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The Home Depot, Inc. (HD)
NYSE: HD · Real-Time Price · USD
308.24
+12.73 (4.31%)
At close: Oct 15, 2026, 4:00 PM EDT
308.00
-0.24 (-0.08%)
After-hours: Oct 15, 2026, 7:59 PM EDT

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 $379.75. The average 1-year stock price forecast is 23.20% higher than the current stock price, while the lowest is $310 (+0.57%) and the highest is $425 (+37.88%).

Price Target: $379.75 (+23.20%)
Analyst Consensus: Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price$310$379.75$392.5$425
Change+0.57%+23.20%+27.34%+37.88%

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
RatingMay '26Jun '26Jul '26Aug '26Sep '26Oct '26
Strong Buy181717171718
Buy444444
Hold141515151514
Sell000000
Strong Sell000000
Total363636363636

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Morgan Stanley
Morgan Stanley
Buy
Maintains
$400
BuyMaintains$400+29.77%Oct 14, 2026
Bernstein
Bernstein
Hold
Maintains
$344
HoldMaintains$344+11.60%Oct 14, 2026
Evercore ISI
Evercore ISI
Buy
Maintains
$400
BuyMaintains$400+29.77%Oct 13, 2026
Melius Research
Melius Research
Buy
Initiates
$603 → $397
BuyInitiates$603 → $397+28.80%Oct 6, 2026
RBC Capital
RBC Capital
Hold
Maintains
$342
HoldMaintains$342+10.95%Oct 1, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
171.55B
from 164.68B
Increased by 4.17%
Revenue Next Year
177.33B
from 171.55B
Increased by 3.37%
EPS This Year
15.02
from 14.69
Increased by 2.27%
EPS Next Year
15.99
from 15.02
Increased by 6.43%
Fiscal YearFY 2022FY 2023FY 2024FY 2025FY 2026FY 2027
Period EndingJan 30, 2022Jan 29, 2023Jan 28, 2024Feb 2, 2025Feb 1, 2026Jan 31, 2027
Revenue
151.16B157.40B152.67B159.51B164.68B171.55B
Revenue Growth
14.42%4.13%-3.01%4.48%3.24%4.17%
Gross Profit
50.83B52.78B50.96B53.31B54.87B56.78B
Gross Margin
33.63%33.53%33.38%33.42%33.32%33.10%
Operating Income
23.04B24.04B21.69B21.53B20.89B21.96B
Net Income
16.43B17.11B15.14B14.81B14.16B14.46B
EPS
----14.6915.02
EPS Growth
-----1.48%2.27%
Forward PE
23.0718.8723.4726.4125.1820.52
Dividend / Share
6.857.798.529.059.239.43
Dividend Growth
11.38%13.72%9.37%6.22%1.99%2.21%
Free Cash Flow
----12.65B16.97B
No. Analysts
-----33
EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue202720282029
High172.9B
Avg171.5B
Low170.4B

Revenue Growth

Revenue Growth202720282029
High
5.0%
Avg
4.2%
Low
3.5%

EPS Forecast

EPS202720282029
High15.24
Avg15.02
Low14.85

EPS Growth

EPS Growth202720282029
High
3.7%
Avg
2.3%
Low
1.1%