McDonald’s (NYSE:MCD) Price Target Raised to $320.00

McDonald’s (NYSE:MCD) had its price target raised by analysts at Argus from $310.00 to $320.00 in a research note issued to investors on Friday, Benzinga reports. The firm presently has a “buy” rating on the fast-food giant’s stock. Argus‘s price target suggests a potential upside of 15.66% from the stock’s previous close.

Several other brokerages have also weighed in on MCD. Jefferies Financial Group decreased their price objective on shares of McDonald’s from $260.00 to $250.00 and set an “overweight” rating for the company in a report on Tuesday, September 29th. Needham & Company LLC reissued a “buy” rating on shares of McDonald’s in a research report on Monday, September 21st. Morgan Stanley cut their target price on shares of McDonald’s from $308.00 to $297.00 and set an “equal weight” rating on the stock in a research note on Monday, September 28th. TD Cowen increased their price target on shares of McDonald’s from $270.00 to $285.00 and gave the stock a “hold” rating in a research report on Wednesday. Finally, Seaport Research Partners began coverage on shares of McDonald’s in a research report on Wednesday, September 16th. They set a “neutral” rating on the stock. One equities research analyst has rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating, fourteen have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $297.82.

McDonald’s Stock Performance

Shares of MCD stock traded down $1.36 during mid-day trading on Friday, reaching $276.68. 2,433,314 shares of the company were exchanged, compared to its average volume of 4,348,413. McDonald’s has a fifty-two week low of $229.20 and a fifty-two week high of $341.75. The company has a market capitalization of $195.79 billion, a P/E ratio of 21.87, a P/E/G ratio of 3.20 and a beta of 0.42. The business’s 50 day simple moving average is $248.43 and its 200 day simple moving average is $282.70.

McDonald’s (NYSE:MCD) last issued its quarterly earnings results on Wednesday, November 4th. The fast-food giant reported $3.57 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.38 by $0.19. The business had revenue of $7.16 billion during the quarter, compared to analyst estimates of $7.28 billion. McDonald’s had a net margin of 32.38% and a negative return on equity of 671.56%. The business’s revenue was up 1.1% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $3.22 earnings per share. On average, analysts forecast that McDonald’s will post 12.83 EPS for the current year.

Hedge Funds Weigh In On McDonald’s

A number of hedge funds have recently added to or reduced their stakes in the business. GKV Capital Management Co. Inc. acquired a new stake in McDonald’s during the first quarter worth about $33,000. Valued Wealth Advisors LLC lifted its holdings in McDonald’s by 121.1% in the third quarter. Valued Wealth Advisors LLC now owns 168 shares of the fast-food giant’s stock worth $39,000 after acquiring an additional 92 shares during the last quarter. POM Investment Strategies LLC boosted its stake in McDonald’s by 46.2% in the second quarter. POM Investment Strategies LLC now owns 174 shares of the fast-food giant’s stock valued at $47,000 after acquiring an additional 55 shares during the period. Westfuller Advisors LLC boosted its stake in McDonald’s by 140.0% in the second quarter. Westfuller Advisors LLC now owns 180 shares of the fast-food giant’s stock valued at $49,000 after acquiring an additional 105 shares during the period. Finally, Burkett Financial Services LLC boosted its stake in McDonald’s by 2,312.5% in the third quarter. Burkett Financial Services LLC now owns 193 shares of the fast-food giant’s stock valued at $45,000 after acquiring an additional 185 shares during the period. Institutional investors and hedge funds own 70.29% of the company’s stock.

Key McDonald’s News

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

• Positive Sentiment: McDonald’s reported third-quarter adjusted EPS of $3.57, above the $3.38 consensus, with international growth and stronger franchised margins supporting profit. The earnings beat helped drive a recent share rally. Q3 earnings beat, but U.S. traffic still pressures growth
• Positive Sentiment: Several analysts raised their price targets and maintained positive ratings, including Citi ($315, Buy), KeyCorp ($307, Overweight) and Wells Fargo ($300, Overweight), signaling further potential upside in their view.
• Neutral Sentiment: The company is testing value bundles at nearly 2,000 U.S. restaurants, with a broader rollout planned for early 2027. The initiative could help attract budget-conscious diners, but its effect on traffic and sales remains to be seen. McDonald’s plans new value bundles after U.S. traffic falls
• Negative Sentiment: U.S. comparable sales fell 0.2% in Q3 and revenue of $7.16 billion missed expectations, keeping questions about domestic demand in focus. Freedom Broker downgraded MCD from Buy to Hold and cut its target to $298 from $305, though that target remains above the referenced share price. Freedom Broker rating update

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.