Home Depot (HD) Stock Forecast & Price Target

Q: What analysts cover Home Depot?

Home Depot has been rated by research analysts at Argus , DA Davidson , Guggenheim , Jefferies Financial Group , KeyCorp , Mizuho , Royal Bank Of Canada , Sanford C. Bernstein , Stifel Nicolaus , TD Cowen , Truist Financial , UBS Group , Weiss Ratings , and Wells Fargo & Company in the past 90 days.

$291.90 -4.82 (-1.62%)

Closing price 03:59 PM Eastern

Extended Trading

$292.25 +0.35 (+0.12%)

As of 07:59 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

$375.18
28.53% Upside

According to the 32 analysts' twelve-month price targets for Home Depot, the average price target is $375.18. The highest price target for HD is $425.00, while the lowest price target for HD is $310.00. The average price target represents a forecasted upside of 28.53% from the current price of $291.90.

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 9/24/25 to 9/24/26	1 Month Ago 8/25/25 to 8/25/26	3 Months Ago 6/26/25 to 6/26/26	1 Year Ago 9/24/24 to 9/24/25
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)	18 Buy rating(s)	18 Buy rating(s)	19 Buy rating(s)
Hold	13 Hold rating(s)	13 Hold rating(s)	13 Hold rating(s)	5 Hold rating(s)
Sell	1 Sell rating(s)	1 Sell rating(s)	1 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$375.18	$375.54	$371.71	$435.60
Forecasted Upside	28.53% Upside	11.11% Upside	6.63% Upside	6.30% 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	Consumer Discretionary Companies	Broader Market
Consensus Rating Score	2.53	2.19	2.53
Consensus Rating	Moderate Buy	Hold	Moderate Buy
Predicted Upside	28.51% Upside	218.02% Upside	19.25% Upside
News Sentiment Rating	Positive News See Recent HD News	Neutral News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export

Date	Brokerage	Analyst	Action	Rating	Price Target	Report Date Upside/Downside
9/17/2026	UBS Group 4 of 5 stars	Michael Lasser 4 of 5 stars	Reiterated Rating	Buy
9/9/2026	Sanford C. Bernstein 3 of 5 stars	Zhihan Ma Not Rated	Lower Target	Market Perform	$354.00 ➝ $344.00	+9.99%
8/19/2026	Truist Financial 3 of 5 stars	Scot Ciccarelli 2 of 5 stars	Boost Target	Buy	$369.00 ➝ $373.00	+7.53%
8/19/2026	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	Boost Target	Outperform	$385.00 ➝ $390.00	+15.35%
8/19/2026	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	Reiterated Rating	Buy	$377.00	+10.15%
8/19/2026	Argus Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Christopher Graja Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Reiterated Rating	Buy	$400.00	+14.91%
8/19/2026	KeyCorp Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Bradley B. Thomas Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Reiterated Rating	Sector Weight
8/19/2026	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	$343.00 ➝ $342.00	-1.99%
8/19/2026	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	Reiterated Rating	Buy	$425.00	+22.45%
8/18/2026	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	Reiterated Rating	Buy	$398.00	+17.72%
Get the Latest News and Ratings for HD and Related Stocks Enter your email address below to receive the latest news and analysts' ratings for Home Depot and its competitors with MarketBeat's FREE daily newsletter.
8/17/2026	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	Boost Target	Hold	$320.00 ➝ $340.00	+0.53%
8/11/2026	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	$360.00 ➝ $400.00	+14.21%
8/10/2026	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
7/7/2026	Weiss Ratings Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Upgrade	Hold (C-) ➝ Hold (C)
6/23/2026	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	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%
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%
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%
5/19/2026	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	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%
2/9/2026	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%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Thursday at 10:50 PM 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, September 23, 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 recently reported strong financial performance, beating consensus estimates with an earnings per share of $4.92 for the quarter, which exceeded the expected $4.73, and revenue of $47.86 billion, surpassing the consensus of $47.24 billion, demonstrating the company's ability to outperform market expectations and drive shareholder value.
The stock is currently trading at $296.78, which is significantly below the average analyst price target of $375.18, suggesting substantial upside potential as the market may be undervaluing the company's long-term growth prospects and operational strengths.
Home Depot is strategically positioned to benefit from a potential housing market recovery, as lower mortgage rates or improved housing turnover could stimulate remodeling and repair spending, providing a significant catalyst for increased sales and profitability in the coming periods.
The company's investments in its Pro business, including expanded product selection and improved delivery capabilities, are reportedly producing positive comparable sales and supporting larger-ticket purchases, which enhances its competitive advantage and revenue growth from professional customers.
Home Depot offers a compelling dividend yield of 3.14%, providing investors with a steady income stream and a cushion against market volatility, which is particularly attractive in the current economic environment where income-generating assets are in demand.

Home Depot
Bear Case

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

Home Depot's CFO has warned that the U.S. housing market is effectively "frozen," with key activity metrics at historic lows due to high mortgage rates and limited affordability, which is delaying home moves and reducing demand for discretionary renovations, posing a significant risk to the company's core business.
Consumers are reportedly postponing large projects and focusing on essential repairs due to financial pressures, which threatens Home Depot's higher-margin, big-ticket sales and could lead to a decline in overall revenue and profitability as discretionary spending remains subdued.
The stock has experienced a notable decline, trading down 2.8% to $296.78, and is currently below its 50-day moving average of $329.85 and 200-day moving average of $330.10, indicating a bearish technical trend and potential continued downward pressure on the share price.
Recent insider selling activity, including significant share sales by the CFO and other executives, may signal a lack of confidence in the company's near-term prospects or a desire to lock in gains, which could negatively impact investor sentiment and stock performance.
Tariff refunds, while potentially providing some relief, may have limited impact on consumer demand and pricing benefits, as shoppers have already absorbed part of the earlier tariff-related costs, which could constrain the company's ability to improve margins and stimulate sales growth.

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 $375.18, with a high forecast of $425.00 and a low forecast of $310.00.

32 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Home Depot in the last twelve months. 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 28.53% 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 Argus, DA Davidson, Guggenheim, Jefferies Financial Group, KeyCorp, Mizuho, Royal Bank Of Canada, Sanford C. Bernstein, Stifel Nicolaus, TD Cowen, Truist Financial, UBS Group, Weiss Ratings, and Wells Fargo & Company in the past 90 days.

Analysts like Home Depot more than other "consumer discretionary" companies. The consensus rating for Home Depot is Moderate Buy while the average consensus rating for "consumer discretionary" companies is Hold. Learn more on how HD compares to other companies.

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MarketBeat monitors more than a dozen sources for Home Depot analyst ratings, with the most recent rating issued on 9/17/2026.

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Home Depot (HD) Stock Forecast & Price Target