The Home Depot, Inc. (HD)
NYSE: HD · Real-Time Price · USD
410.09
+2.64 (0.65%)
At close: Sep 26, 2025, 4:00 PM EDT
410.57
+0.48 (0.12%)
After-hours: Sep 26, 2025, 7:59 PM EDT

The Home Depot Stock Forecast

Stock Price Forecast

According to 22 professional analysts, the 12-month price target for The Home Depot stock ranges from a low of $398 to a high of $497. The average analyst price target of $442.09 forecasts a 7.80% increase in the stock price over the next year.

Price Target: $442.09 (+7.80%)
Analyst Consensus: Strong Buy
Target Low Average Median High
Price $398 $442.09 $450 $497
Change -2.95% +7.80% +9.73% +21.19%

Analyst Ratings

The average analyst rating for The Home Depot stock is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

Rating Apr '25May '25Jun '25Jul '25Aug '25Sep '25
Strong Buy 1010101098
Buy 101010101011
Hold 644443
Sell 100000
Strong Sell 000000
Total 272424242322

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Wolfe Research
Wolfe Research
Buy
Initiates
$497
Buy Initiates $497 +21.19% Sep 18, 2025
Wells Fargo
Wells Fargo
Buy
Maintains
$420$450
Buy Maintains $420$450 +9.73% Aug 20, 2025
Mizuho
Mizuho
Buy
Maintains
$435$450
Buy Maintains $435$450 +9.73% Aug 20, 2025
Morgan Stanley
Morgan Stanley
Buy
Maintains
$415$430
Buy Maintains $415$430 +4.86% Aug 20, 2025
JP Morgan
JP Morgan
Buy
Maintains
$460$452
Buy Maintains $460$452 +10.22% Aug 20, 2025
More Analyst Ratings

Financial Forecast

Revenue This Year
168.90B
from 159.51B
Increased by 5.89%
Revenue Next Year
176.69B
from 168.90B
Increased by 4.61%
EPS This Year
15.47
from 14.91
Increased by 3.78%
EPS Next Year
16.81
from 15.47
Increased by 8.60%
Fiscal Year FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026 FY 2027
Period Ending Jan 31, 2021 Jan 30, 2022 Jan 29, 2023 Jan 28, 2024 Feb 2, 2025 Feb 2, 2026 Feb 2, 2027
Revenue
132.11B151.16B157.40B152.67B159.51B168.90B176.69B
Revenue Growth
19.86%14.42%4.13%-3.01%4.48%5.89%4.61%
EPS
11.9415.5316.6915.1114.9115.4716.81
EPS Growth
16.49%30.07%7.47%-9.47%-1.32%3.78%8.60%
Forward PE
-----26.5024.40
No. Analysts
-----4241
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20262027202820292030
High 174.6B 188.0B
Avg 168.9B 176.7B
Low 152.8B 164.5B

Revenue Growth

Revenue Growth 20262027202820292030
High
9.5%
11.3%
Avg
5.9%
4.6%
Low
-4.2%
-2.6%

EPS Forecast

EPS 20262027202820292030
High 16.07 17.67
Avg 15.47 16.81
Low 14.65 15.14

EPS Growth

EPS Growth 20262027202820292030
High
7.7%
14.2%
Avg
3.8%
8.6%
Low
-1.7%
-2.2%
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.