Investment Analysts’ Weekly Ratings Updates for McDonald’s (MCD)

Several brokerages have updated their recommendations and price targets on shares of McDonald’s (NYSE: MCD) in the last few weeks:

• 11/6/2026 – McDonald’s had its price target raised by Argus from $310.00 to $320.00. They now have a “buy” rating on the stock.
• 11/5/2026 – McDonald’s had its price target raised by Royal Bank Of Canada from $285.00 to $300.00. They now have a “sector perform” rating on the stock.
• 11/5/2026 – McDonald’s had its price target raised by Sanford C. Bernstein from $250.00 to $280.00. They now have a “market perform” rating on the stock.
• 11/5/2026 – McDonald’s had its price target raised by BTIG Research from $295.00 to $305.00. They now have a “buy” rating on the stock.
• 11/5/2026 – McDonald’s had its “outperform” rating reaffirmed by BMO Capital Markets.
• 11/5/2026 – McDonald’s is now covered by HSBC. They set a “strong-buy” rating on the stock.
• 11/5/2026 – McDonald’s was downgraded by Freedom Broker from “buy” to “hold”. They now have a $298.00 price target on the stock, down from $305.00.
• 11/5/2026 – McDonald’s had its price target raised by JPMorgan Chase & Co. from $250.00 to $270.00. They now have an “overweight” rating on the stock.
• 11/5/2026 – McDonald’s had its price target raised by Citigroup from $295.00 to $315.00. They now have a “buy” rating on the stock.
• 11/5/2026 – McDonald’s had its price target raised by KeyCorp from $280.00 to $307.00. They now have an “overweight” rating on the stock.
• 11/5/2026 – McDonald’s had its price target raised by Wells Fargo & Company from $270.00 to $300.00. They now have an “overweight” rating on the stock.
• 11/4/2026 – McDonald’s had its price target raised by TD Cowen from $270.00 to $285.00. They now have a “hold” rating on the stock.
• 10/30/2026 – McDonald’s had its price target lowered by Mizuho from $290.00 to $260.00. They now have a “neutral” rating on the stock.
• 10/26/2026 – McDonald’s had its “buy” rating reaffirmed by BTIG Research. They now have a $295.00 price target on the stock.
• 10/20/2026 – McDonald’s had its price target lowered by Citigroup from $305.00 to $295.00. They now have a “buy” rating on the stock.
• 10/19/2026 – McDonald’s had its “buy” rating reaffirmed by UBS Group.
• 10/8/2026 – McDonald’s had its price target lowered by Sanford C. Bernstein from $295.00 to $250.00. They now have a “market perform” rating on the stock.
• 10/6/2026 – McDonald’s had its price target lowered by KeyCorp from $305.00 to $280.00. They now have an “overweight” rating on the stock.
• 10/5/2026 – McDonald’s had its price target lowered by Guggenheim from $290.00 to $250.00. They now have a “neutral” rating on the stock.
• 10/5/2026 – McDonald’s had its price target lowered by Wells Fargo & Company from $300.00 to $270.00. They now have an “overweight” rating on the stock.
• 10/2/2026 – McDonald’s was downgraded by Weiss Ratings from “hold (c)” to “hold (c-)”.
• 9/29/2026 – McDonald’s had its price target lowered by Jefferies Financial Group from $260.00 to $250.00. They now have an “overweight” rating on the stock.
• 9/28/2026 – McDonald’s had its price target lowered by Morgan Stanley from $308.00 to $297.00. They now have an “equal weight” rating on the stock.
• 9/28/2026 – McDonald’s had its price target lowered by Melius Research from $250.00 to $230.00. They now have a “sell” rating on the stock.
• 9/28/2026 – McDonald’s had its price target lowered by Melius Research from $250.00 to $230.00. They now have a “sell” rating on the stock.
• 9/25/2026 – McDonald’s had its “market perform” rating reaffirmed by Sanford C. Bernstein. They now have a $295.00 price target on the stock, down from $310.00.
• 9/25/2026 – McDonald’s was given a new $250.00 price target by HC Wainwright.
• 9/24/2026 – McDonald’s had its “buy” rating reaffirmed by Jefferies Financial Group. They now have a $325.00 price target on the stock, down from $360.00.
• 9/24/2026 – McDonald’s was given a new $260.00 price target by UBS Group.
• 9/24/2026 – McDonald’s had its price target lowered by TD Cowen from $282.00 to $270.00. They now have a “hold” rating on the stock.
• 9/24/2026 – McDonald’s had its price target lowered by BMO Capital Markets from $335.00 to $310.00. They now have an “outperform” rating on the stock.
• 9/24/2026 – McDonald’s had its price target lowered by Evercore from $320.00 to $300.00. They now have an “outperform” rating on the stock.
• 9/24/2026 – McDonald’s had its price target lowered by TD Cowen from $282.00 to $270.00. They now have a “hold” rating on the stock.
• 9/24/2026 – McDonald’s had its price target lowered by Citigroup from $310.00 to $305.00. They now have a “buy” rating on the stock.
• 9/24/2026 – McDonald’s had its price target lowered by Gordon Haskett from $315.00 to $285.00. They now have a “buy” rating on the stock.
• 9/24/2026 – McDonald’s had its “buy” rating reaffirmed by DZ Bank.
• 9/24/2026 – McDonald’s had its price target lowered by Robert W. Baird from $285.00 to $250.00. They now have a “neutral” rating on the stock.
• 9/24/2026 – McDonald’s had its price target lowered by Oppenheimer from $325.00 to $295.00. They now have an “outperform” rating on the stock.
• 9/24/2026 – McDonald’s had its price target lowered by JPMorgan Chase & Co. from $280.00 to $260.00. They now have an “overweight” rating on the stock.
• 9/24/2026 – McDonald’s had its price target lowered by Royal Bank Of Canada from $290.00 to $285.00. They now have a “sector perform” rating on the stock.
• 9/24/2026 – McDonald’s had its price target lowered by BTIG Research from $350.00 to $295.00. They now have a “buy” rating on the stock.
• 9/21/2026 – McDonald’s had its “overweight” rating reaffirmed by KeyCorp. They now have a $305.00 price target on the stock, down from $315.00.
• 9/21/2026 – McDonald’s had its price target lowered by UBS Group from $340.00 to $320.00. They now have a “buy” rating on the stock.
• 9/21/2026 – McDonald’s had its “buy” rating reaffirmed by Needham & Company LLC.
• 9/21/2026 – McDonald’s had its price target lowered by UBS Group from $340.00 to $320.00. They now have a “buy” rating on the stock.
• 9/21/2026 – McDonald’s had its price target lowered by BMO Capital Markets from $335.00 to $310.00. They now have an “outperform” rating on the stock.
• 9/18/2026 – McDonald’s had its “hold (c)” rating reaffirmed by Weiss Ratings.
• 9/17/2026 – McDonald’s had its price target lowered by Citigroup from $345.00 to $310.00. They now have a “buy” rating on the stock.
• 9/16/2026 – McDonald’s is now covered by Seaport Research Partners. They set a “neutral” rating on the stock.
• 9/16/2026 – McDonald’s had its “buy” rating reaffirmed by BTIG Research. They now have a $350.00 price target on the stock.
• 9/15/2026 – McDonald’s had its price target lowered by Royal Bank Of Canada from $295.00 to $290.00. They now have a “sector perform” rating on the stock.
• 9/14/2026 – McDonald’s had its price target lowered by Deutsche Bank from $325.00 to $300.00. They now have a “buy” rating on the stock.
• 9/14/2026 – McDonald’s had its price target lowered by Morgan Stanley from $319.00 to $308.00. They now have an “equal weight” rating on the stock.
• 9/14/2026 – McDonald’s had its “neutral” rating reaffirmed by Royal Bank Of Canada.

McDonald’s Stock Performance

Shares of MCD stock traded up $0.24 on Friday, reaching $273.87. The stock had a trading volume of 1,064,613 shares, compared to its average volume of 4,364,713. The stock has a market cap of $193.29 billion, a P/E ratio of 21.67, a price-to-earnings-growth ratio of 3.18 and a beta of 0.42. McDonald’s Corporation has a 1 year low of $229.20 and a 1 year high of $341.75. The company has a 50 day simple moving average of $249.98 and a 200 day simple moving average of $281.96.

McDonald’s (NYSE:MCD) last issued its quarterly earnings data on Wednesday, November 4th. The fast-food giant reported $3.57 EPS for the quarter, topping the consensus estimate of $3.38 by $0.19. McDonald’s had a negative return on equity of 826.29% and a net margin of 32.38%. The company had revenue of $7.16 billion during the quarter, compared to analyst estimates of $7.28 billion. During the same quarter in the previous year, the company posted $3.22 earnings per share. McDonald’s’s revenue was up 1.1% compared to the same quarter last year. On average, equities research analysts anticipate that McDonald’s Corporation will post 12.91 earnings per share for the current fiscal year.

McDonald’s Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, December 15th. Shareholders of record on Tuesday, December 1st will be paid a dividend of $1.93 per share. The ex-dividend date is Tuesday, December 1st. This represents a $7.72 dividend on an annualized basis and a dividend yield of 2.8%. This is an increase from McDonald’s’s previous quarterly dividend of $1.86. McDonald’s’s dividend payout ratio is presently 58.86%.

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.