McDonald's Corporation (MCD) earnings on May 7, 2026
More McDonald's Corporation earnings
Prior outlook: Pessimistic Outcome: Partial
The stock price saw a small increase after earnings, recovering from a recent low. This happened despite weak recent performance and momentum.
MCD price around the earnings
283.81
Change: -0.1%
2026-05-08, 00:00 UTC
- Price: green if it ends above the starting price; red if it ends below
- Start of the measured window
- End of the measured window
- Market open
- No trading (market closed)
- Starting price
Prior thesis
Prior outlook: Pessimistic Outcome: Partial
- Thesis published
Analysts expect upside despite recent lows and concerns.
The stock recently hit a 15-month low but has since stabilized near a support level. Analysts still see significant upside potential despite some concerns about inflation and company-operated margins.
Context analyzed before publication
- Summary
- Analysts cite an optimistic scenario despite recent crash.
- Reasoning
- The stock recently hit a 15-month low, and while past earnings have been inconsistent, analysts still point to an optimistic scenario. However, the stock's recent performance shows it's significantly underperforming the broader market.
- Playbook
- Given the recent sharp decline and underperformance, the scenario is uncertain. Analyst price targets provide a reference indicator.
- Trend
- Stock crashed to a 15-month low near support.
Analysts
Drivers
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Analysts
Positive
Despite some recent downgrades, analysts generally maintain a buy recommendation and have set a price target that points to an optimistic scenario.
Evidence
- Analyst consensus
- Buy
- Consensus average (1-5)
- 2.11
- Analysts covering the stock
- 33
- Average price target
- 344.55
- Lowest price target
- 250
- Highest price target
- 407
- Upside to price target
- 21.4%
- Quarterly earnings growth
- 7.3%
- Revenue growth
- 9.7%
- Forward EPS
- 14.36
- Trailing EPS
- 11.95
- Analyst moves in the last 60 days
- 4
- Strong buy: 4
- Buy: 15
- Hold: 16
- Sell: 1
- Strong sell: 0
- Strong buy
- 4
- Buy
- 15
- Hold
- 16
- Sell
- 1
- Strong sell
- 0
- April 28, 2026 · BTIG: Reiterates rating (Buy → Buy)
- April 23, 2026 · Rothschild & Co: Upgrades rating (Sell → Neutral)
- April 21, 2026 · Morgan Stanley: Maintains rating (Equal-Weight → Equal-Weight)
- April 20, 2026 · Keybanc: Maintains rating (Overweight → Overweight)
News and sentiment
Drivers
-
News & sentiment
Negative
Recent news highlights the stock's sharp fall to a 15-month low, creating a negative perception before its earnings report.
Evidence
Sentiment
- Sentiment
- Constructive
- Mention volume
- Low
- Normalized volume
- 33%
News
Sources (6)
- McDonald's Earnings Prediction Market Preview: What Will Chris Kempczinski Say? — Benzinga
- How To Earn $500 A Month From McDonald's Stock Ahead Of Q1 Earnings — Benzinga
- McDonald's Q1 Preview: Stock Crashes From Record to 15‑Month Low — Will Earnings Help Or Hurt? — Benzinga
- $100 Invested In McDonald's 20 Years Ago Would Be Worth This Much Today — Benzinga
- BTIG Reiterates Buy on McDonald's, Maintains $370 Price Target — Benzinga
- Rothschild & Co Upgrades McDonald's to Neutral, Raises Price Target to $306 — Benzinga
Technicals
Drivers
-
Technical
Negative
The stock's recent price movement has been very weak, significantly lagging behind the overall market.
Evidence
- Average true range (ATR)
- 1.8%
- Distance to 52-week high
- -16.9%
- 14-day change (14d)
- -8.9%
- 30-day change
- -8.9%
- 30-day relative strength
- -21.2%
- Benchmark change
- +12.2%
- Nearest support
- 282.47
- Nearest resistance
- 312.9
- Volume accumulation ratio
- 1.05
Trends
Evidence
- Average earnings surprise
- +0.1%
- February 11, 2026: actual EPS 3.12 vs estimate 3.05 (surprise +2.2%)
- November 5, 2025: actual EPS 3.22 vs estimate 3.33 (surprise -3.4%)
- August 6, 2025: actual EPS 3.19 vs estimate 3.15 (surprise +1.4%)
- May 1, 2025: actual EPS 2.67 vs estimate 2.67 (surprise -0.0%)
Expected move
Drivers
-
Past earnings
Neutral
The company's past earnings reports have been inconsistent, with earnings sometimes beating expectations and sometimes falling short, and the average surprise has been very small.
There is no implied-move data available for this event.
Reactions over its last 19 earnings
- Median move
- 2.2%
- 75th percentile move
- 2.9%
- 90th percentile move
- 3.7%
- Up / down moves
- 11 / 8
- Average up move
- +2.8%
- Average down move
- -1.3%
Monitoring and close
What McDonald's Corporation reported
There is no monitoring data available for this event.
Pre-market second reading after the results
There is no second reading available for this event.
How the stock reacted
- Outcome
- Partial
- Consolidated
- -0.1%
- Max favorable move (MFE)
- 1.1%
- Max adverse move (MAE)
- 4.1%