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Home Depot (HD)
NYSE:HD

Home Depot Stock Forecast & Price Target

12,186 Followers
See the Price Targets and Ratings of:

Analyst Rating Consensus

Strong Buy
18Ratings
15 Buy
3 Hold
0 Sell
Based on 18 analysts giving stock ratings to
Home
Depot
in the past 3 months
TipRanks enables you to focus on the analyst rating consensus of all analysts or only the top performers​ in the past 3 months

HD Stock Price Prediction

Average Price Target

$362.18
▲(24.87% Upside)
Based on 18 Wall Street analysts offering 12 month price targets for Home Depot in the last 3 months. The average price target is $362.18 with a high forecast of $450.00 and a low forecast of $310.00. The average price target represents a 24.87% change from the last price of $290.05.
Highest Price Target$450.00Average Price Target$362.18Lowest Price Target$310.00
The highest, average, and lowest price target of all analysts. Click on ‘Top Analysts’ to focus on the best performers.

Detailed List of Analyst Forecasts​

Analyst Profile
Expert Firm
Price Target
Position
Upside / Downside
Action
Date
Follow
Article
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Morgan Stanley
$360.00
Buy
24.12%
Upside
Reiterated
Home Depot (HD) Receives a Buy from Morgan Stanley
Evercore ISI
$380.00
Buy
31.01%
Upside
Reiterated
Home Depot (HD) PT Raised to $380 at Evercore ISIEvercore ISI analyst Greg Melich raised the price target on Home Depot (NYSE: HD) to $380.00 (from $375.00) while maintaining a Outperform rating.
Robert W. Baird
$335.00
Buy
15.50%
Upside
Reiterated
Home Depot price target raised to $360 from $335 at BairdHome Depot price target raised to $360 from $335 at Baird
Wells Fargo
$350.00
Buy
20.67%
Upside
Assigned
Home Depot stock climbs toward 5-month high as incredibly resilient customers, inflation boost sales above expectationsAll in, the housing overhang remains, yet we see valuation discounted accordinglyand considering a business firing on most cylinders, we believe the shares can work nicely from here, Fadem wrote in a note to clients.
J.P. Morgan
$347.00
Buy
19.63%
Upside
Reiterated
Analysts Offer Insights on Consumer Goods Companies: Home Depot (NYSE: HD) and Bath & Body Works (NYSE: BBWI)
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HD Stock Forecast FAQ

What is HD’s average 12-month price target, according to analysts?
Based on analyst ratings, Home Depot’s 12-month average price target is $362.18.
    What is HD’s upside potential, based on the analysts’ average price target?
    Home Depot has 24.87% upside potential, based on the analysts’ average price target.
      Can I see which stocks the top-ranking analysts are rating?
      Yes, go to the Analysts’ Top Stocks tool to see stocks with a Strong Buy or Strong Sell analyst rating consensus, according to the top performers.
        How can I follow the stock ratings of top Wall Street analysts?
        Head over to our Expert Center to see a list of the top 100 Wall Street analysts and follow the analysts of your choice. Visit their profiles for more details about their stock ratings and see how they perform on a stock-by-stock basis.
          Is HD a Buy, Sell or Hold?
          Home Depot has a conensus rating of Strong Buy which is based on 15 buy ratings, 3 hold ratings and 0 sell ratings.
            What is Home Depot’s price target?
            The average price target for Home Depot is $362.18. This is based on 18 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
            The highest analyst price target is $450.00 ,the lowest forecast is $310.00. The average price target represents 24.87% Increase from the current price of $290.05.
              What do analysts say about Home Depot?
              Home Depot’s analyst rating consensus is a ‘Strong Buy. This is based on the ratings of 18 Wall Streets Analysts.

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