McKesson stock gains as analysts lift targets

Published on 09/10/2026 at 15:50 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

McKesson stock opened at USD 894.38 on September 10, 2026, with a market value of USD 104.28 billion. MarketBeat also shows a consensus target of USD 973.44.

Mitarbeiter sortieren unbeschriftete Pakete in einem großen Pharma-Logistiklager mit Regalen — Fotorealistisches Bild zeigt McKesson Corporation ISIN US58155Q1031 als Pharmagroßhändler in modernem Distributionslager mit vielen Mitarbeitern, Illustration mit AI erstellt.

McKesson stock (ISIN US58155Q1031) opened at USD 894.38 on September 10, 2026, and the company carried a market capitalization of USD 104.28 billion. The stock traded between a 52-week low of USD 687.68 and a 52-week high of USD 999.00, keeping it close to the upper end of that band.

Targets stay elevated

According to MarketBeat, Citigroup raised its price target on McKesson from USD 945.00 to USD 1,000.00 and kept a buy rating in a report dated July 24, 2026. MarketBeat also said on September 10, 2026, that the stock has a consensus rating of Moderate Buy and an average target price of USD 973.44.

That target sits 8.4 percent above the USD 894.38 opening price, a gap that still leaves room for the shares without requiring a stronger rerating. A second MarketBeat entry said Robert W. Baird kept a USD 1,015.00 target on August 6, 2026, while TD Cowen lifted its target to USD 1,006.00 on the same date.

Revenue and earnings base

McKesson's latest reported quarter was Q1 of fiscal 2027, when revenue reached USD 97.76 billion and adjusted earnings per diluted share came to USD 8.33, according to the company's results page on September 10, 2026. The same report showed adjusted operating profit of USD 1.1 billion, up 17 percent year over year, which gives the stock a strong earnings base even as valuation stays near the upper end of its 52-week range.

For investors, the key comparison is clear: revenue of USD 97.76 billion in Q1 fiscal 2027 and adjusted EPS of USD 8.33 were paired with a 17 percent rise in adjusted operating profit. That mix helps explain why the market value remained above USD 100 billion on September 10, 2026.

Stock near the top

McKesson stock traded at USD 894.38 on September 10, 2026, with a market capitalization of USD 104.28 billion. The share price stood 10.5 percent below the 52-week high of USD 999.00 and 30.0 percent above the 52-week low of USD 687.68.