McDonald’s today
As of 3:58 pm ET
- 52 week range
- $243.53
▼
$317.90
- Dividend yield
- 2.52%
- P/E ratio
- 24.71
- Target price
- $321.39
Shares McDonald’s Corporation New York Stock Exchange: MCD Stock performance has been mixed lately, with the final quarter of 2024 ending at record highs in October, followed by sharp drop in the new year. Currently trading 11% below those highs, the Chicago-based fast food giant, whose market capitalization exceeds $200 billion, still offering investors have a lot to be happy about.
Heading into the first few weeks of the year, bullish news from analysts sets the stage for what could be a strong recovery in 2025. McDonald’s stock deserves close attention, let’s take a closer look.
McDonald’s Fundamental Results: Mixed Situation in 2024
To begin with, McDonald’s fundamental results in 2024 were mixed, but not without bright spots. Although the company missed analysts’ earnings expectations in the first half of the year, October report presented a different story. The company beat expectations, posting record profits, helping offset some of the softness. in comparable sales.
CEO Chris Kempczinski has been vocal about the company’s long-term strategic plan for global growth, and the final 2024 report shows they are on the right track. Investors should pay attention to the stock to continue building on this fundamental as all eyes turn to the February earnings report. If management can demonstrate consistent execution, there is every reason to believe the stock will once again be in rally mode.
Bullish Analyst News: Significant Upside Potential for McDonald’s Shares
McDonald’s stock forecast today
$321.39
Growth potential 14.21%Moderate purchase
Based on ratings from 27 analysts
| High forecast | $360.00 |
|---|---|
| Average forecast | $321.39 |
| Low forecast | $265.00 |
McDonald’s Stock Forecast Details
Supporting the bullish outlook is some recent bullish news from analysts, which suggests significant upside potential. At the end last weekThe Citi team upgraded McDonald’s shares from neutral to buy, echoing Loop Capital’s reiteration of their buy rating earlier this month. Loop Target price US$342In particular, it is eye-catching because it indicates a target upside of about 20% from the stock’s closing level on Friday.
For those of us on the outside looking in, it’s worth noting that McDonald’s was included in Wells Fargo’s list in December. best restaurants for 2025. These latest updates continue The momentum that began last year underscores the stock’s potential to reclaim its October high of $318 and enter blue-sky territory.
Broad market and industry risks weigh on McDonald’s shares
However, not everything is smooth sailing. Recent weeks have revealed some bearish risks associated with a noticeable drop in demand for McDonald’s shares. Some of this pullback may be attributed to a broader cooling in investor sentiment toward stocks in general and the restaurant industry in particular. In a separate note to clients last week Citigroup team warned potential headwinds in 2025, including a slowing labor market and potential falling sales in the industry.
These concerns are not unfounded, but it’s hard to ignore a number of analysts, including Citi, who continue to highlight McDonald’s as a standout opportunity. against their peers. On the same day that Citi issued a warning about the industry, Bernstein named McDonald’s one of his favorite restaurants, adding to the upside potential for McDonald’s stock.
Get involved: Why McDonald’s stock looks attractive today
So what does this say about where the stock is trading today? On the technical front, McDonald’s structure gives investors another reason to be optimistic. The stock’s Relative Strength Index (RSI) currently stands at 33. level that signals oversold conditions and suggests the stock is approaching extremely oversold territory.
For those unfamiliar, RSI is a momentum indicator. used to evaluate whether a stock is overbought or oversold. A reading below 30 typically indicates the stock is oversold, while a reading above 70 signals overbought conditions. With McDonald’s teetering near its former threshold, it’s fair to expect the bears to run out of steam soon, setting the stage for strong rebound.
For those who are happy to lean towards the optimistic forecast of analyststhis current pullback represents a fantastic entry opportunity.. Given the strong fundamentals and promising technical structure, there are many reasons to believe that McDonald’s will soon return to above $300 levels, and investors should be excited.
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