The Home Depot, Inc. (HD)

The Home Depot Stock Forecast

Stock Price Forecast

According to 36 analysts polled by S&P Global, The Home Depot stock has a consensus rating of "Buy" and an average price target of $374.06. The average 1-year stock price forecast is 10.39% higher than the current stock price, while the lowest is $310 (-8.52%) and the highest is $430 (+26.90%).

Price Target: $374.06 (+10.39%)

Analyst Consensus: Buy

Price Target

Chart

Target	Low	Average	Median	High
Price	$310	$374.06	$379	$430
Change	-8.52%	+10.39%	+11.85%	+26.90%

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

Chart

Rating	Mar '26	Apr '26	May '26	Jun '26	Jul '26	Aug '26
Strong Buy	18	18	18	17	17	17
Buy	4	4	4	4	4	4
Hold	15	14	14	15	15	15
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	37	36	36	36	36	36

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Unknown Analyst Oppenheimer No rating	Oppenheimer	Hold Maintains $310	Hold	Maintains	$310	-8.52%	Aug 14, 2026
Steven Zaccone Citi	Citi	Buy Maintains $400	Buy	Maintains	$400	+18.04%	Aug 13, 2026
Scot Ciccarelli Truist Financial	Truist Financial	Buy Maintains n/a	Buy	Maintains	n/a	n/a	Aug 13, 2026
Peter Keith Piper Sandler	Piper Sandler	Buy Maintains $378	Buy	Maintains	$378	+11.55%	Aug 13, 2026
Joe Feldman Telsey Advisory	Telsey Advisory	Buy Maintains $410	Buy	Maintains	$410	+20.99%	Aug 12, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

170.90B

Increased by 3.78%

from 164.68B

Revenue Next Year

177.25B

Increased by 3.72%

from 170.90B

EPS This Year

14.96

Increased by 1.83%

from 14.69

EPS Next Year

16.11

Increased by 7.68%

from 14.96

Fiscal Year	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Jan 30, 2022	Jan 29, 2023	Jan 28, 2024	Feb 2, 2025	Feb 1, 2026	Jan 31, 2027
Revenue	151.16B	157.40B	152.67B	159.51B	164.68B	170.90B
Revenue Growth	14.42%	4.13%	-3.01%	4.48%	3.24%	3.78%
Gross Profit	50.83B	52.78B	50.96B	53.31B	54.87B	56.51B
Gross Margin	33.63%	33.53%	33.38%	33.42%	33.32%	33.06%
Operating Income	23.04B	24.04B	21.69B	21.53B	20.89B	21.87B
Net Income	16.43B	17.11B	15.14B	14.81B	14.16B	14.42B
EPS	-	-	-	-	14.69	14.96
EPS Growth	-	-	-	-	-1.48%	1.83%
Forward PE	23.07	18.87	23.47	26.41	25.18	22.65
Dividend / Share	6.85	7.79	8.52	9.05	9.23	9.29
Dividend Growth	11.38%	13.72%	9.37%	6.22%	1.99%	0.66%
Free Cash Flow	11.58B	7.79B	15.11B	11.61B	8.62B	16.62B
No. Analysts	-	-	-	-	-	33

EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Chart

Revenue	2027	2028	2029
High	172.5B
Avg	170.9B
Low	168.8B

Revenue Growth

Chart

Revenue Growth	2027	2028	2029
High	4.7%
Avg	3.8%
Low	2.5%

EPS Forecast

Chart

EPS	2027	2028	2029
High	15.15
Avg	14.96
Low	14.64

EPS Growth

Chart

EPS Growth	2027	2028	2029
High	3.1%
Avg	1.8%
Low	-0.3%

Data Sources: S&P Global Market Intelligence and TipRanks Last updated: Aug 14, 2026

Price targets, consensus ratings and financial forecasts are provided by S&P Global Market Intelligence. Individual analyst data is provided by TipRanks. Price targets and consensus ratings update every hour to every three days, while individual analyst data updates in near real-time.

Last checked:

Aug 14, 2026

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