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McKesson (MCK) Stock Forecast & Price Target

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$581.22 -4.86 (-0.83%)
As of 10:41 AM Eastern
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McKesson - 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
2
Buy
14

Based on 16 Wall Street analysts who have issued ratings for McKesson in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 16 analysts, 2 have given a hold rating, 13 have given a buy rating, and 1 has given a strong buy rating for MCK.

Consensus Price Target

$646.14
11.17% Upside
According to the 16 analysts' twelve-month price targets for McKesson, the average price target is $646.14. The highest price target for MCK is $688.00, while the lowest price target for MCK is $579.00. The average price target represents a forecasted upside of 11.17% from the current price of $581.22.
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MCK Analyst Ratings Over Time

TypeCurrent Forecast
1/23/24 to 1/22/25
1 Month Ago
12/24/23 to 12/23/24
3 Months Ago
10/25/23 to 10/24/24
1 Year Ago
1/23/23 to 1/23/24
Strong Buy
1 Strong Buy rating(s)
1 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
13 Buy rating(s)
13 Buy rating(s)
12 Buy rating(s)
9 Buy rating(s)
Hold
2 Hold rating(s)
2 Hold rating(s)
4 Hold rating(s)
2 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$646.14$650.14$610.86$489.31
Forecasted Upside11.17% Upside12.72% Upside20.97% Upside0.81% Upside
Consensus Rating
Moderate Buy
Moderate Buy
Moderate Buy
Moderate Buy

MCK 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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MCK 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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McKesson Stock vs. The Competition

TypeMcKessonMedical CompaniesS&P 500
Consensus Rating Score
2.94
2.82
2.52
Consensus RatingModerate BuyModerate BuyModerate Buy
Predicted Upside10.36% Upside24,935.98% Upside11.17% Upside
News Sentiment Rating
Positive News

See Recent MCK News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
1/10/2025Citigroup
3 of 5 stars
Daniel Grosslight
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Lower TargetBuy ➝ Buy$713.00 ➝ $677.00+15.15%
1/6/2025Bank of America
3 of 5 stars
 Lower TargetBuy ➝ Buy$680.00 ➝ $650.00+11.48%
12/17/2024Morgan Stanley
3 of 5 stars
 Boost TargetOverweight ➝ Overweight$612.00 ➝ $642.00+14.35%
12/13/2024Wells Fargo & Company
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 Boost TargetEqual Weight ➝ Equal Weight$535.00 ➝ $641.00+10.71%
12/4/2024Mizuho
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S. Valiquette
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Initiated CoverageNeutral$630.00+1.95%
11/7/2024Baird R W
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E. Coldwell
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UpgradeHold ➝ Strong-Buy
11/7/2024Evercore ISI
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 Boost TargetOutperform ➝ Outperform$560.00 ➝ $680.00+23.79%
11/7/2024Robert W. Baird
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 UpgradeNeutral ➝ Outperform$531.00 ➝ $688.00+25.25%
10/7/2024Leerink Partners
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 Lower TargetOutperform ➝ Outperform$665.00 ➝ $630.00+29.78%
9/25/2024Deutsche Bank Aktiengesellschaft
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 Lower TargetBuy ➝ Buy$623.00 ➝ $579.00+20.99%
8/21/2024JPMorgan Chase & Co.
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 Boost TargetOverweight ➝ Overweight$656.00 ➝ $661.00+19.54%
8/8/2024Barclays
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 Boost TargetOverweight ➝ Overweight$596.00 ➝ $616.00+12.78%
6/24/2024Argus
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 Boost TargetBuy ➝ Buy$570.00 ➝ $670.00+11.10%
5/8/2024TD Cowen
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 Boost TargetBuy ➝ Buy$563.00 ➝ $652.00+19.74%
5/8/2024UBS Group
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 Boost TargetBuy ➝ Buy$620.00 ➝ $630.00+14.00%
2/26/2024Leerink Partnrs
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M. Cherny
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Reiterated RatingOutperform
8/11/2023Credit Suisse Group
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 Boost TargetOutperform ➝ Outperform$450.00 ➝ $485.00+11.71%
5/9/202358.com
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 Reiterated RatingMaintains

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Wednesday at 10:42 AM ET.


Should I Buy McKesson Stock? MCK 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 Tuesday, January 7, 2025. Please send any questions or comments about these McKesson pros and cons to contact@marketbeat.com.

McKesson
Bull Case

green Wall Street bull icon

Here are some ways that investors could benefit from investing in McKesson Co.:

  • Strong recent earnings performance, with a reported EPS of $7.07, surpassing the consensus estimate of $6.88, indicating robust profitability.
  • Significant revenue growth, with a quarterly revenue of $93.65 billion, reflecting a year-over-year increase of 21.3%, showcasing the company's expanding market presence.
  • Current stock price of $579.29, which has shown resilience and potential for appreciation, making it an attractive entry point for investors.
  • Consistent dividend payments, with a recent quarterly dividend of $0.71, translating to an annualized yield of 0.49%, providing a steady income stream for shareholders.
  • High institutional ownership at 85.07%, suggesting strong confidence from professional investors, which can be a positive indicator for retail investors.

McKesson
Bear Case

red Wall Street bear icon

Investors should be bearish about investing in McKesson Co. for these reasons:

  • Negative return on equity of 207.50%, indicating that the company is not generating profit relative to shareholder equity, which could raise concerns about financial efficiency.
  • Low net margin of 0.77%, suggesting that the company retains a small portion of revenue as profit, which may limit growth potential and investor returns.
  • Recent insider selling activity, with an executive vice president selling shares, which could signal a lack of confidence in the company's future performance.
  • High dependency on institutional investors, which can lead to volatility if these investors decide to sell their positions en masse.
  • Market competition in the healthcare sector is intense, which may pressure margins and growth opportunities for McKesson Co. moving forward.

MCK Forecast - Frequently Asked Questions

According to the research reports of 16 Wall Street equities research analysts, the average twelve-month stock price forecast for McKesson is $646.14, with a high forecast of $688.00 and a low forecast of $579.00.

16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for McKesson in the last twelve months. There are currently 2 hold ratings, 13 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" MCK shares.

According to analysts, McKesson's stock has a predicted upside of 11.17% based on their 12-month stock forecasts.

Over the previous 90 days, McKesson's stock had 2 upgrades by analysts.

McKesson has been rated by research analysts at Baird R W, Bank of America, Citigroup, Evercore ISI, Mizuho, Morgan Stanley, Robert W. Baird, and Wells Fargo & Company in the past 90 days.

Analysts like McKesson more than other "medical" companies. The consensus rating score for McKesson is 2.94 while the average consensus rating score for "medical" companies is 2.82. Learn more on how MCK compares to other companies.


This page (NYSE:MCK) was last updated on 1/22/2025 by MarketBeat.com Staff
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