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Home Depot (HD) Stock Forecast, Price Target & Predictions

OverviewRevenueOwnershipFinancialsChartTranscripts

HD Stock Forecast

Home Depot stock forecast is as follows: an average price target of $427.08 (represents a 8.78% upside from HD’s last price of $392.60) and a rating consensus of 'Buy', based on 23 wall street analysts offering a 1-year stock forecast.

HD Price Target

The average price target for Home Depot (HD) is $427.08 based on 1-year price targets from 23 Wall Street analysts in the past 3 months, with a price target range of $465.00 to $363.00. This represents a potential 8.78% upside from HD's last price of $392.60.

HD Analyst Ratings

Buy

According to 23 Wall Street analysts, Home Depot's rating consensus is 'Buy'. The analyst rating breakdown for HD stock is 0 'Strong Buy' (0.00%), 14 'Buy' (60.87%), 8 'Hold' (34.78%), 1 'Sell' (4.35%), and 0 'Strong Sell' (0.00%).

Home Depot Price Target by Analyst

DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Nov 13, 2024Greg MelichEvercore ISI$430.00$348.6423.34%9.53%
Nov 13, 2024Laura ChampineLoop Capital Markets$465.00$348.6433.38%18.44%
Nov 13, 2024David BellingerMizuho Securities$440.00$348.6426.20%12.07%
Nov 12, 2024Scot CiccarelliTruist Financial$465.00$398.3916.72%18.44%
Nov 08, 2024Joseph FeldmanTelsey Advisory$455.00$402.8912.93%15.89%
Oct 14, 2024Scot CiccarelliTruist Financial$455.00$411.9010.46%15.89%
Oct 11, 2024David BellingerMizuho Securities$435.00$412.365.49%10.80%
Oct 09, 2024Laura ChampineLoop Capital Markets$460.00$412.8911.41%17.17%
Oct 02, 2024John PancariEvercore ISI$210.00$408.93-48.65%-46.51%
Oct 02, 2024Chuck GromGordon Haskett Capital Corporation$450.00$408.9310.04%14.62%
Sep 30, 2024Peter KeithPiper Sandler$455.00$399.5313.88%15.89%
Sep 17, 2024Laura ChampineLoop Capital Markets$360.00$386.09-6.76%-8.30%
Aug 14, 2024Steven ShemeshRBC Capital$363.00$355.662.06%-7.54%
Aug 14, 2024Jonathan MatuszewskiJefferies$407.00$350.0716.26%3.67%
Aug 14, 2024Michael LasserUBS$425.00$350.0721.40%8.25%
Aug 14, 2024Laura ChampineLoop Capital Markets$330.00$355.66-7.21%-15.94%
Aug 14, 2024Andrew CarterStifel Nicolaus$375.00$350.077.12%-4.48%
Aug 01, 2024Scot CiccarelliTruist Financial$396.00$360.839.75%0.87%
Jul 16, 2024Jonathan MatuszewskiJefferies$426.00$369.0615.43%8.51%
Jul 15, 2024Andrew CarterStifel Nicolaus$380.00$359.775.62%-3.21%
Jun 26, 2024Michael BakerD.A. Davidson$395.00$341.8215.56%0.61%
May 22, 2024Steven ShemeshRBC Capital$246.00$331.25-25.73%-37.34%
May 15, 2024Michael BakerD.A. Davidson$370.00$349.255.94%-5.76%
May 15, 2024David BellingerMizuho Securities$415.00$349.2518.83%5.71%
May 15, 2024Robert OhmesRobert W. Baird$425.00$349.2521.69%8.25%
May 15, 2024Daniela BretthauerHSBC$318.00$347.68-8.54%-19.00%
May 15, 2024Scot CiccarelliTruist Financial$406.00$340.5019.24%3.41%
May 14, 2024Andrew CarterStifel Nicolaus$374.00$340.509.84%-4.74%
May 14, 2024Michael BakerD.A. Davidson$352.00$340.883.26%-10.34%
May 14, 2024Kate McShaneGoldman Sachs$388.00$340.9613.80%-1.17%
May 14, 2024Simeon GutmanMorgan Stanley$380.00$340.9611.45%-3.21%
May 14, 2024Greg MelichEvercore ISI$420.00$340.9623.18%6.98%
May 14, 2024Steven ShemeshRBC Capital$377.00$340.9610.57%-3.97%
Apr 01, 2024Seth BashamWedbush$410.00$371.2010.45%4.43%
Apr 01, 2024Scot CiccarelliTruist Financial$417.00$383.608.71%6.21%
Mar 28, 2024Joseph FeldmanTelsey Advisory$360.00$383.60-6.15%-8.30%
Feb 20, 2024Kate McShaneGoldman Sachs$393.00$362.578.39%0.10%
Jan 16, 2024Peter KeithPiper Sandler$400.00$358.4311.60%1.88%
Jan 10, 2024Seth BashamWedbush$380.00$356.806.50%-3.21%
Jan 04, 2024Seth SigmanBarclays$372.00$339.489.58%-5.25%
Nov 07, 2023Steven ShemeshRBC Capital$303.00$293.943.08%-22.82%
Oct 04, 2023Joseph FeldmanTelsey Advisory$330.00$292.3912.86%-15.94%
Sep 22, 2023John BaughStifel Nicolaus$350.00$306.7014.12%-10.85%
Aug 21, 2023Brian NagelOppenheimer$275.00$324.06-15.14%-29.95%
Aug 21, 2023Steven ZacconeCitigroup$250.00$324.06-22.85%-36.32%
Aug 15, 2023Joseph FeldmanTelsey Advisory$315.00$332.21-5.18%-19.77%
Jun 12, 2023Simeon GutmanMorgan Stanley$320.00$300.076.64%-18.49%
May 17, 2023Kate McShaneGoldman Sachs$310.00$285.338.65%-21.04%
Feb 23, 2023Brian NagelOppenheimer$400.00$297.0534.66%1.88%
Feb 22, 2023Joseph FeldmanTelsey Advisory$340.00$299.9713.34%-13.40%
Feb 22, 2023Dean RosenblumBernstein$333.00$299.9711.01%-15.18%
Dec 19, 2022Cowen CowenCowen & Co.$379.00$323.3417.21%-3.46%
Nov 16, 2022Truist Financial$382.00$314.4221.50%-2.70%
Nov 16, 2022J.P. Morgan$328.00$312.285.03%-16.45%
Nov 16, 2022Peter KeithPiper Sandler$323.00$311.933.55%-17.73%
Oct 03, 2022Jefferies$394.00$284.3938.54%0.36%
Aug 17, 2022Truist Financial$399.00$327.9121.68%1.63%
Aug 17, 2022Guggenheim$355.00$327.098.53%-9.58%
Aug 17, 2022UBS$370.00$325.5813.64%-5.76%
Aug 17, 2022Raymond James$350.00$327.386.91%-10.85%
Aug 17, 2022Robert W. Baird$360.00$327.389.96%-8.30%
Jul 04, 2022Kate McShaneGoldman Sachs$309.00$279.0810.72%-21.29%
Jun 30, 2022Chuck GromGordon Haskett Capital Corporation$315.00$274.2714.85%-19.77%
May 22, 2022Chris GrajaArgus Research$400.00$287.1939.28%1.88%
May 20, 2022Jonathan MatuszewskiJefferies$400.00$282.4341.63%1.88%
May 20, 2022Citigroup$348.00$282.9422.99%-11.36%
May 18, 2022D.A. Davidson$330.00$291.4313.23%-15.94%
May 18, 2022Steven ForbesGuggenheim$350.00$300.9516.30%-10.85%
May 18, 2022Raymond James$340.00$300.9512.98%-13.40%
May 17, 2022Scot CiccarelliTruist Financial$375.00$300.9524.61%-4.48%
May 15, 2022Michael LasserUBS$360.00$296.0321.61%-8.30%
May 03, 2022Peter KeithPiper Sandler$310.00$306.371.19%-21.04%
Apr 10, 2022Zachary FademWells Fargo$350.00$311.1112.50%-10.85%
Apr 03, 2022Chuck GromGordon Haskett Capital Corporation$355.00$301.8917.59%-9.58%
Feb 23, 2022Steven ZacconeCitigroup$377.00$306.6022.96%-3.97%
Feb 23, 2022Laura ChampineLoop Capital Markets$320.00$306.604.37%-18.49%
Feb 23, 2022Greg MelichEvercore ISI$390.00$306.6027.20%-0.66%
Feb 23, 2022Kate McShaneGoldman Sachs$402.00$306.6031.12%2.39%
Feb 23, 2022Steven ForbesGuggenheim$400.00$306.6030.46%1.88%
Feb 22, 2022Peter BenedictRobert W. Baird$380.00$314.2720.92%-3.21%
Feb 22, 2022Jonathan MatuszewskiJefferies$455.00$314.2744.78%15.89%
Feb 22, 2022Joe FeldmanTelsey Advisory$375.00$314.2719.32%-4.48%
Feb 21, 2022Joseph FeldmanTelsey Advisory$425.00$346.8722.52%8.25%
Jan 30, 2022Simeon GutmanMorgan Stanley$420.00$366.5414.59%6.98%
Jan 17, 2022Scot CiccarelliTruist Financial$448.00$372.0020.43%14.11%
Dec 30, 2021Michael BakerD.A. Davidson$420.00$407.483.07%6.98%
Dec 06, 2021Brian NagelOppenheimer$470.00$413.2113.74%19.71%
Nov 18, 2021Daniel OppenheimCredit Suisse$450.00$401.7512.01%14.62%
Nov 17, 2021Karen ShortBarclays$430.00$390.8610.01%9.53%
Nov 16, 2021Elizabeth Lane SuzukiBank of America Securities$411.00$388.375.83%4.69%

The latest Home Depot stock forecast, released on Nov 13, 2024 by Greg Melich from Evercore ISI, set a price target of $430.00, which represents a 23.34% increase from the stock price at the time of the forecast ($348.64), and a 9.53% increase from HD last price ($392.60).

Home Depot Price Target by Period

1M3M12M
# Anlaysts-1140
Avg Price Target-$429.09$394.50
Last Closing Price$392.60$392.60$392.60
Upside/Downside-100.00%9.29%0.48%

In the current month, the average price target of Home Depot stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Home Depot's last price of $392.60. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.

Analyst Ratings Upgrades/Downgrades

DateCompanyPrevious RatingNew RatingRating Change
Nov 13, 2024Evercore ISIOutperformOutperformHold
Nov 13, 2024Loop Capital MarketsBuyBuyHold
Oct 21, 2024Morgan StanleyOverweightOverweightHold
Oct 09, 2024Raymond JamesMarket PerformOutperformUpgrade
Oct 09, 2024JefferiesBuyHoldUpgrade
Oct 09, 2024Morgan StanleyOverweightEqual-WeightUpgrade
Oct 09, 2024Truist FinancialUnderperformUnderperformHold
Oct 09, 2024UBSBuyBuyHold
Oct 09, 2024Loop Capital MarketsHoldBuyUpgrade
Oct 02, 2024Keefe, Bruyette & WoodsOutperformUpgrade
Sep 30, 2024Piper SandlerOverweightOverweightHold
Sep 24, 2024OppenheimerPerformPerformHold
Sep 23, 2024UBSMarket PerformMarket PerformHold
Sep 17, 2024Loop Capital MarketsHoldHoldHold
Sep 03, 2024Truist FinancialUnderperformUnderperformHold
Sep 03, 2024UBSSector PerformSector PerformHold
Aug 14, 2024Cowen & Co.HoldHoldHold
Aug 14, 2024RBC CapitalSector PerformSector PerformHold
Aug 14, 2024KeyBancSector WeightSector WeightHold
Aug 14, 2024Evercore ISIOutperformOutperformHold
Aug 14, 2024JefferiesBuyBuyHold
Aug 14, 2024UBSBuyBuyHold
Aug 14, 2024Loop Capital MarketsHoldHoldHold
Aug 13, 2024Piper SandlerOverweightOverweightHold
Aug 13, 2024Telsey AdvisoryMarket PerformMarket PerformHold
Aug 13, 2024Raymond JamesMarket PerformMarket PerformHold
Aug 01, 2024Wells FargoMarket PerformMarket PerformHold
Aug 01, 2024WedbushUnderperformUnderperformHold
Jun 26, 2024WedbushUnderperformUnderperformHold
Jun 26, 2024Wells FargoMarket PerformMarket PerformHold
May 20, 2024Evercore ISIOutperformBuyDowngrade
May 15, 2024Bank of America SecuritiesBuyBuyHold
May 15, 2024HSBCReduceReduceHold
May 15, 2024Cowen & Co.BuyBuyHold
May 15, 2024Loop Capital MarketsHoldHoldHold
May 14, 2024Goldman SachsBuyBuyHold
May 14, 2024Morgan StanleyOverweightOverweightHold
May 14, 2024Evercore ISIOutperformOutperformHold
May 14, 2024RBC CapitalSector PerformSector PerformHold
May 07, 2024Wells FargoMarket PerformMarket PerformHold
May 07, 2024WedbushUnderperformUnderperformHold
May 07, 2024CitigroupBuyBuyHold
Apr 16, 2024WedbushUnderperformUnderperformHold
Apr 16, 2024Wells FargoMarket PerformMarket PerformHold
Apr 05, 2024Loop Capital MarketsHoldHoldHold
Apr 02, 2024ZelmanOutperformUpgrade
Apr 01, 2024Telsey AdvisoryMarket PerformMarket PerformHold
Apr 01, 2024WedbushOutperformOutperformHold
Mar 31, 2024CitigroupBuyBuyHold
Mar 26, 2024Wells FargoSector PerformSector PerformHold
Mar 26, 2024WedbushUnderperformUnderperformHold
Mar 04, 2024Wells FargoSector PerformSector PerformHold
Mar 04, 2024WedbushUnderperformUnderperformHold
Feb 28, 2024RBC CapitalSector PerformSector PerformHold
Feb 20, 2024Goldman SachsBuyBuyHold
Feb 15, 2024Telsey AdvisoryMarket PerformMarket PerformHold
Jan 22, 2024WedbushSector PerformSector PerformHold
Jan 22, 2024Truist FinancialUnderperformUnderperformHold
Jan 16, 2024Piper SandlerNeutralOverweightUpgrade
Jan 10, 2024WedbushOutperformUpgrade
Jan 04, 2024BarclaysEqual-WeightOverweightUpgrade
Nov 07, 2023RBC CapitalSector PerformInitialise
Oct 04, 2023Telsey AdvisoryMarket PerformMarket PerformHold
Aug 21, 2023Wells FargoOverweightOverweightHold
Aug 16, 2023Goldman SachsOverweightOverweightHold
Aug 16, 2023BarclaysEqual-WeightEqual-WeightHold
Aug 15, 2023Telsey AdvisoryMarket PerformMarket PerformHold
Aug 02, 2023CitigroupBuyBuyHold
Jun 12, 2023Morgan StanleyOverweightOverweightHold
Jun 12, 2023Wells FargoOverweightOverweightHold
May 22, 2023Wells FargoOverweightOverweightHold
May 17, 2023Raymond JamesMarket PerformMarket PerformHold
May 17, 2023Morgan StanleyOverweightOverweightHold
May 17, 2023Credit SuisseNeutralNeutralHold
May 17, 2023Goldman SachsBuyBuyHold
May 16, 2023Telsey AdvisoryOutperformOutperformHold
Feb 23, 2023OppenheimerOutperformOutperformHold
Feb 22, 2023BernsteinMarket PerformMarket PerformHold
Feb 22, 2023Raymond JamesMarket PerformMarket PerformHold
Feb 21, 2023Telsey AdvisoryMixedMixedHold
Feb 16, 2023Telsey AdvisoryOutperformOutperformHold
Feb 08, 2023BarclaysEqual-WeightInitialise
Dec 13, 2022Cowen & Co.OutperformOutperformHold
Dec 06, 2022BernsteinMarket PerformInitialise
Nov 16, 2022Piper SandlerNeutralNeutralHold
Nov 16, 2022Credit SuisseOutperformOutperformHold
Nov 16, 2022Raymond JamesOutperformMarket PerformDowngrade
Nov 14, 2022Goldman SachsBuyBuyHold
Oct 03, 2022JefferiesBuyBuyHold
Sep 01, 2022Atlantic EquitiesOverweightOverweightHold
Aug 17, 2022Telsey AdvisoryOutperformOutperformHold
Aug 17, 2022Credit SuisseOutperformOutperformHold
Aug 17, 2022GuggenheimBuyBuyHold
Aug 17, 2022UBSBuyBuyHold
Aug 17, 2022Raymond JamesOutperformOutperformHold
Jul 04, 2022Goldman SachsBuyBuyHold
May 20, 2022JefferiesBuyBuyHold
May 20, 2022CitigroupBuyBuyHold
May 18, 2022KeyBancSector WeightSector WeightHold
May 18, 2022Telsey AdvisoryOutperformOutperformHold
May 18, 2022GuggenheimBuyBuyHold
May 18, 2022Raymond JamesOutperformOutperformHold
May 17, 2022Wells FargoOverweightOverweightHold
May 17, 2022Piper SandlerHoldOverweightUpgrade
May 16, 2022Piper SandlerHoldHoldHold
May 15, 2022UBSBuyBuyHold
Apr 29, 2022Wells FargoBuyBuyHold
Apr 10, 2022Wells FargoOverweightOverweightHold
Feb 23, 2022Morgan StanleyOverweightOverweightHold
Feb 23, 2022Raymond JamesOutperformOutperformHold
Feb 23, 2022CitigroupBuyBuyHold
Feb 23, 2022Telsey AdvisoryOutperformOutperformHold
Jan 30, 2022Morgan StanleyOverweightOverweightHold
Dec 06, 2021OppenheimerOutperformUpgrade
Nov 13, 2021Wells FargoOverweightOverweightHold
Oct 03, 2021Wells FargoOverweightOverweightHold
May 21, 2021Loop Capital MarketsBuyBuyHold

Home Depot's last stock rating was published by Evercore ISI on Nov 13, 2024. The company gave HD a "Outperform" rating, the same as its previous rate.

Home Depot Financial Forecast

Home Depot Revenue Forecast

Jan 27Oct 26Jul 26Apr 26Jan 26Oct 25Jul 25Apr 25Jan 25Oct 24Jul 24Apr 24Jan 24Oct 23Jul 23Apr 23Jan 23Oct 22Jul 22Apr 22Jan 22Oct 21Jul 21Apr 21Jan 21Oct 20Jul 20Apr 20Jan 20Oct 19
Revenue------------$34.79B$37.71B$42.92B$37.26B$35.83B$38.87B$43.79B-$35.72B$36.82B--$32.26B-----
Avg Forecast$39.26B$43.17B$47.12B$41.10B$38.02B$41.42B$45.34B$39.10B$38.83B$39.31B$42.57B$36.63B$34.64B$37.59B$42.19B$38.31B$35.97B$37.95B$43.36B$36.71B$34.88B$34.95B$40.80B$34.82B$30.63B$31.83B$34.53B$27.56B$25.76B$27.53B
High Forecast$39.68B$43.63B$47.62B$41.54B$38.42B$41.85B$45.82B$39.52B$39.14B$40.23B$42.57B$36.64B$35.01B$38.17B$42.64B$38.72B$36.35B$38.71B$44.25B$37.46B$35.60B$35.67B$41.63B$35.53B$31.25B$32.48B$35.23B$28.13B$26.29B$28.09B
Low Forecast$37.79B$41.56B$45.35B$39.56B$36.59B$39.87B$43.64B$37.64B$38.32B$38.96B$42.57B$36.62B$33.35B$36.88B$40.61B$36.88B$34.62B$36.03B$41.19B$34.87B$33.13B$33.20B$38.75B$33.08B$29.09B$30.24B$32.80B$26.18B$24.47B$26.15B
# Analysts10101010109992019911111712887814716811877776
Surprise %------------1.00%1.00%1.02%0.97%1.00%1.02%1.01%-1.02%1.05%--1.05%-----

Home Depot's average Quarter revenue forecast for Apr 24 based on 11 analysts is $36.63B, with a low forecast of $36.62B, and a high forecast of $36.64B. HD's average Quarter revenue forecast represents a 5.29% increase compared to the company's last Quarter revenue of $34.79B (Jan 24).

Home Depot EBITDA Forecast

Jan 27Oct 26Jul 26Apr 26Jan 26Oct 25Jul 25Apr 25Jan 25Oct 24Jul 24Apr 24Jan 24Oct 23Jul 23Apr 23Jan 23Oct 22Jul 22Apr 22Jan 22Oct 21Jul 21Apr 21Jan 21Oct 20Jul 20Apr 20Jan 20Oct 19
# Analysts10101010109992019911111712887814716811877776
EBITDA------------$4.88B$6.28B$7.42B$6.38B$5.55B$6.90B$7.96B-$5.58B$6.52B--$4.76B-----
Avg Forecast$6.52B$7.17B$7.82B$6.82B$6.31B$6.87B$7.53B$6.49B$6.45B$6.53B$7.07B$6.68B$5.75B$6.24B$7.00B$6.08B$6.08B$6.30B$7.20B$5.52B$5.79B$5.80B$6.77B$4.70B$5.08B$5.28B$5.73B$4.58B$4.28B$4.57B
High Forecast$6.59B$7.24B$7.90B$6.90B$6.38B$6.95B$7.61B$6.56B$6.50B$6.68B$7.07B$8.02B$5.81B$6.34B$7.08B$7.29B$7.29B$6.43B$7.35B$6.63B$5.91B$5.92B$6.91B$5.65B$5.19B$5.39B$5.85B$4.67B$4.36B$4.66B
Low Forecast$6.27B$6.90B$7.53B$6.57B$6.07B$6.62B$7.24B$6.25B$6.36B$6.47B$7.07B$5.35B$5.54B$6.12B$6.74B$4.86B$4.86B$5.98B$6.84B$4.42B$5.50B$5.51B$6.43B$3.76B$4.83B$5.02B$5.44B$4.35B$4.06B$4.34B
Surprise %------------0.85%1.01%1.06%1.05%0.91%1.09%1.11%-0.96%1.12%--0.94%-----

11 analysts predict HD's average Quarter EBITDA for Apr 24 to be $6.68B, with a high of $8.02B and a low of $5.35B. This is 36.87% upper than Home Depot's previous annual EBITDA (Jan 24) of $4.88B.

Home Depot Net Income Forecast

Jan 27Oct 26Jul 26Apr 26Jan 26Oct 25Jul 25Apr 25Jan 25Oct 24Jul 24Apr 24Jan 24Oct 23Jul 23Apr 23Jan 23Oct 22Jul 22Apr 22Jan 22Oct 21Jul 21Apr 21Jan 21Oct 20Jul 20Apr 20Jan 20Oct 19
# Analysts10101010109992019911111712887814716811877776
Net Income------------$2.80B$3.81B$4.66B$3.87B$3.36B$4.34B$5.17B-$3.35B$4.13B--$2.86B-----
Avg Forecast$3.31B$4.41B$5.22B$4.02B$3.04B$4.01B$4.82B$3.65B$2.98B$3.63B$4.50B$4.02B$2.75B$3.73B$4.42B$3.65B$3.85B$4.09B$4.91B$3.32B$3.16B$3.39B$4.41B$2.82B$2.61B$3.03B$3.65B$2.26B$2.09B$2.50B
High Forecast$3.36B$4.47B$5.29B$4.07B$3.09B$4.06B$4.88B$3.70B$3.10B$3.83B$4.50B$4.82B$2.79B$3.96B$4.48B$4.38B$4.62B$4.19B$5.04B$3.98B$3.24B$3.48B$4.53B$3.39B$2.68B$3.11B$3.75B$2.32B$2.15B$2.57B
Low Forecast$3.15B$4.20B$4.97B$3.82B$2.90B$3.81B$4.58B$3.47B$2.86B$3.37B$4.50B$3.21B$2.62B$3.55B$4.21B$2.92B$3.08B$3.82B$4.59B$2.66B$2.95B$3.17B$4.13B$2.26B$2.44B$2.83B$3.41B$2.11B$1.95B$2.34B
Surprise %------------1.02%1.02%1.05%1.06%0.87%1.06%1.05%-1.06%1.22%--1.09%-----

Home Depot's average Quarter net income forecast for Apr 24 is $4.02B, with a range of $3.21B to $4.82B. HD's average Quarter net income forecast represents a 43.44% increase compared to the company's last Quarter net income of $2.80B (Jan 24).

Home Depot SG&A Forecast

Jan 27Oct 26Jul 26Apr 26Jan 26Oct 25Jul 25Apr 25Jan 25Oct 24Jul 24Apr 24Jan 24Oct 23Jul 23Apr 23Jan 23Oct 22Jul 22Apr 22Jan 22Oct 21Jul 21Apr 21Jan 21Oct 20Jul 20Apr 20Jan 20Oct 19
# Analysts10101010109992019911111712887814716811877776
SG&A------------$6.68B$6.65B$6.92B$6.36B$6.55B$6.47B$6.66B-$6.43B$6.17B--$6.19B-----
Avg Forecast$6.86B$7.54B$8.23B$7.18B$6.64B$7.23B$7.92B$6.83B$6.78B$6.87B$7.44B$7.71B$6.05B$6.57B$7.37B$7.01B$5.75B$6.63B$7.57B$6.37B$6.09B$6.11B$7.13B$6.12B$5.35B$5.56B$6.03B$4.81B$4.50B$4.81B
High Forecast$6.93B$7.62B$8.32B$7.26B$6.71B$7.31B$8.00B$6.90B$6.84B$7.03B$7.44B$9.25B$6.12B$6.67B$7.45B$8.41B$6.90B$6.76B$7.73B$7.64B$6.22B$6.23B$7.27B$7.34B$5.46B$5.67B$6.15B$4.91B$4.59B$4.91B
Low Forecast$6.60B$7.26B$7.92B$6.91B$6.39B$6.96B$7.62B$6.58B$6.69B$6.81B$7.44B$6.17B$5.83B$6.44B$7.09B$5.61B$4.60B$6.29B$7.20B$5.10B$5.79B$5.80B$6.77B$4.89B$5.08B$5.28B$5.73B$4.57B$4.27B$4.57B
Surprise %------------1.10%1.01%0.94%0.91%1.14%0.98%0.88%-1.06%1.01%--1.16%-----

Home Depot's average Quarter SG&A projection for Apr 24 is $7.71B, based on 11 Wall Street analysts, with a range of $6.17B to $9.25B. The forecast indicates a 15.41% rise compared to HD last annual SG&A of $6.68B (Jan 24).

Home Depot EPS Forecast

Jan 27Oct 26Jul 26Apr 26Jan 26Oct 25Jul 25Apr 25Jan 25Oct 24Jul 24Apr 24Jan 24Oct 23Jul 23Apr 23Jan 23Oct 22Jul 22Apr 22Jan 22Oct 21Jul 21Apr 21Jan 21Oct 20Jul 20Apr 20Jan 20Oct 19
# Analysts10101010109992019911111712887814716811877776
EPS------------$2.82$3.83$4.66$3.83$3.31$4.25$5.06-$3.23$3.94--$2.66-----
Avg Forecast$3.33$4.44$5.26$4.05$3.07$4.04$4.85$3.67$3.00$3.65$4.53$3.60$2.77$3.75$4.45$3.80$3.28$4.12$4.95$3.69$3.18$3.42$4.45$3.08$2.63$3.05$3.68$2.27$2.11$2.52
High Forecast$3.38$4.50$5.33$4.10$3.11$4.09$4.92$3.73$3.12$3.86$4.53$3.60$2.81$3.98$4.52$3.85$3.33$4.23$5.08$3.79$3.27$3.51$4.57$3.17$2.70$3.13$3.78$2.33$2.16$2.59
Low Forecast$3.17$4.22$5.00$3.85$2.92$3.84$4.62$3.50$2.88$3.39$4.53$3.60$2.63$3.58$4.24$3.62$3.12$3.85$4.63$3.45$2.98$3.19$4.16$2.88$2.46$2.85$3.44$2.13$1.97$2.36
Surprise %------------1.02%1.02%1.05%1.01%1.01%1.03%1.02%-1.01%1.15%--1.01%-----

According to 11 Wall Street analysts, Home Depot's projected average Quarter EPS for Apr 24 is $3.60, with a low estimate of $3.60 and a high estimate of $3.60. This represents a 27.71% increase compared to HD previous annual EPS of $2.82 (Jan 24).

Home Depot Peer Comparison by Price Target

TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
HVTHaverty Furniture Companies$23.02$42.0082.45%Buy
ARHSArhaus$10.15$13.6734.68%Buy
LOWLowe's Companies$257.75$281.679.28%Buy
HDHome Depot$408.47$427.084.56%Buy
FNDFloor & Decor$108.54$105.60-2.71%Hold

HD Forecast FAQ

Is Home Depot a good buy?

Yes, according to 23 Wall Street analysts, Home Depot (HD) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 14 'Buy' recommendations, accounting for 60.87% of HD's total ratings.

What is HD's price target?

Home Depot (HD) average price target is $427.08 with a range of $363 to $465, implying a 8.78% from its last price of $392.6. The data is based on 23 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will Home Depot stock go up soon?

According to Wall Street analysts' prediction for HD stock, the company can go up by 8.78% (from the last price of $392.6 to the average price target of $427.08), up by 18.44% based on the highest stock price target, and down by -7.54% based on the lowest stock price target.

Can Home Depot stock reach $600?

HD's average twelve months analyst stock price target of $427.08 does not support the claim that Home Depot can reach $600 in the near future.

What are Home Depot's analysts' financial forecasts?

Home Depot's analysts financial forecasts for the fiscal year (Jan 2026) are as follows: average revenue is $163.87B (high $165.61B, low $157.74B), average EBITDA is $27.2B (high $27.49B, low $26.18B), average net income is $15.52B (high $15.73B, low $14.76B), average SG&A $28.63B (high $28.93B, low $27.55B), and average EPS is $15.63 (high $15.84, low $14.87). HD's analysts financial forecasts for the fiscal year (Jan 2027) are as follows: average revenue is $170.65B (high $172.46B, low $164.27B), average EBITDA is $28.33B (high $28.63B, low $27.27B), average net income is $16.96B (high $17.19B, low $16.13B), average SG&A $29.81B (high $30.13B, low $28.69B), and average EPS is $17.08 (high $17.31, low $16.25).

Did the HD's actual financial results beat the analysts' financial forecasts?

Based on Home Depot's last annual report (Jan 2024), the company's revenue was $152.67B, which missed the average analysts forecast of $152.74B by -0.05%. Apple's EBITDA was $24.36B, missing the average prediction of $25.07B by -2.83%. The company's net income was $15.14B, beating the average estimation of $14.55B by 4.05%. Apple's SG&A was $26.6B, missing the average forecast of $27B by -1.47%. Lastly, the company's EPS was $15.11, beating the average prediction of $14.78 by 2.23%. In terms of the last quarterly report (Jan 2024), Home Depot's revenue was $34.79B, beating the average analysts' forecast of $34.64B by 0.41%. The company's EBITDA was $4.88B, missing the average prediction of $5.75B by -15.07%. Home Depot's net income was $2.8B, beating the average estimation of $2.75B by 1.89%. The company's SG&A was $6.68B, beating the average forecast of $6.05B by 10.37%. Lastly, the company's EPS was $2.82, beating the average prediction of $2.77 by 1.86%