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McDonald's shares drop after weak Q2 US sales but some see 43% upside potential.

Analyst Insights
17 Aug 2026
24/7 Wall Street
View Source
Bullish
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McDonald's stock fell sharply after a disappointing Q2 2026 earnings report showing slowed global sales growth and negative US customer traffic, partly due to a poorly executed value menu rollout. Despite the setback, some analysts, like Tigress Financial, remain bullish with a $390 price target, citing the company's strong franchise model, digital growth, and ongoing operational fixes. The broader market is cautious, with mixed analyst ratings and a delayed unit expansion goal. The stock trades below consensus targets, reflecting concerns about execution and international performance, but fundamentals remain solid if US sales recover.

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