The Home Depot Stock Forecast

Stock Price Forecast

The 23 analysts with 12-month price forecasts for The Home Depot stock have an average target of 423, with a low estimate of 348 and a high estimate of 497. The average target predicts an increase of 28.55% from the current stock price of 329.06.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$348	$423	$425	$497
Change	+5.76%	+28.55%	+29.16%	+51.04%

* Price targets were last updated on Mar 25, 2026.

Analyst Ratings

The average analyst rating for The Home Depot stock from 23 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Nov '25	Dec '25	Jan '26	Feb '26	Mar '26	Apr '26
Strong Buy	9	9	9	10	9	9
Buy	10	10	10	10	9	9
Hold	3	4	4	4	5	5
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	22	23	23	24	23	23

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Joseph Feldman Telsey Advisory Group	Telsey Advisory Group	Buy Maintains $435	Buy	Maintains	$435	+32.19%	Mar 25, 2026
Chris Bottiglieri BNP Paribas	BNP Paribas	Hold Maintains $391 → $348	Hold	Maintains	$391 → $348	+5.76%	Mar 24, 2026
Michael Lasser UBS	UBS	Strong Buy Maintains $430 → $450	Strong Buy	Maintains	$430 → $450	+36.75%	Feb 25, 2026
Zhihan Ma Bernstein	Bernstein	Hold Maintains $381 → $390	Hold	Maintains	$381 → $390	+18.52%	Feb 25, 2026
Steven Shemesh RBC Capital	RBC Capital	Hold Maintains $363 → $377	Hold	Maintains	$363 → $377	+14.57%	Feb 25, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

176.43B

from 164.68B

7.13%

from 164.68B

Revenue Next Year

183.64B

from 176.43B

4.09%

from 176.43B

EPS This Year

15.52

from 14.23

9.04%

from 14.23

EPS Next Year

16.80

from 15.52

8.28%

from 15.52

Fiscal Year	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027	FY 2028
Period Ending	Jan 30, 2022	Jan 29, 2023	Jan 28, 2024	Feb 2, 2025	Feb 1, 2026	Feb 1, 2027	Feb 1, 2028
Revenue	151.16B	157.40B	152.67B	159.51B	164.68B	176.43B	183.64B
Revenue Growth	14.42%	4.13%	-3.01%	4.48%	3.24%	7.13%	4.09%
EPS	15.53	16.69	15.11	14.91	14.23	15.52	16.80
EPS Growth	30.07%	7.47%	-9.47%	-1.32%	-4.56%	9.04%	8.28%
Forward PE	-	-	-	-	-	21.21	19.59
No. Analysts	-	-	-	-	-	41	39

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2027	2028
High	181.1B	191.4B
Avg	176.4B	183.6B
Low	166.5B	170.6B

Revenue Growth

Revenue Growth	2027	2028
High	10.0%	8.5%
Avg	7.1%	4.1%
Low	1.1%	-3.3%

EPS Forecast

EPS	2027	2028
High	16.15	18.11
Avg	15.52	16.80
Low	14.53	15.39

EPS Growth

EPS Growth	2027	2028
High	13.5%	16.7%
Avg	9.0%	8.3%
Low	2.1%	-0.8%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.