Home Depot (HD) Stock Forecast & Price Target

$353.62 0.00 (0.00%)

Closing price 04/11/2025 03:59 PM Eastern

Extended Trading

$353.48 -0.14 (-0.04%)

As of 04/11/2025 07:55 PM Eastern

Home Depot - Analysts' Recommendations and Stock Price Forecast (2025)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Moderate Buy

Based on 30 Analyst Ratings

Sell
0

Hold
9

Buy
21

Based on 30 Wall Street analysts who have issued ratings for Home Depot in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 30 analysts, 9 have given a hold rating, 20 have given a buy rating, and 1 has given a strong buy rating for HD.

Consensus Price Target

$434.08
22.75% Upside

According to the 30 analysts' twelve-month price targets for Home Depot, the average price target is $434.08. The highest price target for HD is $475.00, while the lowest price target for HD is $391.00. The average price target represents a forecasted upside of 22.75% from the current price of $353.62.

Get the Latest News and Ratings for HD and Related Stocks

Enter your email address to receive the latest news and analysts' ratings for Home Depot and its competitors.

HD Analyst Ratings Over Time

Type	Current Forecast 4/13/24 to 4/13/25	1 Month Ago 3/14/24 to 3/14/25	3 Months Ago 1/14/24 to 1/13/25	1 Year Ago 4/14/23 to 4/13/24
Strong Buy	1 Strong Buy rating(s)	1 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	20 Buy rating(s)	22 Buy rating(s)	23 Buy rating(s)	18 Buy rating(s)
Hold	9 Hold rating(s)	8 Hold rating(s)	6 Hold rating(s)	7 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	1 Sell rating(s)	1 Sell rating(s)
Consensus Price Target	$434.08	$436.50	$426.00	$376.35
Forecasted Upside	22.75% Upside	24.30% Upside	9.33% Upside	9.76% Upside
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy	Moderate Buy

Remove Ads

HD Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

HD Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Home Depot Stock vs. The Competition

Type	Home Depot	Retail/Wholesale Companies	S&P 500
Consensus Rating Score	2.73	2.55	2.54
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy
Predicted Upside	22.75% Upside	67.30% Upside	27.84% Upside
News Sentiment Rating	Positive News See Recent HD News	Positive News	Positive News

Remove Ads

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
4/8/2025	Truist Financial 2 of 5 stars	Scot Ciccarelli Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Buy ➝ Buy	$437.00 ➝ $391.00	+10.78%
4/4/2025	Gordon Haskett 3 of 5 stars	C. Grom Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Buy ➝ Hold
3/24/2025	Piper Sandler 2 of 5 stars	Peter Keith Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Overweight ➝ Overweight	$435.00 ➝ $418.00	+18.71%
3/3/2025	KGI Securities Subscribe to MarketBeat All Access for the recommendation accuracy rating	J. Liang Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Strong-Buy
2/26/2025	Hsbc Global Res Subscribe to MarketBeat All Access for the recommendation accuracy rating	D. Bretthauer Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Moderate Sell ➝ Hold
2/26/2025	Robert W. Baird Subscribe to MarketBeat All Access for the recommendation accuracy rating	Peter Benedict Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Outperform ➝ Outperform	$440.00 ➝ $430.00	+9.72%
2/26/2025	Royal Bank of Canada Subscribe to MarketBeat All Access for the recommendation accuracy rating	Steven Shemesh Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Sector Perform ➝ Sector Perform	$431.00 ➝ $424.00	+7.12%
2/26/2025	Guggenheim Subscribe to MarketBeat All Access for the recommendation accuracy rating	Steven Forbes Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Buy ➝ Buy	$450.00 ➝ $450.00	+13.26%
2/26/2025	Wedbush Subscribe to MarketBeat All Access for the recommendation accuracy rating	Seth Basham Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Outperform ➝ Outperform	$440.00 ➝ $440.00	+10.89%
2/26/2025	Telsey Advisory Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	J. Feldman Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Outperform ➝ Outperform	$455.00 ➝ $455.00	+15.62%
Get the Latest News and Ratings for HD and Related Stocks Enter your email address below to receive the latest news and analysts' ratings for Home Depot and its competitors with MarketBeat's FREE daily newsletter.
2/26/2025	HSBC Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Reduce ➝ Hold	$356.00 ➝ $410.00	+4.19%
2/13/2025	Wells Fargo & Company Subscribe to MarketBeat All Access for the recommendation accuracy rating	Zachary Fadem Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Overweight ➝ Overweight	$440.00 ➝ $450.00	+10.01%
2/10/2025	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating	Christopher Horvers Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Overweight ➝ Overweight	$450.00 ➝ $475.00	+16.60%
11/13/2024	Evercore ISI Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Outperform ➝ Outperform	$420.00 ➝ $430.00	+4.75%
11/13/2024	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$425.00 ➝ $450.00	+11.62%
11/13/2024	Mizuho Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Outperform ➝ Outperform	$435.00 ➝ $440.00	+9.14%
11/11/2024	Stifel Nicolaus Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Hold ➝ Hold	$375.00 ➝ $400.00	-2.71%
11/5/2024	Barclays Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Overweight ➝ Overweight	$372.00 ➝ $420.00	+6.18%
10/28/2024	TD Cowen Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$440.00 ➝ $460.00	+14.93%
10/25/2024	DA Davidson Subscribe to MarketBeat All Access for the recommendation accuracy rating	M. Baker Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Buy ➝ Buy	$430.00 ➝ $466.00	+16.35%
10/22/2024	Sanford C. Bernstein Subscribe to MarketBeat All Access for the recommendation accuracy rating	Z. Ma Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Market Perform	$451.00	+10.94%
10/21/2024	Morgan Stanley Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Overweight ➝ Overweight	$380.00 ➝ $450.00	+10.88%
10/9/2024	Loop Capital Subscribe to MarketBeat All Access for the recommendation accuracy rating	L. Champine Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Hold ➝ Buy	$360.00 ➝ $460.00	+11.05%
9/24/2024	Oppenheimer Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Market Perform ➝ Market Perform	$345.00 ➝ $400.00	+2.05%
9/23/2024	Melius Research Subscribe to MarketBeat All Access for the recommendation accuracy rating	K. Short Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Buy	$420.00	+7.42%
8/15/2024	Daiwa America Subscribe to MarketBeat All Access for the recommendation accuracy rating	K. Tamada Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Hold
8/14/2024	UBS Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$400.00 ➝ $425.00	+21.40%
7/16/2024	Jefferies Financial Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Buy	$426.00	+15.41%
5/15/2024	Raymond James Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Market Perform ➝ Market Perform
5/7/2024	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Buy ➝ Buy	$415.00 ➝ $395.00	+15.86%
4/2/2024	Zelman & Associates Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Neutral ➝ Outperform
2/13/2024	The Goldman Sachs Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$347.00 ➝ $393.00	+9.68%
7/26/2023	Argus Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Buy	$400.00 ➝ $350.00	+6.44%
5/17/2023	Credit Suisse Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target		$320.00 ➝ $310.00	+9.80%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Sunday at 04:05 AM ET.

Should I Buy Home Depot Stock? HD Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Tuesday, April 8, 2025. Please send any questions or comments about these Home Depot pros and cons to contact@marketbeat.com.

Home Depot
Bull Case

Here are some ways that investors could benefit from investing in Home Depot:

Home Depot recently reported earnings per share (EPS) of $3.13, exceeding expectations of $3.04, indicating strong financial performance and effective cost management.
The company has a solid revenue growth of 14.1% year-over-year, with quarterly revenue reaching $39.70 billion, showcasing its ability to attract customers and increase sales.
Home Depot's current stock price is $350.67, which reflects a potential upside of 11.50% based on recent price target adjustments, making it an attractive investment opportunity.
The firm has a strong dividend yield of 2.70%, with a recent increase in its quarterly dividend to $2.30, providing investors with a reliable income stream.
Analysts have a consensus rating of "Moderate Buy" for Home Depot, with a target price averaging around $434.08, suggesting positive market sentiment and growth potential.

Home Depot
Bear Case

Investors should be bearish about investing in Home Depot for these reasons:

Truist Financial recently cut its price target for Home Depot from $437.00 to $391.00, indicating a more cautious outlook on the stock's future performance.
The company has a high debt-to-equity ratio of 8.65, which may raise concerns about its financial leverage and ability to manage debt effectively.
Despite strong revenue growth, the stock has experienced volatility, with a 52-week range between $323.77 and $439.37, which may deter risk-averse investors.
Home Depot's quick ratio of 0.31 suggests potential liquidity issues, as it indicates that the company may struggle to meet short-term obligations without selling inventory.
With ten analysts rating the stock as a hold, there may be a lack of strong bullish sentiment, which could limit upward price movement in the near term.

HD Forecast - Frequently Asked Questions

: According to the research reports of 30 Wall Street equities research analysts, the average twelve-month stock price forecast for Home Depot is $434.08, with a high forecast of $475.00 and a low forecast of $391.00.
: 30 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Home Depot in the last year. There are currently 9 hold ratings, 20 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" HD shares.
: According to analysts, Home Depot's stock has a predicted upside of 22.75% based on their 12-month stock forecasts.
: Over the previous 90 days, Home Depot's stock had 3 upgrades and 1 downgrade by analysts.
: Home Depot has been rated by research analysts at Gordon Haskett, Guggenheim, Hsbc Global Res, HSBC, JPMorgan Chase & Co., KGI Securities, Piper Sandler, Robert W. Baird, Royal Bank of Canada, Telsey Advisory Group, Truist Financial, Wedbush, and Wells Fargo & Company in the past 90 days.
: Analysts like Home Depot more than other "retail/wholesale" companies. The consensus rating score for Home Depot is 2.73 while the average consensus rating score for "retail/wholesale" companies is 2.55. Learn more on how HD compares to other companies.

Stock Forecasts and Research Tools

Related Companies

Today's Ratings

Top-Rated Stocks

More Ratings Tools

This page (NYSE:HD) was last updated on 4/13/2025 by MarketBeat.com Staff

From Our Partners

Get 30 Days of MarketBeat All Access for Free

Start Your 30-Day Trial

In-depth profiles and analysis for 20,000 public companies.
Real-time analyst ratings, insider transactions, earnings data, and more.
Our daily ratings and market update email newsletter.

Sign In
Create Account

Your Email Address:

Your Password:

Forgot your password?

Your Email Address:

Choose a Password:

By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Home Depot (HD) Stock Forecast & Price Target