Home Depot (HD) Stock Forecast & Price Target

$315.19 +2.77 (+0.89%)

Closing price 05/5/2026 03:59 PM Eastern

Extended Trading

$322.00 +6.81 (+2.16%)

As of 08:50 AM Eastern

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Home Depot - Analysts' Recommendations and Stock Price Forecast (2026)

Consensus Rating

Moderate Buy

Based on 33 Analyst Ratings

Sell
1

Hold
12

Buy
20

Based on 33 Wall Street analysts who have issued ratings for Home Depot in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 33 analysts, 1 has given a sell rating, 12 have given a hold rating, and 20 have given a buy rating for HD.

Consensus Price Target

$412.24
30.79% Upside

According to the 33 analysts' twelve-month price targets for Home Depot, the average price target is $412.24. The highest price target for HD is $470.00, while the lowest price target for HD is $320.00. The average price target represents a forecasted upside of 30.79% from the current price of $315.19.

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.

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HD Analyst Ratings Over Time

Type	Current Forecast 5/6/25 to 5/6/26	1 Month Ago 4/6/25 to 4/6/26	3 Months Ago 2/5/25 to 2/5/26	1 Year Ago 5/6/24 to 5/6/25
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	1 Strong Buy rating(s)
Buy	20 Buy rating(s)	20 Buy rating(s)	21 Buy rating(s)	20 Buy rating(s)
Hold	12 Hold rating(s)	12 Hold rating(s)	10 Hold rating(s)	8 Hold rating(s)
Sell	1 Sell rating(s)	1 Sell rating(s)	2 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$412.24	$414.17	$404.47	$430.12
Forecasted Upside	30.79% Upside	26.93% Upside	5.87% Upside	19.62% Upside
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy	Moderate Buy

HD Analyst Recommendations 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.

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.

Home Depot Stock vs. The Competition

Type	Home Depot	Retail/Wholesale Companies	S&P 500
Consensus Rating Score	2.58	2.15	2.52
Consensus Rating	Moderate Buy	Hold	Moderate Buy
Predicted Upside	30.79% Upside	86.38% Upside	14.74% Upside
News Sentiment Rating	Positive News See Recent HD News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

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Date	Brokerage	Analyst	Action	Rating	Price Target	Report Date Upside/Downside
5/5/2026	Bank of America 4 of 5 stars		Initiated Coverage	Buy	$374.00	+19.66%
4/28/2026	Morgan Stanley 3 of 5 stars		Boost Target	Overweight	$412.00 ➝ $420.00	+25.09%
3/31/2026	Evercore 3 of 5 stars		Lower Target	Outperform	$425.00 ➝ $415.00	+25.03%
3/27/2026	Weiss Ratings Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Reiterated Rating	Hold (C+)
3/25/2026	Telsey Advisory Group Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Joseph Feldman Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Reiterated Rating	Outperform	$435.00	+31.40%
3/24/2026	UBS Group Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Reiterated Rating	Outperform
3/24/2026	BNP Paribas Exane Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Chris Bottiglieri Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Lower Target	Neutral	$391.00 ➝ $348.00	+4.99%
3/12/2026	TD Cowen Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Max Rakhlenko Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Reiterated Rating	Buy
2/26/2026	Daiwa Securities Group Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Boost Target	Neutral	$360.00 ➝ $390.00	+2.74%
2/25/2026	KeyCorp Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Reiterated Rating	Sector Weight

2/25/2026	Sanford C. Bernstein Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Zhihan Ma Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Boost Target	Market Perform	$381.00 ➝ $390.00	+4.84%
2/25/2026	Royal Bank Of Canada Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Steven Shemesh Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Boost Target	Sector Perform	$363.00 ➝ $377.00	+0.63%
2/25/2026	The Goldman Sachs Group Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Kate McShane Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Lower Target		$413.00 ➝ $409.00	+7.94%
2/25/2026	Wolfe Research Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Spencer Hanus Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Boost Target	Outperform	$413.00 ➝ $414.00	+9.26%
2/25/2026	Guggenheim Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Steven Forbes Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Boost Target	Buy	$400.00 ➝ $425.00	+12.28%
2/25/2026	Wells Fargo & Company Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Zachary Fadem Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Boost Target	Overweight	$395.00 ➝ $420.00	+9.19%
2/24/2026	Jefferies Financial Group Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Jonathan Matuszewski Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Boost Target	Buy	$424.00 ➝ $454.00	+18.01%
2/24/2026	Truist Financial Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Scot Ciccarelli Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Set Target		$424.00	+10.23%
2/24/2026	DA Davidson Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Michael Baker Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Boost Target	Buy	$407.00 ➝ $445.00	+15.85%
2/23/2026	Piper Sandler Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Peter Keith Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Lower Target	Overweight	$441.00 ➝ $422.00	+10.36%
2/17/2026	Robert W. Baird Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Peter Benedict Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Boost Target	Outperform	$400.00 ➝ $430.00	+9.97%
2/12/2026	Citigroup Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Steven Zaccone Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Boost Target	Buy	$407.00 ➝ $450.00	+15.25%
2/11/2026	Gordon Haskett Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Boost Target	Hold	$330.00 ➝ $370.00	-6.69%
2/9/2026	Zacks Research Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Upgrade	Strong Sell ➝ Hold
12/5/2025	Oppenheimer Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Timothy Horan Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Lower Target	Market Perform	$420.00 ➝ $405.00	+15.77%
12/1/2025	Stifel Nicolaus Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	W. Andrew Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Lower Target	Hold	$370.00 ➝ $350.00	-1.55%
11/20/2025	Argus Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Lower Target	Buy	$450.00 ➝ $425.00	+25.51%
11/19/2025	KGI Securities Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Downgrade	Outperform ➝ Hold	$320.00	-4.92%
11/19/2025	HSBC Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Lower Target	Hold	$445.00 ➝ $400.00	+18.90%
11/19/2025	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Christopher Horvers Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Lower Target	Overweight	$444.00 ➝ $423.00	+25.73%
11/18/2025	DZ Bank Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Katharina Schmenger Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Reiterated Rating	Sell
8/20/2025	Mizuho Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	David Bellinger Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Boost Target	Outperform	$435.00 ➝ $450.00	+11.33%
6/2/2025	TD Securities Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Downgrade	Buy
2/26/2025	Wedbush Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Seth Basham Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Reiterated Rating	Outperform	$440.00 ➝ $440.00	+10.89%
11/5/2024	Barclays Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Boost Target	Overweight	$372.00 ➝ $420.00	+6.18%
10/9/2024	Loop Capital Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	L. Champine Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Upgrade	Hold ➝ Buy	$360.00 ➝ $460.00	+11.05%
9/23/2024	Melius Research Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	K. Short Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Initiated Coverage	Buy	$420.00	+7.42%
5/15/2024	Raymond James Financial Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Reiterated Rating	Market Perform

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Wednesday at 08:51 AM ET.

Should I Buy Home Depot Stock? HD Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Tuesday, May 5, 2026. Please send any questions or comments about these Home Depot pros and cons to contact@marketbeat.com.

Home Depot
Bull Case

Here are some ways that investors could benefit from investing in Home Depot:

Home Depot has received multiple "buy" ratings from analysts, indicating strong confidence in its future performance.
The current stock price is around $368, which may present a buying opportunity for investors looking for value.
Recent price target increases from various analysts suggest a positive outlook, with targets reaching as high as $454.
The company has a solid market capitalization, reflecting its stability and potential for growth in the home improvement sector.
Home Depot's diverse product offerings cater to both DIY consumers and professional contractors, enhancing its market reach.

Home Depot
Bear Case

Investors should be bearish about investing in Home Depot for these reasons:

Insider selling, such as the recent sale of shares by the CFO, may raise concerns about the company's internal confidence.
Some analysts have issued lower price targets, indicating potential volatility and uncertainty in the stock's performance.
The company has a relatively high debt-to-equity ratio, which could pose risks in a fluctuating economic environment.
Market competition in the home improvement sector is intense, which may impact Home Depot's market share and profitability.
Recent fluctuations in stock performance could indicate instability, making it a riskier investment for some investors.

HD Forecast - Frequently Asked Questions

: According to the research reports of 33 Wall Street equities research analysts, the average twelve-month stock price forecast for Home Depot is $412.24, with a high forecast of $470.00 and a low forecast of $320.00.
: 33 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Home Depot in the last year. There is currently 1 sell rating, 12 hold ratings and 20 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" HD shares.
: According to analysts, Home Depot's stock has a predicted upside of 30.79% based on their 12-month stock forecasts.
: Over the previous 90 days, Home Depot's stock had 1 upgrade by analysts.
: Home Depot has been rated by research analysts at Bank of America, BNP Paribas Exane, Citigroup, DA Davidson, Daiwa Securities Group, Evercore, Gordon Haskett, Guggenheim, Jefferies Financial Group, KeyCorp, Morgan Stanley, Piper Sandler, Robert W. Baird, Royal Bank Of Canada, Sanford C. Bernstein, TD Cowen, Telsey Advisory Group, The Goldman Sachs Group, Truist Financial, UBS Group, Weiss Ratings, Wells Fargo & Company, Wolfe Research, and Zacks Research in the past 90 days.
: 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.

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This page (NYSE:HD) was last updated on 5/6/2026 by MarketBeat.com Staff.

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Home Depot (HD) Stock Forecast & Price Target

Home Depot - Analysts' Recommendations and Stock Price Forecast (2026)

Consensus Rating

Consensus Price Target

HD Analyst Ratings Over Time

HD Analyst Recommendations By Month

HD Price Targets by Month

Home Depot Stock vs. The Competition

Recent Analyst Forecasts and Stock Ratings

Should I Buy Home Depot Stock? HD Pros and Cons Explained

Home Depot
Bull Case

Home Depot
Bear Case

HD Forecast - Frequently Asked Questions

Stock Forecasts and Research Tools

Today's Analyst Ratings

Top-Rated Stocks

More Ratings Tools

Brokerages With Home Depot Recommendations

Best-in-Class Portfolio Monitoring

Stock Ideas and Recommendations

Advanced Stock Screeners and Research Tools

About MarketBeat

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Home Depot (HD) Stock Forecast & Price Target

Home Depot - Analysts' Recommendations and Stock Price Forecast (2026)

Consensus Rating

Consensus Price Target

HD Analyst Ratings Over Time

HD Analyst Recommendations By Month

HD Price Targets by Month

Home Depot Stock vs. The Competition

Recent Analyst Forecasts and Stock Ratings

Should I Buy Home Depot Stock? HD Pros and Cons Explained

Home Depot Bull Case

Home Depot Bear Case

HD Forecast - Frequently Asked Questions

Stock Forecasts and Research Tools

Today's Analyst Ratings

Top-Rated Stocks

More Ratings Tools

Brokerages With Home Depot Recommendations

MarketBeat All Access Features

Best-in-Class Portfolio Monitoring

Stock Ideas and Recommendations

Advanced Stock Screeners and Research Tools

Home Depot
Bull Case

Home Depot
Bear Case