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McDonald's Corporation (MCD)
NYSE:MCD
US Market
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McDonald's (MCD) Stock Forecast & Price Target

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See the Price Targets and Ratings of:

MCD Analyst Ratings

Moderate Buy
23Ratings
Moderate Buy
13 Buy
10 Hold
0 Sell
Based on 23 analysts giving stock ratings to
McDonald's
in the past 3 months
TipRanks enables you to focus on the analyst rating consensus of all analysts or only the top performers​ in the past 3 months

MCD Stock 12 Month Forecast

Average Price Target

$323.43
▲(22.16% Upside)
Based on 23 Wall Street analysts offering 12 month price targets for McDonald's in the last 3 months. The average price target is $323.43 with a high forecast of $390.00 and a low forecast of $286.00. The average price target represents a 22.16% change from the last price of $264.76.
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Highest Price Target$390.00Average Price Target$323.43Lowest Price Target$286.00
The highest, average, and lowest price target of all analysts. Click on ‘Top Analysts’ to focus on the best performers.

Detailed List of Analyst Forecasts​

Detailed List of Analyst Forecasts​
Analyst Profile
Expert Firm
Price Target
Position
Upside / Downside
Action
Date
Follow
Article
Piper Sandler Analyst forecast on MCD
Piper Sandler
Piper Sandler
$305$286
Hold
8.02%
Upside
Reiterated
08/04/26
McDonald's price target lowered to $286 from $305 at Piper SandlerMcDonald's price target lowered to $286 from $305 at Piper Sandler
TD Cowen
$300
Hold
13.31%
Upside
Reiterated
08/04/26
McDonald's sales inflection will take time, says TD CowenMcDonald's sales inflection will take time, says TD Cowen
RBC Capital Analyst forecast on MCD
RBC Capital
RBC Capital
$305
Hold
15.20%
Upside
Reiterated
08/04/26
Analysts Conflicted on These Consumer Cyclical Names: Standard Motor Products (NYSE: SMP), Hyliion Holdings (NYSE MKT: HYLN) and McDonald's (NYSE: MCD)
Mizuho Securities Analyst forecast on MCD
Mizuho Securities
Mizuho Securities
$300$290
Hold
9.53%
Upside
Reiterated
07/31/26
McDonald's price target lowered to $290 from $300 at MizuhoMcDonald's price target lowered to $290 from $300 at Mizuho
UBS
$365$340
Buy
28.42%
Upside
Reiterated
07/27/26
McDonald's price target lowered to $340 from $365 at UBSMcDonald's price target lowered to $340 from $365 at UBS
BTIG
$370$350
Buy
32.20%
Upside
Reiterated
07/24/26
Analysts Offer Insights on Consumer Cyclical Companies: VF (NYSE: VFC), NVR (NYSE: NVR) and McDonald's (NYSE: MCD)
Evercore ISI Analyst forecast on MCD
Evercore ISI
Evercore ISI
$350$320
Buy
20.86%
Upside
Reiterated
07/23/26
McDonald's price target lowered to $320 from $350 at Evercore ISIMcDonald's price target lowered to $320 from $350 at Evercore ISI
Bernstein
$310
Hold
17.09%
Upside
Reiterated
07/20/26
McDonald's (MCD) Gets a Hold from Bernstein
Tigress Financial Analyst forecast on MCD
Tigress Financial
Tigress Financial
$385$390
Buy
47.30%
Upside
Reiterated
07/17/26
Tigress ups McDonald's target, sees 'compelling opportunity'Tigress ups McDonald's target, sees 'compelling opportunity'
Citi
$375$335
Buy
26.53%
Upside
Assigned
07/15/26
McDonald's price target lowered to $335 from $375 at CitiMcDonald's price target lowered to $335 from $375 at Citi
Wells Fargo Analyst forecast on MCD
Wells Fargo
Wells Fargo
$320$300
Buy
13.31%
Upside
Assigned
07/15/26
McDonald's price target lowered to $300 from $320 at Wells FargoMcDonald's price target lowered to $300 from $320 at Wells Fargo
Morgan Stanley Analyst forecast on MCD
Morgan Stanley
Morgan Stanley
$331$322
Hold
21.62%
Upside
Reiterated
07/15/26
McDonald's price target lowered to $322 from $331 at Morgan StanleyMcDonald's price target lowered to $322 from $331 at Morgan Stanley
Deutsche Bank  Analyst forecast on MCD
Deutsche Bank
Deutsche Bank
$350$325
Buy
22.75%
Upside
Assigned
07/09/26
McDonald's price target lowered to $325 from $350 at Deutsche BankMcDonald's price target lowered to $325 from $350 at Deutsche Bank
KeyBanc
$330$315
Buy
18.98%
Upside
Reiterated
06/29/26
McDonald's (MCD) Receives a Buy from KeyBanc
Erste Group Analyst forecast on MCD
Erste Group
Erste Group
Hold
Reiterated
06/24/26
Erste Group Sticks to Their Hold Rating for McDonald's (MCD)
Analyst Type
Any
Any
Human Analysts
Ranks
Any
Any
Analyst Rating
Any
Any
Upside/ Downside
Any
Any
Action
Any
Any
Analyst Profile
Expert Firm
Price Target
Position
Upside / Downside
Action
Date
Follow
Article
Piper Sandler Analyst forecast on MCD
Piper Sandler
Piper Sandler
$305$286
Hold
8.02%
Upside
Reiterated
08/04/26
McDonald's price target lowered to $286 from $305 at Piper SandlerMcDonald's price target lowered to $286 from $305 at Piper Sandler
TD Cowen
$300
Hold
13.31%
Upside
Reiterated
08/04/26
McDonald's sales inflection will take time, says TD CowenMcDonald's sales inflection will take time, says TD Cowen
RBC Capital Analyst forecast on MCD
RBC Capital
RBC Capital
$305
Hold
15.20%
Upside
Reiterated
08/04/26
Analysts Conflicted on These Consumer Cyclical Names: Standard Motor Products (NYSE: SMP), Hyliion Holdings (NYSE MKT: HYLN) and McDonald's (NYSE: MCD)
Mizuho Securities Analyst forecast on MCD
Mizuho Securities
Mizuho Securities
$300$290
Hold
9.53%
Upside
Reiterated
07/31/26
McDonald's price target lowered to $290 from $300 at MizuhoMcDonald's price target lowered to $290 from $300 at Mizuho
UBS
$365$340
Buy
28.42%
Upside
Reiterated
07/27/26
McDonald's price target lowered to $340 from $365 at UBSMcDonald's price target lowered to $340 from $365 at UBS
BTIG
$370$350
Buy
32.20%
Upside
Reiterated
07/24/26
Analysts Offer Insights on Consumer Cyclical Companies: VF (NYSE: VFC), NVR (NYSE: NVR) and McDonald's (NYSE: MCD)
Evercore ISI Analyst forecast on MCD
Evercore ISI
Evercore ISI
$350$320
Buy
20.86%
Upside
Reiterated
07/23/26
McDonald's price target lowered to $320 from $350 at Evercore ISIMcDonald's price target lowered to $320 from $350 at Evercore ISI
Bernstein
$310
Hold
17.09%
Upside
Reiterated
07/20/26
McDonald's (MCD) Gets a Hold from Bernstein
Tigress Financial Analyst forecast on MCD
Tigress Financial
Tigress Financial
$385$390
Buy
47.30%
Upside
Reiterated
07/17/26
Tigress ups McDonald's target, sees 'compelling opportunity'Tigress ups McDonald's target, sees 'compelling opportunity'
Citi
$375$335
Buy
26.53%
Upside
Assigned
07/15/26
McDonald's price target lowered to $335 from $375 at CitiMcDonald's price target lowered to $335 from $375 at Citi
Wells Fargo Analyst forecast on MCD
Wells Fargo
Wells Fargo
$320$300
Buy
13.31%
Upside
Assigned
07/15/26
McDonald's price target lowered to $300 from $320 at Wells FargoMcDonald's price target lowered to $300 from $320 at Wells Fargo
Morgan Stanley Analyst forecast on MCD
Morgan Stanley
Morgan Stanley
$331$322
Hold
21.62%
Upside
Reiterated
07/15/26
McDonald's price target lowered to $322 from $331 at Morgan StanleyMcDonald's price target lowered to $322 from $331 at Morgan Stanley
Deutsche Bank  Analyst forecast on MCD
Deutsche Bank
Deutsche Bank
$350$325
Buy
22.75%
Upside
Assigned
07/09/26
McDonald's price target lowered to $325 from $350 at Deutsche BankMcDonald's price target lowered to $325 from $350 at Deutsche Bank
KeyBanc
$330$315
Buy
18.98%
Upside
Reiterated
06/29/26
McDonald's (MCD) Receives a Buy from KeyBanc
Erste Group Analyst forecast on MCD
Erste Group
Erste Group
Hold
Reiterated
06/24/26
Erste Group Sticks to Their Hold Rating for McDonald's (MCD)
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GELYFGeely Automobile Holdings
WYNNWynn Resorts
Find stocks in the Consumer Cyclical sector that are highly recommended by Top Performing Analysts.

Best Analysts Covering McDonald's

3 Months
Success Rate
27/37 ratings generated profit
73%
Average Return
+2.86%
Copying Peter Saleh's trades and holding each position for 3 Months would result in 72.97% of your transactions generating a profit, with an average return of +2.86% per trade.
1 Year
Success Rate
30/37 ratings generated profit
81%
Average Return
+10.90%
Copying Peter Saleh's trades and holding each position for 1 Year would result in 81.08% of your transactions generating a profit, with an average return of +10.90% per trade.
2 Years
Success Rate
33/37 ratings generated profit
89%
Average Return
+22.86%
Copying Peter Saleh's trades and holding each position for 2 Years would result in 89.19% of your transactions generating a profit, with an average return of +22.86% per trade.
The Best Analyst Covering tool allows you to follow the analysts who have the best success rates and average returns on a specific stock. Only analysts that gave a Buy or Sell rating on the stock in the past 12 months are eligible for inclusion in this tool. Follow the analysts of your choice to receive real-time updates when they publish a new rating.

MCD Analyst Recommendation Trends

Rating
Apr 26
May 26
Jun 26
Jul 26
Aug 26
Strong Buy
0
0
0
0
0
Buy
25
20
18
20
8
Hold
26
23
20
18
12
Sell
0
0
0
0
0
Strong Sell
0
0
0
0
0
total
51
43
38
38
20
In the current month, MCD has received 8 Buy Ratings, 12 Hold Ratings, and 0 Sell Ratings. MCD average Analyst price target in the past 3 months is 323.43.
Each month's total comprises the sum of three months' worth of ratings.

MCD Financial Forecast

MCD Earnings Forecast

Next quarter’s earnings estimate for MCD is $3.42 with a range of $3.31 to $3.55. The previous quarter’s EPS was $3.38. MCD beat its EPS estimate ― of the time in the past 12 months, while its overall industry beat the EPS estimate 42.99% of the time in the same period. In the last calendar year MCD has Performed in-line its overall industry.
Next quarter’s earnings estimate for MCD is $3.42 with a range of $3.31 to $3.55. The previous quarter’s EPS was $3.38. MCD beat its EPS estimate ― of the time in the past 12 months, while its overall industry beat the EPS estimate 42.99% of the time in the same period. In the last calendar year MCD has Performed in-line its overall industry.

MCD Sales Forecast

Next quarter’s sales forecast for MCD is $7.39B with a range of $7.22B to $7.66B. The previous quarter’s sales results were $7.10B. MCD beat its sales estimates ― of the time in past 12 months, while its overall industry beat sales estimates 58.47% of the time in the same period. In the last calendar year MCD has Performed in-line its overall industry.
Next quarter’s sales forecast for MCD is $7.39B with a range of $7.22B to $7.66B. The previous quarter’s sales results were $7.10B. MCD beat its sales estimates ― of the time in past 12 months, while its overall industry beat sales estimates 58.47% of the time in the same period. In the last calendar year MCD has Performed in-line its overall industry.

MCD Stock Forecast FAQ

What is MCD’s average 12-month price target, according to analysts?
Based on analyst ratings, McDonald's Corporation’s 12-month average price target is 323.43.
    What is MCD’s upside potential, based on the analysts’ average price target?
    McDonald's Corporation has 22.16% upside potential, based on the analysts’ average price target.
      Can I see which stocks the top-ranking analysts are rating?
      Yes, go to the Analysts’ Top Stocks tool to see stocks with a Strong Buy or Strong Sell analyst rating consensus, according to the top performers.
        How can I follow the stock ratings of top Wall Street analysts?
        Head over to our Expert Center to see a list of the top 100 Wall Street analysts and follow the analysts of your choice. Visit their profiles for more details about their stock ratings and see how they perform on a stock-by-stock basis.
          Is MCD a Buy, Sell or Hold?
          McDonald's Corporation has a consensus rating of Moderate Buy which is based on 13 buy ratings, 10 hold ratings and 0 sell ratings.
            What is McDonald's Corporation’s price target?
            The average price target for McDonald's Corporation is 323.43. This is based on 23 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
            The highest analyst price target is $390.00 ,the lowest forecast is $286.00. The average price target represents 22.16% Increase from the current price of $264.76.
              What do analysts say about McDonald's Corporation?
              McDonald's Corporation’s analyst rating consensus is a Moderate Buy. This is based on the ratings of 23 Wall Streets Analysts.
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