% | 1.05% | 1.19% | 0.88% | 0.97% | 1.06% | 1.23% | 0.80% | 1.47% | 0.94% | 1.17% | 0.94% |
McDonald's EPS Forecast
Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 9 | 7 | 11 | 7 | 6 | 12 | 6 | 14 | 17 | 15 | 6 | 6 | 12 | 22 | 11 | 11 | 16 | 10 | 10 | 18 | 11 | 13 | 21 | 11 | 15 | 8 | 7 | 6 | 5 | 5 |
EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | $3.18 | $3.16 | $2.47 | $2.60 | $2.71 | $1.61 | $1.49 | $2.20 | $2.88 | $2.97 | $2.06 | $1.85 | $2.37 | $0.65 | $1.49 | $2.11 | $2.14 |
Avg Forecast | $3.40 | $3.67 | $3.43 | $2.98 | $3.16 | $3.42 | $3.19 | $2.79 | $2.90 | $3.21 | $3.07 | $2.72 | $2.83 | $3.00 | $2.78 | $2.33 | $2.46 | $2.58 | $2.47 | $2.17 | $2.34 | $2.46 | $2.11 | $1.81 | $1.77 | $1.91 | $0.74 | $1.58 | $1.96 | $2.21 |
High Forecast | $3.50 | $3.79 | $3.54 | $3.08 | $3.26 | $3.53 | $3.29 | $2.84 | $2.96 | $3.22 | $3.07 | $2.72 | $2.86 | $3.27 | $2.87 | $2.41 | $2.53 | $2.58 | $2.47 | $2.17 | $2.34 | $2.46 | $2.11 | $1.81 | $1.77 | $1.91 | $0.74 | $1.58 | $1.96 | $2.21 |
Low Forecast | $3.30 | $3.57 | $3.34 | $2.90 | $3.07 | $3.32 | $3.10 | $2.72 | $2.81 | $3.20 | $3.07 | $2.72 | $2.77 | $2.90 | $2.70 | $2.27 | $2.38 | $2.58 | $2.47 | $2.17 | $2.34 | $2.46 | $2.11 | $1.81 | $1.77 | $1.91 | $0.74 | $1.58 | $1.96 | $2.21 |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.06% | 1.13% | 1.06% | 1.06% | 1.05% | 0.65% | 0.69% | 0.94% | 1.17% | 1.41% | 1.14% | 1.04% | 1.24% | 0.87% | 0.94% | 1.07% | 0.97% |
McDonald's Peer Comparison by Price Target
Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
---|---|---|---|---|---|
JACK | Jack in the Box | $50.37 | $76.08 | 51.04% | Buy |
PZZA | Papa John's | $55.26 | $81.70 | 47.85% | Buy |
YUMC | Yum China | $45.07 | $64.49 | 43.09% | Buy |
BROS | Dutch Bros | $33.40 | $40.67 | 21.77% | Buy |
WEN | Wendy's Company | $19.66 | $22.96 | 16.79% | Buy |
WING | Wingstop | $296.94 | $346.44 | 16.67% | Buy |
DPZ | Domino's Pizza | $425.83 | $479.53 | 12.61% | Buy |
QSR | Restaurant Brands | $69.98 | $78.32 | 11.92% | Buy |
SBUX | Starbucks | $98.87 | $110.59 | 11.85% | Buy |
DRI | Darden Restaurants | $159.65 | $178.34 | 11.71% | Buy |
YUM | Yum! Brands | $132.34 | $144.68 | 9.32% | Buy |
MCD | McDonald's | $295.21 | $310.82 | 5.29% | Buy |
CMG | Chipotle Mexican Grill | $58.59 | $55.49 | -5.29% | Buy |
SHAK | Shake Shack | $124.10 | $109.19 | -12.01% | Hold |
MCD Forecast FAQ
Is McDonald's a good buy?
Yes, according to 33 Wall Street analysts, McDonald's (MCD) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 24 'Buy' recommendations, accounting for 72.73% of MCD's total ratings.
What is MCD's price target?
McDonald's (MCD) average price target is $310.82 with a range of $257 to $445, implying a 5.29% from its last price of $295.21. The data is based on 33 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will McDonald's stock go up soon?
According to Wall Street analysts' prediction for MCD stock, the company can go up by 5.29% (from the last price of $295.21 to the average price target of $310.82), up by 50.74% based on the highest stock price target, and down by -12.94% based on the lowest stock price target.
Can McDonald's stock reach $400?
MCD's highest twelve months analyst stock price target of $445 supports the claim that McDonald's can reach $400 in the near future.
What is McDonald's's current price target trend?
11 Wall Street analysts forecast a $322.64 price target for McDonald's (MCD) this month, up 9.29% from its last price of $295.21. Compared to the last 3 and 12 months, the average price target increased by 8.58% and increased by 7.85%, respectively.
What are McDonald's's analysts' financial forecasts?
McDonald's's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $26.94B (high $27.51B, low $26.41B), average EBITDA is $11.7B (high $11.95B, low $11.47B), average net income is $9.04B (high $9.3B, low $8.79B), average SG&A $2.85B (high $2.91B, low $2.79B), and average EPS is $12.55 (high $12.92, low $12.2). MCD's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $28.19B (high $28.88B, low $27.57B), average EBITDA is $12.24B (high $12.54B, low $11.97B), average net income is $9.71B (high $10.02B, low $9.43B), average SG&A $2.98B (high $3.05B, low $2.91B), and average EPS is $13.49 (high $13.92, low $13.1).
Did the MCD's actual financial results beat the analysts' financial forecasts?
Based on McDonald's's last annual report (Dec 2022), the company's revenue was $23.18B, beating the average analysts forecast of $22.79B by 1.72%. Apple's EBITDA was $10.36B, beating the average prediction of $10.05B by 3.01%. The company's net income was $6.18B, missing the average estimation of $6.58B by -6.11%. Apple's SG&A was $2.49B, missing the average forecast of $2.64B by -5.57%. Lastly, the company's EPS was $8.45, missing the average prediction of $9.67 by -12.60%. In terms of the last quarterly report (Sep 2023), McDonald's's revenue was $6.69B, beating the average analysts' forecast of $6.56B by 1.98%. The company's EBITDA was $3.36B, beating the average prediction of $2.85B by 17.94%. McDonald's's net income was $2.32B, beating the average estimation of $2.16B by 7.23%. The company's SG&A was $583.5M, missing the average forecast of $693.07M by -15.81%. Lastly, the company's EPS was $3.18, beating the average prediction of $3 by 5.96%