McDonald's (MCD) Stock Forecast & Price Target

$319.63 -1.60 (-0.50%)

As of 03:58 PM Eastern

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, 16 have given a buy rating, and 1 has given a strong buy rating for MCD.

Consensus Price Target

$325.91
1.97% Upside

According to the 28 analysts' twelve-month price targets for McDonald's, the average price target is $325.91. The highest price target for MCD is $364.00, while the lowest price target for MCD is $265.00. The average price target represents a forecasted upside of 1.97% from the current price of $319.63.

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MCD Analyst Ratings Over Time

Type	Current Forecast 5/20/24 to 5/20/25	1 Month Ago 4/20/24 to 4/20/25	3 Months Ago 2/20/24 to 2/19/25	1 Year Ago 5/21/23 to 5/20/24
Strong Buy	1 Strong Buy rating(s)	1 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	16 Buy rating(s)	16 Buy rating(s)	16 Buy rating(s)	20 Buy rating(s)
Hold	11 Hold rating(s)	9 Hold rating(s)	10 Hold rating(s)	8 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$325.91	$322.87	$323.61	$317.74
Forecasted Upside	1.97% Upside	3.88% Upside	7.26% Upside	18.60% 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.

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	2.64	2.55	2.54
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy
Predicted Upside	1.97% Upside	57.95% Upside	13.03% 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

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
5/6/2025	Northcoast Research 5 of 5 stars	J. Sanderson Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Buy ➝ Neutral
5/5/2025	BMO Capital Markets 4 of 5 stars	Andrew Strelzik Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Outperform ➝ Outperform	$340.00 ➝ $345.00	+10.65%
5/2/2025	Truist Financial 2 of 5 stars	Jake Bartlett Subscribe to MarketBeat All Access for the recommendation accuracy rating	Set Target		$350.00	+10.85%
5/2/2025	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating	J. Tower Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Buy ➝ Buy	$353.00 ➝ $364.00	+16.75%
5/2/2025	Barclays Subscribe to MarketBeat All Access for the recommendation accuracy rating	Jeffrey Bernstein Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Overweight ➝ Overweight	$347.00 ➝ $355.00	+13.86%
5/2/2025	Piper Sandler Subscribe to MarketBeat All Access for the recommendation accuracy rating	Brian Mullan Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Neutral ➝ Neutral	$292.00 ➝ $314.00	+0.80%
5/2/2025	Robert W. Baird Subscribe to MarketBeat All Access for the recommendation accuracy rating	David Tarantino Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Neutral ➝ Neutral	$300.00 ➝ $315.00	+0.42%
4/22/2025	BTIG Research Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Neutral ➝ Neutral
3/27/2025	KeyCorp Subscribe to MarketBeat All Access for the recommendation accuracy rating	Eric Gonzalez Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Overweight ➝ Overweight	$335.00 ➝ $340.00	+8.49%
3/17/2025	Erste Group Bank Subscribe to MarketBeat All Access for the recommendation accuracy rating	S. Lingnau Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Hold ➝ Strong-Buy
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3/17/2025	Morgan Stanley Subscribe to MarketBeat All Access for the recommendation accuracy rating	John Glass Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Overweight ➝ Overweight	$340.00 ➝ $335.00	+10.79%
2/11/2025	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating	Sara Senatore Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Neutral ➝ Neutral	$312.00 ➝ $316.00	+2.19%
2/11/2025	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating	John Ivankoe Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Overweight ➝ Overweight	$280.00 ➝ $300.00	-2.67%
2/11/2025	Wedbush Subscribe to MarketBeat All Access for the recommendation accuracy rating	Nick Setyan Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Outperform ➝ Outperform	$320.00 ➝ $330.00	+7.07%
2/10/2025	TD Securities Subscribe to MarketBeat All Access for the recommendation accuracy rating	Agnes Lim Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Hold ➝ Hold	$300.00 ➝ $300.00	+1.90%
1/3/2025	Loop Capital Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Buy ➝ Buy	$342.00 ➝ $342.00	+16.48%
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	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%
10/21/2024	Wells Fargo & Company Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Overweight ➝ Overweight	$285.00 ➝ $350.00	+10.73%
10/15/2024	Evercore ISI Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Outperform ➝ Outperform	$320.00 ➝ $340.00	+9.73%
10/9/2024	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
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%
9/9/2024	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%
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%
2/5/2024	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%
10/31/2023	DZ Bank Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Hold ➝ Buy	$300.00	+15.32%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Tuesday at 10:43 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 Wednesday, May 14, 2025. 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.:

The current stock price is around $310, which may present a buying opportunity for investors looking for value in a well-established brand.
McDonald's Co. has a strong net margin of approximately 31.73%, indicating efficient management and profitability, which can lead to higher returns for shareholders.
Analysts predict that McDonald's Co. will post earnings per share of 12.25 for the current fiscal year, suggesting potential growth in profitability.
Recent upgrades from analysts, including a price target increase to $345, reflect positive sentiment and confidence in the company's future performance.
With 70.29% of the stock owned by institutional investors, there is a level of confidence from large financial entities, which can be reassuring for individual investors.

McDonald's
Bear Case

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

The company reported a revenue decline of about 3.5% compared to the same quarter last year, which may indicate challenges in maintaining sales growth.
McDonald's Co. has a negative return on equity of 181.63%, suggesting that the company is not generating profit from its equity, which could be a red flag for potential investors.
Insider selling activity has been notable, with executives selling significant shares, which could signal a lack of confidence in the company's short-term prospects.
Despite meeting earnings expectations, the earnings per share of $2.67 is slightly lower than the previous year's $2.70, indicating potential stagnation in growth.
Market analysts have mixed ratings, with several downgrades to "neutral," which may suggest uncertainty about the company's future performance.

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 $325.91, with a high forecast of $364.00 and a low forecast of $265.00.
: 28 Wall Street analysts have issued "buy," "hold," and "sell" ratings for McDonald's in the last twelve months. There are currently 11 hold ratings, 16 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" MCD shares.
: According to analysts, McDonald's's stock has a predicted upside of 1.97% based on their 12-month stock forecasts.
: Over the previous 90 days, McDonald's's stock had 1 upgrade and 1 downgrade by analysts.
: McDonald's has been rated by research analysts at Barclays, BMO Capital Markets, BTIG Research, Citigroup, Erste Group Bank, KeyCorp, Morgan Stanley, Northcoast Research, Piper Sandler, Robert W. Baird, and Truist Financial in the past 90 days.
: Analysts like McDonald's more than other "retail/wholesale" companies. The consensus rating score for McDonald's is 2.64 while the average consensus rating score for "retail/wholesale" companies is 2.55. Learn more on how MCD compares to other companies.

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This page (NYSE:MCD) was last updated on 5/20/2025 by MarketBeat.com Staff

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McDonald's (MCD) Stock Forecast & Price Target