MCK · NYSE · STOCK
McKesson (MCK) Stock Analysis
$859.69
52W $667.50 – $999.00
59/100
$101.74B
23.2
0.31
⚠
Buy rating, but near-term risk/reward is unfavorable
The long-term recommendation is based on the composite investment score. The near-term risk/reward is based on nearby support and resistance levels. These can differ when a strong company trades close to resistance with support further below.
Is MCK Bullish or Bearish?
Bullish.
Innellis AI committee rates McKesson Corporation (MCK) Buy with a composite score of 59/100
, based on 6 analysts with 67% agreement.
Last updated August 17, 2026.
What Would Change This View
- Upgrade to Strong Buy
- Requires a committee score of 75.0 — +15.79 from today. Applies on the first day at or above the line; upgrades are never dampened.
- Downgrade to Watch
- Requires the score to fall below 55.0 — -4.21 from today. The band boundary is 60.0, but a one-step downgrade must clear a further margin first. A score oscillating around the line should not change the rating every night.
Executive Summary
The committee is genuinely divided. Macro Analyst sees a compelling case — vix regime is low -- calm backdrop supports risk-taking. Risk Analyst remains cautious — current ratio of 0.85 is tight -- limited short-term liquidity cushion. This disagreement is itself the signal — the setup is not clean in either direction.
Bull & Bear Case
Bull Case
- ROE of 39.4% shows genuine earnings power backing the valuation — Value
- EPS growing 49.1% YoY — Growth
- 5 consecutive earnings beats -- consistent execution — Growth
- Price structure making higher highs and higher lows — Technical
- Weekly trend (uptrend) confirms the daily trend -- multi-timeframe agreement — Technical
- VIX regime is low -- calm backdrop supports risk-taking — Macro
Bear Case
- Price-to-book of 4.3x prices in significant intangible value — Value
- Growth rate is decelerating quarter over quarter -- the trend line matters more than the level — Growth
- MACD histogram negative -- bearish momentum — Technical
- Current ratio of 0.85 is tight -- limited short-term liquidity cushion — Risk
Both cases are generated from quantitative data signals, not qualitative or
forward-looking judgement. They summarise what the numbers say today.
Price History (6M)
AI Investment Committee
Committee Consensus
As of August 17, 2026
Overall Committee Score
59/100
Agreement
67%
Analysts
6
Conviction
Contested
Sector Rank
Top 51%
of 192 Healthcare peers
Value Analyst
neutral
55
/ 100 · Moderate confidence
Fair value -- neither a bargain nor obviously overpriced
+ ROE of 39.4% shows genuine earnings power backing the valuation
− Price-to-book of 4.3x prices in significant intangible value
Growth Analyst
bullish
60
/ 100 · High confidence
Strong, accelerating growth with consistent execution
+ EPS growing 49.1% YoY
− Growth rate is decelerating quarter over quarter -- the trend line matters more than the level
Technical Analyst
bullish
61
/ 100 · High confidence
Price action is constructive -- trend and momentum agree
+ Price structure making higher highs and higher lows
− MACD histogram negative -- bearish momentum
Risk Analyst
bearish
35
/ 100 · Low confidence
Elevated risk from leverage, volatility, event exposure, or portfolio concentration -- size accordingly
− Current ratio of 0.85 is tight -- limited short-term liquidity cushion
Macro Analyst
bullish
80
/ 100 · Low confidence
Macro backdrop is supportive of risk assets generally, and this name's beta works in its favor
+ VIX regime is low -- calm backdrop supports risk-taking
News Analyst
bullish
64
/ 100 · Low confidence
News flow and recent filings/analyst actions are net positive
+ News sentiment is positive (+0.20 across 50 articles, 14d)
Portfolio Manager
neutral
45
/ 100 · High confidence
Portfolio-level factors are mixed -- worth a deliberate sizing decision, not a default-size position
+ Portfolio position concentration is currently healthy
− Sector concentration is already high (HHI 2963.04)
Investment Thesis Evolution
Committee score moved marginally from 59.2 to 59.2.
- New bearish signals: 1 appeared.
- Bearish pressure eased: 1 signal(s) disappeared.
Analyst-level changes:
- Portfolio Manager: +1 bearish signal(s).
Comparing 2026-08-16 to 2026-08-17 (1 day apart).
Technical Analysis
RSI (14)
52.5
Neutral
MACD Histogram
-1.501
Bearish Momentum
Trend Direction
Uptrend
Weekly: Uptrend
Market Structure
Mixed
Support
$789.96
Resistance
$895.45
Bollinger %B
0.61
Inside Bands
Price vs Moving Averages
EMA 9
$868.95
Below
EMA 21
$854.38
Above
EMA 50
$830.17
Above
EMA 200
$815.94
Above
Fundamental Analysis
Valuation
89
Growth
65
Profitability
16
Financial Health
54
Cash Flow
70
Valuation
P/E Ratio
23.2×
P/B Ratio
-24.33×
PEG Ratio
0.47
Dividend Yield
0.38%
52W High
$999.00
52W Low
$667.50
Quality & Growth
ROE
-21924.5%
ROA
578.5%
Gross Margin
363.9%
Operating Margin
161.9%
Revenue Growth YoY
—
Debt / Equity
-2.76
AI Fundamental Assessment
P/E ratio of 23.2 (inexpensive relative to a 15-40x range); Price-to-book of -24.3x; PEG ratio of 0.5 (under 1.0 suggests growth is undervalued relative to price); Return on equity of -219.2%; Return on assets of 5.8%; Net margin of 1.1%; Gross margin of 3.6%; Current ratio of 0.89 (tight short-term liquidity); Debt-to-equity of -2.76; Free cash flow per share is positive (55.88); Most recent quarter beat estimates by 3.1%; 5 consecutive earnings beats; EPS growth decelerating (+25.2% -> -15.1% QoQ); Average YoY EPS growth of 20.2%; Analyst estimates rising over recent quarters
Get the Full MCK Analysis
Interactive charts · Live committee votes · Trade plan · Paper trading · AI Q&A
Open in Terminal →