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McDonald's (MCD) Stock Forecast & Price Target

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$301.07 +4.47 (+1.51%)
(As of 11:17 AM 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

Sell
0
Hold
11
Buy
18

Based on 29 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 29 analysts, 11 have given a hold rating, and 18 have given a buy rating for MCD.

Consensus Price Target

$320.50
6.45% Upside
According to the 29 analysts' twelve-month price targets for McDonald's, the average price target is $320.50. 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 6.45% from the current price of $301.07.
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MCD Analyst Ratings Over Time

TypeCurrent Forecast
12/17/23 to 12/16/24
1 Month Ago
11/17/23 to 11/16/24
3 Months Ago
9/18/23 to 9/17/24
1 Year Ago
12/17/22 to 12/17/23
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
18 Buy rating(s)
18 Buy rating(s)
19 Buy rating(s)
23 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$320.50$319.46$306.11$316.59
Forecasted Upside6.45% Upside9.17% Upside4.22% Upside10.21% Upside
Consensus Rating
Moderate Buy
Moderate Buy
Moderate Buy
Moderate Buy

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.
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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.
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McDonald's Stock vs. The Competition

TypeMcDonald'sRetail/Wholesale CompaniesS&P 500
Consensus Rating Score
2.62
2.51
2.51
Consensus RatingModerate BuyModerate BuyModerate Buy
Predicted Upside8.06% Upside23.31% Upside10.64% Upside
News Sentiment Rating
Positive News

See Recent MCD News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
10/30/2024Bank of America
3 of 5 stars
 Boost TargetNeutral ➝ Neutral$321.00 ➝ $324.00+10.62%
10/30/2024Truist Financial
2 of 5 stars
 Lower TargetBuy ➝ Buy$350.00 ➝ $342.00+16.90%
10/30/2024BMO Capital Markets
4 of 5 stars
 Boost TargetOutperform ➝ Outperform$315.00 ➝ $335.00+14.15%
10/29/2024TD Cowen
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A. Charles
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Reiterated RatingHold ➝ Hold$300.00 ➝ $300.00+1.05%
10/23/2024Baird R W
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D. Tarantino
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DowngradeStrong-Buy ➝ Hold
10/23/2024Wedbush
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 Reiterated RatingOutperform ➝ Outperform$295.00 ➝ $295.00-6.25%
10/23/2024Guggenheim
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G. Francfort
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DowngradeBuy ➝ Neutral$290.00 ➝ $285.00-9.42%
10/23/2024Robert W. Baird
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 DowngradeOutperform ➝ Neutral$320.00 ➝ $290.00-7.83%
10/22/2024Barclays
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 Boost TargetOverweight ➝ Overweight$300.00 ➝ $325.00+3.56%
10/21/2024Wells Fargo & Company
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 Boost TargetOverweight ➝ Overweight$285.00 ➝ $350.00+10.73%
10/18/2024Loop Capital
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 Reiterated RatingBuy ➝ Buy
10/15/2024Evercore ISI
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 Boost TargetOutperform ➝ Outperform$320.00 ➝ $340.00+9.73%
10/15/2024Morgan Stanley
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 Boost TargetOverweight ➝ Overweight$296.00 ➝ $340.00+9.66%
10/9/2024UBS Group
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 Boost TargetBuy ➝ Buy$305.00 ➝ $345.00+13.55%
10/8/2024Argus
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J. Staszak
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UpgradeHold ➝ Buy
10/7/2024KeyCorp
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 Boost TargetOverweight ➝ Overweight$305.00 ➝ $330.00+9.11%
10/2/2024Citigroup
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 Boost TargetNeutral ➝ Neutral$301.00 ➝ $317.00+4.49%
9/24/2024The Goldman Sachs Group
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C. Cho
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Boost TargetNeutral ➝ Neutral$284.00 ➝ $325.00+7.88%
9/16/2024JPMorgan Chase & Co.
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 Boost TargetOverweight ➝ Overweight$270.00 ➝ $290.00-2.09%
9/9/2024Jefferies Financial Group
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 Boost TargetBuy ➝ Buy$310.00 ➝ $330.00+13.41%
9/3/2024Tigress Financial
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I. Feinseth
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Boost TargetBuy ➝ Buy$355.00 ➝ $360.00+26.09%
7/30/2024Deutsche Bank Aktiengesellschaft
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 Lower TargetBuy ➝ Buy$295.00 ➝ $290.00+9.63%
7/22/2024Stifel Nicolaus
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 Lower TargetHold ➝ Hold$285.00 ➝ $265.00+3.00%
4/3/2024Erste Group Bank
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 Reiterated RatingBuy ➝ Hold
2/6/2024Royal Bank of Canada
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 Lower TargetOutperform ➝ Outperform$340.00 ➝ $335.00+18.26%
2/6/2024BTIG Research
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 DowngradeBuy ➝ Neutral
2/5/2024Stephens
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 Reiterated RatingOverweight ➝ Overweight$320.00+11.98%
1/5/2024Oppenheimer
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 Reiterated RatingOutperform ➝ Market Perform
12/20/2023HSBC
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 Initiated CoverageBuy$317.00+9.04%
12/11/2023Piper Sandler
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 Boost TargetNeutral ➝ Neutral$273.00 ➝ $299.00+3.65%
10/31/2023DZ Bank
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 UpgradeHold ➝ Buy$300.00+15.32%
4/26/2023Gordon Haskett
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 Boost TargetBuy$320.00 ➝ $325.00+11.95%
4/26/2023Credit Suisse Group
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 Boost TargetOutperform$300.00 ➝ $320.00+9.77%
4/10/2023Northcoast Research
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 UpgradeNeutral ➝ Buy$321.00+13.47%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Monday at 11:27 AM 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

green Wall Street bull icon

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

red Wall Street bear icon

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 29 Wall Street equities research analysts, the average twelve-month stock price forecast for McDonald's is $320.50, with a high forecast of $360.00 and a low forecast of $265.00.

29 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for McDonald's in the last twelve months. There are currently 11 hold ratings and 18 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 6.45% based on their 12-month stock forecasts.

Over the previous 90 days, McDonald's's stock had 3 downgrades and 1 upgrade by analysts.

Analysts like McDonald's more than other "retail/wholesale" companies. The consensus rating score for McDonald's is 2.62 while the average consensus rating score for "retail/wholesale" companies is 2.51. Learn more on how MCD compares to other companies.


This page (NYSE:MCD) was last updated on 12/16/2024 by MarketBeat.com Staff
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