S&P 500   5,022.21
DOW   37,753.31
QQQ   425.84
ASML Fires Warning Shot For Tech Investors
[Urgent!] Generational Wealth Gameplan (Ad)
Checking in with 5 Bitcoin Stocks Ahead of Bitcoin's Halving
Lululemon’s P/E Is Back to 2017 Levels: Should You Buy the Dip?
Urgent alert: open this for a huge profit potential (Ad)
Closing prices for crude oil, gold and other commodities
Abbott Laboratories Outlook is Healthy: Buy the Dip
Options trading has suddenly become more reliable. (Ad)
Stock market today: Asian shares gain despite Wall Street's tech-led retreat
Prologis Stock Leading U.S. Logistics Boom
S&P 500   5,022.21
DOW   37,753.31
QQQ   425.84
ASML Fires Warning Shot For Tech Investors
[Urgent!] Generational Wealth Gameplan (Ad)
Checking in with 5 Bitcoin Stocks Ahead of Bitcoin's Halving
Lululemon’s P/E Is Back to 2017 Levels: Should You Buy the Dip?
Urgent alert: open this for a huge profit potential (Ad)
Closing prices for crude oil, gold and other commodities
Abbott Laboratories Outlook is Healthy: Buy the Dip
Options trading has suddenly become more reliable. (Ad)
Stock market today: Asian shares gain despite Wall Street's tech-led retreat
Prologis Stock Leading U.S. Logistics Boom
S&P 500   5,022.21
DOW   37,753.31
QQQ   425.84
ASML Fires Warning Shot For Tech Investors
[Urgent!] Generational Wealth Gameplan (Ad)
Checking in with 5 Bitcoin Stocks Ahead of Bitcoin's Halving
Lululemon’s P/E Is Back to 2017 Levels: Should You Buy the Dip?
Urgent alert: open this for a huge profit potential (Ad)
Closing prices for crude oil, gold and other commodities
Abbott Laboratories Outlook is Healthy: Buy the Dip
Options trading has suddenly become more reliable. (Ad)
Stock market today: Asian shares gain despite Wall Street's tech-led retreat
Prologis Stock Leading U.S. Logistics Boom
S&P 500   5,022.21
DOW   37,753.31
QQQ   425.84
ASML Fires Warning Shot For Tech Investors
[Urgent!] Generational Wealth Gameplan (Ad)
Checking in with 5 Bitcoin Stocks Ahead of Bitcoin's Halving
Lululemon’s P/E Is Back to 2017 Levels: Should You Buy the Dip?
Urgent alert: open this for a huge profit potential (Ad)
Closing prices for crude oil, gold and other commodities
Abbott Laboratories Outlook is Healthy: Buy the Dip
Options trading has suddenly become more reliable. (Ad)
Stock market today: Asian shares gain despite Wall Street's tech-led retreat
Prologis Stock Leading U.S. Logistics Boom
Free Trial

Home Depot (HD) Stock Forecast & Price Target

→ Could Bitcoin Literally FORCE This Crypto To Rocket Up? (From Paradigm Press) (Ad)
Free hd Stock Alerts
$332.83
-2.00 (-0.60%)
(As of 04/17/2024 ET)
Compare
Stock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainability

Home Depot Consensus Analyst Rating and Stock Price Forecast (2024)

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.

Analysts' Consensus Rating

Moderate Buy
Based on 26 Analyst Ratings

Analysts' Consensus Price Target

$375.96
12.96% Upside
High Forecast$440.00
Average Forecast$375.96
Low Forecast$310.00
TypeCurrent Forecast
4/19/23 to 4/18/24		1 Month Ago
3/20/23 to 3/19/24		3 Months Ago
1/19/23 to 1/19/24		1 Year Ago
4/19/22 to 4/19/23
Consensus Rating
Moderate Buy
Moderate Buy
Moderate Buy
Moderate Buy
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
18 Buy rating(s)
16 Buy rating(s)
19 Buy rating(s)
16 Buy rating(s)
Hold
7 Hold rating(s)
7 Hold rating(s)
9 Hold rating(s)
12 Hold rating(s)
Sell
1 Sell rating(s)
1 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$375.96$366.76$351.31$329.89
Predicted Upside12.96% Upside5.41% Upside8.87% Upside10.56% Upside
Get Home Depot Upgrade and Downgrade Alerts

Sign-up to receive the latest news and ratings for HD and its competitors with MarketBeat's FREE daily newsletter.

HD Analyst Ratings 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.
Skip Chart & View Analyst Rating History

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.
Skip Chart and View Analyst Price Target HistorySkip Chart & View Price History Table

Home Depot Stock vs. The Competition

TypeHome DepotRetail/Wholesale CompaniesS&P 500
Consensus Rating Score
2.65
2.41
2.49
Consensus RatingModerate BuyHoldHold
Predicted Upside12.96% Upside62.68% Upside12.24% Upside
News Sentiment RatingNeutral News
Neutral News
Positive News

Recent Analyst Ratings and Stock Forecasts

Export to Excel
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
4/17/2024Truist Financial
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Reiterated RatingBuy ➝ Buy$417.00+24.97%
4/16/2024Evercore ISI
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Lower TargetOutperform ➝ Outperform$420.00 ➝ $415.00+23.72%
4/5/2024Guggenheim
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Reiterated RatingBuy ➝ Buy$390.00+9.33%
4/3/2024HSBC
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Reiterated RatingReduce ➝ Reduce$323.00-10.73%
4/2/2024Zelman & Associates
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 UpgradeNeutral ➝ Outperform
4/1/2024DA Davidson
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Reiterated RatingNeutral ➝ Neutral$370.00-2.39%
4/1/2024Telsey Advisory Group
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Boost TargetMarket Perform ➝ Market Perform$335.00 ➝ $360.00-6.15%
4/1/2024Bank of America
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Boost TargetBuy ➝ Buy$400.00 ➝ $425.00+10.79%
4/1/2024Wedbush
Subscribe to MarketBeat All Access for the recommendation accuracy rating		S. Basham
Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost TargetOutperform ➝ Outperform$380.00 ➝ $410.00+6.88%
3/19/2024Mizuho
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Initiated CoverageBuy$415.00+11.59%
3/4/2024TD Cowen
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Boost TargetOutperform ➝ Outperform$415.00 ➝ $440.00+14.45%
2/26/2024Royal Bank of Canada
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Boost TargetSector Perform ➝ Sector Perform$299.00 ➝ $377.00+0.99%
2/21/2024Citigroup
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Boost TargetBuy ➝ Buy$333.00 ➝ $415.00+14.76%
2/16/2024Stifel Nicolaus
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Boost TargetHold ➝ Hold$355.00 ➝ $366.00+1.44%
2/14/2024Robert W. Baird
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Reiterated RatingAverage ➝ Outperform$370.00+3.38%
2/13/2024Wells Fargo & Company
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Boost TargetOverweight ➝ Overweight$385.00 ➝ $400.00+11.96%
2/13/2024The Goldman Sachs Group
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Boost TargetBuy ➝ Buy$347.00 ➝ $393.00+9.68%
1/22/2024Oppenheimer
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 DowngradeOutperform ➝ Market Perform
1/16/2024Piper Sandler
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 UpgradeNeutral ➝ Overweight$311.00 ➝ $400.00+12.45%
1/4/2024Barclays
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 UpgradeEqual Weight ➝ Overweight$325.00 ➝ $372.00+10.01%
11/15/2023Morgan Stanley
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Lower TargetOverweight ➝ Overweight$350.00 ➝ $335.00+9.42%
8/16/2023Jefferies Financial Group
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Boost TargetBuy ➝ Buy$370.00 ➝ $384.00+15.68%
8/16/2023Loop Capital
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Boost TargetHold ➝ Hold$300.00 ➝ $315.00-5.11%
8/16/2023Sanford C. Bernstein
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Boost TargetMarket Perform ➝ Market Perform$314.00 ➝ $328.00-1.19%
8/15/2023JPMorgan Chase & Co.
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Boost TargetOverweight ➝ Overweight$321.00 ➝ $335.00+0.92%
7/26/2023Argus
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Lower TargetBuy$400.00 ➝ $350.00+6.44%
5/17/2023Credit 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 Thursday at 05:10 AM ET.

HD Price Target - Frequently Asked Questions

What is Home Depot's consensus rating and price target?

According to the issued ratings of 26 analysts in the last year, the consensus rating for Home Depot stock is Moderate Buy based on the current 1 sell rating, 7 hold ratings and 18 buy ratings for HD. The average twelve-month price prediction for Home Depot is $375.96 with a high price target of $440.00 and a low price target of $310.00. Learn more on HD's analyst rating history.

Do Wall Street analysts like Home Depot more than its competitors?

Analysts like Home Depot more than other Retail/Wholesale companies. The consensus rating for Home Depot is Moderate Buy while the average consensus rating for retail/wholesale companies is Hold. Learn more on how HD compares to other companies.

Is Home Depot being upgraded or downgraded by Wall Street analysts?

Over the previous 90 days, Home Depot's stock had 2 downgrades and 1 upgrade by analysts.

Does Home Depot's stock price have much upside?

According to analysts, Home Depot's stock has a predicted upside of 6.88% based on their 12-month stock forecasts.

What analysts cover Home Depot?

Home Depot has been rated by Bank of America, Citigroup, DA Davidson, Evercore ISI, Guggenheim, HSBC, Mizuho, Oppenheimer, Robert W. Baird, Royal Bank of Canada, Stifel Nicolaus, TD Cowen, Telsey Advisory Group, The Goldman Sachs Group, Truist Financial, Wedbush, Wells Fargo & Company, and Zelman & Associates in the past 90 days.


Stock Ratings Reports and Tools

Related Companies:
Today's Ratings:
Top Rated Stocks:
More Ratings Tools:
This page (NYSE:HD) was last updated on 4/18/2024 by MarketBeat.com Staff

From Our Partners
[Urgent!] Generational Wealth Gameplan
Crypto 101 Media
He Is Giving Away Bitcoin
Crypto Swap Profits
The “Perfect Storm” for Gold
Gold Safe Exchange
Biden out June 13; Kamala won’t replace him?
Paradigm Press
Top 5 AI Stocks to Buy for 2024
Market Moving Trends
Top 5 Tech Stocks to Buy for 2024
Daily Market Alerts
Urgent alert: open this for a huge profit potential
Timothy Sykes
Your Money is Not Safe
American Alternative