McDonald’s India Drama Erupts While Wall Street Targets 24% Stock Rally

McDonald's India deleted a run of posts from its verified X (Twitter) account on Sunday. Written in the first person, they claimed an unpaid intern was owed ₹60,000, then promoted a meme coin.

The drama arrived at a low point for the stock. McDonald's Corporation (MCD) closed Friday at $255.69, its weakest level in a year. However, Wall Street has not followed it down.

The account said the writer interned at McDonald's India and ran several of the company's Asian social media handles. It named a manager, Amit Joshi, and said no salary had arrived since December 2025.

A later post revised that date to May, an inconsistency that fueled doubt. Another put the outstanding sum above ₹60,000, roughly $650. One said meme coin trading losses had left the writer starving daily.

Final messages promoted a token and shared crypto wallet addresses, before noting that fees had been claimed. McDonald's India pulled the thread and answered with a meme of a dog holding a phone.

McD admin right now: If only our actual posts went this viral…" wrote McDonald's India, via its official X account.

No name matching Amit Joshi appears in the operator's public leadership. The company has not said whether the handle was breached.

Comparable takeovers hit Robinhood CEO's X account in July and the Saudi Law Conference account last year.

Wall Street Targets a 24% MCD Stock Rally

Meanwhile, TipRanks counts 24 analyst covering MCD stock over the past three months. That sample holds 14 buys, 10 holds and no sells.

Their average 12-month target stands at $317.18, about 24% above Friday's close. The high reaches $390. Even the low, $280, sits above where shares trade now.

The chart argues the other way. MCD peaked near $340 in March and has printed lower highs every month since April. Friday alone took another 3.5% off the week.

Fundamentals sit between the two, seeing as McDonald's reported diluted earnings of $3.32 per share in the second quarter, up 6%, with global comparable sales rising 1.3%.

The 24% gap between price and target predates the Sunday incident.