Wall Street analysts expect McDonald’s to report Q1 2026 revenue of $6.49 billion and earnings per share of $2.75, with the stock currently trading near $287.58 against an average price target of $347.13.
Investors are primarily focused on U.S. same-store sales growth, which is expected to land at approximately 4.0% as the company navigates a challenging consumer spending environment.
Recent performance has been pressured by traffic deceleration among middle-income diners and approximately 100 basis points of weather-related headwinds. Additionally, management’s ability to defend margins through AI-enabled efficiencies and its value platform reset remains a critical narrative for the stock's recovery.