$335.36
2.47[0.74%]
At close: Apr 19
$335.36
0[0.00%]
After Hours: 6:55PM EDT
Home Depot Stock (NYSE:HD), Analyst Ratings, Price Targets, Predictions
The Home Depot Inc has a consensus price target of $347.14, established from looking at the 100 latest analyst ratings. The last 3 analyst ratings were released from Truist Securities, Evercore ISI Group, and Guggenheim on April 17, 2024, April 16, 2024, and April 5, 2024. With an average price target of $407.33 between Truist Securities, Evercore ISI Group, and Guggenheim, there's an implied 21.46% upside for The Home Depot Inc from these 3 analyst ratings.
Analyst Firms Making Recommendations1
Truist Securities
Evercore ISI Group
Guggenheim
HSBC
Zelman & Assoc
1calculated from analyst ratings published within the last 3 years
Analyst Ratings for Home Depot
date | ticker | Buy Now | Company | Current price | Upside/Downside | Analyst Firm | Analyst & % Accurate | Price Target Change | Rating Change | Previous / Current Rating | Get Alert |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 04/17/2024 | HD | Buy Now | Home Depot | $335.36 | 24.34% | Truist Securities | Scot Ciccarelli | $417 → $417 | Maintains | Buy | Get Alert |
| 04/16/2024 | HD | Buy Now | Home Depot | $335.36 | 23.75% | Evercore ISI Group | Greg Melich | $420 → $415 | Maintains | Outperform | Get Alert |
| 04/05/2024 | HD | Buy Now | Home Depot | $335.36 | 16.29% | Guggenheim | Steven Forbes | → $390 | Reiterates | Buy → Buy | Get Alert |
| 04/03/2024 | HD | Buy Now | Home Depot | $335.36 | -3.69% | HSBC | Daniela Bretthauer | → $323 | Reiterates | Reduce → Reduce | Get Alert |
| 04/02/2024 | HD | Buy Now | Home Depot | $335.36 | — | Zelman & Assoc | — | — | Upgrade | Neutral → Outperform | Get Alert |
| 04/02/2024 | HD | Buy Now | Home Depot | $335.36 | 26.73% | Evercore ISI Group | Greg Melich | $420 → $425 | Maintains | Outperform | Get Alert |
| 04/01/2024 | HD | Buy Now | Home Depot | $335.36 | 10.33% | DA Davidson | Michael Baker | $370 → $370 | Maintains | Neutral | Get Alert |
| 04/01/2024 | HD | Buy Now | Home Depot | $335.36 | 24.34% | Truist Securities | Scot Ciccarelli | $386 → $417 | Maintains | Buy | Get Alert |
| 04/01/2024 | HD | Buy Now | Home Depot | $335.36 | 7.35% | Telsey Advisory Group | Joseph Feldman | $335 → $360 | Maintains | Market Perform | Get Alert |
| 04/01/2024 | HD | Buy Now | Home Depot | $335.36 | 22.26% | Wedbush | Seth Basham | $380 → $410 | Maintains | Outperform | Get Alert |
| 04/01/2024 | HD | Buy Now | Home Depot | $335.36 | 26.73% | B of A Securities | Elizabeth Suzuki | $400 → $425 | Maintains | Buy | Get Alert |
| 03/26/2024 | HD | Buy Now | Home Depot | $335.36 | 25.24% | Evercore ISI Group | Greg Melich | $410 → $420 | Maintains | Outperform | Get Alert |
| 03/19/2024 | HD | Buy Now | Home Depot | $335.36 | 23.75% | Mizuho | David Bellinger | → $415 | Initiates | → Buy | Get Alert |
| 03/04/2024 | HD | Buy Now | Home Depot | $335.36 | 31.2% | TD Cowen | Max Rakhlenko | $415 → $440 | Maintains | Outperform | Get Alert |
| 02/26/2024 | HD | Buy Now | Home Depot | $335.36 | 12.42% | RBC Capital | Steven Shemesh | $299 → $377 | Maintains | Sector Perform | Get Alert |
| 02/21/2024 | HD | Buy Now | Home Depot | $335.36 | 16.29% | Guggenheim | Steven Forbes | $370 → $390 | Maintains | Buy | Get Alert |
| 02/21/2024 | HD | Buy Now | Home Depot | $335.36 | 23.75% | Citigroup | Steven Zaccone | $333 → $415 | Maintains | Buy | Get Alert |
| 02/21/2024 | HD | Buy Now | Home Depot | $335.36 | 15.1% | Truist Securities | Scot Ciccarelli | $387 → $386 | Maintains | Buy | Get Alert |
| 02/21/2024 | HD | Buy Now | Home Depot | $335.36 | 13.31% | Wedbush | Seth Basham | → $380 | Reiterates | Outperform → Outperform | Get Alert |
FAQ
What is the target price for Home Depot (HD)?
The latest price target for Home Depot (NYSE: HD) was reported by Truist Securities on April 17, 2024. The analyst firm set a price target for $417.00 expecting HD to rise to within 12 months (a possible 24.34% upside). 85 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for Home Depot (HD)?
The latest analyst rating for Home Depot (NYSE: HD) was provided by Truist Securities, and Home Depot maintained their buy rating.
When was the last upgrade for Home Depot (HD)?
The last upgrade for The Home Depot Inc happened on April 2, 2024 when Zelman & Assoc raised their price target to N/A. Zelman & Assoc previously had a neutral for The Home Depot Inc.
When was the last downgrade for Home Depot (HD)?
The last downgrade for The Home Depot Inc happened on February 21, 2024 when HSBC changed their price target from N/A to $323 for The Home Depot Inc.
When is the next analyst rating going to be posted or updated for Home Depot (HD)?
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Home Depot, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Home Depot was filed on April 17, 2024 so you should expect the next rating to be made available sometime around April 17, 2025.
Is the Analyst Rating Home Depot (HD) correct?
While ratings are subjective and will change, the latest Home Depot (HD) rating was a maintained with a price target of $417.00 to $417.00. The current price Home Depot (HD) is trading at is $335.36, which is out of the analyst’s predicted range.
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