NYSE:HD

Home Depot (HD) Price Target & Analyst Ratings

$302.16

-1.33 (-0.44%)

(As of 09/29/2023 ET)

Compare

Today's Range: $299.82
▼
$305.67
50-Day Range: $301.92
▼
$333.84
52-Week Range: $267.86
▼
$347.25

Volume: 3.42 million shs
Average Volume: 3.73 million shs
Market Capitalization: $302.18 billion

P/E Ratio: 18.87
Dividend Yield: 2.77%
Price Target: $340.47

Home Depot Consensus Rating and Price Target (2023)

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.

Consensus Analyst Rating

Moderate Buy
Based on 29 Analyst Ratings

Consensus Analyst Price Target

$340.47
12.68% Upside

High Prediction	$384.00
Average Prediction	$340.47
Low Prediction	$286.00

Type	Current 9/29/22 to 9/29/23	1 Month Ago 8/30/22 to 8/30/23	3 Months Ago 7/1/22 to 7/1/23	1 Year Ago 9/29/21 to 9/29/22
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	15 Buy rating(s)	15 Buy rating(s)	14 Buy rating(s)	19 Buy rating(s)
Hold	14 Hold rating(s)	12 Hold rating(s)	11 Hold rating(s)	4 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$340.47	$338.18	$323.43	$365.95
Predicted Upside	12.68% Upside	6.56% Upside	8.93% Upside	11.98% Upside

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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.

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	2.52	2.41	2.49
Consensus Rating	Moderate Buy	Hold	Hold
Predicted Upside	13.35% Upside	230.27% Upside	630.57% Upside
News Sentiment Rating	Positive News	Positive News	Positive News

Historical Target Prices and Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
9/22/2023	HSBC Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Hold	$365.00	+18.99%
9/8/2023	Evercore ISI Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Outperform ➝ Outperform	$360.00 ➝ $370.00	+12.80%
9/6/2023	Stifel Nicolaus Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Hold	$350.00	+7.36%
8/16/2023	DA Davidson Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Neutral ➝ Neutral	$290.00 ➝ $320.00	-4.84%
8/16/2023	Guggenheim Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$320.00 ➝ $360.00	+8.39%
8/16/2023	Truist Financial Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$348.00 ➝ $372.00	+12.06%
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8/16/2023	Jefferies Financial Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$370.00 ➝ $384.00	+15.68%
8/16/2023	Loop Capital Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Hold ➝ Hold	$300.00 ➝ $315.00	-5.11%
8/16/2023	Telsey Advisory Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	J. Feldman Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target		$315.00 ➝ $335.00	+0.92%
8/16/2023	Morgan Stanley Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Overweight ➝ Overweight	$320.00 ➝ $350.00	+5.43%
8/16/2023	Wedbush Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Neutral ➝ Neutral	$290.00 ➝ $350.00	+5.43%
8/16/2023	Wells Fargo & Company Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Overweight ➝ Overweight	$345.00 ➝ $360.00	+8.45%
8/16/2023	Sanford C. Bernstein Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Market Perform ➝ Market Perform	$314.00 ➝ $328.00	-1.19%
8/15/2023	Barclays Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Equal Weight ➝ Equal Weight	$310.00 ➝ $333.00	+0.31%
8/15/2023	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Overweight ➝ Overweight	$321.00 ➝ $335.00	+0.92%
8/15/2023	The Goldman Sachs Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$330.00 ➝ $350.00	+5.43%
8/15/2023	Robert W. Baird Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		$330.00 ➝ $360.00	+8.39%
8/9/2023	Oppenheimer Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Outperform ➝ Outperform	$360.00	+9.69%
8/2/2023	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$327.00 ➝ $375.00	+12.93%
7/26/2023	Argus Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Buy	$400.00 ➝ $350.00	+6.44%
5/17/2023	Credit Suisse Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target		$320.00 ➝ $310.00	+9.80%
2/22/2023	Roth Mkm Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Neutral	$312.00 ➝ $292.00	-2.00%
2/22/2023	UBS Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Buy	$350.00 ➝ $340.00	+14.17%
2/22/2023	Cowen Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Outperform	$379.00 ➝ $360.00	+21.06%
2/22/2023	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target		$360.00 ➝ $346.00	+17.09%
2/15/2023	Piper Sandler Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target		$320.00 ➝ $300.00	-6.06%
11/16/2022	Raymond James Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Outperform ➝ Market Perform
11/9/2022	MKM Partners Subscribe to MarketBeat All Access for the recommendation accuracy rating	David Bellinger Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target		$330.00 ➝ $312.00	+6.89%
10/19/2022	Exane BNP Paribas Subscribe to MarketBeat All Access for the recommendation accuracy rating	Chris Bottiglieri Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Outperform ➝ Neutral	$286.00	+2.01%

(Data available from 9/29/2018 forward. View 10+ years of historical ratings with our analyst ratings screener.)

HD Price Target - Frequently Asked Questions

What is Home Depot's consensus rating and price target?: According to the issued ratings of 29 analysts in the last year, the consensus rating for Home Depot stock is Moderate Buy based on the current 14 hold ratings and 15 buy ratings for HD. The average twelve-month price prediction for Home Depot is $340.47 with a high price target of $384.00 and a low price target of $286.00. 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.
Does Home Depot's stock price have much upside?: According to analysts, Home Depot's stock has a predicted upside of 6.95% based on their 12-month price targets.

What analysts cover Home Depot?: Home Depot has been rated by Argus, Barclays, Citigroup, DA Davidson, Evercore ISI, Guggenheim, HSBC, Jefferies Financial Group, JPMorgan Chase & Co., Loop Capital, Morgan Stanley, Oppenheimer, Robert W. Baird, Sanford C. Bernstein, Stifel Nicolaus, Telsey Advisory Group, The Goldman Sachs Group, Truist Financial, Wedbush, and Wells Fargo & Company in the past 90 days.

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This page (NYSE:HD) was last updated on 9/29/2023 by MarketBeat.com Staff

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