Wall Street Analysts Revise McDonald's Forecasts Ahead of Q3 Report
What happened
Several Wall Street forecasters updated their expectations for McDonald's ahead of the company's third-quarter earnings report, scheduled for release on November 4, 2026. Benzinga compiled the revisions, which included adjusted price targets and earnings estimates from covering analysts. The changes arrived the same morning McDonald's shares traded near $263.04. Sentiment attached to the coverage registered neutral at 0. McDonald's is one of the biggest names reporting today, alongside Arm, Novo Nordisk, Qualcomm, Toyota and Uber.
The QL Read
The QuantLogix composite sits at 45/100 (Underweight) with the stock down 1.17% at $263.04 on the day. In a defensive tape — XLP Staples lagging at -2.07% while VIX fell 11.86% to 18.36 — today's Q3 print will test whether that sub-50 composite read holds or flips.