
Home Depot (HD) Stock Forecast & Price Target
Home Depot (HD) Analyst Ratings
Bulls say
Home Depot is expected to see strong growth in sales, driven by the positive outlook for home improvement projects and the continued expansion of their professional demand segment through recent acquisitions. Additionally, the company's focus on their PRO ecosystem initiatives and merchandise execution teams is expected to drive continued market share capture. Despite potential downside risks from competition and labor costs, Home Depot's strong financial performance and consistent execution make it a solid investment option.
Bears say
Home Depot is showing signs of growth in its operating results, with higher net sales and a lower-than-expected adjusted SG&A, but its gross margin is being negatively impacted by pricing-related headwinds within its roofing segment. Despite the potential for cross-selling synergies and the expansion of its complex PRO ecosystem, the company's earnings are being fine-tuned due to macroeconomic concerns and uncertainty in the industry. This, combined with pressure on larger projects and the ongoing strength of its pro-comp segment, leads to a negative outlook on the stock.
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
Start investing in Home Depot (HD)
Order type
Buy in
Order amount
Est. shares
0 shares