Fintel reports that on April 28, 2026, William Blair initiated coverage of McKesson (NYSE:MCK) with a Outperform recommendation.
Analyst Price Forecast Suggests 20.89% Upside
As of April 16, 2026, the average one-year price target for McKesson is $1,001.39/share. The forecasts range from a low of $876.00 to a high of $1,139.25. The average price target represents an increase of 20.89% from its latest reported closing price of $828.32 / share.
See our leaderboard of companies with the largest price target upside.
The projected annual revenue for McKesson is 309,751MM, a decrease of 22.16%. The projected annual non-GAAP EPS is 34.44.
What is the Fund Sentiment?
There are 2,026 funds or institutions reporting positions in McKesson. This is an decrease of 821 owner(s) or 28.84% in the last quarter. Average portfolio weight of all funds dedicated to MCK is 0.27%, an increase of 32.34%. Total shares owned by institutions decreased in the last three months by 12.89% to 107,363K shares. 
The put/call ratio of MCK is 0.94, indicating a bullish outlook.
What are Other Shareholders Doing?
Massachusetts Financial Services holds 3,446K shares representing 2.81% ownership of the company. In its prior filing, the firm reported owning 3,924K shares , representing a decrease of 13.88%. The firm decreased its portfolio allocation in MCK by 2.95% over the last quarter.
Geode Capital Management holds 2,857K shares representing 2.33% ownership of the company. In its prior filing, the firm reported owning 2,832K shares , representing an increase of 0.88%. The firm increased its portfolio allocation in MCK by 3.66% over the last quarter.
Franklin Resources holds 2,826K shares representing 2.31% ownership of the company. In its prior filing, the firm reported owning 2,681K shares , representing an increase of 5.12%. The firm increased its portfolio allocation in MCK by 10.10% over the last quarter.
Jpmorgan Chase holds 2,589K shares representing 2.11% ownership of the company. In its prior filing, the firm reported owning 2,793K shares , representing a decrease of 7.86%. The firm increased its portfolio allocation in MCK by 3.16% over the last quarter.
Alliancebernstein holds 2,487K shares representing 2.03% ownership of the company. In its prior filing, the firm reported owning 2,395K shares , representing an increase of 3.70%. The firm decreased its portfolio allocation in MCK by 7.50% over the last quarter.
Fintel is one of the most comprehensive investing research platforms available to individual investors, traders, financial advisors, and small hedge funds.
Our data covers the world, and includes fundamentals, analyst reports, ownership data and fund sentiment, options sentiment, insider trading, options flow, unusual options trades, and much more. Additionally, our exclusive stock picks are powered by advanced, backtested quantitative models for improved profits.
This story originally appeared on Fintel.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
