McDonald's (MCD) Stock Forecast & Price Target

Q: What analysts cover McDonald's?

McDonald's has been rated by research analysts at Barclays , BTIG Research , Cfra, Deutsche Bank Aktiengesellschaft , Erste Group Bank , Evercore , JPMorgan Chase & Co. , KeyCorp , Morgan Stanley , Robert W. Baird , Rothschild & Co Redburn , Royal Bank Of Canada , Sanford C. Bernstein , TD Cowen , Weiss Ratings , and Wells Fargo & Company in the past 90 days.

$272.52 -2.09 (-0.76%)

Closing price 03:59 PM Eastern

Extended Trading

$272.43 -0.08 (-0.03%)

As of 07:59 PM Eastern

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McDonald's - Analysts' Recommendations and Stock Price Forecast (2026)

Consensus Rating

Hold

Based on 29 Analyst Ratings

Sell
1

Hold
13

Buy
15

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 "Hold." Out of the 29 analysts, 1 has given a sell rating, 13 have given a hold rating, and 15 have given a buy rating for MCD.

Consensus Price Target

$334.96
22.92% Upside

According to the 29 analysts' twelve-month price targets for McDonald's, the average price target is $334.96. The highest price target for MCD is $385.00, while the lowest price target for MCD is $250.00. The average price target represents a forecasted upside of 22.92% from the current price of $272.52.

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.

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MCD Analyst Ratings Over Time

Type	Current Forecast 7/13/25 to 7/13/26	1 Month Ago 6/13/25 to 6/13/26	3 Months Ago 4/14/25 to 4/14/26	1 Year Ago 7/13/24 to 7/13/25
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	15 Buy rating(s)	16 Buy rating(s)	17 Buy rating(s)	14 Buy rating(s)
Hold	13 Hold rating(s)	13 Hold rating(s)	13 Hold rating(s)	13 Hold rating(s)
Sell	1 Sell rating(s)	1 Sell rating(s)	2 Sell rating(s)	1 Sell rating(s)
Consensus Price Target	$334.96	$336.26	$339.69	$322.29
Forecasted Upside	22.92% Upside	18.04% Upside	12.03% Upside	7.50% Upside
Consensus Rating	Hold	Moderate Buy	Hold	Hold

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	Broader Market
Consensus Rating Score	2.48	2.16	2.52
Consensus Rating	Hold	Hold	Moderate Buy
Predicted Upside	22.92% Upside	55.72% Upside	13.85% Upside
News Sentiment Rating	Positive 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

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Date	Brokerage	Analyst	Action	Rating	Price Target	Report Date Upside/Downside
7/9/2026	Deutsche Bank Aktiengesellschaft 2 of 5 stars		Set Target		$325.00	+18.08%
6/29/2026	KeyCorp 2 of 5 stars	Christopher Carril Not Rated	Lower Target	Overweight	$330.00 ➝ $315.00	+16.58%
6/23/2026	Weiss Ratings 5 of 5 stars		Downgrade	Hold (C+) ➝ Hold (C)
6/23/2026	Royal Bank Of Canada Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Logan Reich Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Reiterated Rating	Sector Perform
6/22/2026	Sanford C. Bernstein Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Reiterated Rating	Market Perform
6/12/2026	TD Cowen Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Andrew M. Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Reiterated Rating	Hold
5/11/2026	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	John Ivankoe Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Lower Target	Overweight	$325.00 ➝ $305.00	+11.39%
5/8/2026	Morgan Stanley Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Brian Harbour Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Set Target		$331.00	+17.98%
5/8/2026	Evercore Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Set Target		$350.00	+24.37%
5/8/2026	Wells Fargo & Company Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Zachary Fadem Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Lower Target	Overweight	$355.00 ➝ $320.00	+12.73%
Get the Latest News and Ratings for MCD and Related Stocks Enter your email address below to receive the latest news and analysts' ratings for McDonald's and its competitors with MarketBeat's FREE daily newsletter.
5/8/2026	Cfra Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Upgrade	Buy
5/8/2026	Barclays Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Jeffrey Bernstein Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Lower Target	Overweight	$380.00 ➝ $350.00	+24.82%
5/7/2026	Robert W. Baird Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Set Target		$305.00	+7.44%
5/7/2026	BTIG Research Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Peter Saleh Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Reiterated Rating	Buy	$370.00	+30.34%
4/27/2026	Erste Group Bank Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Downgrade	Buy ➝ Hold
4/23/2026	Rothschild & Co Redburn Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Chris Luyckx Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Upgrade	Sell ➝ Neutral	$260.00 ➝ $306.00	+1.94%
3/6/2026	Tigress Financial Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Ivan Feinseth Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Boost Target	Buy	$360.00 ➝ $385.00	+18.57%
2/13/2026	Argus Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	John Staszak Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Upgrade	Hold ➝ Buy	$380.00	+14.53%
2/13/2026	Guggenheim Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Gregory Francfort Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Lower Target	Neutral	$325.00 ➝ $320.00	-3.55%
2/12/2026	Jefferies Financial Group Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Andy Barish Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Boost Target	Buy	$360.00 ➝ $375.00	+15.98%
2/12/2026	Piper Sandler Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Brian Mullan Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Boost Target	Neutral	$323.00 ➝ $325.00	+0.52%
2/12/2026	UBS Group Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Dennis Geiger Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Boost Target	Buy	$350.00 ➝ $365.00	+12.89%
2/12/2026	Citigroup Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Jon Tower Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Boost Target	Buy	$371.00 ➝ $375.00	+15.98%
2/12/2026	Truist Financial Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Jake Bartlett Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Boost Target	Buy	$356.00 ➝ $370.00	+14.81%
2/6/2026	Mizuho Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Nick Setyan Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Boost Target	Neutral	$300.00 ➝ $325.00	+0.51%
1/6/2026	Oppenheimer Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Brian Bittner Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Upgrade	Market Perform ➝ Outperform	$355.00	+17.30%
11/6/2025	BMO Capital Markets Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Andrew Strelzik Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Reiterated Rating	Outperform
8/22/2025	Stifel Nicolaus Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Chris O'Cull Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Boost Target	Hold	$300.00 ➝ $315.00	+0.59%
7/18/2025	Bank of America Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Sara Senatore Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Lower Target	Neutral	$327.00 ➝ $322.00	+7.46%
7/14/2025	Melius Research Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Initiated Coverage	Sell	$250.00	-16.61%
7/10/2025	The Goldman Sachs Group Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Christine Cho Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Upgrade	Neutral ➝ Buy	$345.00	+17.61%
6/6/2025	Loop Capital Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Alton Stump Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Downgrade	Buy ➝ Hold	$346.00 ➝ $315.00	+2.02%
6/5/2025	TD Securities Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Agnes Lim Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Reiterated Rating	Hold	$305.00	-2.15%
5/6/2025	Northcoast Research Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Jim Sanderson Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Downgrade	Buy ➝ Neutral
2/11/2025	Wedbush Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Nick Setyan Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Boost Target	Outperform	$320.00 ➝ $330.00	+7.07%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Monday at 11:14 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 Monday, July 13, 2026. 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 that exceeded analysts' expectations, indicating strong financial performance and effective management strategies.
The company has shown a significant increase in quarterly revenue compared to the same period last year, suggesting robust growth and customer demand.
McDonald's Co. has a solid dividend yield of around 2.7%, providing investors with a reliable income stream through dividends, which are payments made to shareholders from the company's profits.
Recent promotional strategies, including collaborations with popular brands and limited-time offers, are expected to drive customer traffic and enhance sales, showcasing the company's innovative marketing approach.
The current stock price is around $300, reflecting a stable investment opportunity in a well-established brand with a strong market presence.

McDonald's
Bear Case

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

There have been reports of customer dissatisfaction regarding the taste of McDonald's food, which could impact customer loyalty and sales in the long term.
Some loyal customers are reportedly choosing other fast-food chains, indicating potential challenges in maintaining market share and customer retention.
The company has a negative return on equity, which suggests that it may not be effectively generating profits from its shareholders' investments.
While promotional efforts are in place, they may not be sufficient to counteract the negative sentiment surrounding the brand, which could affect future sales performance.
Market analysts have noted that while McDonald's Co. is considered a defensive stock, it may not present immediate catalysts for growth, leading to a cautious investment outlook.

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 $334.96, with a high forecast of $385.00 and a low forecast of $250.00.

29 Wall Street analysts have issued "buy," "hold," and "sell" ratings for McDonald's in the last twelve months. There is currently 1 sell rating, 13 hold ratings and 15 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" MCD shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in MCD, but not buy additional shares or sell existing shares.

According to analysts, McDonald's's stock has a predicted upside of 22.92% based on their 12-month stock forecasts.

Over the previous 90 days, McDonald's's stock had 4 downgrades and 2 upgrades by analysts.

McDonald's has been rated by research analysts at Barclays, BTIG Research, Cfra, Deutsche Bank Aktiengesellschaft, Erste Group Bank, Evercore, JPMorgan Chase & Co., KeyCorp, Morgan Stanley, Robert W. Baird, Rothschild & Co Redburn, Royal Bank Of Canada, Sanford C. Bernstein, TD Cowen, Weiss Ratings, and Wells Fargo & Company in the past 90 days.

Analysts like McDonald's more than other "retail/wholesale" companies. The consensus rating score for McDonald's is 2.48 while the average consensus rating score for "retail/wholesale" companies is 2.16. Learn more on how MCD compares to other companies.

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This page (NYSE:MCD) was last updated on 7/13/2026 by MarketBeat.com Staff.

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McDonald's (MCD) Stock Forecast & Price Target