McDonald’s (MCD) stock forecast for 2024

The forecast has been updated: March 17, 2023 12:58


McDonald's stock price online today

Analyst Target Price

294.85

Dividend Date

15.03.2023

Ex Dividend Date

28.02.2023

Last Split Factor

Last Split Date

01.01.1970

Should you buy or sell McDonald's stock stock today? What is the projected target price level for 2024? How much will it cost in 2024? McDonald's stock Stock Monthly Prediction for January, February, March, April, May, July, July, August, September, October, November and December 2024.

We predict the dynamics of the stock market value using resonant artificial intelligence systems.

Technical, fundamental analyzes, news background, general geopolitical situation in the world and other factors are taken into account.

Forecasts are adjusted once a day taking into account the price change of the previous day.

To date, analysts have a $294.85 target price for McDonald's stock stock.

Today 200 Day Moving Average is the support level (259.68 $).

50 Day Moving Average is the support level (266.77 $).




MCD Forecast for 2024

Month Rate Forecast MIN Rate MAX Rate Volati-
lity, %
Jan 257.60 247.14 262.47 5.84 %
Feb 243.72 236.21 249.35 5.27 %
Mar 246.96 242.64 258.02 5.96 %
Apr 252.14 245.97 261.15 5.81 %
May 259.73 255.92 269.37 4.99 %
Jun 271.73 258.23 277.63 6.99 %
Jul 276.49 263.13 281.52 6.53 %
Aug 279.58 264.91 284.09 6.75 %
Sep 290.15 280.81 302.75 7.25 %
Oct 303.96 288.86 314.18 8.06 %
Nov 298.86 287.14 315.59 9.02 %
Dec 304.72 298.32 312.18 4.44 %

The forecasts table above shows the forecast values of the company's stock price for each month. The Rate Forecast column displays the Optimal Average Forecast Price. The MIN Rate column displays a pessimistic forecast for this month. “MAX Rate” is an optimistic forecast. The % Volatility column represents the approximate monthly volatility of McDonald's stock.


McDonald's overview

McDonald's Address

110 NORTH CARPENTER STREET, CHICAGO, IL, US

Market Capitalization

197 921 161 000 $

EBITDA

12 215 400 000

PE Ratio

32.44

PEG Ratio

3.336

Dividend Per Share

5.66

Dividend Yield

0.0229

EPS

8.34

Quarterly Earnings Growth YOY

0.186

Quarterly Revenue Growth YOY

-0.014

Trailing PE

32.44

Forward PE

26.32

EV To Revenue

10.55

EV To EBITDA

23.03

52 Week High

278.48

52 Week Low

223.29

50 Day Moving Average

266.77

200 Day Moving Average

259.68

Shares Outstanding

731497000

Shares Float

Shares Short Prior Month

Short Ratio

Percent Insiders

Percent Institutions

McDonald's stock forecast for this year


McDonald's stock forecast for Jan 2024.
Estimated Average Forecasted McDonald's Price: 257.60. Negative monthly dynamics of the instrument is expected with 5.840% volatility is expected.

Pessimistic forecast: 247.14

Optimistic: 262.47


McDonald's stock forecast for Feb 2024.
Estimated Average Forecasted McDonald's Price: 243.72. Negative monthly dynamics of the instrument is expected with 5.269% volatility is expected.

Pessimistic forecast: 236.21

Optimistic: 249.35


McDonald's stock forecast for Mar 2024.
Estimated Average Forecasted McDonald's Price: 246.96. Positive monthly dynamics of the instrument is expected with 5.963% volatility is expected.

Pessimistic forecast: 242.64

Optimistic: 258.02


McDonald's stock forecast for Apr 2024.
Estimated Average Forecasted McDonald's Price: 252.14. Positive monthly dynamics of the instrument is expected with 5.812% volatility is expected.

Pessimistic forecast: 245.97

Optimistic: 261.15


McDonald's stock forecast for May 2024.
Estimated Average Forecasted McDonald's Price: 259.73. Positive monthly dynamics of the instrument is expected with 4.995% volatility is expected.

Pessimistic forecast: 255.92

Optimistic: 269.37


McDonald's stock forecast for Jun 2024.
Estimated Average Forecasted McDonald's Price: 271.73. Positive monthly dynamics of the instrument is expected with 6.988% volatility is expected.

Pessimistic forecast: 258.23

Optimistic: 277.63


McDonald's stock forecast for Jul 2024.
Estimated Average Forecasted McDonald's Price: 276.49. Positive monthly dynamics of the instrument is expected with 6.531% volatility is expected.

Pessimistic forecast: 263.13

Optimistic: 281.52


McDonald's stock forecast for Aug 2024.
Estimated Average Forecasted McDonald's Price: 279.58. Positive monthly dynamics of the instrument is expected with 6.751% volatility is expected.

Pessimistic forecast: 264.91

Optimistic: 284.09


McDonald's stock forecast for Sep 2024.
Estimated Average Forecasted McDonald's Price: 290.15. Positive monthly dynamics of the instrument is expected with 7.245% volatility is expected.

Pessimistic forecast: 280.81

Optimistic: 302.75


McDonald's stock forecast for Oct 2024.
Estimated Average Forecasted McDonald's Price: 303.96. Positive monthly dynamics of the instrument is expected with 8.059% volatility is expected.

Pessimistic forecast: 288.86

Optimistic: 314.18


McDonald's stock forecast for Nov 2024.
Estimated Average Forecasted McDonald's Price: 298.86. Negative monthly dynamics of the instrument is expected with 9.015% volatility is expected.

Pessimistic forecast: 287.14

Optimistic: 315.59


McDonald's stock forecast for Dec 2024.
Estimated Average Forecasted McDonald's Price: 304.72. Positive monthly dynamics of the instrument is expected with 4.441% volatility is expected.

Pessimistic forecast: 298.32

Optimistic: 312.18



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