The Home Depot Inc (HD) Stock Forecast & Price Target
The Home Depot Inc · NYSE
$310.63-3.08 (-0.98%)
15-min delayed · Sep 9, 3:45 PM ET · Get real-time quotes →
The Quantellect read.Of the 25 firms covering The Home Depot Inc, 18 rate it Buy or better, 7 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 $384.65 sits 24% above the current $310.63. The rating mix has stayed broadly stable, with Buy-side ratings edging up from 17 to 18 over recent months. On the fundamentals, the Street sees consensus EPS building from about $2.83 next quarter toward $16.04 the year after.Descriptive synthesis of third-party analyst data, not a Quantellect rating or recommendation.
ANALYST CONSENSUS25 ratings
Moderate Buy
Strong Buy00%
Buy1872%
Hold728%
Sell00%
Strong Sell00%
Based on 25 analysts giving stock ratings to The Home Depot Inc.
As of Sep, 18 of 25 firms rate HD a Buy (7 Hold, 0 Sell), the standing distribution of every covering firm's most recent active call.
HD EPS & revenue forecast
EPS · NEXT QUARTER
$2.83
Range $2.73 – $2.94 · 30 analysts · +4% YoY
Next period, 30 analysts expect The Home Depot Inc to earn $2.83 a share (range $2.73 – $2.94), versus $2.72 a year earlier. Full-year consensus is $15.02, growing to $16.04 the year after.
REVENUE · NEXT QUARTER
$39.2B
Range $38.7B – $39.6B · 30 analysts · +3% YoY
Revenue is expected to reach $39.2B (range $38.7B – $39.6B), +2.6% year-over-year. Full-year consensus is $171.5B, rising to $177.5B 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
Brian McNamara
Canaccord Genuity · Rank #65
Buy
No targeton HD
Overall win rate
39%
+ Follow
#2
Peter Keith
Piper Sandler · Rank #144
Buy
$378.00+21.7% to target
Overall win rate
42%
+ Follow
#3
Michael Baker
DA Davidson · Rank #295
Buy
$377.00+21.4% to target
Overall win rate
32%
+ Follow
#4
Steven Shemesh
RBC Capital
Hold
$342.00+10.1% to target
Coverage
—
+ Follow
#5
Zachary Fadem
Wells Fargo
Buy
$400.00+28.8% to target
Coverage
—
+ Follow
HD stock forecast FAQ
What is HD's average 12-month price target?+
The 19 analysts with a live target average $384.65 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 25 analyst ratings, 18 are Buy or Strong Buy, 7 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 19 active targets is $384.65.
How many Wall Street analysts cover HD?+
25 analysts have an active rating on The Home Depot Inc, and 19 firms carry a live 12-month price target.
Who is the most accurate analyst covering HD?+
Among analysts who currently cover HD, Brian McNamara of Canaccord Genuity has the strongest overall Quantellect track record (Rank #65). Their current call is Buy.
What is The Home Depot Inc's projected EPS for next quarter?+
The consensus estimate is $2.83 per share (range $2.73 – $2.94) across 30 analysts. Full-year EPS is projected at $15.02, rising to $16.04 the following year.
How much revenue is The Home Depot Inc expected to report next quarter?+
Consensus revenue is $39.2B (range $38.7B – $39.6B). Full-year revenue is projected at $171.5B, growing to $177.5B next year.
Have analysts been upgrading or downgrading HD lately?+
As of Sep, 18 of 25 firms rate HD a Buy (7 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.
