McDonald's (MCD) Stock Forecast & Price Target

$283.71 -1.46 (-0.51%)

Closing price 03:59 PM Eastern

Extended Trading

$286.70 +2.99 (+1.05%)

As of 08:00 PM Eastern

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

Consensus Rating

Hold

Based on 31 Analyst Ratings

Sell
1

Hold
14

Buy
16

Based on 31 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 31 analysts, 1 has given a sell rating, 14 have given a hold rating, and 16 have given a buy rating for MCD.

Consensus Price Target

$340.93
20.17% Upside

According to the 31 analysts' twelve-month price targets for McDonald's, the average price target is $340.93. 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 20.17% from the current price of $283.71.

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 5/6/25 to 5/6/26	1 Month Ago 4/6/25 to 4/6/26	3 Months Ago 2/5/25 to 2/5/26	1 Year Ago 5/6/24 to 5/6/25
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	1 Strong Buy rating(s)
Buy	16 Buy rating(s)	17 Buy rating(s)	15 Buy rating(s)	16 Buy rating(s)
Hold	14 Hold rating(s)	13 Hold rating(s)	14 Hold rating(s)	10 Hold rating(s)
Sell	1 Sell rating(s)	2 Sell rating(s)	2 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$340.93	$339.69	$331.37	$325.91
Forecasted Upside	20.17% Upside	9.63% Upside	2.48% Upside	2.83% Upside
Consensus Rating	Hold	Hold	Hold	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	2.48	2.15	2.52
Consensus Rating	Hold	Hold	Moderate Buy
Predicted Upside	20.17% Upside	85.83% Upside	14.01% 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

Date	Brokerage	Analyst	Action	Rating	Price Target	Report Date Upside/Downside
4/28/2026	BTIG Research 2 of 5 stars	Peter Saleh 2 of 5 stars	Reiterated Rating	Buy	$370.00	+27.39%
4/27/2026	Weiss Ratings Not Rated		Downgrade	Buy (B) ➝ Buy (B-)
4/27/2026	Erste Group Bank 2 of 5 stars		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%
4/21/2026	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	Lower Target	Equal Weight	$335.00 ➝ $334.00	+10.03%
4/20/2026	KeyCorp Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Christopher Carril Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Lower Target	Overweight	$354.00 ➝ $345.00	+10.65%
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%
2/24/2026	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	Boost Target	Overweight	$305.00 ➝ $325.00	-2.34%
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%
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.
2/12/2026	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	Boost Target	Sector Perform	$320.00 ➝ $330.00	+0.21%
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	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	Boost Target	Overweight	$372.00 ➝ $380.00	+17.77%
2/12/2026	Robert W. Baird Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	David Tarantino Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Set Target		$335.00	+3.61%
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	Sanford C. Bernstein 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	Reiterated Rating	Market Perform	$340.00	+5.16%
2/12/2026	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	Boost Target	Overweight	$345.00 ➝ $355.00	+9.80%
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%
2/12/2026	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	$320.00	-1.03%
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%
8/8/2025	Evercore Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	David Palmer Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Boost Target	Outperform	$350.00 ➝ $360.00	+16.92%
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%
7/30/2024	Deutsche Bank Aktiengesellschaft Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Lower Target	Buy	$295.00 ➝ $290.00	+9.63%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Wednesday at 11:50 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 Saturday, May 2, 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.:

The current stock price is around $333, reflecting a stable valuation in the quick-service restaurant sector.
McDonald's Co. has a solid annualized dividend of $7.44, providing a yield of 2.6%, which can be attractive for income-focused investors.
Recent insider buying activity indicates confidence in the company's future, with executives holding significant shares post-sale.
Analysts have a generally positive outlook, with many rating the stock as a "buy" and setting target prices that suggest potential upside.
Innovative product offerings, such as new beverage options aimed at competing with major brands, could drive future sales growth.

McDonald's
Bear Case

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

Recent downgrades from analysts, such as Erste Group moving from "buy" to "hold," may indicate a cautious outlook on the stock's performance.
Challenges in the operating environment, including slowing customer traffic and rising food costs, could pressure profit margins.
Insider selling activity, while not uncommon, may raise concerns about executives' confidence in the company's near-term prospects.
Mixed signals from analysts regarding fair value adjustments suggest uncertainty in the stock's future price movements.
Overall market conditions and economic factors could impact consumer spending, affecting sales at McDonald's Co. locations.

MCD Forecast - Frequently Asked Questions

: According to the research reports of 31 Wall Street equities research analysts, the average twelve-month stock price forecast for McDonald's is $340.93, with a high forecast of $385.00 and a low forecast of $250.00.
: 31 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for McDonald's in the last year. There is currently 1 sell rating, 14 hold ratings and 16 buy ratings for the stock. The consensus among Wall Street research 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 20.17% based on their 12-month stock forecasts.
: Over the previous 90 days, McDonald's's stock had 3 upgrades and 2 downgrades by analysts.
: McDonald's has been rated by research analysts at Argus, Barclays, BTIG Research, Citigroup, Erste Group Bank, Guggenheim, Jefferies Financial Group, JPMorgan Chase & Co., KeyCorp, Mizuho, Morgan Stanley, Piper Sandler, Robert W. Baird, Rothschild & Co Redburn, Royal Bank Of Canada, Sanford C. Bernstein, TD Cowen, Tigress Financial, Truist Financial, UBS Group, 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 2.15. Learn more on how MCD compares to other companies.

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This page (NYSE:MCD) was last updated on 5/6/2026 by MarketBeat.com Staff.

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McDonald's (MCD) Stock Forecast & Price Target

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

Consensus Rating

Consensus Price Target

MCD Analyst Ratings Over Time

MCD Analyst Recommendations By Month

MCD Price Targets by Month

McDonald's Stock vs. The Competition

Recent Analyst Forecasts and Stock Ratings

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

McDonald's
Bull Case

McDonald's
Bear Case

MCD Forecast - Frequently Asked Questions

Stock Forecasts and Research Tools

Today's Analyst Ratings

Top-Rated Stocks

More Ratings Tools

Brokerages With McDonald's Recommendations

Best-in-Class Portfolio Monitoring

Stock Ideas and Recommendations

Advanced Stock Screeners and Research Tools

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McDonald's (MCD) Stock Forecast & Price Target

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

Consensus Rating

Consensus Price Target

MCD Analyst Ratings Over Time

MCD Analyst Recommendations By Month

MCD Price Targets by Month

McDonald's Stock vs. The Competition

Recent Analyst Forecasts and Stock Ratings

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

McDonald's Bull Case

McDonald's Bear Case

MCD Forecast - Frequently Asked Questions

Stock Forecasts and Research Tools

Today's Analyst Ratings

Top-Rated Stocks

More Ratings Tools

Brokerages With McDonald's Recommendations

MarketBeat All Access Features

Best-in-Class Portfolio Monitoring

Stock Ideas and Recommendations

Advanced Stock Screeners and Research Tools

McDonald's
Bull Case

McDonald's
Bear Case