Home Depot (HD) Stock Forecast & Price Target

Q: What analysts cover Home Depot?

Home Depot has been rated by research analysts at Argus , Bank of America , BNP Paribas Exane , Citigroup , DA Davidson , Evercore , Gordon Haskett , Guggenheim , HSBC , Jefferies Financial Group , JPMorgan Chase & Co. , Mizuho , Morgan Stanley , Oppenheimer , Piper Sandler , Robert W. Baird , Royal Bank Of Canada , Sanford C. Bernstein , Stifel Nicolaus , TD Cowen , Telsey Advisory Group , The Goldman Sachs Group , Truist Financial , UBS Group , Weiss Ratings , Wells Fargo & Company , and Wolfe Research in the past 90 days.

$357.72 +6.89 (+1.96%)

Closing price 07/2/2026 03:59 PM Eastern

Extended Trading

$357.55 -0.18 (-0.05%)

As of 07/2/2026 07:58 PM Eastern

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

Consensus Rating

Moderate Buy

Based on 32 Analyst Ratings

Sell
1

Hold
13

Buy
18

Based on 32 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 32 analysts, 1 has given a sell rating, 13 have given a hold rating, and 18 have given a buy rating for HD.

Consensus Price Target

$371.71
3.91% Upside

According to the 32 analysts' twelve-month price targets for Home Depot, the average price target is $371.71. The highest price target for HD is $430.00, while the lowest price target for HD is $310.00. The average price target represents a forecasted upside of 3.91% from the current price of $357.73.

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 7/3/25 to 7/3/26	1 Month Ago 6/3/25 to 6/3/26	3 Months Ago 4/4/25 to 4/4/26	1 Year Ago 7/3/24 to 7/3/25
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	1 Strong Buy rating(s)
Buy	18 Buy rating(s)	19 Buy rating(s)	20 Buy rating(s)	21 Buy rating(s)
Hold	13 Hold rating(s)	12 Hold rating(s)	12 Hold rating(s)	6 Hold rating(s)
Sell	1 Sell rating(s)	1 Sell rating(s)	1 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$371.71	$371.39	$414.17	$426.77
Forecasted Upside	3.91% Upside	18.50% Upside	28.71% Upside	14.92% 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	Broader Market
Consensus Rating Score	2.53	2.15	2.52
Consensus Rating	Moderate Buy	Hold	Moderate Buy
Predicted Upside	3.91% Upside	63.03% Upside	13.32% 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
6/29/2026	Guggenheim 5 of 5 stars	Steven Forbes 3 of 5 stars	Reiterated Rating	Buy
6/23/2026	Weiss Ratings 5 of 5 stars		Downgrade	Hold (C) ➝ Hold (C-)
6/23/2026	Wolfe Research 3 of 5 stars	Spencer Hanus Not Rated	Downgrade	Outperform ➝ Peer Perform
6/12/2026	Gordon Haskett Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Boost Target		$320.00 ➝ $330.00	+0.50%
6/4/2026	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	Lower Target	Buy	$361.00 ➝ $360.00	+15.28%
5/21/2026	Argus Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Lower Target	Buy	$425.00 ➝ $400.00	+29.18%
5/20/2026	UBS Group Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Michael Lasser Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Lower Target	Buy	$450.00 ➝ $430.00	+40.19%
5/20/2026	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	Lower Target	Sector Perform	$377.00 ➝ $340.00	+12.50%
5/20/2026	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	Lower Target	Buy	$450.00 ➝ $375.00	+24.08%
5/20/2026	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	$422.00 ➝ $421.00	+39.30%
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5/20/2026	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	Lower Target	Overweight	$375.00 ➝ $360.00	+19.12%
5/20/2026	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	Reiterated Rating	Market Perform	$346.00	+14.48%
5/20/2026	The Goldman Sachs Group Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Lower Target	Buy	$409.00 ➝ $390.00	+29.47%
5/20/2026	HSBC Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Lower Target	Hold	$392.00 ➝ $310.00	+2.85%
5/20/2026	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Lower Target	Overweight	$423.00 ➝ $396.00	+31.38%
5/20/2026	Evercore Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Lower Target	Outperform	$415.00 ➝ $400.00	+32.75%
5/20/2026	Morgan Stanley Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Simeon Gutman Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Lower Target	Overweight	$420.00 ➝ $400.00	+32.75%
5/20/2026	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	Lower Target	Outperform	$435.00 ➝ $410.00	+35.66%
5/20/2026	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	Lower Target	Outperform	$430.00 ➝ $380.00	+25.73%
5/20/2026	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	Lower Target	Outperform	$415.00 ➝ $385.00	+27.39%
5/19/2026	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	Lower Target	Buy	$445.00 ➝ $377.00	+24.74%
5/19/2026	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	Lower Target	Buy	$394.00 ➝ $369.00	+22.66%
5/19/2026	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	$348.00 ➝ $325.00	+8.04%
5/18/2026	Stifel Nicolaus Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	W. Andrew Carter Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Lower Target	Hold	$375.00 ➝ $320.00	+7.62%
5/18/2026	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	$405.00 ➝ $310.00	+4.26%
5/12/2026	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	Lower Target	Buy	$450.00 ➝ $400.00	+28.47%
5/5/2026	Bank of America Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Initiated Coverage	Buy	$374.00	+19.66%
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
2/9/2026	Zacks Research Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Upgrade	Strong Sell ➝ Hold
11/19/2025	KGI Securities Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Downgrade	Outperform ➝ Hold	$320.00	-4.92%
11/18/2025	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
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%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Friday at 06:05 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 Wednesday, July 1, 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 shown a solid revenue growth of 4.8% compared to the same quarter last year, indicating strong demand for its products and services.
The current stock price is around $322, which may present a buying opportunity for investors looking for value in the home improvement sector.
With a projected earnings per share (EPS) of 15.01 for the current fiscal year, Home Depot is expected to maintain profitability, which is a positive indicator for potential investors.
The company has a consistent dividend payout, with an annualized dividend of $9.32 and a yield of 2.7%, providing a steady income stream for investors.
Home Depot's strong return on equity of 117.24% reflects its efficient use of shareholder funds to generate profits, making it an attractive investment option.

Home Depot
Bear Case

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

The stock has a twelve-month high of $426.75, suggesting that it may be trading at a premium compared to its historical performance, which could deter value-focused investors.
Home Depot's payout ratio is 66.19%, which, while sustainable, indicates that a significant portion of earnings is being distributed as dividends, potentially limiting reinvestment in growth opportunities.
Despite recent revenue growth, the company reported a decrease in EPS from the previous year, which may raise concerns about future profitability.
The firm’s 200-day simple moving average is $345.89, indicating that the stock has been underperforming relative to its longer-term trend, which could signal caution for investors.
Market volatility and economic uncertainties could impact consumer spending on home improvement projects, posing risks to Home Depot's revenue stability.

HD Forecast - Frequently Asked Questions

According to the research reports of 32 Wall Street equities research analysts, the average twelve-month stock price forecast for Home Depot is $371.71, with a high forecast of $430.00 and a low forecast of $310.00.

32 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Home Depot in the last year. There is currently 1 sell rating, 13 hold ratings and 18 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" HD shares.

According to analysts, Home Depot's stock has a predicted upside of 3.91% based on their 12-month stock forecasts.

Over the previous 90 days, Home Depot's stock had 3 downgrades and 1 upgrade by analysts.

Home Depot has been rated by research analysts at Argus, Bank of America, BNP Paribas Exane, Citigroup, DA Davidson, Evercore, Gordon Haskett, Guggenheim, HSBC, Jefferies Financial Group, JPMorgan Chase & Co., Mizuho, Morgan Stanley, Oppenheimer, Piper Sandler, Robert W. Baird, Royal Bank Of Canada, Sanford C. Bernstein, Stifel Nicolaus, TD Cowen, Telsey Advisory Group, The Goldman Sachs Group, Truist Financial, UBS Group, Weiss Ratings, Wells Fargo & Company, and Wolfe 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 7/3/2026 by MarketBeat.com Staff.

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Home Depot (HD) Stock Forecast & Price Target