The Home Depot, Inc. (HD)
NYSE: HD · Real-Time Price · USD
396.70
-0.23 (-0.06%)
Sep 26, 2024, 4:00 PM EDT - Market closed
The Home Depot Stock Forecast
Stock Price Forecast
The 25 analysts with 12-month price forecasts for The Home Depot stock have an average target of 389.48, with a low estimate of 318 and a high estimate of 430. The average target predicts a decrease of -1.82% from the current stock price of 396.70.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for The Home Depot stock from 26 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Apr '24 | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 8 | 10 | 11 | 11 | 10 | 10 |
| Buy | 9 | 8 | 8 | 8 | 8 | 8 |
| Hold | 8 | 9 | 7 | 8 | 8 | 7 |
| Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 26 | 28 | 27 | 28 | 27 | 26 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Oppenheimer | Oppenheimer | Hold Maintains $345 → $400 | Hold | Maintains | $345 → $400 | +0.83% | Sep 24, 2024 |
| Melius Research | Melius Research | Strong Buy Initiates $420 | Strong Buy | Initiates | $420 | +5.87% | Sep 23, 2024 |
| Loop Capital | Loop Capital | Hold Maintains $330 → $360 | Hold | Maintains | $330 → $360 | -9.25% | Sep 17, 2024 |
| Telsey Advisory Group | Telsey Advisory Group | Hold Maintains $360 | Hold | Maintains | $360 | -9.25% | Sep 12, 2024 |
| DA Davidson | DA Davidson | Strong Buy Maintains $395 → $430 | Strong Buy | Maintains | $395 → $430 | +8.39% | Sep 3, 2024 |
Financial Forecast
Revenue This Year
161.95B
from 152.67B
Increased by 6.08%
Revenue Next Year
168.36B
from 161.95B
Increased by 3.96%
EPS This Year
15.26
from 15.11
Increased by 1.02%
EPS Next Year
16.05
from 15.26
Increased by 5.11%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 166.5B | 175.0B | 184.0B | ||
| Avg | 161.9B | 168.4B | 175.3B | ||
| Low | 147.9B | 155.5B | 161.0B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 9.0% | 8.0% | 9.3% | ||
| Avg | 6.1% | 4.0% | 4.1% | ||
| Low | -3.1% | -4.0% | -4.4% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 15.82 | 17.23 | 19.09 | ||
| Avg | 15.26 | 16.05 | 17.44 | ||
| Low | 14.24 | 14.27 | 15.24 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 4.7% | 12.9% | 19.0% | ||
| Avg | 1.0% | 5.1% | 8.7% | ||
| Low | -5.7% | -6.5% | -5.0% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.