The Home Depot, Inc. (HD)
NYSE: HD · Real-Time Price · USD
395.45
-0.69 (-0.17%)
Dec 26, 2024, 3:56 PM EST - Market open
The Home Depot Stock Forecast
Stock Price Forecast
The 27 analysts with 12-month price forecasts for The Home Depot stock have an average target of 423.96, with a low estimate of 318 and a high estimate of 466. The average target predicts an increase of 7.21% from the current stock price of 395.45.
Analyst Consensus: Buy
* Price targets were last updated on Nov 14, 2024.
Analyst Ratings
The average analyst rating for The Home Depot stock from 28 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 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 11 | 10 | 10 | 12 | 11 | 11 |
| Buy | 8 | 8 | 8 | 8 | 10 | 10 |
| Hold | 8 | 8 | 7 | 7 | 6 | 6 |
| Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 28 | 27 | 26 | 28 | 28 | 28 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Stifel | Stifel | Hold Maintains $400 → $405 | Hold | Maintains | $400 → $405 | +2.41% | Nov 14, 2024 |
| Telsey Advisory Group | Telsey Advisory Group | Buy Maintains $455 | Buy | Maintains | $455 | +15.06% | Nov 13, 2024 |
| Truist Securities | Truist Securities | Strong Buy Maintains $459 → $465 | Strong Buy | Maintains | $459 → $465 | +17.59% | Nov 13, 2024 |
| Evercore ISI Group | Evercore ISI Group | Buy Maintains $420 → $430 | Buy | Maintains | $420 → $430 | +8.74% | Nov 13, 2024 |
| B of A Securities | B of A Securities | Strong Buy Maintains $425 → $450 | Strong Buy | Maintains | $425 → $450 | +13.79% | Nov 13, 2024 |
Financial Forecast
Revenue This Year
163.38B
from 152.67B
Increased by 7.02%
Revenue Next Year
168.96B
from 163.38B
Increased by 3.42%
EPS This Year
15.29
from 15.11
Increased by 1.21%
EPS Next Year
16.05
from 15.29
Increased by 4.95%
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 167.0B | 175.9B | 187.7B | ||
| Avg | 163.4B | 169.0B | 176.6B | ||
| Low | 155.1B | 157.8B | 163.7B |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 9.4% | 7.6% | 11.1% | ||
| Avg | 7.0% | 3.4% | 4.5% | ||
| Low | 1.6% | -3.4% | -3.1% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 15.91 | 17.06 | 19.43 | ||
| Avg | 15.29 | 16.05 | 17.48 | ||
| Low | 14.44 | 14.32 | 15.24 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 5.3% | 11.6% | 21.0% | ||
| Avg | 1.2% | 4.9% | 8.9% | ||
| Low | -4.5% | -6.4% | -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.