
Home Depot (HD) Stock Forecast & Price Target
Home Depot (HD) Analyst Ratings
Bulls say
Home Depot has reported strong synergies from its acquisition of SRS, leading to record contractor spending and significant growth in the professional market amidst a challenging housing environment. The company's total addressable market has expanded to $1.1 trillion, with a focus on both DIY and complex professional sectors, giving Home Depot a current market share of 15% based on last twelve months (LTM) sales of $166 billion. Additionally, with expectations for total sales growth of 5%-6% and a robust recovery seen in its Pro business, Home Depot is well-positioned for earnings per share (EPS) growth in the low to mid-single digits.
Bears say
Home Depot's guidance for 2025 indicates a projected decline in adjusted earnings per share (EPS) of approximately 5% to $14.48, alongside a decrease in same-store sales growth expectations to 1.5%, compared to previous estimates of 2.0%. The company faces significant headwinds with a housing turnover rate at around 2.9%, well below the long-term average of 4.1%, limiting potential sales growth. Additionally, the expansion into wholesale distribution is currently impacting margins negatively, compounded by recent wage and capital investments that hinder the path to recover prior peak profit margins.
This aggregate rating is based on analysts' research of Home Depot and is not a guaranteed prediction by Public.com or investment advice.
Home Depot (HD) Analyst Forecast & Price Prediction
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