The Home Depot, Inc. (HD)
NYSE: HD · Real-Time Price · USD
368.74
+5.24 (1.44%)
At close: Jun 27, 2025, 4:00 PM
367.50
-1.24 (-0.34%)
After-hours: Jun 27, 2025, 7:58 PM EDT

The Home Depot Stock Forecast

Stock Price Forecast

According to 24 professional analysts, the 12-month price target for The Home Depot stock ranges from a low of $398 to a high of $470. The average analyst price target of $431.13 forecasts a 16.92% increase in the stock price over the next year.

Price Target: $431.13 (+16.92%)
Analyst Consensus: Strong Buy
Target Low Average Median High
Price $398 $431.13 $425 $470
Change +7.94% +16.92% +15.26% +27.46%

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 Jan '25Feb '25Mar '25Apr '25May '25Jun '25
Strong Buy 111010101010
Buy 101010101010
Hold 655544
Sell 111100
Strong Sell 000000
Total 282626262424

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Telsey Advisory Group
Telsey Advisory Group
Buy
Maintains
$455
Buy Maintains $455 +23.39% Jun 20, 2025
JP Morgan
JP Morgan
Buy
Maintains
$410$418
Buy Maintains $410$418 +13.36% May 21, 2025
Stifel
Stifel
Strong Buy
Upgrades
$405$425
Strong Buy Upgrades $405$425 +15.26% May 21, 2025
Mizuho
Mizuho
Buy
Maintains
$450$435
Buy Maintains $450$435 +17.97% May 21, 2025
Truist Securities
Truist Securities
Strong Buy
Maintains
$393$417
Strong Buy Maintains $393$417 +13.09% May 21, 2025
More Analyst Ratings

Financial Forecast

Revenue This Year
169.39B
from 159.51B
Increased by 6.19%
Revenue Next Year
176.42B
from 169.39B
Increased by 4.15%
EPS This Year
15.47
from 14.91
Increased by 3.73%
EPS Next Year
16.81
from 15.47
Increased by 8.71%
Fiscal Year FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026 FY 2027 FY 2030
Period Ending Jan 31, 2021 Jan 30, 2022 Jan 29, 2023 Jan 28, 2024 Feb 2, 2025 Feb 2, 2026 Feb 2, 2027 Jan 31, 2030
Revenue
132.11B151.16B157.40B152.67B159.51B169.39B176.42B198.42B
Revenue Growth
19.86%14.42%4.13%-3.01%4.48%6.19%4.15%12.47%
EPS
11.9415.5316.6915.1114.9115.4716.8120.60
EPS Growth
16.49%30.07%7.47%-9.47%-1.32%3.73%8.71%22.52%
Forward PE
-----23.8421.9317.90
No. Analysts
-----42424
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202620272030
High 176.6B 184.0B 202.3B
Avg 169.4B 176.4B 198.4B
Low 160.0B 164.3B 188.8B

Revenue Growth

Revenue Growth 202620272030
High
10.7%
8.6%
14.7%
Avg
6.2%
4.2%
12.5%
Low
0.3%
-3.0%
7.0%

EPS Forecast

EPS 202620272030
High 16.15 17.69 21.00
Avg 15.47 16.81 20.60
Low 14.60 15.35 19.60

EPS Growth

EPS Growth 202620272030
High
8.3%
14.4%
24.9%
Avg
3.7%
8.7%
22.5%
Low
-2.1%
-0.8%
16.6%
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.