McDonald's (MCD) Stock Forecast & Price Target

$292.68 +2.45 (+0.84%)

(As of 12/20/2024 05:45 PM ET)

McDonald's - Analysts' Recommendations and Stock Price Forecast (2025)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Moderate Buy

Based on 28 Analyst Ratings

Sell
0

Hold
11

Buy
17

Based on 28 Wall Street analysts who have issued ratings for McDonald's in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 28 analysts, 11 have given a hold rating, and 17 have given a buy rating for MCD.

Consensus Price Target

$320.65
9.56% Upside

According to the 28 analysts' twelve-month price targets for McDonald's, the average price target is $320.65. The highest price target for MCD is $360.00, while the lowest price target for MCD is $265.00. The average price target represents a forecasted upside of 9.56% from the current price of $292.68.

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MCD Analyst Ratings Over Time

Type	Current Forecast 12/23/23 to 12/22/24	1 Month Ago 11/23/23 to 11/22/24	3 Months Ago 9/24/23 to 9/23/24	1 Year Ago 12/23/22 to 12/23/23
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	17 Buy rating(s)	18 Buy rating(s)	19 Buy rating(s)	24 Buy rating(s)
Hold	11 Hold rating(s)	12 Hold rating(s)	10 Hold rating(s)	4 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$320.65	$319.46	$306.11	$316.60
Forecasted Upside	9.56% Upside	10.05% Upside	2.36% Upside	8.54% Upside
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy	Moderate Buy

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MCD Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

MCD Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

McDonald's Stock vs. The Competition

Type	McDonald's	Retail/Wholesale Companies	S&P 500
Consensus Rating Score	2.61	2.50	2.51
Consensus Rating	Moderate Buy	Hold	Moderate Buy
Predicted Upside	9.56% Upside	28.29% Upside	14.53% Upside
News Sentiment Rating	Neutral News See Recent MCD News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
10/30/2024	Bank of America 3 of 5 stars		Boost Target	Neutral ➝ Neutral	$321.00 ➝ $324.00	+10.62%
10/30/2024	Truist Financial 2 of 5 stars		Lower Target	Buy ➝ Buy	$350.00 ➝ $342.00	+16.90%
10/30/2024	BMO Capital Markets 4 of 5 stars		Boost Target	Outperform ➝ Outperform	$315.00 ➝ $335.00	+14.15%
10/29/2024	TD Cowen Subscribe to MarketBeat All Access for the recommendation accuracy rating	A. Charles Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Hold ➝ Hold	$300.00 ➝ $300.00	+1.05%
10/23/2024	Baird R W Subscribe to MarketBeat All Access for the recommendation accuracy rating	D. Tarantino Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Strong-Buy ➝ Hold
10/23/2024	Wedbush Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Outperform ➝ Outperform	$295.00 ➝ $295.00	-6.25%
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10/23/2024	Guggenheim Subscribe to MarketBeat All Access for the recommendation accuracy rating	G. Francfort Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Buy ➝ Neutral	$290.00 ➝ $285.00	-9.42%
10/23/2024	Robert W. Baird Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Outperform ➝ Neutral	$320.00 ➝ $290.00	-7.83%
10/22/2024	Barclays Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Overweight ➝ Overweight	$300.00 ➝ $325.00	+3.56%
10/21/2024	Wells Fargo & Company Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Overweight ➝ Overweight	$285.00 ➝ $350.00	+10.73%
10/18/2024	Loop Capital Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Buy ➝ Buy
10/15/2024	Evercore ISI Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Outperform ➝ Outperform	$320.00 ➝ $340.00	+9.73%
10/15/2024	Morgan Stanley Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Overweight ➝ Overweight	$296.00 ➝ $340.00	+9.66%
10/9/2024	UBS Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$305.00 ➝ $345.00	+13.55%
10/8/2024	Argus Subscribe to MarketBeat All Access for the recommendation accuracy rating	J. Staszak Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Hold ➝ Buy
10/7/2024	KeyCorp Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Overweight ➝ Overweight	$305.00 ➝ $330.00	+9.11%
10/2/2024	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Neutral ➝ Neutral	$301.00 ➝ $317.00	+4.49%
9/24/2024	The Goldman Sachs Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	C. Cho Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Neutral ➝ Neutral	$284.00 ➝ $325.00	+7.88%
9/16/2024	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Overweight ➝ Overweight	$270.00 ➝ $290.00	-2.09%
9/9/2024	Jefferies Financial Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$310.00 ➝ $330.00	+13.41%
9/3/2024	Tigress Financial Subscribe to MarketBeat All Access for the recommendation accuracy rating	I. Feinseth Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Buy ➝ Buy	$355.00 ➝ $360.00	+26.09%
7/30/2024	Deutsche Bank Aktiengesellschaft Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Buy ➝ Buy	$295.00 ➝ $290.00	+9.63%
7/22/2024	Stifel Nicolaus Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Hold ➝ Hold	$285.00 ➝ $265.00	+3.00%
4/3/2024	Erste Group Bank Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Buy ➝ Hold
2/6/2024	Royal Bank of Canada Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Outperform ➝ Outperform	$340.00 ➝ $335.00	+18.26%
2/6/2024	BTIG Research Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Buy ➝ Neutral
2/5/2024	Stephens Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Overweight ➝ Overweight	$320.00	+11.98%
1/5/2024	Oppenheimer Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Outperform ➝ Market Perform
12/20/2023	HSBC Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Buy	$317.00	+9.04%
12/11/2023	Piper Sandler Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Neutral ➝ Neutral	$273.00 ➝ $299.00	+3.65%
10/31/2023	DZ Bank Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Hold ➝ Buy	$300.00	+15.32%
4/26/2023	Gordon Haskett Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy	$320.00 ➝ $325.00	+11.95%
4/26/2023	Credit Suisse Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Outperform	$300.00 ➝ $320.00	+9.77%
4/10/2023	Northcoast Research Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Neutral ➝ Buy	$321.00	+13.47%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Sunday at 08:22 PM ET.

Should I Buy McDonald's Stock? MCD Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Thursday, December 12, 2024. Please send any questions or comments about these McDonald's pros and cons to contact@marketbeat.com.

McDonald's
Bull Case

Here are some ways that investors could benefit from investing in McDonald's Co.:

McDonald's Co. recently reported earnings per share (EPS) of $3.23, exceeding analysts' expectations of $3.18, indicating strong financial performance and effective management.
The company has a consensus target price of $319.64, suggesting potential for price appreciation from the current stock price of $300.76, which could attract investors looking for growth.
McDonald's Co. has increased its quarterly dividend to $1.77, reflecting a commitment to returning value to shareholders, with a current dividend yield of 2.35%.
Analysts have a consensus rating of "Moderate Buy" for McDonald's Co., with many recent upgrades in price targets, indicating positive sentiment in the market.
The company has a strong market capitalization of approximately $215.53 billion, which provides stability and the ability to invest in growth opportunities.

McDonald's
Bear Case

Investors should be bearish about investing in McDonald's Co. for these reasons:

Despite recent earnings growth, McDonald's Co. has a negative return on equity of 175.42%, which may raise concerns about the company's efficiency in generating profits from shareholders' equity.
The stock has experienced fluctuations, with a 52-week low of $243.53, indicating potential volatility that could deter risk-averse investors.
Insider selling has been noted, with significant shares sold by executives, which could signal a lack of confidence in the company's future performance.
The company's PEG ratio stands at 3.98, suggesting that the stock may be overvalued relative to its earnings growth, which could be a red flag for value investors.
With institutional investors holding 70.29% of the stock, any significant sell-off by these large stakeholders could negatively impact the stock price.

MCD Forecast - Frequently Asked Questions

: According to the research reports of 28 Wall Street equities research analysts, the average twelve-month stock price forecast for McDonald's is $320.65, with a high forecast of $360.00 and a low forecast of $265.00.
: 28 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for McDonald's in the last year. There are currently 11 hold ratings and 17 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" MCD shares.
: According to analysts, McDonald's's stock has a predicted upside of 9.56% based on their 12-month stock forecasts.
: Over the previous 90 days, McDonald's's stock had 3 downgrades and 1 upgrade by analysts.
: McDonald's has been rated by research analysts at Argus, Baird R W, Bank of America, Barclays, BMO Capital Markets, Citigroup, Evercore ISI, Guggenheim, KeyCorp, Loop Capital, Morgan Stanley, Robert W. Baird, TD Cowen, The Goldman Sachs Group, Truist Financial, UBS Group, Wedbush, and Wells Fargo & Company in the past 90 days.
: Analysts like McDonald's more than other "retail/wholesale" companies. The consensus rating for McDonald's is Moderate Buy while the average consensus rating for "retail/wholesale" companies is Hold. Learn more on how MCD compares to other companies.

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This page (NYSE:MCD) was last updated on 12/22/2024 by MarketBeat.com Staff

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McDonald's (MCD) Stock Forecast & Price Target