McDonald’s Corporation (NYSE:MCD) Stock Has Consensus Target Price of $295.94 According to Brokerages

Posted by Geri Gentry on Oct 16th, 2026

Shares of McDonald’s Corporation (NYSE:MCD – Get Free Report) have earned an average rating of “Moderate Buy” from the thirty-seven brokerages that are covering the stock, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, thirteen have assigned a hold recommendation, twenty-two have issued a buy recommendation and one has given a strong buy recommendation to the company. The average twelve-month price objective among analysts that have covered the stock in the last year is $295.94.

Several equities research analysts recently issued reports on MCD shares. Deutsche Bank Aktiengesellschaft decreased their price target on McDonald’s from $325.00 to $300.00 and set a “buy” rating for the company in a report on Monday, September 14th. Daiwa Securities Group dropped their price objective on McDonald’s from $309.00 to $293.00 and set an “outperform” rating on the stock in a research note on Thursday, August 6th. Evercore dropped their price objective on McDonald’s from $320.00 to $300.00 and set an “outperform” rating on the stock in a research note on Thursday, September 24th. Morgan Stanley cut their price objective on shares of McDonald’s from $308.00 to $297.00 and set an “equal weight” rating on the stock in a report on Monday, September 28th. Finally, Freedom Capital upgraded shares of McDonald’s from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, August 5th.

Read Our Latest Report on MCD

McDonald’s Stock Performance

MCD stock opened at $242.67 on Tuesday. The business has a 50-day simple moving average of $252.68 and a two-hundred day simple moving average of $272.30. The company has a market capitalization of $171.72 billion, a P/E ratio of 19.71, a price-to-earnings-growth ratio of 2.67 and a beta of 0.44. McDonald’s has a 52-week low of $229.20 and a 52-week high of $341.75.

McDonald’s (NYSE:MCD – Get Free Report) last issued its quarterly earnings data on Tuesday, August 4th. The fast-food giant reported $3.38 EPS for the quarter, topping the consensus estimate of $3.32 by $0.06. McDonald’s had a negative return on equity of 572.06% and a net margin of 31.72%. The firm had revenue of $7.10 billion during the quarter, compared to the consensus estimate of $7.13 billion. During the same period in the prior year, the business posted $3.19 earnings per share. The company’s quarterly revenue was up 3.7% compared to the same quarter last year. As a group, sell-side analysts forecast that McDonald’s will post 12.84 earnings per share for the current fiscal year.

McDonald’s Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 15th. Shareholders of record on Tuesday, December 1st will be paid a $1.93 dividend. This is a positive change from McDonald’s’s previous quarterly dividend of $1.86. The ex-dividend date is Tuesday, December 1st. This represents a $7.72 annualized dividend and a yield of 3.2%. McDonald’s’s dividend payout ratio (DPR) is 60.44%.

McDonald’s News Summary

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

Positive Sentiment: Consumer-stock rotation provided support. Investors have been shifting money out of technology stocks and into beaten-down consumer names, giving McDonald’s and other restaurant stocks a lift. These Consumer Stocks Are Getting a Lift as Investors Rotate Out of Tech
Positive Sentiment: Options trading indicates near-term bullish positioning. Traders purchased 42,937 MCD call options, about 24% above typical daily call volume. This can signal expectations for a rebound, although it does not guarantee sustained buying.
Positive Sentiment: Limited-time promotions may help traffic. McDonald’s is bringing back a popular meal and its Halloween Boo Buckets, featuring a Disney-villain theme. These promotions could support customer engagement and sales during the quarter. McDonald’s is bringing back an iconic meal for a limited time
Positive Sentiment: Dividend status remains a long-term attraction. McDonald’s has become a Dividend King, supported by its franchised business model, royalty income and pricing power. Nevertheless, future dividend growth depends on earnings recovery. McDonald’s Dividend King Status Is Impressive, but Valuation Still Matters

Hedge Funds Weigh In On McDonald’s

Several institutional investors have recently modified their holdings of MCD. Abound Financial LLC purchased a new stake in shares of McDonald’s during the 4th quarter valued at $30,000. Purpose Unlimited Inc. bought a new stake in shares of McDonald’s during the 4th quarter worth $31,000. GKV Capital Management Co. Inc. bought a new stake in shares of McDonald’s during the 1st quarter worth $33,000. Merkkuri Wealth Advisors LLC bought a new stake in shares of McDonald’s during the 1st quarter worth $43,000. Finally, Financial Life Planners purchased a new position in shares of McDonald’s in the 1st quarter worth about $51,000. 70.29% of the stock is owned by institutional investors.

McDonald’s Company Profile

(Get Free Report)

McDonald’s Corporation is a global quick-service restaurant company that operates and franchises restaurants under the McDonald’s brand. Its restaurants serve a menu that includes hamburgers, cheeseburgers, chicken sandwiches, French fries, breakfast items, desserts, salads, beverages and coffee. Offerings vary by market, and many locations provide drive-thru service, delivery and digital ordering through the McDonald’s mobile app.

The company operates through a heavily franchised business model, with restaurants owned and operated by independent franchisees, affiliates and the company itself.