McDonald's Corporation (MCD) Stock Forecast
MCD analyst forecast
as of October 18, 2026- Analyst consensus
- Buy 3.94 / 5 from 34 analysts
- Price target
- $292.03 average of analyst targets
- Upside to target
- +20.2% from the latest close
- Next earnings
- November 4, 2026 EPS estimate $3.37
- 52-week range
- $230.88 – $341.06
MCD analyst ratings
34 analystsNumber of analysts at each rating.
MCD price target
The average of analyst 12-month price targets compared with the latest close and the 52-week range.
MCD earnings per share estimates
| Period | Average | Low | High | Year ago | Growth | Analysts |
|---|---|---|---|---|---|---|
| Current quarter (Sep '26) | $3.38 | $3.23 | $3.50 | $3.22 | +5.1% | 27 |
| Current fiscal year (2026) | $12.89 | $12.63 | $13.23 | $12.20 | +5.7% | 31 |
| Next fiscal year (2027) | $13.76 | $12.81 | $14.73 | $12.89 | +6.7% | 32 |
Consensus EPS estimates; growth compares the average estimate with the year-ago EPS.
MCD revenue estimates
| Period | Average | Low | High | Growth | Analysts |
|---|---|---|---|---|---|
| Current quarter (Sep '26) | $7.29B | $7.00B | $7.40B | +2.9% | 26 |
| Current fiscal year (2026) | $28.15B | $27.41B | $28.50B | +4.7% | 31 |
| Next fiscal year (2027) | $28.95B | $26.05B | $30.61B | +2.9% | 32 |
MCD EPS: reported and forecast
Fiscal years; "E" marks estimates, the line shows the range from the lowest to the highest estimate.
MCD revenue: reported and forecast
MCD EPS estimate revisions
| Period | 90 days ago | 60 days ago | 30 days ago | 7 days ago | Now | Change (90 d) | Revisions (30 d) |
|---|---|---|---|---|---|---|---|
| Current quarter (Sep '26) | $3.44 | $3.40 | $3.40 | $3.38 | $3.38 | −1.6% | 2 up · 16 down |
| Current fiscal year (2026) | $12.95 | $12.94 | $12.92 | $12.90 | $12.89 | −0.4% | 4 up · 17 down |
| Next fiscal year (2027) | $14.16 | $14.00 | $13.98 | $13.77 | $13.76 | −2.8% | 1 up · 20 down |
How the consensus EPS estimate changed over the last 90 days, and how many analysts raised or lowered it in the last 30 days.
MCD earnings surprises
Reported EPS vs the consensus estimate for the last 12 quarters; MCD beat in 8 of 12.
What analysts expect from MCD
34 analysts cover McDonald's; their consensus rating is buy (3.94 on a 1–5 scale, where 5 is a strong buy). The average price target is $292.03, 20.2% above the latest close of $242.97. Analysts expect earnings of $12.89 per share for 2026, +5.7% from a year earlier. For 2027 the average estimate is $13.76 per share on revenue of $29.0 billion. McDonald's beat the EPS estimate in 8 of the last 12 quarters.
Related: MCD income statement, MCD key metrics, MCD chart. See the MCD stock overview for the latest quote and news.
MCD forecast FAQ
What is McDonald's's price target?
The average analyst price target for McDonald's is $292.03, 20.2% above the latest close of $242.97.
Is McDonald's a buy, hold or sell?
Of 34 analysts covering McDonald's, 15 rate it a strong buy, 4 a buy, 14 a hold, 0 a sell and 1 a strong sell, a consensus of buy. Ratings are opinions, not a recommendation from Quotelinks.
What is McDonald's's EPS forecast?
Analysts forecast $12.89 per share for 2026 (range $12.63 to $13.23); for 2027 the estimate is $13.76.
What is McDonald's's revenue forecast?
The average revenue estimate for 2026 is $28.1 billion, growth of 4.7%; for 2027 it is $29.0 billion.
When does McDonald's report earnings?
McDonald's is expected to report results for the quarter ending September 30, 2026 on November 4, 2026 before the market opens; the EPS estimate is $3.37.
Does McDonald's usually beat earnings estimates?
McDonald's reported EPS at or above the analyst estimate in 8 of the last 12 quarters.