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

OverviewRevenueOwnershipFinancialsChartTranscripts

HD Stock Forecast

Home Depot (HD) stock forecast, based on 57 Wall Street analysts, predicts a 12-month average price target of $440.25, with a high of $465.00 and a low of $418.00. This represents a 27.24% increase from the last price of $345.99.

$300 $340 $380 $420 $460 $500 High: $465 Avg: $440.25 Low: $418 Last Closed Price: $345.99

HD Stock Rating

Home Depot stock's rating consensus is Buy, based on 57 Wall Street analysts. The breakdown includes 1 Strong Buy (1.75%), 36 Buy (63.16%), 16 Hold (28.07%), 4 Sell (7.02%), and 0 Strong Sell (0.00%).

Buy
Total 57 4 16 36 1 Strong Sell Sell Hold Buy Strong Buy

HD Price Target Upside V Benchmarks

TypeNameUpside
StockHome Depot27.24%
SectorConsumer Cyclical Stocks 27.48%
IndustryHome Improvement Stocks 27.94%

Price Target Trends

1M3M12M
# Anlaysts1236
Avg Price Target$418.00$423.00$397.64
Last Closing Price$345.99$345.99$345.99
Upside/Downside20.81%22.26%14.93%
Ratings Trends
DateStrong BuyBuyHoldSellStrong SellTotal
Apr, 2552213-141
Mar, 25522131-41
Feb, 25521122-40
Jan, 25521122-40
Dec, 24521122-40
Analyst Price Target Forecasts
DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Mar 24, 2025Piper Sandler$418.00$363.7714.91%20.81%
Mar 03, 2025KGI Securities$428.00$389.699.83%23.70%
Jan 07, 2025Zhihan MaBernstein$421.00$384.239.57%21.68%
Nov 13, 2024Greg MelichEvercore ISI$430.00$348.6423.34%24.28%
Nov 13, 2024Laura ChampineLoop Capital Markets$465.00$348.6433.38%34.40%
Nov 13, 2024David BellingerMizuho Securities$440.00$348.6426.20%27.17%
Nov 12, 2024Scot CiccarelliTruist Financial$465.00$398.4016.72%34.40%
Nov 08, 2024Joseph FeldmanTelsey Advisory$455.00$402.8912.93%31.51%
Oct 14, 2024Scot CiccarelliTruist Financial$455.00$411.9010.46%31.51%
Oct 11, 2024David BellingerMizuho Securities$435.00$412.365.49%25.73%
Analyst Rating Forecasts
DateCompanyPrevious RatingNew RatingRating Change
Mar 03, 2025Wells FargoHoldHoldhold
Mar 03, 2025KGI SecuritiesOutperforminitialise
Jan 07, 2025BernsteinMarket PerformMarket Performhold
Nov 13, 2024Evercore ISIOutperformOutperformhold
Nov 13, 2024Loop Capital MarketsBuyBuyhold
Oct 21, 2024Morgan StanleyOverweightOverweighthold
Oct 09, 2024JefferiesBuyHoldupgrade
Oct 09, 2024UBSBuyBuyhold
Oct 09, 2024Loop Capital MarketsHoldBuyupgrade
Oct 02, 2024Keefe, Bruyette & WoodsOutperformupgrade

Financial Forecast

EPS Forecast

$10 $13 $16 $19 $22 $25 Jan 21 Jan 22 Jan 23 Jan 24 Jan 25 Jan 26 Jan 27 Jan 28 Jan 29
Jan 21Jan 22Jan 23Jan 24Jan 25Jan 26Jan 27Jan 28Jan 29
Reported$11.98$15.59$16.74$15.16$14.96----
Avg Forecast$11.91$15.49$16.66$15.06$15.08$15.65$17.09$19.06$23.26
High Forecast$12.10$15.74$17.21$15.29$15.19$16.01$18.74$19.69$24.03
Low Forecast$11.53$15.00$16.04$14.93$14.96$14.92$15.75$18.35$22.40
Surprise %0.59%0.65%0.48%0.66%-0.80%----

Revenue Forecast

$125B $140B $155B $170B $185B $200B Jan 21 Jan 22 Jan 23 Jan 24 Jan 25 Jan 26 Jan 27 Jan 28 Jan 29
Jan 21Jan 22Jan 23Jan 24Jan 25Jan 26Jan 27Jan 28Jan 29
Reported$132.11B$151.16B$157.40B$152.67B$159.51B----
Avg Forecast$130.38B$150.03B$157.43B$152.48B$158.55B$163.76B$171.20B$181.69B$194.98B
High Forecast$132.05B$151.94B$158.71B$153.11B$158.81B$164.91B$175.91B$186.32B$199.95B
Low Forecast$127.21B$146.37B$156.15B$152.12B$158.37B$160.93B$166.49B$176.52B$189.43B
Surprise %1.32%0.75%-0.02%0.12%0.61%----

Net Income Forecast

$10B $13B $16B $19B $22B $25B Jan 21 Jan 22 Jan 23 Jan 24 Jan 25 Jan 26 Jan 27 Jan 28 Jan 29
Jan 21Jan 22Jan 23Jan 24Jan 25Jan 26Jan 27Jan 28Jan 29
Reported$12.87B$16.43B$17.11B$15.14B$14.81B----
Avg Forecast$11.93B$15.52B$16.23B$15.11B$14.79B$15.46B$16.66B$19.10B$23.31B
High Forecast$12.13B$15.77B$17.25B$18.13B$14.88B$16.04B$18.78B$19.73B$24.08B
Low Forecast$11.55B$15.03B$16.08B$12.09B$14.70B$14.95B$15.78B$18.39B$22.44B
Surprise %7.85%5.90%5.37%0.22%0.09%----

HD Forecast FAQ

Is Home Depot stock a buy?

Home Depot stock has a consensus rating of Buy, based on 57 Wall Street analysts. The rating breakdown includes 1 Strong Buy, 36 Buy, 16 Hold, 4 Sell, and 0 Strong Sell, reflecting a consensus that Home Depot is a favorable investment for most analysts.

What is Home Depot's price target?

Home Depot's price target, set by 57 Wall Street analysts, averages $440.25 over the next 12 months. The price target range spans from $418 at the low end to $465 at the high end, suggesting a potential 27.24% change from the previous closing price of $345.99.

How does Home Depot stock forecast compare to its benchmarks?

Home Depot's stock forecast shows a 27.24% upside, underperforming the average forecast for the consumer cyclical stocks sector (27.48%) and underperforming the home improvement stocks industry (27.94%).

What is the breakdown of analyst ratings for Home Depot over the past three months?

  • April 2025: 12.20% Strong Buy, 53.66% Buy, 31.71% Hold, 0% Sell, 2.44% Strong Sell.
  • March 2025: 12.20% Strong Buy, 53.66% Buy, 31.71% Hold, 2.44% Sell, 0% Strong Sell.
  • February 2025: 12.50% Strong Buy, 52.50% Buy, 30.00% Hold, 5.00% Sell, 0% Strong Sell.

What is Home Depot’s EPS forecast?

Home Depot's average annual EPS forecast for its fiscal year ending in January 2026 is $15.65, marking a 4.61% increase from the reported $14.96 in 2025. Estimates for the following years are $17.09 in 2027, $19.06 in 2028, and $23.26 in 2029.

What is Home Depot’s revenue forecast?

Home Depot's average annual revenue forecast for its fiscal year ending in January 2026 is $163.76B, reflecting a 2.66% increase from the reported $159.51B in 2025. The forecast for 2027 is $171.2B, followed by $181.69B for 2028, and $194.98B for 2029.

What is Home Depot’s net income forecast?

Home Depot's net income forecast for the fiscal year ending in January 2026 stands at $15.46B, representing an 4.39% increase from the reported $14.81B in 2025. Projections indicate $16.66B in 2027, $19.1B in 2028, and $23.31B in 2029.