
McDonald's (MCD) Stock Forecast & Price Target
McDonald's (MCD) Analyst Ratings
Bulls say
McDonald's demonstrated strong financial performance with comparable sales (comps) up 26%, reflecting a 15% increase compared to 2019, driven by factors such as promotional events like the Monopoly initiative. The company has achieved several years of robust sales growth, notably in the U.S., leading to raised projections for 2026 concerning both comps and earnings per share (EPS), fueled by expected improvements in transaction volumes. Additionally, upcoming initiatives, including menu innovation and enhancements in digital sales and service, are anticipated to sustain positive performance and recovery heading into 2025 and 2026.
Bears say
McDonald's is experiencing sequential deceleration in comparable sales, with a notable decline of 120 basis points in September and a 40 basis points decrease on a two-year stacked basis, signaling a potential weakening demand. This trend is corroborated by industry reports indicating an overall consumer pullback in spending within the restaurant sector, particularly as economic recession fears loom, which could further diminish restaurant visit frequency and per-visit spending. Additionally, the firm faces risks related to moderating traffic trends in the U.S., leading to lower earnings growth and limited opportunities for positive earnings surprises against an above-historical average valuation multiple.
This aggregate rating is based on analysts' research of McDonald's and is not a guaranteed prediction by Public.com or investment advice.
McDonald's (MCD) Analyst Forecast & Price Prediction
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