McKesson (MCK) Stock Forecast, Price Target & Predictions

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MCK Stock Forecast

McKesson stock forecast is as follows: an average price target of $522.64 (represents a -16.32% downside from MCK’s last price of $624.60) and a rating consensus of 'Buy', based on 13 wall street analysts offering a 1-year stock forecast.

MCK Price Target

The average price target for McKesson (MCK) is $522.64 based on 1-year price targets from 13 Wall Street analysts in the past 3 months, with a price target range of $688.00 to $257.00. This represents a potential -16.32% downside from MCK's last price of $624.60.

MCK Analyst Ratings

Buy

According to 13 Wall Street analysts, McKesson's rating consensus is 'Buy'. The analyst rating breakdown for MCK stock is 0 'Strong Buy' (0.00%), 10 'Buy' (76.92%), 3 'Hold' (23.08%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

McKesson Price Target by Analyst

Date	Analyst	Company	Price Target	Price when Published	Price Target/Price when Published	Price Target/Last Closing Price
Nov 07, 2024	Eric Coldwell	Robert W. Baird	$688.00	$526.54	30.66%	10.15%
Sep 25, 2024	George Hill	Deutsche Bank	$579.00	$479.16	20.84%	-7.30%
Sep 24, 2024	Eric Coldwell	Robert W. Baird	$531.00	$505.00	5.15%	-14.99%
Sep 13, 2024	Stephen Baxter	Wells Fargo	$535.00	$511.17	4.66%	-14.35%
Sep 06, 2024	Michael Cherny	Leerink Partners	$665.00	$514.75	29.19%	6.47%
Sep 05, 2024	Michael Cherny	Bank of America Securities	$635.00	$526.50	20.61%	1.67%
Aug 08, 2024	Ann Hynes	Mizuho Securities	$570.00	$617.51	-7.69%	-8.74%
Jul 09, 2024	Eric Coldwell	Robert W. Baird	$694.00	$589.53	17.72%	11.11%
Jun 24, 2024	David Toung	Argus Research	$670.00	$608.72	10.07%	7.27%
May 29, 2024	Eric Coldwell	Robert W. Baird	$679.00	$549.26	23.62%	8.71%

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The latest McKesson stock forecast, released on Nov 07, 2024 by Eric Coldwell from Robert W. Baird, set a price target of $688.00, which represents a 30.66% increase from the stock price at the time of the forecast ($526.54), and a 10.15% increase from MCK last price ($624.60).

McKesson Price Target by Period

	1M	3M	12M
# Anlaysts	1	6	16
Avg Price Target	$688.00	$605.50	$587.25
Last Closing Price	$624.60	$624.60	$624.60
Upside/Downside	10.15%	-3.06%	-5.98%

In the current month, the average price target of McKesson stock is $688.00, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a 10.15% increase as opposed to McKesson's last price of $624.60. This month's average price target is up 13.63% compared to last quarter, and up 17.16% compared to last year.

Analyst Ratings Upgrades/Downgrades

Date	Company	Previous Rating	New Rating	Rating Change
Oct 01, 2024	Barclays	Positive	Positive	Hold
Sep 25, 2024	Deutsche Bank	Buy	Buy	Hold
Sep 24, 2024	Wedbush	-	Neutral	Downgrade
Sep 23, 2024	Jefferies	Hold	Hold	Hold
Sep 13, 2024	Wells Fargo	Equal-Weight	Equal-Weight	Hold
Sep 06, 2024	Leerink Partners	Outperform	Outperform	Hold
Sep 05, 2024	Bank of America Securities	Buy	Buy	Hold
Aug 26, 2024	Cowen & Co.	Buy	Buy	Hold
Jul 19, 2024	Citigroup	Buy	Buy	Hold
Jun 18, 2024	Jefferies	Hold	Hold	Hold

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McKesson's last stock rating was published by Barclays on Oct 01, 2024. The company gave MCK a "Positive" rating, the same as its previous rate.

McKesson Financial Forecast

McKesson Revenue Forecast

	Mar 27	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
Revenue	-	-	-	-	-	-	-	-	-	-	-	-	-	$80.90B	$77.22B	$74.48B	$68.91B	$70.49B	$70.16B	$67.15B	$66.10B	$68.61B	$66.58B	$62.67B	$59.14B	$62.60B	$60.81B	$55.68B	$58.53B	$59.17B
Avg Forecast	$104.28B	$109.91B	$107.88B	$95.28B	$96.67B	$102.03B	$99.27B	$89.47B	$90.37B	$95.17B	$89.33B	$82.53B	$79.32B	$77.93B	$76.03B	$70.28B	$68.08B	$71.04B	$70.25B	$64.92B	$63.68B	$66.62B	$63.16B	$60.09B	$61.13B	$61.77B	$59.45B	$53.85B	$55.57B	$59.40B
High Forecast	$106.19B	$111.93B	$109.86B	$97.03B	$98.45B	$103.91B	$101.10B	$91.12B	$91.39B	$97.08B	$89.74B	$82.53B	$79.32B	$79.08B	$77.19B	$71.57B	$69.33B	$72.35B	$70.25B	$64.92B	$63.68B	$66.62B	$63.16B	$60.09B	$61.13B	$61.77B	$59.45B	$53.85B	$55.57B	$59.40B
Low Forecast	$102.28B	$107.81B	$105.82B	$93.46B	$94.82B	$100.08B	$97.38B	$87.76B	$89.31B	$94.09B	$88.92B	$82.53B	$79.32B	$77.11B	$74.44B	$68.94B	$66.78B	$69.69B	$70.25B	$64.92B	$63.68B	$66.62B	$63.16B	$60.09B	$61.13B	$61.77B	$59.45B	$53.85B	$55.57B	$59.40B
# Analysts	3	3	3	4	5	4	5	2	7	7	3	4	4	5	10	9	9	8	8	8	8	9	9	9	9	9	9	9	9	13
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	1.04%	1.02%	1.06%	1.01%	0.99%	1.00%	1.03%	1.04%	1.03%	1.05%	1.04%	0.97%	1.01%	1.02%	1.03%	1.05%	1.00%

McKesson's average Quarter revenue forecast for Mar 24 based on 4 analysts is $79.32B, with a low forecast of $79.32B, and a high forecast of $79.32B. MCK's average Quarter revenue forecast represents a -1.95% decrease compared to the company's last Quarter revenue of $80.90B (Dec 23).

McKesson EBITDA Forecast

	Mar 27	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
# Analysts	3	3	3	4	5	4	5	2	7	7	3	4	4	5	10	9	9	8	8	8	8	9	9	9	9	9	9	9	9	13
EBITDA	-	-	-	-	-	-	-	-	-	-	-	-	-	$642.00M	$951.00M	$1.10B	$1.29B	$1.70B	$1.47B	$1.23B	$1.01B	$457.00M	$639.00M	$779.00M	$1.25B	$-7.13B	$877.00M	$871.00M	$1.45B	$525.00M
Avg Forecast	$1.64B	$1.73B	$1.70B	$1.50B	$1.52B	$1.61B	$1.56B	$1.41B	$1.42B	$1.50B	$1.41B	$1.30B	$1.02B	$1.23B	$1.20B	$1.11B	$925.39M	$434.99M	$1.11B	$1.02B	$841.27M	$1.05B	$994.09M	$945.73M	$1.25B	$972.25M	$935.71M	$847.53M	$1.39B	$934.87M
High Forecast	$1.67B	$1.76B	$1.73B	$1.53B	$1.55B	$1.64B	$1.59B	$1.43B	$1.44B	$1.53B	$1.41B	$1.30B	$1.22B	$1.24B	$1.21B	$1.13B	$1.11B	$521.99M	$1.11B	$1.02B	$1.01B	$1.05B	$994.09M	$945.73M	$1.50B	$972.25M	$935.71M	$847.53M	$1.66B	$934.87M
Low Forecast	$1.61B	$1.70B	$1.67B	$1.47B	$1.49B	$1.58B	$1.53B	$1.38B	$1.41B	$1.48B	$1.40B	$1.30B	$814.35M	$1.21B	$1.17B	$1.09B	$740.31M	$347.99M	$1.11B	$1.02B	$673.01M	$1.05B	$994.09M	$945.73M	$1.00B	$972.25M	$935.71M	$847.53M	$1.11B	$934.87M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	0.52%	0.79%	0.99%	1.40%	3.90%	1.33%	1.20%	1.20%	0.44%	0.64%	0.82%	1.00%	-7.34%	0.94%	1.03%	1.04%	0.56%

4 analysts predict MCK's average Quarter EBITDA for Mar 24 to be $1.02B, with a high of $1.22B and a low of $814.35M. This is 58.56% upper than McKesson's previous annual EBITDA (Dec 23) of $642.00M.

McKesson Net Income Forecast

	Mar 27	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
# Analysts	3	3	3	4	5	4	5	2	7	7	3	4	4	5	10	9	9	8	8	8	8	9	9	9	9	9	9	9	9	13
Net Income	-	-	-	-	-	-	-	-	-	-	-	-	-	$589.00M	$664.00M	$958.00M	$787.00M	$1.08B	$926.00M	$768.00M	$368.00M	$39.00M	$267.00M	$486.00M	$666.00M	$-6.23B	$577.00M	$444.00M	$1.02B	$186.00M
Avg Forecast	$1.51B	$1.39B	$1.26B	$1.21B	$1.34B	$1.23B	$1.10B	$1.06B	$1.20B	$1.10B	$894.49M	$937.11M	$460.76M	$915.50M	$799.38M	$762.71M	$418.87M	$-6.66M	$795.60M	$691.16M	$380.79M	$712.34M	$609.10M	$542.08M	$664.68M	$542.84M	$505.82M	$306.70M	$978.67M	$457.17M
High Forecast	$1.55B	$1.42B	$1.29B	$1.24B	$1.37B	$1.26B	$1.13B	$1.09B	$1.24B	$1.14B	$929.16M	$937.14M	$552.91M	$946.66M	$816.33M	$780.93M	$502.65M	$-5.33M	$795.60M	$691.16M	$456.95M	$712.34M	$609.10M	$542.08M	$797.61M	$542.84M	$505.82M	$306.70M	$1.17B	$457.17M
Low Forecast	$1.48B	$1.36B	$1.23B	$1.18B	$1.31B	$1.20B	$1.08B	$1.04B	$1.17B	$1.06B	$859.83M	$937.08M	$368.61M	$890.82M	$777.21M	$743.77M	$335.10M	$-8.00M	$795.60M	$691.16M	$304.64M	$712.34M	$609.10M	$542.08M	$531.74M	$542.84M	$505.82M	$306.70M	$782.93M	$457.17M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	0.64%	0.83%	1.26%	1.88%	-161.94%	1.16%	1.11%	0.97%	0.05%	0.44%	0.90%	1.00%	-11.47%	1.14%	1.45%	1.04%	0.41%

McKesson's average Quarter net income forecast for Mar 24 is $460.76M, with a range of $368.61M to $552.91M. MCK's average Quarter net income forecast represents a -21.77% decrease compared to the company's last Quarter net income of $589.00M (Dec 23).

McKesson SG&A Forecast

	Mar 27	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
# Analysts	3	3	3	4	5	4	5	2	7	7	3	4	4	5	10	9	9	8	8	8	8	9	9	9	9	9	9	9	9	13
SG&A	-	-	-	-	-	-	-	-	-	-	-	-	-	$-2.51B	$-2.09B	$-1.87B	$1.96B	$1.90B	$1.95B	$1.96B	$2.53B	$3.10B	$2.67B	$2.23B	$2.22B	-	-	-	-	-
Avg Forecast	$3.57B	$3.77B	$3.70B	$3.27B	$3.31B	$3.50B	$3.40B	$3.07B	$3.10B	$3.26B	$3.06B	$2.83B	$3.17B	$2.67B	$2.61B	$2.41B	$2.88B	$2.96B	$2.41B	$2.23B	$2.62B	$2.28B	$2.16B	$2.06B	$2.22B	$2.12B	$2.04B	$1.85B	$1.90B	$2.04B
High Forecast	$3.64B	$3.84B	$3.77B	$3.33B	$3.37B	$3.56B	$3.47B	$3.12B	$3.13B	$3.33B	$3.08B	$2.83B	$3.80B	$2.71B	$2.65B	$2.45B	$3.46B	$3.55B	$2.41B	$2.23B	$3.14B	$2.28B	$2.16B	$2.06B	$2.66B	$2.12B	$2.04B	$1.85B	$1.90B	$2.04B
Low Forecast	$3.51B	$3.70B	$3.63B	$3.20B	$3.25B	$3.43B	$3.34B	$3.01B	$3.06B	$3.23B	$3.05B	$2.83B	$2.54B	$2.64B	$2.55B	$2.36B	$2.30B	$2.36B	$2.41B	$2.23B	$2.10B	$2.28B	$2.16B	$2.06B	$1.78B	$2.12B	$2.04B	$1.85B	$1.90B	$2.04B
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	-0.94%	-0.80%	-0.78%	0.68%	0.64%	0.81%	0.88%	0.97%	1.36%	1.23%	1.08%	1.00%	-	-	-	-	-

McKesson's average Quarter SG&A projection for Jun 23 is $2.41B, based on 9 Wall Street analysts, with a range of $2.36B to $2.45B. The forecast indicates a 22.65% rise compared to MCK last annual SG&A of $1.96B (Mar 23).

McKesson EPS Forecast

	Mar 27	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
# Analysts	3	3	3	4	5	4	5	2	7	7	3	4	4	5	10	9	9	8	8	8	8	9	9	9	9	9	9	9	9	13
EPS	-	-	-	-	-	-	-	-	-	-	-	-	-	$4.45	$4.95	$7.07	$5.75	$7.71	$6.47	$5.32	$2.50	$0.26	$1.73	$3.11	$4.19	$-39.03	$3.56	$2.74	$5.89	$1.04
Avg Forecast	$11.64	$10.70	$9.68	$9.29	$10.33	$9.45	$8.49	$8.17	$9.21	$8.43	$6.88	$7.21	$6.36	$7.04	$6.15	$5.87	$7.18	$6.36	$6.09	$5.29	$6.03	$5.45	$4.66	$4.15	$5.06	$4.15	$3.87	$2.35	$4.10	$3.50
High Forecast	$11.92	$10.96	$9.91	$9.51	$10.57	$9.67	$8.69	$8.36	$9.54	$8.80	$7.15	$7.21	$6.36	$7.28	$6.28	$6.01	$7.35	$6.51	$6.09	$5.29	$6.03	$5.45	$4.66	$4.15	$5.06	$4.15	$3.87	$2.35	$4.10	$3.50
Low Forecast	$11.35	$10.44	$9.44	$9.05	$10.07	$9.21	$8.28	$7.97	$9.00	$8.13	$6.61	$7.21	$6.36	$6.85	$5.98	$5.72	$7.00	$6.20	$6.09	$5.29	$6.03	$5.45	$4.66	$4.15	$5.06	$4.15	$3.87	$2.35	$4.10	$3.50
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	0.63%	0.81%	1.21%	0.80%	1.21%	1.06%	1.01%	0.41%	0.05%	0.37%	0.75%	0.83%	-9.40%	0.92%	1.17%	1.44%	0.30%

According to 4 Wall Street analysts, McKesson's projected average Quarter EPS for Mar 24 is $6.36, with a low estimate of $6.36 and a high estimate of $6.36. This represents a 42.88% increase compared to MCK previous annual EPS of $4.45 (Dec 23).

McKesson Peer Comparison by Price Target

Ticker	Company	Last Closing Price	Avg Price Target	Upside/Downside	Avg Rating
EDAP	EDAP TMS	$2.63	$19.00	622.43%	Buy
OMI	Owens & Minor	$12.28	$30.50	148.37%	Buy
ZYXI	Zynex	$8.13	$14.38	76.88%	Buy
PDCO	Patterson Companies	$20.00	$28.83	44.15%	Buy
HSIC	Henry Schein	$67.74	$77.00	13.67%	Buy
ABC	Cencora	$179.98	$171.00	-4.99%	Buy
MCK	McKesson	$624.60	$522.64	-16.32%	Buy
CAH	Cardinal Health	$125.33	$100.64	-19.70%	Buy

MCK Forecast FAQ

Is McKesson a good buy?

Yes, according to 13 Wall Street analysts, McKesson (MCK) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 10 'Buy' recommendations, accounting for 76.92% of MCK's total ratings.

What is MCK's price target?

McKesson (MCK) average price target is $522.64 with a range of $257 to $688, implying a -16.32% from its last price of $624.6. The data is based on 13 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will McKesson stock go up soon?

According to Wall Street analysts' prediction for MCK stock, the company can go down by -16.32% (from the last price of $624.6 to the average price target of $522.64), up by 10.15% based on the highest stock price target, and down by -58.85% based on the lowest stock price target.

Can McKesson stock reach $900?

MCK's average twelve months analyst stock price target of $522.64 does not support the claim that McKesson can reach $900 in the near future.

What is McKesson's current price target trend?

1 Wall Street analyst forecast a $688 price target for McKesson (MCK) this month, up 10.15% from its last price of $624.6. Compared to the last 3 and 12 months, the average price target decreased by -3.06% and decreased by -5.98%, respectively.

What are McKesson's analysts' financial forecasts?

McKesson's analysts financial forecasts for the fiscal year (Mar 2026) are as follows: average revenue is $387.45B (high $394.57B, low $380.04B), average EBITDA is $6.1B (high $6.21B, low $5.98B), average net income is $4.74B (high $4.85B, low $4.62B), average SG&A $13.28B (high $13.52B, low $13.03B), and average EPS is $36.43 (high $37.3, low $35.53). MCK's analysts financial forecasts for the fiscal year (Mar 2027) are as follows: average revenue is $417.35B (high $425.02B, low $409.38B), average EBITDA is $6.57B (high $6.69B, low $6.44B), average net income is $5.37B (high $5.5B, low $5.24B), average SG&A $14.3B (high $14.57B, low $14.03B), and average EPS is $41.31 (high $42.3, low $40.28).

Did the MCK's actual financial results beat the analysts' financial forecasts?

Based on McKesson's last annual report (Mar 2023), the company's revenue was $276.71B, beating the average analysts forecast of $274.29B by 0.88%. Apple's EBITDA was $5.69B, beating the average prediction of $3.49B by 63.05%. The company's net income was $3.56B, beating the average estimation of $1.9B by 87.47%. Apple's SG&A was $7.78B, missing the average forecast of $10.47B by -25.73%. Lastly, the company's EPS was $25.23, beating the average prediction of $24.92 by 1.24%. In terms of the last quarterly report (Dec 2023), McKesson's revenue was $80.9B, beating the average analysts' forecast of $77.93B by 3.80%. The company's EBITDA was $642M, missing the average prediction of $1.23B by -47.66%. McKesson's net income was $589M, missing the average estimation of $915.5M by -35.66%. The company's SG&A was $-2.506B, missing the average forecast of $2.67B by -193.81%. Lastly, the company's EPS was $4.45, missing the average prediction of $7.04 by -36.81%