McKesson CorporationMCKNYSE
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Analyst Sentiment

Analysts lean bullish — 90% recommend buying.

Consensus Rating
Buy
20 analysts·High coverage
90%
Rating Distribution
Strong Buy
00%
Buy
1890%
Hold
210%
Sell
00%
Strong Sell
00%

Analyst ratings reflect Wall Street opinion, not guarantees. Historical accuracy varies by firm and sector.

Price Target Expectations

Analysts see modest upside — consensus target 12% higher.

Bear Case
$772.00
-5%
Consensus
$910.40
+12%
Bull Case
$1000.00
+23%
Price Range20 analysts
Low
Consensus
High
$772.00
$1000.00
Current Target
Current Price
$816.06
Upside to Target
$94.34

Price targets are 12-month forecasts. Actual results depend on earnings, market conditions, and sector trends.

Earnings & Revenue Estimates

2026E$38.94(9 analysts)
P/E32x
Current: 32.2x
Actual
Estimate
Range (Low–High)
Stock Alarm Pro
Forward Growth Estimates (YoY)
FY2027
Rev+8.38%
EPS+12.62%
FY2028
Rev+8.27%
EPS+13.64%
FY2029
Rev+6.87%
EPS+14.04%

Earnings Surprises

Beat rate:75%(9/12 quarters)
Avg surprise:+5.0%
Beat
Miss
Inline
Estimate
Based on reported EPS vs consensus estimate.

Recent Analyst Actions

Dec 8, 2025Barclays
McKesson initiated with an Overweight at Barclays
Target:$960.00
+20.3%from $797.93
Nov 6, 2025Evercore ISI
McKesson price target raised to $1,000 from $825 at Evercore ISI
Target:$1000.00
+17.4%from $852.02
Oct 27, 2025UBS
McKesson price target raised to $920 from $860 at UBS
Target:$920.00
+14.8%from $801.29
Oct 13, 2025Jefferies
McKesson price target raised to $900 from $820 at Jefferies
Target:$900.00
+17.0%from $769.49
Aug 13, 2025Wells Fargo
McKesson price target raised to $772 from $766 at Wells Fargo
Target:$772.00
+17.1%from $659.01
Jun 3, 2025Wells Fargo
McKesson price target raised to $766 from $691 at Wells Fargo
Target:$766.00
+7.2%from $714.88
Nov 19, 2024Jefferies
McKesson (MCK) PT Raised to $715 at Jefferies
Target:$715.00
+32.1%from $541.15
Nov 7, 2024Robert W. Baird
Baird Upgrades McKesson (MCK) to Outperform
Target:$688.00
+30.7%from $526.54
Sep 25, 2024Deutsche Bank
McKesson (MCK) PT Lowered to $579 at Deutsche Bank
Target:$579.00
+20.8%from $479.16
Sep 24, 2024Robert W. Baird
Baird Downgrades McKesson (MCK) to Neutral
Target:$531.00
+5.1%from $505.00
Sep 13, 2024Wells Fargo
McKesson price target lowered to $535 from $576 at Wells Fargo
Target:$535.00
+4.7%from $511.17
Sep 6, 2024Leerink Partners
McKesson (MCK) PT Lowered to $665 at Leerink Partners
Target:$665.00
+29.2%from $514.75
Sep 5, 2024Bank of America Securities
BofA Securities Reiterates Buy Rating on McKesson (MCK) Following Sale of Rexall and Well.ca
Target:$635.00
+20.6%from $526.50
Aug 8, 2024Mizuho Securities
McKesson (MCK) PT Raised to $570 at Mizuho
Target:$570.00
-7.7%from $617.51
Jul 9, 2024Robert W. Baird
McKesson price target raised to $694 from $679 at Baird
Target:$694.00
+17.7%from $589.53
Jun 24, 2024Argus Research
McKesson (MCK) PT Raised to $670 at Argus
Target:$670.00
+10.1%from $608.72
May 29, 2024Robert W. Baird
McKesson (MCK) PT Raised to $679 at Baird
Target:$679.00
+23.6%from $549.26
Apr 10, 2024Argus Research
McKesson (MCK) PT Raised to $570 at Argus
Target:$570.00
+8.1%from $527.28
Apr 5, 2024Robert W. Baird
McKesson (MCK) PT Raised to $603 at Baird
Target:$603.00
+12.8%from $534.79
Feb 8, 2024Robert W. Baird
Medical Supplies-Focused McKesson Shares Fall On Q3 Earnings Performance, Analyst Says Street 'Wanted More'
Target:$567.00
+14.8%from $494.01
Feb 7, 2024Argus Research
McKesson Earnings Are Imminent; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts
Target:$480.00
-6.8%from $515.03
Feb 7, 2024Mizuho Securities
McKesson Earnings Are Imminent; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts
Target:$450.00
-12.6%from $515.03
Feb 7, 2024Morgan Stanley
McKesson Earnings Are Imminent; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts
Target:$480.00
-6.8%from $515.03
Feb 2, 2023Morgan Stanley
Morgan Stanley Maintains Overweight on McKesson, Raises Price Target to $426
Target:$426.00
+14.8%from $370.98
Jan 6, 2023Morgan Stanley
Morgan Stanley Maintains Overweight on McKesson, Raises Price Target to $420
Target:$420.00
+9.4%from $384.01