The Home Depot Inc (HD) Stock Forecast & Price Target
The Home Depot Inc · NYSE
$344.73+8.64 (+2.57%)
15-min delayed · Jul 28, 3:45 PM ET · Get real-time quotes →
The Quantellect read.Of the 23 firms covering The Home Depot Inc, 17 rate it Buy or better, 6 sit at Hold, and 0 rate it Sell or worse, a moderate buy consensus. Targets span $310.00 to $497.00, a moderate spread. The average target of $380.63 sits 10% above the current $344.73. The rating mix has stayed broadly stable, with Buy-side ratings easing from 19 to 17 over recent months. On the fundamentals, the Street sees consensus EPS building from about $3.96 next quarter toward $16.09 the year after.Descriptive synthesis of third-party analyst data, not a Quantellect rating or recommendation.
ANALYST CONSENSUS23 ratings
Moderate Buy
Strong Buy00%
Buy1774%
Hold626%
Sell00%
Strong Sell00%
Based on 23 analysts giving stock ratings to The Home Depot Inc.
As of Jul, 17 of 23 firms rate HD a Buy (6 Hold, 0 Sell), the standing distribution of every covering firm's most recent active call.
HD EPS & revenue forecast
EPS · NEXT QUARTER
$3.96
Range $3.78 – $4.06 · 30 analysts · +6% YoY
Next period, 30 analysts expect The Home Depot Inc to earn $3.96 a share (range $3.78 – $4.06), versus $3.74 a year earlier. Full-year consensus is $14.96, growing to $16.09 the year after.
REVENUE · NEXT QUARTER
$42.8B
Range $42.2B – $43.7B · 30 analysts · +3% YoY
Revenue is expected to reach $42.8B (range $42.2B – $43.7B), +3.4% year-over-year. Full-year consensus is $171.0B, rising to $177.4B next year.
Top analysts covering The Home Depot Inc
Ranked by each analyst's overall Quantellect track record across all the stocks they cover, shown with their current call on HD.
#1
Peter Keith
Piper Sandler
Buy
$378.00+9.7% to target
Coverage
—
+ Follow
#2
Zachary Fadem
Wells Fargo
Buy
$360.00+4.4% to target
Coverage
—
+ Follow
#3
Steven Shemesh
RBC Capital
Hold
$340.00-1.4% to target
Coverage
—
+ Follow
#4
Steven Zaccone
Citigroup
Buy
$400.00+16.0% to target
Coverage
—
+ Follow
#5
Michael Lasser
UBS
Buy
$430.00+24.7% to target
Coverage
—
+ Follow
HD stock forecast FAQ
What is HD's average 12-month price target?+
The 18 analysts with a live target average $380.63 for The Home Depot Inc over the next 12 months, ranging from a $497.00 high to a $310.00 low.
Is HD stock a Buy, Sell or Hold right now?+
The current consensus is Moderate Buy. Of the 23 analyst ratings, 17 are Buy or Strong Buy, 6 are Hold, and 0 are Sell or Strong Sell.
What are the highest and lowest price targets for HD?+
The Street-high target is $497.00, and the Street-low is $310.00 (Oppenheimer). The average of all 18 active targets is $380.63.
How many Wall Street analysts cover HD?+
23 analysts have an active rating on The Home Depot Inc, and 18 firms carry a live 12-month price target.
Who is the most accurate analyst covering HD?+
Among analysts who currently cover HD, Peter Keith of Piper Sandler has the strongest overall Quantellect track record. Their current call is Buy with a $378.00 target.
What is The Home Depot Inc's projected EPS for next quarter?+
The consensus estimate is $3.96 per share (range $3.78 – $4.06) across 30 analysts. Full-year EPS is projected at $14.96, rising to $16.09 the following year.
How much revenue is The Home Depot Inc expected to report next quarter?+
Consensus revenue is $42.8B (range $42.2B – $43.7B). Full-year revenue is projected at $171.0B, growing to $177.4B next year.
Have analysts been upgrading or downgrading HD lately?+
As of Jul, 17 of 23 firms rate HD a Buy (6 Hold, 0 Sell), the standing distribution of every covering firm's most recent active call.
How are the analysts on this page ranked?+
By each analyst's overall Quantellect track record — a sample-adjusted measure of how accurate their calls have been across every stock they cover. We do not rank on their HD calls alone, since a single stock is too small a sample to be reliable.
Which data on this page is live, and how often does it update?+
Price and daily change are 15-minute delayed market data. Analyst ratings, targets, consensus and earnings estimates are aggregated from multiple data providers and refresh daily.
Disclaimer: Ratings, price targets, consensus and earnings estimates on this page describe third-party analyst research aggregated from multiple data providers and refreshed daily; price and daily change are 15-minute delayed. These are historical opinions, not recommendations, and nothing on this page, including The Quantellect read, is a rating, a price target, or investment advice from Quantellect. Always do your own research and consult a licensed financial advisor before making investment decisions.
