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The Home Depot, Inc. (HD) Stock Forecast

Data as of May 2, 2026

Consumer Cyclical · Current price $324.36 (-1.34%)

Consensus Target
$408.08
Upside
+25.8%
Analysts
44
Rating
Buy(2.23)

Price Target Range

Low $320.00Consensus $408.08High $454.00
▲ Current $324.36

Consensus Price Target Over Time

Analyst Rating Distribution

Last 3 Months

Consensus
Buy
Strong Buy0
Buy11
Hold5
Sell0
Strong Sell0

6-Month Trend

Latest Analyst Forecasts

Price targets issued by Wall Street analysts. Upside calculated against today's price.

DateAnalystFirmPrice TargetUpside
Dec 10, 2025Peter KeithPiper Sandler$441.00+36.0%
Dec 10, 2025Jonathan MatuszewskiJefferies$424.00+30.7%
Dec 10, 2025Joseph FeldmanTelsey Advisory$410.00+26.4%
Dec 10, 2025Steven ShemeshRBC Capital$366.00+12.8%
Nov 24, 2025Zhihan MaBernstein$362.00+11.6%
Nov 19, 2025Simeon GutmanMorgan Stanley$395.00+21.8%
Nov 19, 2025Zachary FademWells Fargo$400.00+23.3%
Aug 18, 2025Andrew CarterStifel Nicolaus$432.00+33.2%
May 22, 2025Greg MelichEvercore ISI$400.00+23.3%
May 21, 2025Zhihan MaBernstein$398.00+22.7%
Jan 7, 2025Zhihan MaBernstein$421.00+29.8%
Nov 13, 2024David BellingerMizuho Securities$440.00+35.7%
Nov 13, 2024Greg MelichEvercore ISI$430.00+32.6%
Nov 13, 2024Laura ChampineLoop Capital Markets$465.00+43.4%
Nov 12, 2024Scot CiccarelliTruist Financial$465.00+43.4%
Nov 8, 2024Joseph FeldmanTelsey Advisory$455.00+40.3%
Oct 14, 2024Scot CiccarelliTruist Financial$455.00+40.3%
Oct 11, 2024David BellingerMizuho Securities$435.00+34.1%
Oct 9, 2024Laura ChampineLoop Capital Markets$460.00+41.8%
Oct 2, 2024John PancariEvercore ISI$210.00-35.3%

HD vs Sector & Market

MetricHDConsumer Cyclical AvgLarge Cap Avg
Analyst Rating2.232.522.41
Analyst Count441318
Target Upside+25.8%+417.4%+14.9%
P/E Ratio22.5311.2431.19

Revenue Estimates

PeriodLowAvgHigh#
2027-02-01$169.18B$171.17B$172.18B26
2027-05-01$42.78B$43.53B$44.16B17
2027-08-01$48.59B$49.44B$50.15B11
2027-11-01$43.97B$44.74B$45.38B9
2028-02-01$40.50B$41.22B$41.81B14
2028-05-01$39.90B$40.60B$41.18B8
2028-08-01$40.17B$40.88B$41.46B8
2028-11-01$40.44B$41.15B$41.74B14
2029-02-01$40.71B$41.43B$42.03B9
2030-02-01$189.94B$192.97B$195.59B17
2031-02-01$193.39B$196.48B$199.14B8

EPS Estimates

PeriodLowAvgHigh#
2027-02-01$14.51$15.04$15.2822
2027-05-01$3.63$3.71$3.789
2027-08-01$4.98$5.10$5.199
2027-11-01$4.24$4.34$4.429
2028-02-01$3.14$3.21$3.2710
2028-05-01$4.03$4.12$4.2010
2028-08-01$5.29$5.41$5.5110
2028-11-01$4.40$4.50$4.5810
2029-02-01$3.04$3.11$3.179
2030-02-01$18.78$19.17$19.514
2031-02-01$19.47$19.88$20.235

Frequently Asked Questions

What is the analyst consensus for HD?

The consensus among 44 analysts covering The Home Depot, Inc. (HD) is Buy with an average price target of $408.08.

What is the highest price target for HD?

The highest price target for HD is $470.00, set by Brian Nagel at Oppenheimer on 2021-12-06.

What is the lowest price target for HD?

The lowest price target for HD is $210.00, set by John Pancari at Evercore ISI on 2024-10-02.

How many analysts cover HD?

44 analysts have issued ratings for The Home Depot, Inc. in the past 12 months.

Is HD a buy or sell right now?

Based on 44 analyst ratings, HD has a consensus rating of Buy (2.23/5) with a +25.8% upside to the consensus target of $408.08.

What are the earnings estimates for HD?

Analysts estimate HD will report EPS of $15.04 for the period ending 2027-02-01, with revenue estimated at $171.17B.

Data updated daily. Analyst price targets sourced from public filings and broker reports. Not investment advice.