Home Depot (HD) Stock Forecast, Price Target & Predictions


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HD Stock Forecast


Home Depot (HD) stock forecast, based on 62 Wall Street analysts, predicts a 12-month average price target of $408.08, with a high of $454.00 and a low of $320.00. This represents a 26.88% increase from the last price of $321.63.

$300 $340 $380 $420 $460 $500 High: $454 Avg: $408.08 Low: $320 Last Closed Price: $321.63

HD Stock Rating


Home Depot stock's rating consensus is Buy, based on 62 Wall Street analysts. The breakdown includes 1 Strong Buy (1.61%), 37 Buy (59.68%), 20 Hold (32.26%), 4 Sell (6.45%), and 0 Strong Sell (0.00%).

Buy
Total 62 4 20 37 1 Strong Sell Sell Hold Buy Strong Buy

HD Price Target Upside V Benchmarks


TypeNameUpside
StockHome Depot26.88%
SectorConsumer Cyclical Stocks 12.30%
IndustryHome Improvement Stocks 28.20%

Price Target Trends


1M3M12M
# Anlaysts-829
Avg Price Target-$422.25$411.45
Last Closing Price$321.63$321.63$321.63
Upside/Downside-31.28%27.93%
Ratings Trends

DateStrong BuyBuyHoldSellStrong SellTotal
Apr, 2641815--37
Mar, 2641814-137
Feb, 2641814-137
Jan, 2641914--37
Dec, 2541914--37
Analyst Price Target Forecasts

DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Feb 25, 2026Telsey Advisory$435.00$374.5416.14%35.25%
Feb 24, 2026D.A. Davidson$445.00$384.5615.72%38.36%
Feb 24, 2026Jefferies$454.00$384.4818.08%41.16%
Feb 24, 2026Truist Financial$424.00$384.5610.26%31.83%
Feb 23, 2026Piper Sandler$422.00$382.2510.40%31.21%
Feb 18, 2026Bernstein$381.00$383.04-0.53%18.46%
Jan 16, 2026Truist Financial$405.00$379.166.82%25.92%
Jan 15, 2026Morgan Stanley$412.00$375.959.59%28.10%
Dec 17, 2025Truist Financial$390.00$355.869.59%21.26%
Dec 10, 2025D.A. Davidson$407.00$346.8017.36%26.54%
Analyst Rating Forecasts

DateCompanyPrevious RatingNew RatingRating Change
Mar 24, 2026UBSOutperformOutperformhold
Mar 12, 2026Cowen & Co.BuyBuyhold
Feb 25, 2026Telsey AdvisoryOutperformOutperformhold
Feb 25, 2026KeyBancSector WeightSector Weighthold
Feb 24, 2026JefferiesBuyBuyhold
Feb 19, 2026RBC CapitalSector PerformSector Performhold
Feb 18, 2026BernsteinMarket PerformMarket Performhold
Feb 12, 2026CitigroupBuyBuyhold
Jan 20, 2026Cowen & Co.BuyBuyhold
Jan 15, 2026Morgan StanleyOverweightOverweighthold

Financial Forecast


EPS Forecast

$14 $16 $18 $20 $22 $24 $25 Jan 22 Jan 23 Jan 24 Jan 25 Jan 26 Jan 27 Jan 28 Jan 29
Jan 22Jan 23Jan 24Jan 25Jan 26Jan 27Jan 28Jan 29
Reported$15.59$16.74$15.16$14.96$14.27---
Avg Forecast$15.49$16.66$15.06$15.08$15.65$17.09$19.06$23.26
High Forecast$15.74$17.21$15.29$15.19$16.01$18.74$19.69$24.03
Low Forecast$15.00$16.04$14.93$14.96$14.92$15.75$18.35$22.40
Surprise %0.65%0.48%0.66%-0.80%-8.82%---

Revenue Forecast

$145B $156B $167B $178B $189B $200B Jan 22 Jan 23 Jan 24 Jan 25 Jan 26 Jan 27 Jan 28 Jan 29
Jan 22Jan 23Jan 24Jan 25Jan 26Jan 27Jan 28Jan 29
Reported$151.16B$157.40B$152.67B$159.51B$164.68B---
Avg Forecast$150.03B$157.43B$152.48B$158.55B$163.76B$171.20B$181.69B$194.98B
High Forecast$151.94B$158.71B$153.11B$158.81B$164.91B$175.91B$186.32B$199.95B
Low Forecast$146.37B$156.15B$152.12B$158.37B$160.93B$166.49B$176.52B$189.43B
Surprise %0.75%-0.02%0.12%0.61%0.56%---

Net Income Forecast

$10B $13B $16B $19B $22B $25B Jan 22 Jan 23 Jan 24 Jan 25 Jan 26 Jan 27 Jan 28 Jan 29
Jan 22Jan 23Jan 24Jan 25Jan 26Jan 27Jan 28Jan 29
Reported$16.43B$17.11B$15.14B$14.81B$14.16B---
Avg Forecast$15.52B$16.23B$15.11B$14.79B$15.46B$16.66B$19.10B$23.31B
High Forecast$15.77B$17.25B$18.13B$14.88B$16.04B$18.78B$19.73B$24.08B
Low Forecast$15.03B$16.08B$12.09B$14.70B$14.95B$15.78B$18.39B$22.44B
Surprise %5.90%5.37%0.22%0.09%-8.41%---

HD Forecast FAQ


Is Home Depot stock a buy?

Home Depot stock has a consensus rating of Buy, based on 62 Wall Street analysts. The rating breakdown includes 1 Strong Buy, 37 Buy, 20 Hold, 4 Sell, and 0 Strong Sell, reflecting a consensus that Home Depot is a favorable investment for most analysts.

What is Home Depot's price target?

Home Depot's price target, set by 62 Wall Street analysts, averages $408.08 over the next 12 months. The price target range spans from $320 at the low end to $454 at the high end, suggesting a potential 26.88% change from the previous closing price of $321.63.

How does Home Depot stock forecast compare to its benchmarks?

Home Depot's stock forecast shows a 26.88% upside, outperforming the average forecast for the consumer cyclical stocks sector (12.30%) and underperforming the home improvement stocks industry (28.20%).

What is the breakdown of analyst ratings for Home Depot over the past three months?

  • April 2026: 10.81% Strong Buy, 48.65% Buy, 40.54% Hold, 0% Sell, 0% Strong Sell.
  • March 2026: 10.81% Strong Buy, 48.65% Buy, 37.84% Hold, 0% Sell, 2.70% Strong Sell.
  • February 2026: 10.81% Strong Buy, 48.65% Buy, 37.84% Hold, 0% Sell, 2.70% Strong Sell.

What is Home Depot’s EPS forecast?

Home Depot's average annual EPS forecast for its fiscal year ending in January 2027 is $17.09, marking a 19.76% increase from the reported $14.27 in 2026. Estimates for the following years are $19.06 in 2028, and $23.26 in 2029.

What is Home Depot’s revenue forecast?

Home Depot's average annual revenue forecast for its fiscal year ending in January 2027 is $171.2B, reflecting a 3.96% increase from the reported $164.68B in 2026. The forecast for 2028 is $181.69B, and $194.98B for 2029.

What is Home Depot’s net income forecast?

Home Depot's net income forecast for the fiscal year ending in January 2027 stands at $16.66B, representing an 17.67% increase from the reported $14.16B in 2026. Projections indicate $19.1B in 2028, and $23.31B in 2029.