MCDONALD'S CORP (MCD) Forecast, Price Target & Analyst Ratings
NYSE:MCD • US5801351017
325.21 USD
-2.73 (-0.83%)
At close: Mar 11, 2026
325.21 USD
0 (0%)
After Hours: 3/11/2026, 3:42:48 PM
View the latest analyst price targets, stock forecast, EPS estimates, revenue projections, revisions, full estimates, rating distribution and upgrades/downgrades for MCDONALD'S CORP (MCD).
Forecast Snapshot
Consensus Price Target
$352.31
+ 8.33% Upside
Next Earnings Forecast
Release DateApr 29, 2026
PeriodQ1 / 2026
EPS Estimate$2.79
Revenue Estimate6.562B
ChartMill Buy Consensus
74.42%
Weighted Analyst Rating Score
Price Target Details & History
Consensus Price Target and Range
Mean target
$352.31
Upside
+ 8.33%
From current price of $325.21 to mean target of $352.31, Based on 43 analyst forecasts
Low
$262.60
Median
$362.10
High
$399.00
Price Target Revisions
1 Month
2.07%
3 Months
2.99%
Price Target Summary
43 Wall Street analysts provided a forecast for the next 12 months for MCD. The average price target is 352.31 USD. This implies a price increase of 8.33% is expected in the next year compared to the current price of 325.21.
The average price target has been revised upward by 2.99% in the past 3 months.
Analyst Ratings & History
Current Analyst Ratings
Analyst Ratings History
Analyst Ratings Consensus
ChartMill Buy Consensus
74.42%
MCD was analyzed by 43 analysts. The buy percentage consensus is at 74. So analysts seem to be have mildly positive about MCD.
In the previous month the buy percentage consensus was at a similar level.
MCD was analyzed by 43 analysts, which should be a sufficient number of analysts to have a meaningful average consensus rating.
Recent Upgrades & Downgrades
| Date | Firm | Action | From → To |
|---|---|---|---|
| 2026-03-06 | Tigress Financial | Maintains | Buy -> Buy |
| 2026-03-03 | Keybanc | Maintains | Overweight -> Overweight |
| 2026-02-24 | JP Morgan | Maintains | Overweight -> Overweight |
| 2026-02-13 | Guggenheim | Maintains | Neutral -> Neutral |
| 2026-02-13 | Argus Research | Upgrade | Hold -> Buy |
| 2026-02-12 | TD Cowen | Reiterate | Hold -> Hold |
| 2026-02-12 | BTIG | Maintains | Buy -> Buy |
| 2026-02-12 | UBS | Maintains | Buy -> Buy |
| 2026-02-12 | RBC Capital | Maintains | Sector Perform -> Sector Perform |
| 2026-02-12 | Barclays | Maintains | Overweight -> Overweight |
| 2026-02-12 | Wells Fargo | Maintains | Overweight -> Overweight |
| 2026-02-12 | Truist Securities | Maintains | Buy -> Buy |
| 2026-02-12 | Piper Sandler | Maintains | Neutral -> Neutral |
| 2026-02-12 | Citigroup | Maintains | Buy -> Buy |
| 2026-02-12 | Jefferies | Maintains | Buy -> Buy |
| 2026-02-06 | Mizuho | Maintains | Neutral -> Neutral |
| 2026-02-03 | Guggenheim | Maintains | Neutral -> Neutral |
| 2026-02-02 | BTIG | Upgrade | Neutral -> Buy |
| 2026-01-09 | Keybanc | Maintains | Overweight -> Overweight |
| 2026-01-08 | TD Cowen | Reiterate | Hold -> Hold |
| 2026-01-08 | Truist Securities | Maintains | Buy -> Buy |
| 2026-01-07 | Barclays | Maintains | Overweight -> Overweight |
| 2026-01-06 | Oppenheimer | Upgrade | Perform -> Outperform |
| 2025-11-19 | Guggenheim | Maintains | Neutral -> Neutral |
| 2025-11-06 | Barclays | Maintains | Overweight -> Overweight |
Next Earnings Forecast Details
Next Earnings Details
Release DateApr 29, 2026
PeriodQ1 / 2026
EPS Estimate$2.79
Revenue Estimate6.562B
Revenue Q2Q10.17%
EPS Q2Q4.62%
Number of Analysts32
Next Earnings Revisions
Revenue (1 Month)
1.82%
Revenue (3 Months)
1.77%
EPS (1 Month)
-3.00%
EPS (3 Months)
-3.08%
Next Earnings Summary
MCD is expected to report earnings on 4/29/2026. The consensus EPS estimate for the next earnings is 2.79 USD and the consensus revenue estimate is 6.56B USD.
The next earnings revenue estimate has been revised upward by 1.77% in the past 3 months.
Full Analyst Estimates
Yearly Earnings Per Share (EPS), Revenue, EBIT, EBITDA and Operating Margin Analyst Estimates
| 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue YoY % growth | 25.494B 9.97% | 25.92B 1.67% | 26.885B 3.72% | 29.049B 8.05% | 30.711B 5.72% | 32.239B 4.98% | 33.085B 2.62% | 34.591B 4.55% | 38.901B 12.46% | 40.78B 4.83% | |
| EBITDA YoY % growth | 13.724B 12.35% | 13.949B 1.64% | N/A 6.14% | 16.057B 8.46% | 17.107B 6.54% | 18.115B 5.89% | 18.869B 4.16% | 20.161B 6.85% | 23.721B 17.66% | 24.967B 5.25% | |
| EBIT YoY % growth | 11.745B 13.54% | 11.852B 0.91% | 12.396B 4.59% | 13.757B 10.98% | 14.657B 6.54% | 15.639B 6.70% | 16.522B 5.65% | 17.551B 6.23% | 19.832B 13.00% | 20.998B 5.88% | |
| Operating Margin | 46.07% | 45.73% | 46.11% | 47.36% | 47.73% | 48.51% | 49.94% | 50.74% | 50.98% | 51.49% | |
| EPS YoY % growth | 11.94 18.22% | 11.73 -1.76% | 12.20 4.01% | 13.39 9.74% | 14.57 8.86% | 15.70 7.69% | 16.84 7.29% | 18.46 9.64% | 24.93 35.01% | 27.85 11.71% |
All data in USD
Quarterly Earnings Per Share (EPS), Revenue, EBIT and EBITDA Analyst Estimates
| Q1 / 26 | Q2 / 26 | Q3 / 26 | Q4 / 26 | Q1 / 27 | Q2 / 27 | Q3 / 27 | Q4 / 27 | |
|---|---|---|---|---|---|---|---|---|
| EPS Q2Q % growth | 2.79 4.62% | 3.47 8.90% | 3.64 13.03% | 3.36 7.71% | 3.11 11.26% | 3.75 8.07% | 3.88 6.52% | 3.59 6.82% |
| Revenue Q2Q % growth | 6.562B 10.17% | 7.367B 7.66% | 7.5B 5.96% | 7.243B 3.34% | 6.778B 3.29% | 7.603B 3.20% | 7.84B 4.53% | 7.6B 4.93% |
| EBITDA Q2Q % growth | 3.545B 11.65% | 4.124B -4.67% | 4.24B -14.20% | 3.953B 5.22% | 3.735B 5.36% | 4.306B 4.41% | 4.424B 4.34% | 4.143B 4.81% |
| EBIT Q2Q % growth | 2.985B 12.43% | 3.545B 8.68% | 3.668B 10.52% | 3.379B 6.93% | 3.142B 5.26% | 3.717B 4.85% | 3.847B 4.88% | 3.545B 4.91% |
All data in USD
Yearly Earnings Per Share (EPS) and Revenue Trends vs Historical Data
Long Term Forward Growth Forecast Summary
Long Term EPS Growth (CAGR)
EPS Next 3 Year
8.76%
EPS Next 5 Year
8.64%
Long Term Revenue Growth (CAGR)
Revenue Next 3 Year
6.14%
Revenue Next 5 Year
5.11%
Long Term EBIT Growth (CAGR)
EBIT Next 3 Year
12.73%
EBIT Next 5 Year
9.78%
MCDONALD'S CORP / MCD Forecast FAQ
Can you provide the average price target for MCDONALD'S CORP stock?
43 analysts have analysed MCD and the average price target is 352.31 USD. This implies a price increase of 8.33% is expected in the next year compared to the current price of 325.21.
What is the next earnings date for MCD stock?
MCDONALD'S CORP (MCD) will report earnings on 2026-04-29, before the market open.
What are the consensus estimates for MCDONALD'S CORP (MCD) next earnings?
The consensus EPS estimate for the next earnings of MCDONALD'S CORP (MCD) is 2.79 USD and the consensus revenue estimate is 6.56B USD.
What is the consensus rating for MCDONALD'S CORP (MCD) stock?
The consensus rating for MCDONALD'S CORP (MCD) is 74.4186 / 100 . This indicates that analysts generally have a positive outlook on the stock.