McDonald’s (NYSE:MCD) Price Target Lowered to $290.00 at Mizuho

Posted by Geri Gentry on Aug 1st, 2026

McDonald’s (NYSE:MCD – Free Report) had its price target lowered by Mizuho from $300.00 to $290.00 in a research note released on Friday,Benzinga reports. The brokerage currently has a neutral rating on the fast-food giant’s stock.

Several other research firms have also weighed in on MCD. KeyCorp restated an “overweight” rating on shares of McDonald’s in a research report on Wednesday, July 15th. Cfra raised McDonald’s to a “buy” rating in a research note on Friday, May 8th. Barclays decreased their price objective on McDonald’s from $380.00 to $350.00 and set an “overweight” rating for the company in a report on Friday, May 8th. Evercore set a $320.00 price objective on McDonald’s in a research report on Thursday, July 23rd. Finally, Citigroup dropped their target price on shares of McDonald’s from $375.00 to $335.00 and set a “buy” rating on the stock in a report on Wednesday, July 15th. Fifteen analysts have rated the stock with a Buy rating and twelve have given a Hold rating to the company’s stock. According to MarketBeat, McDonald’s has an average rating of “Moderate Buy” and an average target price of $331.92.

Check Out Our Latest Analysis on MCD

McDonald’s Stock Performance

McDonald’s stock opened at $270.83 on Friday. The stock’s 50 day simple moving average is $274.88 and its two-hundred day simple moving average is $297.69. The stock has a market cap of $192.43 billion, a price-to-earnings ratio of 22.33, a PEG ratio of 2.88 and a beta of 0.41. McDonald’s has a fifty-two week low of $260.96 and a fifty-two week high of $341.75.

McDonald’s (NYSE:MCD – Get Free Report) last posted its earnings results on Thursday, May 7th. The fast-food giant reported $2.83 earnings per share for the quarter, topping analysts’ consensus estimates of $2.74 by $0.09. McDonald’s had a negative return on equity of 442.10% and a net margin of 31.62%.The firm had revenue of $6.52 billion for the quarter, compared to the consensus estimate of $6.47 billion. During the same quarter in the prior year, the business earned $2.67 EPS. The business’s revenue for the quarter was up 9.4% on a year-over-year basis. On average, analysts predict that McDonald’s will post 12.86 earnings per share for the current year.

McDonald’s Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, September 16th. Stockholders of record on Tuesday, September 1st will be given a $1.86 dividend. This represents a $7.44 dividend on an annualized basis and a dividend yield of 2.7%. The ex-dividend date of this dividend is Tuesday, September 1st. McDonald’s’s payout ratio is currently 61.34%.

Insider Activity at McDonald’s

In other McDonald’s news, insider Joseph M. Erlinger sold 5,252 shares of McDonald’s stock in a transaction on Wednesday, June 10th. The stock was sold at an average price of $284.32, for a total transaction of $1,493,248.64. Following the completion of the transaction, the insider owned 7,734 shares in the company, valued at approximately $2,198,930.88. The trade was a 40.44% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Desiree Ralls-Morrison sold 2,763 shares of McDonald’s stock in a transaction on Thursday, May 28th. The shares were sold at an average price of $278.36, for a total value of $769,108.68. Following the transaction, the executive vice president owned 6,268 shares of the company’s stock, valued at $1,744,760.48. The trade was a 30.59% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 8,348 shares of company stock worth $2,355,634 in the last 90 days. 0.26% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On McDonald’s

Institutional investors have recently modified their holdings of the stock. Norges Bank purchased a new position in shares of McDonald’s in the 4th quarter worth about $2,890,438,000. Diamant Asset Management Inc. boosted its stake in McDonald’s by 30,979.0% in the 1st quarter. Diamant Asset Management Inc. now owns 2,596,340 shares of the fast-food giant’s stock worth $806,917,000 after purchasing an additional 2,587,986 shares in the last quarter. J. Stern & Co. LLP grew its position in McDonald’s by 9,867.5% during the 4th quarter. J. Stern & Co. LLP now owns 2,541,008 shares of the fast-food giant’s stock valued at $776,608,000 after purchasing an additional 2,515,515 shares during the last quarter. Viking Global Investors LP grew its position in McDonald’s by 171.7% during the 2nd quarter. Viking Global Investors LP now owns 3,125,432 shares of the fast-food giant’s stock valued at $913,157,000 after purchasing an additional 1,974,998 shares during the last quarter. Finally, Arrowstreet Capital Limited Partnership increased its stake in McDonald’s by 49.9% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 3,104,337 shares of the fast-food giant’s stock valued at $948,779,000 after purchasing an additional 1,033,041 shares in the last quarter. 70.29% of the stock is owned by hedge funds and other institutional investors.

Key McDonald’s News

Here are the key news stories impacting McDonald’s this week:

Positive Sentiment: Unusually heavy call-option activity suggests some traders are positioning for upside. Investors purchased 32,245 calls, approximately 45% above the average volume of 22,241 calls.
Positive Sentiment: Technical analyst Jay Woods said McDonald’s chart is beginning to form a potential buy signal, which could attract bargain hunters after the stock’s recent correction. CNBC article
Positive Sentiment: McDonald’s continues to appeal to income-focused investors after declaring a quarterly dividend of $1.86 per share. Analysts also maintain a consensus “moderate buy” recommendation. Dividend strength and softer sales expectations Consensus recommendation
Neutral Sentiment: Investors are focused on value meals, menu innovation, digital promotions, same-store sales, margins and management’s outlook when McDonald’s reports second-quarter results. Q2 earnings factors
Negative Sentiment: Mizuho lowered its price target from $300 to $290 and assigned a “neutral” rating, signaling limited conviction despite implied upside from current levels.
Negative Sentiment: The stock has remained below its 200-week moving average for the longest stretch since 2003, highlighting persistent technical weakness. Barchart technical analysis
Negative Sentiment: Analysts expect softer sales and weaker earnings, particularly as lower-income consumers remain pressured. That caution could limit gains before the earnings release. McDonald’s stock ahead of August 4 earnings

McDonald’s Company Profile

(Get Free Report)

McDonald’s Corporation (NYSE: MCD) is a global quick-service restaurant company best known for its hamburgers, French fries and breakfast offerings. The company develops, operates and franchises a system of restaurants that sell a range of food and beverage items, including signature products such as the Big Mac, Quarter Pounder, Chicken McNuggets, McCafé coffee beverages and a variety of salads, desserts and seasonal menu items. McDonald’s serves customers through company-operated restaurants and franchised locations, and it supports sales via dine-in, drive-thru, digital ordering platforms and third-party delivery partnerships.

Founded in 1940 by brothers Richard and Maurice McDonald as a single San Bernardino, California restaurant, the business was transformed into a franchising model after Ray Kroc joined in the mid-1950s and led the brand’s national and international expansion.