The Home Depot, Inc. (HD)
NYSE: HD · Real-Time Price · USD
368.06
-2.34 (-0.63%)
At close: May 28, 2025, 4:00 PM
367.59
-0.47 (-0.13%)
After-hours: May 28, 2025, 6:08 PM EDT
The Home Depot Stock Forecast
Stock Price Forecast
According to 24 professional analysts, the 12-month price target for The Home Depot stock ranges from a low of $398 to a high of $470. The average analyst price target of $431.13 forecasts a 17.14% increase in the stock price over the next year.
Price Target: $431.13 (+17.14%)
Analyst Consensus: Strong Buy
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 | Dec '24 | Jan '25 | Feb '25 | Mar '25 | Apr '25 | May '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 11 | 11 | 10 | 10 | 10 | 10 |
| Buy | 10 | 10 | 10 | 10 | 10 | 10 |
| Hold | 6 | 6 | 5 | 5 | 5 | 4 |
| Sell | 1 | 1 | 1 | 1 | 1 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 28 | 28 | 26 | 26 | 26 | 24 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| JP Morgan | JP Morgan | Buy Maintains $410 → $418 | Buy | Maintains | $410 → $418 | +13.57% | May 21, 2025 |
| Stifel | Stifel | Hold → Strong Buy Upgrades $405 → $425 | Hold → Strong Buy | Upgrades | $405 → $425 | +15.47% | May 21, 2025 |
| Mizuho | Mizuho | Buy Maintains $450 → $435 | Buy | Maintains | $450 → $435 | +18.19% | May 21, 2025 |
| Truist Securities | Truist Securities | Strong Buy Maintains $393 → $417 | Strong Buy | Maintains | $393 → $417 | +13.30% | May 21, 2025 |
| Baird | Baird | Buy Maintains $430 → $425 | Buy | Maintains | $430 → $425 | +15.47% | May 21, 2025 |
Financial Forecast
Revenue This Year
169.08B
from 159.51B
Increased by 6.00%
Revenue Next Year
176.06B
from 169.08B
Increased by 4.13%
EPS This Year
15.44
from 14.91
Increased by 3.53%
EPS Next Year
16.86
from 15.44
Increased by 9.20%
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| High | 179.9B | 187.5B | 196.3B | ||
| Avg | 169.1B | 176.1B | 183.1B | ||
| Low | 157.5B | 160.5B | 167.2B |
Revenue Growth
| Revenue Growth | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| High | 12.8% | 10.9% | 11.5% | ||
| Avg | 6.0% | 4.1% | 4.0% | ||
| Low | -1.2% | -5.1% | -5.0% |
EPS Forecast
| EPS | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| High | 16.10 | 17.90 | 19.89 | ||
| Avg | 15.44 | 16.86 | 18.24 | ||
| Low | 14.19 | 14.67 | 15.82 |
EPS Growth
| EPS Growth | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| High | 8.0% | 16.0% | 18.0% | ||
| Avg | 3.5% | 9.2% | 8.2% | ||
| Low | -4.8% | -5.0% | -6.2% |
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.