McDonald's stock: Citigroup cuts target for McDonald's stock to USD 295

Published on 10/21/2026 at 16:32 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Q2 revenue rose 3.70 percent to USD 7.10 billion. McDonald's stock costs EUR 216.95 on October 21, 2026, minus 1.12 percent versus the Xetra close.

Citigroup target cut and operating figures

Citigroup cut its McDonald's target from USD 305.00 to USD 295.00 on October 20, 2026.
Second-quarter revenue rose 3.70 percent to USD 7.10 billion, while global comparable sales increased 1.30 percent.
McDonald's stock costs EUR 216.95 at Lang & Schwarz on October 21, 2026 at 4:30 p.m. CEST, 1.12 percent below the Xetra close of October 20, 2026.
McDonald's is scheduled to release third-quarter 2026 results on November 4, 2026.

Modernes Fast-Food-Restaurant mit Self-Order-Kiosks an der Wand, lächelnde Gäste an weißen Tischen, Mitarbeiter an der Theke, warmes Ambientlicht, große Fensterfront zur Stadtstraße, kein Branding — McDonald's modernes Restaurant US5801351017 zeigt Self-Order-Kiosks mit freundlichen Gästen im hellen Innenraum, Illustration mit AI erstellt.

Citigroup cut its McDonald's price target from USD 305.00 to USD 295.00 on October 20, 2026, according to MarketScreener. McDonald's stock was trading at EUR 216.95 at Lang & Schwarz on October 21, 2026 at 4:30 p.m. CEST, down 1.12 percent versus the Xetra close of October 20, 2026 at EUR 219.40.

Quarterly growth stays uneven

McDonald's second-quarter revenue rose 3.70 percent year over year to USD 7.10 billion, while net income increased 4.80 percent to USD 2.40 billion, according to Financial Report Insights. Diluted earnings per share reached USD 3.32 in the second quarter of 2026, but global comparable sales rose only 1.30 percent, down from 3.80 percent in the second quarter of 2025.

The operating split remains important. U.S. comparable sales increased 0.80 percent in the second quarter, while international operated markets rose 1.50 percent and international developmental licensed markets gained 1.90 percent. The figures point to a wider gap between domestic execution and international performance.

Stock sits below its yearly high

The Xetra listing's 52-week range was EUR 204.00 to EUR 291.55 as of October 21, 2026. The Lang & Schwarz price was 25.59 percent below the high and 6.35 percent above the low. The primary NYSE listing showed a market capitalization of USD 172.4 billion and a price-to-earnings ratio of 19.79 on October 21, 2026.

What comes next for valuation?

Citigroup's new USD 295.00 target stands 21.12 percent above the USD 243.56 NYSE price on October 21, 2026. The target cut keeps the analyst debate centered on execution and the pace of the company's growth strategy rather than on the second-quarter revenue increase.

McDonald's next scheduled event is its third-quarter 2026 earnings release on November 4, 2026, a date shown in the company calendar carried by MarketScreener. That report will provide the next comparison point for U.S. comparable sales and restaurant-level execution.

Comparison with peers

McDonald's: down 1.12 percent, price-to-earnings ratio 19.81, market capitalization EUR 153.9 billion.

Starbucks (Nasdaq, USD): down 0.82 percent, price-to-earnings ratio 56.64, market capitalization USD 112.4 billion.

Yum! Brands (NYSE, USD): down 1.36 percent, price-to-earnings ratio 18.80, market capitalization USD 40.8 billion.

Price remains the immediate measure

McDonald's stock was trading at EUR 216.95 at Lang & Schwarz on October 21, 2026 at 4:30 p.m. CEST, 1.12 percent below the Xetra close of October 20, 2026 at EUR 219.40. The further course of trading is shown by the continuously updated real-time quote of McDonald's stock.