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 431.56, with a low estimate of 318 and a high estimate of 475. The average target predicts an increase of 19.43% from the current stock price of 361.35.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$318	$431.56	$437	$475
Change	-12.00%	+19.43%	+20.94%	+31.45%

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	Oct '24	Nov '24	Dec '24	Jan '25	Feb '25	Mar '25
Strong Buy	12	11	11	11	10	10
Buy	8	10	10	10	10	10
Hold	7	6	6	6	5	5
Sell	1	1	1	1	1	1
Strong Sell	0	0	0	0	0	0
Total	28	28	28	28	26	26

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Peter Keith Piper Sandler	Piper Sandler	Buy Maintains $435 → $418	Buy	Maintains	$435 → $418	+15.68%	Mar 24, 2025
Laura Champine Loop Capital	Loop Capital	Strong Buy Maintains $465 → $430	Strong Buy	Maintains	$465 → $430	+19.00%	Feb 26, 2025
Peter Benedict Baird	Baird	Buy Maintains $440 → $430	Buy	Maintains	$440 → $430	+19.00%	Feb 26, 2025
Peter Keith Piper Sandler	Piper Sandler	Buy Maintains $455 → $435	Buy	Maintains	$455 → $435	+20.38%	Feb 26, 2025
Steven Shemesh RBC Capital	RBC Capital	Hold Maintains $431 → $424	Hold	Maintains	$431 → $424	+17.34%	Feb 26, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

169.26B

from 159.51B

6.11%

from 159.51B

Revenue Next Year

176.54B

from 169.26B

4.30%

from 169.26B

EPS This Year

16.03

from 14.91

7.51%

from 14.91

EPS Next Year

17.52

from 16.03

9.28%

from 16.03

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	169.26B	176.54B	183.78B
Revenue Growth	19.86%	14.42%	4.13%	-3.01%	4.48%	6.11%	4.30%	4.10%
EPS	11.94	15.53	16.69	15.11	14.91	16.03	17.52	18.50
EPS Growth	16.49%	30.07%	7.47%	-9.47%	-1.32%	7.51%	9.28%	5.58%
Forward PE	-	-	-	-	-	22.54	20.63	19.54
No. Analysts	-	-	-	-	-	42	36	20

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

Revenue Forecast

Revenue	2026	2027	2028
High	179.9B	187.5B	196.3B
Avg	169.3B	176.5B	183.8B
Low	159.9B	165.0B	169.0B

Revenue Growth

Revenue Growth	2026	2027	2028
High	12.8%	10.8%	11.2%
Avg	6.1%	4.3%	4.1%
Low	0.3%	-2.5%	-4.3%

EPS Forecast

EPS	2026	2027	2028
High	17.03	19.43	19.96
Avg	16.03	17.52	18.50
Low	14.32	15.24	16.37

EPS Growth

EPS Growth	2026	2027	2028
High	14.2%	21.2%	13.9%
Avg	7.5%	9.3%	5.6%
Low	-4.0%	-4.9%	-6.6%

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.