The Home Depot, Inc. (HD)
NYSE: HD · Real-Time Price · USD
406.50
+11.80 (2.99%)
Aug 19, 2025, 3:33 PM - Market open

The Home Depot Stock Forecast

Stock Price Forecast

The 23 analysts that cover The Home Depot stock have a consensus rating of "Strong Buy" and an average price target of $430.43, which forecasts a 5.89% increase in the stock price over the next year. The lowest target is $398 and the highest is $470.

Price Target: $430.43 (+5.89%)
Analyst Consensus: Strong Buy
TargetLowAverageMedianHigh
Price$398$430.43$430$470
Change-2.09%+5.89%+5.78%+15.62%

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

RatingMar '25Apr '25May '25Jun '25Jul '25Aug '25
Strong Buy10101010109
Buy101010101010
Hold664444
Sell110000
Strong Sell000000
Total272724242423

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
DA Davidson
DA Davidson
Strong Buy
Maintains
$450
Strong BuyMaintains$450+10.70%Aug 19, 2025
Telsey Advisory Group
Telsey Advisory Group
Buy
Maintains
$455
BuyMaintains$455+11.93%Aug 19, 2025
Stifel
Stifel
Strong Buy
Maintains
$425$432
Strong BuyMaintains$425$432+6.27%Aug 18, 2025
Telsey Advisory Group
Telsey Advisory Group
Buy
Maintains
$455
BuyMaintains$455+11.93%Aug 13, 2025
Truist Securities
Truist Securities
Strong Buy
Maintains
$417$433
Strong BuyMaintains$417$433+6.52%Aug 13, 2025
More Analyst Ratings

Financial Forecast

Revenue This Year
169.37B
from 159.51B
Increased by 6.18%
Revenue Next Year
176.44B
from 169.37B
Increased by 4.17%
EPS This Year
15.47
from 14.91
Increased by 3.73%
EPS Next Year
16.80
from 15.47
Increased by 8.61%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026FY 2027FY 2028
Period EndingJan 31, 2021Jan 30, 2022Jan 29, 2023Jan 28, 2024Feb 2, 2025Feb 2, 2026Feb 2, 2027Jan 31, 2028
Revenue
132.11B151.16B157.40B152.67B159.51B169.37B176.44B183.68B
Revenue Growth
19.86%14.42%4.13%-3.01%4.48%6.18%4.17%4.10%
EPS
11.9415.5316.6915.1114.9115.4716.8018.23
EPS Growth
16.49%30.07%7.47%-9.47%-1.32%3.73%8.61%8.54%
Forward PE
-----26.2824.2022.30
No. Analysts
-----424224
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue20262027202820292030
High176.6B184.0B195.3B
Avg169.4B176.4B183.7B
Low160.0B164.3B167.2B

Revenue Growth

Revenue Growth20262027202820292030
High
10.7%
8.7%
10.7%
Avg
6.2%
4.2%
4.1%
Low
0.3%
-3.0%
-5.2%

EPS Forecast

EPS20262027202820292030
High16.1517.6919.91
Avg15.4716.8018.23
Low14.5915.3515.93

EPS Growth

EPS Growth20262027202820292030
High
8.3%
14.4%
18.5%
Avg
3.7%
8.6%
8.5%
Low
-2.1%
-0.8%
-5.2%
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.