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 $377.5. The average 1-year stock price forecast is 17.58% higher than the current stock price, while the lowest is $310 (-3.44%) and the highest is $425 (+32.38%).

Price Target: $377.5 (+17.58%)

Analyst Consensus: Buy

Price Target

Chart

Target	Low	Average	Median	High
Price	$310	$377.5	$379	$425
Change	-3.44%	+17.58%	+18.05%	+32.38%

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
Steven Zaccone Citi	Citi	Buy Reiterates $400	Buy	Reiterates	$400	+24.59%	Aug 24, 2026
W. Andrew Carter Stifel Nicolaus	Stifel Nicolaus	Hold Maintains n/a	Hold	Maintains	n/a	n/a	Aug 24, 2026
Simeon Gutman Morgan Stanley	Morgan Stanley	Buy Reiterates $400	Buy	Reiterates	$400	+24.59%	Aug 21, 2026
Bobby Griffin Raymond James	Raymond James	Hold Reiterates n/a	Hold	Reiterates	n/a	n/a	Aug 20, 2026
Greg Melich Evercore ISI	Evercore ISI	Buy Maintains $400	Buy	Maintains	$400	+24.59%	Aug 19, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

171.54B

from 164.68B

4.16%

from 164.68B

Revenue Next Year

177.49B

from 171.54B

3.47%

from 171.54B

EPS This Year

15.02

from 14.69

2.26%

from 14.69

EPS Next Year

16.04

from 15.02

6.76%

from 15.02

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	171.54B
Revenue Growth	14.42%	4.13%	-3.01%	4.48%	3.24%	4.16%
Gross Profit	50.83B	52.78B	50.96B	53.31B	54.87B	56.77B
Gross Margin	33.63%	33.53%	33.38%	33.42%	33.32%	33.09%
Operating Income	23.04B	24.04B	21.69B	21.53B	20.89B	21.96B
Net Income	16.43B	17.11B	15.14B	14.81B	14.16B	14.47B
EPS	-	-	-	-	14.69	15.02
EPS Growth	-	-	-	-	-1.48%	2.26%
Forward PE	23.07	18.87	23.47	26.41	25.18	21.37
Dividend / Share	6.85	7.79	8.52	9.05	9.23	9.35
Dividend Growth	11.38%	13.72%	9.37%	6.22%	1.99%	1.29%
Free Cash Flow	11.58B	7.79B	15.11B	11.61B	8.62B	16.97B
No. Analysts	-	-	-	-	-	33

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

Revenue Forecast

Chart

Revenue	2027	2028	2029
High	172.9B
Avg	171.5B
Low	169.3B

Revenue Growth

Chart

Revenue Growth	2027	2028	2029
High	5.0%
Avg	4.2%
Low	2.8%

EPS Forecast

Chart

EPS	2027	2028	2029
High	15.24
Avg	15.02
Low	14.76

EPS Growth

Chart

EPS Growth	2027	2028	2029
High	3.7%
Avg	2.3%
Low	0.5%