The Home Depot, Inc. (HD)
NYSE: HD · Real-Time Price · USD
385.30
-9.34 (-2.37%)
At close: Feb 21, 2025, 4:00 PM
385.15
-0.15 (-0.04%)
After-hours: Feb 21, 2025, 7:54 PM EST

The Home Depot Stock Forecast

Stock Price Forecast

The 24 analysts with 12-month price forecasts for The Home Depot stock have an average target of 433.96, with a low estimate of 318 and a high estimate of 475. The average target predicts an increase of 12.63% from the current stock price of 385.30.

Analyst Consensus: Buy
Target Low Average Median High
Price $318 $433.96 $450 $475
Change -17.47% +12.63% +16.79% +23.28%

Analyst Ratings

The average analyst rating for The Home Depot stock from 25 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 Sep '24Oct '24Nov '24Dec '24Jan '25Feb '25
Strong Buy 101211111110
Buy 881010109
Hold 776665
Sell 111111
Strong Sell 000000
Total 262828282825

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Telsey Advisory Group
Telsey Advisory Group
Buy
Maintains
$455
Buy Maintains $455 +18.09% Feb 20, 2025
Wells Fargo
Wells Fargo
Buy
Maintains
$440$450
Buy Maintains $440$450 +16.79% Feb 13, 2025
Truist Securities
Truist Securities
Strong Buy
Maintains
$465$467
Strong Buy Maintains $465$467 +21.20% Feb 11, 2025
JP Morgan
JP Morgan
Buy
Maintains
$450$475
Buy Maintains $450$475 +23.28% Feb 10, 2025
Stifel
Stifel
Hold
Maintains
$400$405
Hold Maintains $400$405 +5.11% Nov 14, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
163.53B
from 152.67B
Increased by 7.11%
Revenue Next Year
168.94B
from 163.53B
Increased by 3.31%
EPS This Year
15.30
from 15.11
Increased by 1.23%
EPS Next Year
16.02
from 15.30
Increased by 4.76%
Fiscal Year FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026 FY 2027
Period Ending Feb 2, 2020 Jan 31, 2021 Jan 30, 2022 Jan 29, 2023 Jan 28, 2024 Jan 28, 2025 Jan 28, 2026 Jan 28, 2027
Revenue
110.23B132.11B151.16B157.40B152.67B163.53B168.94B176.62B
Revenue Growth
1.87%19.85%14.42%4.13%-3.01%7.11%3.31%4.55%
EPS
10.2511.9415.5316.6915.1115.3016.0217.45
EPS Growth
5.34%16.49%30.07%7.47%-9.47%1.23%4.76%8.91%
Forward PE
-----25.1924.0422.08
No. Analysts -----434236
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202520262027202820292030
High 167.7B 175.9B 187.7B
Avg 163.5B 168.9B 176.6B
Low 155.2B 156.9B 163.7B

Revenue Growth

Revenue Growth 202520262027202820292030
High
9.8%
7.5%
11.1%
Avg
7.1%
3.3%
4.5%
Low
1.7%
-4.0%
-3.1%

EPS Forecast

EPS 202520262027202820292030
High 15.91 17.06 19.43
Avg 15.30 16.02 17.45
Low 14.44 14.32 15.24

EPS Growth

EPS Growth 202520262027202820292030
High
5.3%
11.5%
21.2%
Avg
1.2%
4.8%
8.9%
Low
-4.5%
-6.4%
-4.9%
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.