Wall Street predicts McDonald's stock price for the next 12 months

Core Viewpoint - McDonald's Q4 2024 earnings report showed mixed results, with adjusted EPS meeting expectations but net revenues falling short, yet stock rose due to strong international sales and positive sentiment [1] Financial Performance - Adjusted EPS for Q4 2024 was $2.83, meeting analysts' expectations [1] - Quarterly net revenues were$6.388 billion, below the consensus estimate of $6.477 billion [1] - Stock closed at$307.60 on February 12, 2024, a decline of 0.84% from the previous close [3] - Market capitalization stands at $220.43 billion [3] Stock Outlook - Analysts set a 12-month average price target of$327.96, indicating a potential upside of 6.62% from the last closing price [4] - Price target range is from $290 to$360, with a consensus rating of "Moderate Buy" [4] Strategic Initiatives - CEO Chris Kempczinski highlighted the "Accelerating the Arches" strategy focusing on value offerings, menu innovation, and culturally relevant marketing [2] - The company is targeting low-income consumers through initiatives like the McValue menu, which has been positively received [5] Market Sentiment - Strategists maintain a bullish sentiment on McDonald's growth prospects, citing strong performance in the value segment and expansion plans as key drivers [5] - Despite concerns about potential challenges in the US market and cash flow issues, the consensus remains positive for continued sales growth and market share expansion [8]