McDonald’s Corporation (NYSE:MCD) Stock Has Consensus Target Price of $297.82 According to Brokerages

Shares of McDonald’s Corporation (NYSE:MCD) have received an average recommendation of “Moderate Buy” from the thirty-eight brokerages that are presently covering the company, MarketBeat reports. One equities research analyst has rated the stock with a sell rating, fourteen have issued a hold rating, twenty-one have given a buy rating and two have assigned a strong buy rating to the company. The average 1-year price objective among brokerages that have covered the stock in the last year is $297.82.

Several equities research analysts have recently commented on MCD shares. Freedom Capital upgraded shares of McDonald’s from a “hold” rating to a “strong-buy” rating in a report on Wednesday, August 5th. KeyCorp increased their price objective on shares of McDonald’s from $280.00 to $307.00 and gave the company an “overweight” rating in a research note on Thursday, November 5th. Argus lifted their price objective on shares of McDonald’s from $310.00 to $320.00 and gave the company a “buy” rating in a report on Friday. Guggenheim reduced their price objective on shares of McDonald’s from $290.00 to $250.00 and set a “neutral” rating for the company in a research note on Monday, October 5th. Finally, Mizuho lowered their target price on McDonald’s from $290.00 to $260.00 and set a “neutral” rating for the company in a report on Friday, October 30th.

Institutional Investors Weigh In On McDonald’s

A number of hedge funds have recently made changes to their positions in the stock. GKV Capital Management Co. Inc. bought a new position in McDonald’s in the first quarter worth about $33,000. Valued Wealth Advisors LLC boosted its holdings in shares of McDonald’s by 121.1% in the 3rd quarter. Valued Wealth Advisors LLC now owns 168 shares of the fast-food giant’s stock valued at $39,000 after buying an additional 92 shares in the last quarter. Burkett Financial Services LLC grew its position in shares of McDonald’s by 2,312.5% in the 3rd quarter. Burkett Financial Services LLC now owns 193 shares of the fast-food giant’s stock worth $45,000 after buying an additional 185 shares during the last quarter. POM Investment Strategies LLC grew its position in shares of McDonald’s by 46.2% in the 2nd quarter. POM Investment Strategies LLC now owns 174 shares of the fast-food giant’s stock worth $47,000 after buying an additional 55 shares during the last quarter. Finally, Westfuller Advisors LLC grew its position in shares of McDonald’s by 140.0% in the 2nd quarter. Westfuller Advisors LLC now owns 180 shares of the fast-food giant’s stock worth $49,000 after buying an additional 105 shares during the last quarter. 70.29% of the stock is currently owned by hedge funds and other institutional investors.

Key Stories Impacting McDonald’s

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

• Positive Sentiment: McDonald’s Q3 earnings beat expectations, and management pointed to cost discipline, refranchising and targeted digital promotions as drivers of stronger profitability. The earnings response was positive, although revenue fell short of forecasts. The top 5 analyst questions from McDonald’s Q3 2026 earnings call
• Positive Sentiment: The company and Uber are expanding their delivery partnership across 14 markets, adding in-app ordering and cross-platform loyalty benefits that could support order volume and customer engagement. McDonald’s Expands Uber Partnership in 14 Markets
• Positive Sentiment: A Pokémon Happy Meal promotion could provide a short-term traffic draw, though its financial impact is not yet clear. McDonald’s, Pokémon team for Happy Meal
• Neutral Sentiment: McDonald’s is testing a low-priced bundle in about 1,900 U.S. restaurants as it adjusts deals for increasingly price-conscious customers. The test may help traffic, but its results will be important to watch. MCD Stock Outlook: Wall Street Eyes a Potential Upside Breakout After Q3 Results
• Negative Sentiment: U.S. guest counts are still falling, and the latest revenue missed expectations. Analysts and commentary warn that higher average checks have not yet demonstrated a sustainable recovery in visits. McDonald’s Is Rethinking Its Deals as Customers Get Pickier About Prices
• Negative Sentiment: Some market commentary argues the post-earnings rebound may be pricing in a turnaround before traffic and cash-flow improvement are firmly established. McDonald’s: The Earnings Bounce Is Pricing In A Turnaround That Hasn’t Happened Yet

McDonald’s Trading Up 1.8%

Shares of McDonald’s stock opened at $281.54 on Friday. The stock’s fifty day moving average price is $249.09 and its 200-day moving average price is $282.45. The firm has a market cap of $199.23 billion, a P/E ratio of 22.27, a P/E/G ratio of 3.20 and a beta of 0.42. McDonald’s has a 12 month low of $229.20 and a 12 month high of $341.75.

McDonald’s (NYSE:MCD) last released its quarterly earnings data on Wednesday, November 4th. The fast-food giant reported $3.57 earnings per share for the quarter, topping analysts’ consensus estimates of $3.38 by $0.19. McDonald’s had a net margin of 32.38% and a negative return on equity of 671.56%. The company had revenue of $7.16 billion during the quarter, compared to analyst estimates of $7.28 billion. During the same period in the prior year, the firm earned $3.22 earnings per share. The firm’s revenue for the quarter was up 1.1% compared to the same quarter last year. Analysts forecast that McDonald’s will post 12.88 earnings per share for the current year.

McDonald’s Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, December 15th. Stockholders of record on Tuesday, December 1st will be given a $1.93 dividend. This represents a $7.72 annualized dividend and a dividend yield of 2.7%. The ex-dividend date of this dividend is Tuesday, December 1st. This is a positive change from McDonald’s’s previous quarterly dividend of $1.86. McDonald’s’s dividend payout ratio is presently 58.86%.

About McDonald’s

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.