The Home Depot, Inc. (HD)
NYSE: HD · Real-Time Price · USD
321.65
-6.78 (-2.06%)
At close: Mar 27, 2026, 4:00 PM EDT
323.00
+1.35 (0.42%)
Pre-market: Mar 30, 2026, 7:18 AM EDT

The Home Depot Stock Forecast

Stock Price Forecast

The 23 analysts that cover The Home Depot stock have a consensus rating of "Buy" and an average price target of $423, which forecasts a 31.51% increase in the stock price over the next year. The lowest target is $348 and the highest is $497.

Price Target: $423 (+31.51%)
Analyst Consensus: Buy
TargetLowAverageMedianHigh
Price$348$423$425$497
Change+8.19%+31.51%+32.13%+54.52%

Analyst Ratings

The average analyst rating for The Home Depot stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

RatingOct '25Nov '25Dec '25Jan '26Feb '26Mar '26
Strong Buy9999109
Buy11101010109
Hold434445
Sell000000
Strong Sell000000
Total242223232423

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Telsey Advisory Group
Telsey Advisory Group
Buy
Maintains
$435
BuyMaintains$435+35.24%Mar 25, 2026
BNP Paribas
BNP Paribas
Hold
Maintains
$391$348
HoldMaintains$391$348+8.19%Mar 24, 2026
UBS
UBS
Strong Buy
Maintains
$430$450
Strong BuyMaintains$430$450+39.90%Feb 25, 2026
Bernstein
Bernstein
Hold
Maintains
$381$390
HoldMaintains$381$390+21.25%Feb 25, 2026
RBC Capital
RBC Capital
Hold
Maintains
$363$377
HoldMaintains$363$377+17.21%Feb 25, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
176.43B
from 164.68B
Increased by 7.13%
Revenue Next Year
183.65B
from 176.43B
Increased by 4.09%
EPS This Year
15.52
from 14.23
Increased by 9.04%
EPS Next Year
16.80
from 15.52
Increased by 8.27%
Fiscal YearFY 2022FY 2023FY 2024FY 2025FY 2026FY 2027FY 2028
Period EndingJan 30, 2022Jan 29, 2023Jan 28, 2024Feb 2, 2025Feb 1, 2026Feb 1, 2027Feb 1, 2028
Revenue
151.16B157.40B152.67B159.51B164.68B176.43B183.65B
Revenue Growth
14.42%4.13%-3.01%4.48%3.24%7.13%4.09%
EPS
15.5316.6915.1114.9114.2315.5216.80
EPS Growth
30.07%7.47%-9.47%-1.32%-4.56%9.04%8.27%
Forward PE
-----20.7319.15
No. Analysts
-----4139
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue20272028202920302031
High181.1B191.4B
Avg176.4B183.6B
Low166.5B170.6B

Revenue Growth

Revenue Growth20272028202920302031
High
10.0%
8.5%
Avg
7.1%
4.1%
Low
1.1%
-3.3%

EPS Forecast

EPS20272028202920302031
High16.1518.11
Avg15.5216.80
Low14.5315.39

EPS Growth

EPS Growth20272028202920302031
High
13.5%
16.7%
Avg
9.0%
8.3%
Low
2.1%
-0.8%
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.