Citigroup cuts target for McDonald's stock from USD 305 to USD 295
Published on 10/22/2026 at 11:37 | Editorial responsibility: Rafael MĂĽller, Editor-in-Chief AD HOC NEWSRecent company and market signals
- Citigroup lowered its McDonald's target from USD 305 to USD 295 on October 20, 2026.
- Second-quarter revenue rose 3.7 percent to USD 7.10 billion in 2026.
- McDonald's stock trades at EUR 220.85 at 11:33 a.m. CEST at Lang & Schwarz on October 22, 2026, 0.94 percent above the Xetra close of October 21, 2026.
McDonald's stock (ISIN US5801351017) was trading at EUR 220.85 at Lang & Schwarz on October 22, 2026, at 11:33 a.m. CEST, up 0.94 percent versus the Xetra close of October 21, 2026 at EUR 218.80. The latest analyst move came from Citigroup, which cut its target from USD 305 to USD 295 on October 20, 2026, according to MarketScreener.
Second-quarter results set the baseline
McDonald's second-quarter 2026 revenue reached USD 7.10 billion, up 3.7 percent from the prior-year quarter, while diluted earnings per share came to USD 3.32. The figures come from the standardized financial record for the period ended June 30, 2026, while MarketBeat reported adjusted earnings per share of USD 3.38 against USD 3.32 expected for the same quarter. That comparison points to a narrow earnings beat alongside revenue that stayed below the USD 7.13 billion consensus cited by the outlet.
Three dated analyst signals
The recent chronology runs from McDonald's second-quarter results on August 4, 2026, with adjusted earnings per share of USD 3.38, to Bernstein's October 8, 2026 target cut from USD 295 to USD 250, and Citigroup's October 20, 2026 reduction from USD 305 to USD 295, as listed by MarketScreener. The sequence shows a wider split between the company's recent earnings performance and analyst valuation assumptions.
What does the target cut mean?
Citigroup's new USD 295 target remains USD 75 above the NYSE close of USD 220.00 cited in its October 20 report, but the USD 10 reduction signals a lower valuation frame. McDonald's last reported quarter also showed revenue of USD 7.10 billion against USD 7.13 billion expected, making sales execution an important test for the next report.
Dates investors can track
The next explicitly listed reporting date is November 4, 2026, for third-quarter 2026 results, according to MarketScreener. The next dividend ex-date is December 1, 2026, with a quarterly payment of USD 1.93 per share scheduled for December 15, 2026, according to MarketBeat.
Stock price and valuation frame
McDonald's shares remain below the USD 341.75 52-week high and above the USD 229.20 low, with the range dated October 20, 2026. The company's market capitalization was USD 174.3 billion on October 22, 2026, while its primary listing is on the NYSE under ticker MCD. McDonald's was trading at EUR 220.85 at Lang & Schwarz on October 22, 2026, at 11:33 a.m. CEST, 0.94 percent above the Xetra close of October 21, 2026 at EUR 218.80. The further course of trading is shown by the continuously updated real-time quote of McDonald's stock.
McDonald's stock facts
- Company: McDonald's Corporation
- ISIN: US5801351017
- Ticker: MCD
- Primary exchange: NYSE
- Price Lang & Schwarz as of October 22, 2026, 11:33 a.m. CEST: EUR 220.85
- Change versus Xetra close: plus 0.94 percent
- Xetra close October 21, 2026: EUR 218.80
- Market capitalization: USD 174.3 billion (as of October 22, 2026)
- 52-week range: USD 229.20-341.75 (as of October 20, 2026)
- Sector / Industry: Consumer Cyclical / Restaurants
- Next earnings date: November 4, 2026
Market context: Market report S&P 500.
