Home Depot Inc-The

Home Depot Inc-The Stock Forecast & Price Prediction

Live Home Depot Inc-The Stock (HD) Price
$388.37

33

Ratings

  • Buy 24
  • Hold 9
  • Sell 0
Disclaimer : Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance. This information is for educational purposes only and should not be construed as advice to buy or sell any security.

Stock Price

$388.37

P/E Ratio

26.88

Volume Traded Today

$7.1M

Dividend

$2.25

52 Week High/low

421.56/286.79

Home Depot Inc-The Market Cap

$385.77B

๐Ÿ›‘ Alert: These ten stocks could have higher potential than $HD ๐Ÿ›‘

Before you buy HD you'll want to see this list of ten stocks that have huge potential. Want to see if HD made the cut? Enter your email below

HD Summary

From what 33 stock analysts predict, the share price for Home Depot Inc-The (HD) might increase by 5.09% in the next year. This is based on a 12-month average estimation for HD. Price targets go from $290 to $466. The majority of stock analysts believe HD is a buy. Please note analyst price targets are not guaranteed and could be missed completely.

HD Analyst Ratings

HD is a stock in Consumer Cyclical which has been forecasted to be worth $408.13 as an average. On the higher end, the forecast price is $466 USD by Michael Baker from DA Davidson and on the lower end HD is forecasted to be $290 by Seth Basham from Wedbush.

HD stock forecast by analyst

These are the latest 20 analyst ratings of HD.

Analyst/Firm

Rating

Price Target

Change

Date

Zachary Fadem
Wells Fargo

Overweight

$430

Maintains

Nov 6, 2024
Seth Sigman
Barclays

Overweight

$420

Maintains

Nov 5, 2024
Max Rakhlenko
TD Cowen

Buy

$460

Maintains

Oct 28, 2024
Michael Baker
DA Davidson

Buy

$466

Maintains

Oct 25, 2024
Dean Rosenblum
Bernstein

Market Perform

$451

Initiates

Oct 22, 2024
Simeon Gutman
Morgan Stanley

Overweight

$450

Maintains

Oct 21, 2024
Scot Ciccarelli
Truist Securities

Buy

$455

Maintains

Oct 14, 2024
Laura Champine
Loop Capital

Buy

$460

Upgrade

Oct 9, 2024
Steven Forbes
Guggenheim

Buy

$450

Maintains

Oct 4, 2024
Chuck Grom
Gordon Haskett

Buy

$450

Upgrade

Oct 2, 2024
Peter Keith
Piper Sandler

Overweight

$455

Maintains

Sep 30, 2024
Timothy Horan
Oppenheimer

Perform

$400

Maintains

Sep 24, 2024
Karen Short
Melius Research

Buy

$420

Initiates

Sep 23, 2024
Laura Champine
Loop Capital

Hold

$360

Maintains

Sep 17, 2024
Joseph Feldman
Telsey Advisory Group

Market Perform

$360

Maintains

Sep 12, 2024
Michael Baker
DA Davidson

Buy

$430

Maintains

Sep 3, 2024
Scot Ciccarelli
Truist Securities

Buy

$395

Maintains

Aug 14, 2024
Steven Shemesh
RBC Capital

Sector Perform

$363

Maintains

Aug 14, 2024
Michael Lasser
UBS

Buy

$425

Maintains

Aug 14, 2024
Greg Melich
Evercore ISI Group

Outperform

$400

Maintains

Aug 14, 2024

HD Company Information

What They Do: Home improvement retailing and services.

Business Model: The company operates a retail business model, selling a wide range of home improvement products, building materials, and tools through physical stores and various online platforms. It generates revenue not only from product sales but also from installation services and tool rental services, catering to both homeowners and professional contractors.

Other Information: Founded in 1978 and headquartered in Atlanta, Georgia, the company has a diverse customer base that includes homeowners, professional renovators, and specialty tradesmen. It operates internationally and offers a robust e-commerce presence through multiple websites, enhancing accessibility and convenience for customers.
HD
Home Depot Inc-The (HD)

When did it IPO

1981

Staff Count

465,000

Country

United States

Sector/Industry

Consumer Cyclical/Home Improvement Retail

CEO

Mr. Edward P. Decker

Market Cap

$385.77B

Home Depot Inc-The (HD) Financial Data

In 2023, HD generated $157.40B in revenue, which was a increase of 4.13% from the previous year. This can be seen as a signal that HD's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.

Revenue From 2020

N/A

Revenue From 2021

$132.11B

0.00 %
From Previous Year

Revenue From 2022

$151.16B

14.42 %
From Previous Year

Revenue From 2023

$157.40B

4.13 %
From Previous Year
  • Revenue TTM $152.09B
  • Operating Margin TTM 15.1%
  • Gross profit TTM $50.96B
  • Return on assets TTM 15.3%
  • Return on equity TTM 513.4%
  • Profit Margin 9.7%
  • Book Value Per Share 4.45%
  • Market capitalisation $385.77B
  • Revenue for 2021 $132.11B
  • Revenue for 2022 $151.16B
  • Revenue for 2023 $157.40B
  • EPS this year (TTM) $14.45

Home Depot Inc-The (HD) Latest News

News Image

Tue, 05 Nov 2024

Sentiment - NEUTRAL

Source - CNBC Television

Summary - Joe Kernen from CNBC provides updates on current financial news. For specific developments, investors should refer to detailed reports and analyses.

Why It Matters - Joe Kernen's reports can influence market sentiment, impacting stock prices and investment decisions due to his insights on economic trends and company performance.

News Image

Wed, 06 Nov 2024

Sentiment - NEUTRAL

Source - Fox Business

Summary - Home Depot co-founder Bernie Marcus passed away at 95. His contributions to the home improvement industry are significant for investors to note.

Why It Matters - The death of Home Depot's co-founder could impact investor sentiment and stock performance, reflecting on the company's legacy and potential leadership changes.

News Image

Tue, 05 Nov 2024

Sentiment - NEUTRAL

Source - 24/7 Wall Street

Summary - Home Depot (NYSE: HD) has executed 13 stock splits since its IPO in 1981.

Why It Matters - Home Depot's frequent stock splits indicate a history of strong performance and growth, potentially attracting investors seeking long-term value and capital appreciation.

News Image

Wed, 06 Nov 2024

Sentiment - NEUTRAL

Source - The Motley Fool

Summary - Home Depot has adequate free cash flow to sustain its dividend payments.

Why It Matters - Strong free cash flow indicates Home Depot's financial health, ensuring reliable dividend payments, which can attract income-focused investors and support stock stability.

News Image

Wed, 06 Nov 2024

Sentiment - NEGATIVE

Source - The Motley Fool

Summary - Trump's potential victory may hinder the housing market's recovery efforts.

Why It Matters - Trump's victory may impact housing policies, affecting market confidence and investment opportunities, potentially stalling recovery in the housing sector.

News Image

Tue, 05 Nov 2024

Sentiment - NEUTRAL

Source - 24/7 Wall Street

Summary - November is expected to be volatile due to the U.S. election and other uncertainties, which may impact market movements significantly.

Why It Matters - Volatility in November signals potential market fluctuations, influenced by the U.S. election outcomes and other uncertainties, impacting investment strategies and risk assessments.

...

HD Frequently asked questions

The highest forecasted price for HD is $466 from Michael Baker at DA Davidson.

The lowest forecasted price for HD is $290 from Seth Basham from Wedbush

The HD analyst ratings consensus are 24 buy ratings, 9 hold ratings, and 0 sell ratings.