McKesson Corporation (MCK) earnings on May 7, 2026
More McKesson Corporation earnings
Prior outlook: No statistical edge
After an initial dip, the stock price recovered to close up 0.79%. This rebound suggests strength following a prior sell-off.
MCK price around the earnings
751.50
Change: +1.1%
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: No statistical edge
- Thesis published
Deep value scenario with strong analyst support and earnings history.
The stock has experienced a significant price drop over the last two weeks, reaching a support level. This presents a potential deep value scenario, supported by strong analyst ratings and a history of beating earnings expectations.
Context analyzed before publication
- Summary
- The scenario indicates a contrarian value play: strong analyst support, consistent earnings.
- Reasoning
- This stock is seen as a contrarian value play, with strong analyst buy ratings despite a recent price drop. The company consistently beats earnings expectations.
- Playbook
- The scenario presents a potential for value investors, especially given the consistent earnings beats and strong analyst backing.
- Trend
- First evaluation, no trend yet.
Analysts
Drivers
-
Analysts
Positive
Analysts maintain a buy recommendation with a price target pointing to an optimistic scenario, despite recent stock weakness.
Evidence
- Analyst consensus
- Buy
- Consensus average (1-5)
- 1.53
- Analysts covering the stock
- 15
- Average price target
- 990.87
- Lowest price target
- 860
- Highest price target
- 1,107
- Upside to price target
- 31.7%
- Quarterly earnings growth
- 34.9%
- Revenue growth
- 11.4%
- Forward EPS
- 44.11
- Trailing EPS
- 34.68
- Analyst moves in the last 60 days
- 4
- Strong buy: 3
- Buy: 11
- Hold: 3
- Sell: 0
- Strong sell: 0
- Strong buy
- 3
- Buy
- 11
- Hold
- 3
- Sell
- 0
- Strong sell
- 0
- April 28, 2026 · William Blair: Initiates coverage (Outperform)
- April 22, 2026 · UBS: Maintains rating (Buy → Buy)
- April 8, 2026 · Evercore ISI Group: Maintains rating (Outperform → Outperform)
- April 6, 2026 · B of A Securities: Maintains rating (Buy → Buy)
News and sentiment
Drivers
-
News & sentiment
Neutral
News is mixed, with a positive initiation from one firm but a price target reduction from another, alongside historical context.
Evidence
Sentiment
- Sentiment
- Constructive
- Mention volume
- Low
- Normalized volume
- 33%
News
Sources (7)
- $100 Invested In McKesson 20 Years Ago Would Be Worth This Much Today — Benzinga
- William Blair Initiates Coverage On McKesson with Outperform Rating — Benzinga
- UBS Maintains Buy on McKesson, Lowers Price Target to $1000 — Benzinga
- Apollo Fundsd Acquires Minority Ownership Interest In McKesson's Medical-Surgical Solutions; Apollo To Invest $1.25B In Convertible Preferred Equity To Acquire 13% Minority Interest — Benzinga
- Apollo Funds To Acquire 13% Minority Stake In McKesson's Medical-Surgical Solutions Operations For $1.25B — Benzinga
- Here's How Much $100 Invested In McKesson 20 Years Ago Would Be Worth Today — Benzinga
- Evercore ISI Group Maintains Outperform on McKesson, Lowers Price Target to $950 — Benzinga
Technicals
Drivers
-
Technical
Negative
The stock's price has declined recently, underperforming the broader market significantly over the past month.
Evidence
- Average true range (ATR)
- 2.7%
- Distance to 52-week high
- -24.7%
- 14-day change (14d)
- -13.3%
- 30-day change
- -14.6%
- 30-day relative strength
- -26.6%
- Benchmark change
- +12.0%
- Nearest support
- 746.81
- Nearest resistance
- 892.22
- Volume accumulation ratio
- 1.1
Trends
Evidence
- Average earnings surprise
- +3.5%
- February 4, 2026: actual EPS 9.34 vs estimate 9.27 (surprise +0.7%)
- November 5, 2025: actual EPS 9.86 vs estimate 9.05 (surprise +8.9%)
- August 6, 2025: actual EPS 8.26 vs estimate 8.15 (surprise +1.4%)
- May 8, 2025: actual EPS 10.12 vs estimate 9.83 (surprise +3.0%)
Expected move
Drivers
-
Past earnings
Positive
The company has a strong recent record of exceeding earnings estimates for the last four quarters, showing reliable performance.
There is no implied-move data available for this event.
Reactions over its last 19 earnings
- Median move
- 3.6%
- 75th percentile move
- 5.5%
- 90th percentile move
- 11.2%
- Up / down moves
- 11 / 8
- Average up move
- +5.5%
- Average down move
- -3.4%
Monitoring and close
What McKesson 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
- Consolidated
- +1.5%
- Max move
- -1.8%
No verdict: the outlook took no direction, so there is nothing to score as a hit or a miss.