McDonald's Stock Slumps to Near 12-Month Low Despite Strong Earnings

Despite reporting solid earnings and dividend payments, McDonald's stock has dropped to near its 12-month low, trading at around $261 USD as of September 1, 2026. According to MarketBeat, the fast food giant delivered quarterly earnings per share (EPS) of $3.38 USD in the most recent reported quarter, exceeding the consensus estimate of $3.32 USD by $0.06 USD.

The same earnings report noted that quarterly revenue reached $7.10 billion USD, representing a 3.7% year-over-year increase, although this fell slightly short of analysts' expectations. Analysts anticipate McDonald's to generate average revenue of $28.21 billion USD for the full year 2026, corresponding to forecast growth of approximately 4.9%, with earnings per share expected to rise by about 6.0%

The company's shares are currently valued at a price below their previously reported low range, despite maintaining a Moderate Buy consensus rating from analysts and an average price target of $322.96 USD, which suggests upside potential of roughly 23.7%.