Analysts Slash McDonald's Price Targets After Investor Day
MCD is trading near its 52-week low of $234.03 (2.1% above the low).
Summary
McDonald's investor day laid out its NEXT strategy, but analysts responded by cutting price targets across the board. TD Cowen, BTIG, RBC, Evercore, and JPMorgan all lowered their forecasts, citing weak U.S. sales trends, uncertain recovery timing, and questions about the company's efficiency targets. TD Cowen models U.S. same-store sales below consensus for Q4 2026 and H1 2027, with a 2026 forecast of just 0.4%. BTIG flagged the $5 billion investment through 2030 and doubts about the 250-basis-point efficiency goal. RBC noted unit-growth outlook came in below consensus and spending plans were higher than expected. The stock is trading near its 52-week low, and the analyst reaction suggests the market is skeptical of the turnaround timeline.
At the time of this announcement, MCD was trading at $238.91 on NYSE in the Trade & Services sector, with a market capitalization of approximately $169.1B. The 52-week trading range was $234.03 to $341.75. This news item was assessed with negative market sentiment and an importance score of 7 out of 10. Source: Benzinga.