The Home Depot, Inc. (HD)
NYSE: HD · Real-Time Price · USD
297.51
-6.84 (-2.25%)
At close: May 15, 2026, 4:00 PM EDT
297.92
+0.41 (0.14%)
After-hours: May 15, 2026, 7:59 PM EDT
The Home Depot Stock Forecast
Stock Price Forecast
The 23 analysts that cover The Home Depot stock have a consensus rating of "Buy" and an average price target of $416.57, which forecasts a 40.02% increase in the stock price over the next year. The lowest target is $348 and the highest is $497.
Price Target: $416.57 (+40.02%)
Analyst Consensus: Buy
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
| Rating | Dec '25 | Jan '26 | Feb '26 | Mar '26 | Apr '26 | May '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 9 | 9 | 10 | 9 | 9 | 9 |
| Buy | 10 | 10 | 10 | 9 | 9 | 9 |
| Hold | 4 | 4 | 4 | 5 | 5 | 5 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 23 | 23 | 24 | 23 | 23 | 23 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Piper Sandler | Piper Sandler | Buy Maintains $422 → $421 | Buy | Maintains | $422 → $421 | +41.51% | May 15, 2026 |
| Wells Fargo | Wells Fargo | Buy Maintains $420 → $375 | Buy | Maintains | $420 → $375 | +26.05% | May 14, 2026 |
| Bernstein | Bernstein | Hold Maintains $390 → $365 | Hold | Maintains | $390 → $365 | +22.68% | May 14, 2026 |
| Truist Securities | Truist Securities | Strong Buy Maintains $424 → $394 | Strong Buy | Maintains | $424 → $394 | +32.43% | May 13, 2026 |
| Citigroup | Citigroup | Strong Buy Maintains $450 → $400 | Strong Buy | Maintains | $450 → $400 | +34.45% | May 12, 2026 |
Financial Forecast
Revenue This Year
176.42B
from 164.68B
Increased by 7.13%
Revenue Next Year
183.65B
from 176.42B
Increased by 4.10%
EPS This Year
15.51
from 14.23
Increased by 9.02%
EPS Next Year
16.80
from 15.51
Increased by 8.28%
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 | 2034 |
|---|---|---|---|---|---|---|---|---|
| High | 181.1B | 191.4B | ||||||
| Avg | 176.4B | 183.6B | ||||||
| Low | 166.5B | 170.6B |
Revenue Growth
| Revenue Growth | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 | 2034 |
|---|---|---|---|---|---|---|---|---|
| High | 10.0% | 8.5% | ||||||
| Avg | 7.1% | 4.1% | ||||||
| Low | 1.1% | -3.3% |
EPS Forecast
| EPS | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 | 2034 |
|---|---|---|---|---|---|---|---|---|
| High | 16.15 | 18.11 | ||||||
| Avg | 15.51 | 16.80 | ||||||
| Low | 14.53 | 15.39 |
EPS Growth
| EPS Growth | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 | 2034 |
|---|---|---|---|---|---|---|---|---|
| High | 13.5% | 16.8% | ||||||
| Avg | 9.0% | 8.3% | ||||||
| Low | 2.1% | -0.8% |
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 sources.