McDonald’s Corporation (MCD · NYSE)

McDonald's (MCD, NYSE) reported Q2 (June 30, 2026) revenue of $7.10B with net income of $2.36B, beating EPS estimates ($3.38 vs. $3.32) for the third time in four quarters, though the stock trades at $242.97, down 27.4% from its 52-week high and 14.1% below its 200-day SMA. Fundamentals remain solid: revenue grew 3.7% YoY (TTM $27.70B), earnings rose 5.7%, operating margin sits at 46.5%, and quarterly free cash flow reached $1.98B against total debt of $54.59B (3.7x Debt/EBITDA). Valuation metrics include a $171.94B market cap, 19.74 P/E, and an analyst target of $292.03, while RSI(14) of 70 and a 3.3% five-day gain suggest recent short-term momentum after a 6.9% three-month decline. Institutional activity included Assenagon Asset Management cutting its stake by 63.7% (354,220 shares) and NFSG Corp reducing holdings by 75.4%, and separately, the Wiz founders are reportedly close to acquiring the McDonald's Israel franchise at an estimated $160M.