BTIG Rates McDonald's (MCD) Buy, $295 Price Target

On October 26, 2026, BTIG reiterated its Buy rating on McDonald's Corporation (MCD) and set a price target of $295. This target is unchanged from its previous assessment. The information comes from BTIG's research note on the same day.

BTIG's target suggests a potential upside of 15.8% from the recent trading price of $248.46. The stock closed at the same price on October 23, 2026, which indicates that it is currently trading about equal to that level. However, MCD is below its 50-day moving average of $249.79 and its 200-day moving average of $284.56, which may raise concerns among investors about its short-term performance.

MCD McDonald's Corporation

$248.46 ▼ -16.46% year to date

1M 3M YTD

Daily close · Oct 23, 2026

Other Institutional Activity in McDonald's

Midwest Trust grew its holdings by 29,322 shares, ending with 266,837 shares worth about $61.6 million. RMR Wealth Builders added 2,234 shares, bringing its total to 17,692 shares valued at approximately $4.1 million. In contrast, Perigon Wealth Management reduced its stake by 20,407 shares, resulting in 43,182 shares worth about $9.97 million. Wilmington Savings Fund Society trimmed its position by 5,852 shares, holding 53,552 shares valued at around $12.4 million. Finally, Mondrian Investment Partners increased its holdings by 4,344 shares to reach 8,631 shares worth approximately $1.99 million.

McDonald's Corporation Stock Down 1.7%

As of October 26, 2026, McDonald's shares are trading at $248.46, which is about 27.3% below its 52-week high of $341.75 and 8.4% above its 52-week low of $229.20. The recent price places it below the average target price of $291.69 set by analysts. This situation may prompt discussions among investors regarding the stock's potential recovery.

Recent Earnings

McDonald's reported trailing twelve-month revenue of approximately $27.7 billion, with a net margin of 31.7%. The company is expected to announce its next earnings report on November 4, 2026.

Dividend

McDonald's pays an annual dividend of $7.72 per share, translating to a dividend yield of 3.11%. The dividend payout ratio stands at 59.7%, indicating a healthy balance between returning capital to shareholders and reinvesting in the business.

Insider Buying and Selling at McDonald's Corporation

Recently, several insiders sold shares at McDonald's. Joseph M. Erlinger, an officer, sold 5,252 shares on June 10, 2026, for a total value of about $1.49 million. Earlier, he sold 333 shares on April 23, 2026, for around $100,806. Desiree Ann Ralls-Morrison also sold 2,763 shares on May 28, 2026, valued at approximately $769,109.

Analysts Set New Price Targets

On October 26, 2026, BTIG reiterated its Buy rating on McDonald's with a price target of $295. Earlier, Citigroup maintained a Buy rating with a target of $295, while Wells Fargo and Keybanc both maintained Overweight ratings with targets of $270 and $280, respectively. The consensus target price among analysts is $291.69, based on 29 opinions.

About McDonald's

McDonald's Corporation operates and franchises restaurants globally under the McDonald's brand. The company offers a wide range of food and beverages, including hamburgers, chicken sandwiches, fries, and breakfast items. As it continues to adapt to consumer trends, the company's performance remains a key focus for investors.

Bottom Line

Investors will be watching McDonald's as it approaches its next earnings date on November 4, 2026. With a solid dividend and a maintained price target from BTIG, the focus will be on how the company's strategies are reflected in its upcoming financial results.