The Home Depot, Inc. (HD)
NYSE: HD · Real-Time Price · USD
362.75
+3.37 (0.94%)
May 7, 2025, 4:00 PM EDT - Market closed
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 425.6, with a low estimate of 318 and a high estimate of 466. The average target predicts an increase of 17.33% from the current stock price of 362.75.
Analyst Consensus: Buy
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 | 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 | 5 |
| Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 28 | 28 | 26 | 26 | 26 | 26 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Truist Securities | Truist Securities | Strong Buy Maintains $391 → $393 | Strong Buy | Maintains | $391 → $393 | +8.34% | May 6, 2025 |
| JP Morgan | JP Morgan | Buy Maintains $470 → $410 | Buy | Maintains | $470 → $410 | +13.03% | May 6, 2025 |
| Morgan Stanley | Morgan Stanley | Buy Maintains $450 → $410 | Buy | Maintains | $450 → $410 | +13.03% | May 5, 2025 |
| Truist Securities | Truist Securities | Strong Buy Maintains $437 → $391 | Strong Buy | Maintains | $437 → $391 | +7.79% | Apr 8, 2025 |
| Piper Sandler | Piper Sandler | Buy Maintains $435 → $418 | Buy | Maintains | $435 → $418 | +15.23% | Mar 24, 2025 |
Financial Forecast
Revenue This Year
169.56B
from 159.51B
Increased by 6.30%
Revenue Next Year
176.53B
from 169.56B
Increased by 4.11%
EPS This Year
15.49
from 14.91
Increased by 3.91%
EPS Next Year
16.99
from 15.49
Increased by 9.66%
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| High | 180.7B | 187.5B | 196.3B | ||
| Avg | 169.6B | 176.5B | 183.8B | ||
| Low | 159.9B | 164.9B | 167.2B |
Revenue Growth
| Revenue Growth | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| High | 13.3% | 10.6% | 11.2% | ||
| Avg | 6.3% | 4.1% | 4.1% | ||
| Low | 0.3% | -2.8% | -5.3% |
EPS Forecast
| EPS | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| High | 16.21 | 17.97 | 19.96 | ||
| Avg | 15.49 | 16.99 | 18.46 | ||
| Low | 14.19 | 15.44 | 16.17 |
EPS Growth
| EPS Growth | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| High | 8.7% | 16.0% | 17.5% | ||
| Avg | 3.9% | 9.7% | 8.6% | ||
| Low | -4.8% | -0.4% | -4.8% |
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.