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.

Inside the McDonald’s India Drama

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.