- McDonald's Q2 growth potential: Key promotions may drive sales upward.
- Analysts remain optimistic: Target prices forecast a moderate upside.
- GF Value indicates caution: Slightly overvalued according to estimates.
Shares of McDonald's (MCD, Financial) experienced a 2.2% increase on Tuesday, driven by excitement surrounding its anticipated Q2 performance. A significant factor contributing to this optimism is a creative promotional collaboration with Warner Bros. on the upcoming Minecraft Movie. This campaign, featuring themed meals and exclusive collectibles, aims to captivate consumers and potentially boost sales during April, as highlighted by BTIG Research.
Wall Street Analysts' Forecast
According to projections from 31 analysts, McDonald's Corp (MCD, Financial) boasts a one-year average price target of $330.85. Analysts provide a high estimate of $360.00 and a low estimate of $292.00, projecting a potential upside of 4.15% from the current trading value of $317.67. For more comprehensive forecast data, visit the McDonald's Corp (MCD) Forecast page.
The consensus recommendation from 39 brokerage firms classifies McDonald's Corp (MCD, Financial) with an average recommendation score of 2.1, suggesting an "Outperform" status. This rating scale ranges from 1 (Strong Buy) to 5 (Sell), indicating continued investor confidence in the stock’s potential.
Evaluating GF Value
GuruFocus provides an estimated GF Value for McDonald's Corp (MCD, Financial) at $309.58 over the next year. This estimate implies a downside of 2.55% from the current share price of $317.67. GF Value represents GuruFocus' calculated fair market value based on historical trading multiples, prior business performance, and forward-looking business growth forecasts. Investors seeking more detailed analyses can refer to the McDonald's Corp (MCD) Summary page.
