Wall Street analyst estimates for The Home Depot, Inc. (HD): consensus price target, buy/hold/sell recommendations and forecasts for revenue and EPS for the upcoming fiscal years.
The Home Depot, Inc. operates as a prominent retailer specializing in home renovation and improvement. Through its expansive network of "The Home Depot" stores, it furnishes consumers with an extensive array of goods, including building materials, home enhancement products, lawn and garden supplies, decorative items, and facilities maintenance, repair, and operational (MRO) supplies.
Consensus price target
$378.64 (+11 % vs price $341.15)
between $322.00 and $425.00 · 11 targets published in the last quarter
Closing price, Nov 2
A twelve-month target is not a fair value: compare it with the range in the Valuation tab.
Revenue and EPS estimates
| Fiscal year | Revenue (average) | Revenue (low – high) | EPS (average) | Analysts |
|---|---|---|---|---|
| 2027E | $172B | $171B – $172B | $15.00 | 21 |
| 2028E | $177B | $175B – $179B | $15.91 | 21 |
| 2029E | $185B | $180B – $188B | $17.25 | 9 |
Fiscal year ending in February · figures in USD · consensus as of November 2, 2026
Analyst Consensus
| Strong Buy | 1 |
| Buy | 36 |
| Hold | 22 |
| Sell | 4 |
| Strong Sell | 0 |
| Total analysts | 63 |
| Avg rating (−2 sell to +2 buy) | 0.54 |
Recent Earnings Surprises
| Date | EPS Actual | EPS Est. | vs Est. |
|---|---|---|---|
| 2026-11-17 | $3.83 | ||
| 2026-08-18 | $4.92 | $4.73 | +4.0% |
| 2026-05-19 | $3.43 | $3.41 | +0.6% |
| 2026-02-24 | $2.72 | $2.53 | +7.5% |
| 2025-11-18 | $3.74 | $3.83 | -2.3% |
| 2025-08-19 | $4.68 | $4.72 | -0.8% |
| 2025-05-20 | $3.56 | $3.60 | -1.1% |
| 2025-02-25 | $3.13 | $3.04 | +3.0% |
Valuation Ratios
| P/E Ratio | 23.87 |
| Price / Book | 19.69 |
| Dividend Yield | 2.82% |
Income Statement (10y)
| Year | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $94.59B | $100.90B | $108.20B | $110.22B | $132.11B | $151.16B | $157.40B | $152.67B | $159.51B | $164.68B |
| Cost of Revenue | $62.28B | $66.55B | $71.04B | $72.65B | $87.26B | $100.33B | $104.62B | $101.71B | $106.21B | $109.82B |
| Gross Profit | $32.31B | $34.36B | $37.16B | $37.57B | $44.85B | $50.83B | $52.78B | $50.96B | $53.31B | $54.87B |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Selling, General & Admin | $17.13B | $17.86B | $19.51B | $19.74B | $24.45B | $25.41B | $26.28B | $26.60B | $28.75B | $30.70B |
| Operating Expenses | $18.89B | $19.68B | $21.63B | $21.73B | $26.57B | $27.79B | $28.74B | $29.27B | $31.78B | $33.98B |
| Operating Income | $13.43B | $14.68B | $15.53B | $15.84B | $18.28B | $23.04B | $24.04B | $21.69B | $21.53B | $20.89B |
| EBITDA | $15.44B | $16.82B | $17.93B | $18.21B | $20.84B | $25.95B | $27.07B | $25.11B | $25.43B | $25.14B |
| Interest Expense | $972.0M | $1.06B | $1.05B | $1.20B | $1.35B | $1.35B | $1.62B | $1.94B | $2.32B | $2.41B |
| Pre-tax Income | $12.49B | $13.70B | $14.56B | $14.71B | $16.98B | $21.74B | $22.48B | $19.92B | $19.41B | $18.60B |
| Income Tax | $4.53B | $5.07B | $3.44B | $3.47B | $4.11B | $5.30B | $5.37B | $4.78B | $4.60B | $4.45B |
| Net Income | $7.96B | $8.63B | $11.12B | $11.24B | $12.87B | $16.43B | $17.11B | $15.14B | $14.81B | $14.16B |
| EPS | $6.47 | $7.33 | $9.78 | $10.29 | $11.98 | $15.59 | $16.74 | $15.16 | $14.96 | $14.27 |
| EPS (Diluted) | $6.45 | $7.29 | $9.73 | $10.25 | $11.94 | $15.53 | $16.69 | $15.11 | $14.91 | $14.23 |
| Shares Outstanding (Diluted) | 1,234.0 M | 1,184.0 M | 1,143.0 M | 1,097.0 M | 1,078.0 M | 1,058.0 M | 1,025.0 M | 1,002.0 M | 993.0 M | 997.0 M |
Price
| Price | $341.15 (closing price, November 2, 2026) |
| Market Cap | $340.4B |
| Exchange | NYSE |
| Country | US |
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Explore sector: Consumer Cyclical · Home Improvement
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