The Home Depot, Inc. (HD)

The Home Depot Stock Forecast

Stock Price Forecast

The 24 analysts that cover The Home Depot stock have a consensus rating of "Strong Buy" and an average price target of $429.92, which forecasts a 18.1% increase in the stock price over the next year. The lowest target is $398 and the highest is $470.

Price Target: $429.92 (+18.1%)

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	$398	$429.92	$425	$470
Change	+9.33%	+18.10%	+16.75%	+29.11%

Analyst Ratings

The average analyst rating for The Home Depot stock is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

Rating	Feb '25	Mar '25	Apr '25	May '25	Jun '25	Jul '25
Strong Buy	10	10	10	10	10	10
Buy	10	10	10	10	10	10
Hold	6	6	6	4	4	4
Sell	1	1	1	0	0	0
Strong Sell	0	0	0	0	0	0
Total	27	27	27	24	24	24

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Joseph Feldman Telsey Advisory Group	Telsey Advisory Group	Buy Maintains $455	Buy	Maintains	$455	+24.99%	Jun 30, 2025
Joseph Feldman Telsey Advisory Group	Telsey Advisory Group	Buy Maintains $455	Buy	Maintains	$455	+24.99%	Jun 20, 2025
Christopher Horvers JP Morgan	JP Morgan	Buy Maintains $410 → $418	Buy	Maintains	$410 → $418	+14.82%	May 21, 2025
W. Andrew Carter Stifel	Stifel	Hold → Strong Buy Upgrades $405 → $425	Hold → Strong Buy	Upgrades	$405 → $425	+16.75%	May 21, 2025
David Bellinger Mizuho	Mizuho	Buy Maintains $450 → $435	Buy	Maintains	$450 → $435	+19.49%	May 21, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

169.39B

Increased by 6.19%

from 159.51B

Revenue Next Year

176.42B

Increased by 4.15%

from 169.39B

EPS This Year

15.47

Increased by 3.73%

from 14.91

EPS Next Year

16.80

Increased by 8.61%

from 15.47

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027	FY 2028
Period Ending	Jan 31, 2021	Jan 30, 2022	Jan 29, 2023	Jan 28, 2024	Feb 2, 2025	Feb 2, 2026	Feb 2, 2027	Feb 2, 2028
Revenue	132.11B	151.16B	157.40B	152.67B	159.51B	169.39B	176.42B	183.77B
Revenue Growth	19.86%	14.42%	4.13%	-3.01%	4.48%	6.19%	4.15%	4.17%
EPS	11.94	15.53	16.69	15.11	14.91	15.47	16.80	18.20
EPS Growth	16.49%	30.07%	7.47%	-9.47%	-1.32%	3.73%	8.61%	8.33%
Forward PE	-	-	-	-	-	23.54	21.67	20.00
No. Analysts	-	-	-	-	-	42	42	23

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2026	2027	2028	2030
High	176.6B	184.0B	192.5B
Avg	169.4B	176.4B	183.8B
Low	160.0B	164.3B	167.2B

Revenue Growth

Revenue Growth	2026	2027	2028	2030
High	10.7%	8.6%	9.1%
Avg	6.2%	4.2%	4.2%
Low	0.3%	-3.0%	-5.2%

EPS Forecast

EPS	2026	2027	2028	2030
High	16.15	17.69	19.91
Avg	15.47	16.80	18.20
Low	14.59	15.35	16.22

EPS Growth

EPS Growth	2026	2027	2028	2030
High	8.3%	14.4%	18.5%
Avg	3.7%	8.6%	8.3%
Low	-2.1%	-0.8%	-3.4%

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.