The Home Depot, Inc. (HD)
NYSE: HD · Real-Time Price · USD
386.75
-2.58 (-0.66%)
Oct 7, 2025, 3:11 PM EDT - Market open
The Home Depot Stock Forecast
Stock Price Forecast
The 21 analysts that cover The Home Depot stock have a consensus rating of "Buy" and an average price target of $441.71, which forecasts a 14.21% increase in the stock price over the next year. The lowest target is $398 and the highest is $497.
Price Target: $441.71 (+14.21%)
Analyst Consensus: Buy
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
| Rating | May '25 | Jun '25 | Jul '25 | Aug '25 | Sep '25 | Oct '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 10 | 10 | 10 | 9 | 9 | 7 |
| Buy | 10 | 10 | 10 | 10 | 11 | 11 |
| Hold | 4 | 4 | 4 | 4 | 4 | 3 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 24 | 24 | 24 | 23 | 24 | 21 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Wolfe Research | Wolfe Research | Buy Initiates $497 | Buy | Initiates | $497 | +28.51% | Sep 18, 2025 |
| Wells Fargo | Wells Fargo | Buy Maintains $420 → $450 | Buy | Maintains | $420 → $450 | +16.35% | Aug 20, 2025 |
| Mizuho | Mizuho | Buy Maintains $435 → $450 | Buy | Maintains | $435 → $450 | +16.35% | Aug 20, 2025 |
| Morgan Stanley | Morgan Stanley | Buy Maintains $415 → $430 | Buy | Maintains | $415 → $430 | +11.18% | Aug 20, 2025 |
| JP Morgan | JP Morgan | Buy Maintains $460 → $452 | Buy | Maintains | $460 → $452 | +16.87% | Aug 20, 2025 |
Financial Forecast
Revenue This Year
168.90B
from 159.51B
Increased by 5.89%
Revenue Next Year
176.69B
from 168.90B
Increased by 4.61%
EPS This Year
15.47
from 14.91
Increased by 3.78%
EPS Next Year
16.81
from 15.47
Increased by 8.60%
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| High | 174.6B | 188.0B | |||
| Avg | 168.9B | 176.7B | |||
| Low | 152.8B | 164.5B |
Revenue Growth
| Revenue Growth | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| High | 9.5% | 11.3% | |||
| Avg | 5.9% | 4.6% | |||
| Low | -4.2% | -2.6% |
EPS Forecast
| EPS | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| High | 16.07 | 17.67 | |||
| Avg | 15.47 | 16.81 | |||
| Low | 14.65 | 15.14 |
EPS Growth
| EPS Growth | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| High | 7.7% | 14.2% | |||
| Avg | 3.8% | 8.6% | |||
| Low | -1.7% | -2.2% |
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.