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The Home Depot Inc has a consensus price target of $422.54 based on the ratings of 30 analysts. The high is $466 issued by DA Davidson on October 25, 2024. The low is $318 issued by HSBC on May 15, 2024. The 3 most-recent analyst ratings were released by Stifel, Telsey Advisory Group, and Truist Securities on November 14, 2024, November 13, 2024, and November 13, 2024, respectively. With an average price target of $441.67 between Stifel, Telsey Advisory Group, and Truist Securities, there's an implied 12.50% upside for The Home Depot Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Home Depot (NYSE:HD) was reported by Stifel on November 14, 2024. The analyst firm set a price target for $405.00 expecting HD to rise to within 12 months (a possible 3.16% upside). 80 analyst firms have reported ratings in the last year.
The latest analyst rating for Home Depot (NYSE:HD) was provided by Stifel, and Home Depot maintained their hold rating.
The last upgrade for The Home Depot Inc happened on November 8, 2024 when Telsey Advisory Group raised their price target to $455. Telsey Advisory Group previously had a market perform for The Home Depot Inc.
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.
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 November 14, 2024 so you should expect the next rating to be made available sometime around November 14, 2025.
While ratings are subjective and will change, the latest Home Depot (HD) rating was a maintained with a price target of $400.00 to $405.00. The current price Home Depot (HD) is trading at is $392.61, which is out of the analyst’s predicted range.
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