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HD
(NYSE)
The Home Depot, Inc.
$324.71-- (--)
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The Home Depot, Inc. (HD) Analyst Forecast

Analyst consensus ratings, 12-month price targets, and expert recommendations for The Home Depot, Inc. stock.

Analyst Consensus Rating

Investment consensus from 27 professional research analysts

Consensus Rating

Buy
Based on 27 unique analysts
(31 total ratings in last 90 days)
Very High Confidence20.0:1 Buy/Sell

Average Price Target

$379.72
↑ 16.94% Upside

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Strong Sell
Sell
Hold
Buy
Strong Buy

Latest HD Analyst Ratings & Recommendations

Recent analyst recommendations with rating changes and price target updates (last 90 days)

Thamb19
StockTwits
BuyInitiates Coverage
-
Robert Izquierdo
The Motley Fool
BuyInitiates Coverage
-
Zacks Equity Research
Zacks Equity Research
SellInitiates Coverage
-
Zhihan Ma
Bernstein
HoldMaintains
-
Spencer Hanus
Wolfe Research
HoldDowngrades
-
Brian McNamara
Canaccord Genuity
BuyMaintains
-
Christopher Horvers
JP Morgan
BuyMaintains
-
Scot Ciccarelli
Truist
BuyMaintains
-
Steven Zaccone
Citi
BuyMaintains
$400.00
Joe Feldman
Telsey Advisory
BuyMaintains
$435.00 → $410.00
Steven Forbes
Guggenheim
BuyReiterates
$425.00
Peter Keith
Piper Sandler
BuyMaintains
$421.00 → $378.00
Max Rakhlenko
TD Cowen
BuyMaintains
$450.00 → $375.00
Kate McShane
Goldman Sachs
BuyMaintains
$409.00 → $390.00
Seth Sigman
Barclays
BuyMaintains
$420.00
Michael Lasser
UBS
BuyMaintains
$450.00 → $430.00
Zachary Fadem
Wells Fargo
BuyInitiates Coverage
$375.00 → $360.00
Peter Benedict
Baird
BuyMaintains
$430.00 → $380.00
Bobby Griffin
Raymond James
HoldReiterates
-
Simeon Gutman
Morgan Stanley
BuyMaintains
$420.00 → $400.00
Steven Forbes
Guggenheim
BuyReiterates
$425.00
David Bellinger
Mizuho
BuyInitiates Coverage
$415.00 → $385.00
Jonathan Matuszewski
Jefferies
BuyReiterates
$454.00 → $361.00
Kate McShane
Goldman Sachs
BuyMaintains
$409.00 → $390.00
Christopher Nardone
BofA Securities
BuyReiterates
$374.00
Michael Baker
DA Davidson
BuyReiterates
$445.00 → $377.00
Spencer Hanus
Wolfe Research
BuyInitiates Coverage
$416.00 → $365.00
Steven Shemesh
RBC Capital
HoldMaintains
$377.00 → $340.00
W. Andrew Carter
Stifel Nicolaus
HoldInitiates Coverage
$375.00 → $320.00
Brian Nagel
Oppenheimer
HoldMaintains
$405.00 → $310.00
Zhihan Ma
Bernstein
HoldInitiates Coverage
$390.00 → $365.00

Frequently Asked Questions

What is the analyst consensus rating for HD?

The analyst consensus rating for HD is "Buy" based on 27 analyst recommendations.

What is the average price target for HD?

The average 12-month price target for HD is $379.72, representing an upside of 16.9% from the current price of $324.71.

What do analyst ratings mean?

Analyst ratings indicate investment recommendations: Strong Buy and Buy are bullish signals suggesting the stock may outperform. Hold means the stock is fairly valued. Sell and Strong Sell are bearish signals suggesting potential underperformance. These ratings are based on fundamental analysis and valuation models.

What is a price target?

A price target is an analyst's projection of a stock's fair value over a specific timeframe, typically 12 months. Analysts use fundamental analysis, financial modeling, and industry comparisons to estimate where the stock should trade. Price targets can range from low (conservative) to high (optimistic) estimates.