McDonald's stock: UBS keeps Buy rating with USD 320.00 target for McDonald's stock
Published on 10/20/2026 at 16:14 | Editorial responsibility: Rafael MĂĽller, Editor-in-Chief AD HOC NEWSUBS target and earnings
- UBS reaffirmed a Buy rating and a USD 320.00 target on October 19, 2026.
- Second-quarter revenue reached USD 7.10 billion, while adjusted earnings per share came to USD 3.38.
- McDonald's stock costs EUR 218.35 at Lang & Schwarz on October 20, 2026 at 4:05 p.m. CEST, 1.23 percent above the Xetra close of October 19, 2026.
- McDonald's will report third-quarter results on November 4, 2026.
UBS reaffirmed a Buy rating on McDonald's and kept a USD 320.00 price target on October 19, 2026, ahead of the company's third-quarter results. The target stands 30.48 percent above the USD 245.24 NYSE price cited for October 20, 2026, based on the same-currency comparison reported by Investing.com. At Lang & Schwarz, McDonald's stock was trading at EUR 218.35 on October 20, 2026 at 4:05 p.m. CEST, up 1.23 percent versus the Xetra close of October 19, 2026 at EUR 215.70.
Revenue reached USD 7.10 billion
McDonald's second-quarter 2026 revenue reached USD 7.10 billion, up 3.70 percent from the year-earlier period. Adjusted earnings per share came to USD 3.38, above the USD 3.32 consensus estimate, according to MarketBeat. The company also raised its quarterly dividend to USD 1.93 from USD 1.86, a 3.76 percent increase.
Stock remains below its yearly high
The NYSE price was USD 245.24 at 10:13 a.m. EDT on October 20, 2026. That level was USD 13.49 above the USD 229.20 52-week low and USD 96.51 below the USD 341.75 high. The stock was down 17.73 percent in the year to October 19, 2026, while the Xetra listing closed at EUR 215.70 on that date.
Results date sets the next marker
McDonald's is scheduled to report third-quarter results on November 4, 2026. UBS expects pressured U.S. results for the quarter but said global market-share prospects remain favorable, according to Investing.com. For investors, the upcoming release will put the USD 7.10 billion second-quarter revenue base against current U.S. sales expectations.
Comparison with peers
McDonald's: up 1.23 percent versus the Xetra close, price-to-earnings ratio 19.91, market capitalization USD 173.5 billion.
Yum! Brands: up 0.58 percent on the NYSE, USD, price-to-earnings ratio 18.93, market capitalization USD 41.1 billion.
Restaurant Brands International: up 1.20 percent on the NYSE, USD, price-to-earnings ratio 22.19, market capitalization USD 26.2 billion.
Price and reporting date
The current euro quote places McDonald's 1.23 percent above the October 19, 2026 Xetra close, while the USD 320.00 UBS target remains 30.48 percent above the NYSE price used for comparison. The next scheduled company date is November 4, 2026.
The further course of trading is shown by the continuously updated real-time quote of McDonald's stock.
McDonald's market data
- Company: McDonald's Corporation
- ISIN: US5801351017
- Ticker: MCD
- Primary exchange: NYSE
- Price Lang & Schwarz (as of October 20, 2026, 4:05 p.m. CEST): EUR 218.35
- Change versus Xetra close: plus 1.23 percent
- Xetra close (October 19, 2026): EUR 215.70
- Market capitalization: USD 173.5 billion (as of October 20, 2026)
- 52-week range: USD 229.20-341.75 (as of October 20, 2026)
- Sector / Industry: Consumer Cyclical / Restaurants
Market context: Market report S&P 500.
