McDonald's Stock Slips Amid Analyst Price Target Cuts
McDonald's stock price slipped slightly on September 14, 2026, despite some analysts cutting their price targets. The shares closed at $257.49, a 1.96% gain from the previous day. Deutsche Bank lowered its price target to $300 from $325, but still maintained a 'Buy' rating. Morgan Stanley also cut its target to $308 from $319, with an 'Equal-Weight' view.
The contrast between the two analysts is clear: Deutsche Bank sees $42.51 of upside potential, while Morgan Stanley's target implies $50.51 above the closing price. McDonald's Q2 2026 earnings showed revenue of $7.10 billion and net income of $2.36 billion. The company maintained a high net profit margin of 33.27% and generated $1.98 billion in free cash flow.
The analyst cuts may not be as dramatic, but they do underscore the challenges facing McDonald's. With its next earnings date set for October 21, 2026, investors are waiting to see how the company will perform in the coming months. The stock currently trades at a P/E ratio of 20.51 and offers a dividend yield of 2.35%.