Wall Street analyst price targets, ratings consensus & upside potential · Updated Feb 28, 2026
Last 12 months price action with 12-month analyst target path
As of March 1, 2026, The Home Depot, Inc. (HD) has a Wall Street consensus price target of $414.92, based on estimates from 61 covering analysts. With the stock currently trading at $380.72, this represents a potential upside of +9.0%. The company has a market capitalization of $378.44B.
Analyst price targets range from a low of $320.00 to a high of $497.00, representing a 43% spread in expectations. The median target of $422.00 aligns closely with the consensus average.
The current analyst consensus rating is Buy, with 38 analysts rating the stock as a Buy or Strong Buy,19 rating it Hold, and 4 rating it Sell or Strong Sell. The positive sentiment balance indicates moderate optimism about the stock prospects.
From a valuation perspective, HD trades at a trailing P/E of 26.8x and forward P/E of 25.2x. The forward PEG ratio of 7.07 reflects a premium valuation. Analysts expect EPS to grow +6.2% over the next year.
Our proprietary valuation model, which blends historical multiples with forward estimates, suggests a base-case price target of $423.51, with bear and bull scenarios of $351.51 and $580.85 respectively. Model confidence stands at 70/100, indicating high predictability in the company's fundamentals.
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Start ComparisonThe consensus price target for HD is $414.92, close to the current price of $380.72 (9.0% implied move). Based on 61 analyst estimates, the stock appears fairly valued near current levels.
HD has a consensus rating of "Buy" based on 61 Wall Street analysts. The rating breakdown is predominantly bullish, with 38 Buy/Strong Buy ratings. The consensus 12-month price target of $414.92 implies 9.0% upside from current levels.
HD trades at a forward P/E of 25.241x, representing a moderate valuation. With analysts targeting $414.92 (9.0% implied move), the stock appears reasonably valued with upside.
The most bullish Wall Street analyst has a price target of $497 for HD, while the most conservative target is $320. The consensus of $414.92 represents the median expectation. Our quantitative valuation model projects a bull case target of $581 based on optimistic growth and margin assumptions. These targets typically reflect 12-month expectations.
HD is heavily covered by Wall Street, with 61 analysts providing price targets and ratings. Of these, 1 have Strong Buy ratings, 37 have Buy ratings, 19 recommend Hold, and 4 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.
The 12-month HD stock forecast based on 61 Wall Street analysts shows a consensus price target of $414.92, with estimates ranging from $320 (bear case) to $497 (bull case). The median consensus rating is "Buy". Our proprietary valuation model produces a base case fair value of $424, with bear/bull scenarios of $352/$581.
Our quantitative valuation model calculates HD's fair value at $424 (base case), with a bear case of $352 and bull case of $581. The model uses discounted cash flow analysis, historical growth rates, and margin mean-reversion to project FY+2 earnings, then applies an appropriate P/E multiple. The model confidence score is 70/100.
HD trades at a forward P/E ratio of 25.2x based on next-twelve-months earnings estimates compared to a trailing P/E of 26.8x. The lower forward P/E indicates analysts expect earnings growth. A forward P/E is useful for comparing valuations when earnings are expected to change significantly.
HD appears fairly valued according to analysts, with a "Buy" rating and minimal upside to the $414.92 target. Consider your investment thesis and risk tolerance. This information is for educational purposes only. Always conduct your own research, consider your financial situation, and consult a financial advisor before making investment decisions.
HD analyst price targets range from $320 to $497, a 43% moderate spread showing some variance in outlooks. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $414.92 consensus represents the middle ground. Our model's $352-$581 range provides an independent fundamental perspective.