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The Home Depot (HD) Stock Forecast for 2024–2028. Sell or Buy?
Updated: April 18, 2024 (06:43)
Sector: Consumer cyclicalThe share price of The Home Depot, Inc. (HD) now
50/200 Day Moving Average: $368.46 / $333.06
This figure corresponds to the Average Price over the previous 50/200 days. For The Home Depot stocks, the 50-day moving average is the resistance level today.
For The Home Depot stocks, the 200-day moving average is the resistance level today.
Are you interested in The Home Depot, Inc. stocks and want to buy them, or are they already in your portfolio? If yes, then on this page you will find useful information about the dynamics of the The Home Depot stock price in 2024, 2025, 2026, 2027, 2028. How much will one The Home Depot share be worth in 2024 - 2028?
When should I take profit in The Home Depot stock? When should I record a loss on The Home Depot stock? What are analysts' forecasts for The Home Depot stock? What is the future of The Home Depot stock? We forecast The Home Depot stock performance using neural networks based on historical data on The Home Depot stocks. Also, when forecasting, technical analysis tools are used, world geopolitical and news factors are taken into account.
The Home Depot stock prediction results are shown below and presented in the form of graphs, tables and text information, divided into time intervals. (Next month, 2024, 2025, 2026, 2027 and 2028) The final quotes of the instrument at the close of the previous trading day are a signal to adjust the forecasts for The Home Depot shares. This happens once a day.
Historical and forecast chart of The Home Depot stock
The chart below shows the historical price of The Home Depot stock and a prediction chart for the next month. For convenience, prices are divided by color. Forecast prices include: Optimistic Forecast, Pessimistic Forecast, and Weighted Average Best Forecast. Detailed values for the The Home Depot stock price can be found in the table below.
Long-term forecasts by years.
Unlocking Home Depot Stock Potential: Insider Tips for Savvy Investors
As market analysts fine-tune their HD stock forecast, the spotlight turns towards critical factors that are poised to shape the future of Home Depot's stock rates. It's a blend of internal achievements and market dynamics that brings us a step closer to answering the pivotal question: is HD a good stock to buy, hold, or sell?
Key Indicators for Predicting HD's Financial Voyage
In the intricate dance of stock price forecasts, certain performances stand out. For Home Depot, the rhythm is set by factors such as comparable store sales growth, profit margin changes, the number of shares outstanding, and store expansion. Each of these elements plays a fundamental role in the HD stock price prediction narrative.
Firstly, comparable store sales growth, a robust measure of retail health, takes center stage. It's a powerful indicator fresh off the press that tells us, in real-time, how well Home Depot is faring against its own past successes and current market expectations. Seeing this figure climb would undoubtedly signal to investors that the HD stock price target is on an upwards trajectory.
- The art of profit margin mastery: Home Depot's knack for maintaining stout profit margins paints a picture of a company that knows its business inside out. It's a telling sign for analysts aiming for a bullseye in their HD stock forecast.
- The strategic play of share buybacks reducing the number of shares outstanding, thus polishing the allure of HD as a worthy investment, cannot be overstated. For those pondering whether to buy or sell The Home Depot stock, this tactic provides insight into the company's confident stride towards value enhancement.
- Last on the list but essential in building the foundation is the number of stores. While not the loudest trumpeter in the band, its impact reverberates through Home Depot's extensive network, supporting a solid base for growth.
Foretelling the direction of The Home Depot's stock price demands a comprehensive analysis of these pivotal factors. It's not about crystal ball gazing but about decoding the signs for the most accurate HD stock buy or sell decision. Armed with this information, analysts and investors alike can navigate the ebbs and flows of the market with greater confidence, potentially leading to rewarding outcomes in their investment adventures.
Review the original AnalysisThe Home Depot Stock Forecast: A Dynamic Look Ahead
As we navigate through an ever-evolving market landscape, the Home Depot's (HD) stock forecast becomes a focal point for analysts and investors alike. Two critical events are poised to significantly influence HD's stock rate in the near future: the acquisition of SRS Distribution and the historical trend of share buybacks. The acquisition is a strategic move to bolster Home Depot’s stance in the professional customer segment, promising revenue growth, enhanced cross-selling opportunities, and improved distribution capabilities. This development is pivotal for anyone pondering if HD is a good stock to buy.
Key Influencers on HD’s Stock Price Prediction
Analysts looking to make accurate HD stock price predictions must closely monitor the company's balance sheet and debt levels, especially in light of the recent acquisition which adds to its debt but is supported by strong cash flows. Furthermore, with HD's temporary pause on share buybacks, analysts should stay agile, watching for when these share buybacks resume, as their history suggests a potential positive impact on EPS and, consequently, HD stock prices.
Finally, the valuation of HD stock, having experienced significant gains recently, suggests it might be trading at a premium. Analysts and investors mulling over HD stock price targets must weigh this valuation carefully. Considering these factors can help provide a clearer HD stock forecast, aiding in the decision to buy or sell The Home Depot stock.
- Acquisition of SRS Distribution
- History of Share Buybacks
- Valuation and Financial Health of HD
In conclusion, by analyzing these pivotal factors, analysts can forge a well-rounded HD stock forecast, helping investors navigate their next move effectively in a rapidly changing market.
Review the original AnalysisUnlocking the Future: Predicting The Home Depot Stock Trends
As investors closely monitor HD stock forecasts, significant events on the horizon are projected to influence The Home Depot's stock rates. Notably, the acquisition of SRS Distribution emerges as a pivotal moment, poised to steer the company into a lucrative $50 billion market, thereby broadening its revenue streams and market dominance. This strategic move is perceived as a catalyst for The Home Depot stock forecast, potentially boosting its attractiveness to growth-oriented investors.
Navigating Financial Waters: What Analysts Need to Watch
However, it's not all smooth sailing. Analysts keen on delivering an accurate HD stock price prediction need to navigate two critical factors that might temper the company's stock trajectory. First, the increase in leverage alongside the suspension of share buybacks signifies a shift in financial strategy to accommodate this bold acquisition - a factor that could introduce a cautious tone among investors deliberating whether HD stock is a buy or sell. Second, the current stock valuation, which recently led to a downgrade from 'buy' to 'hold', unfurls a narrative of caution among investors, potentially affecting the HD stock price target.
To harness these insights for forecasting, analysts must blend these nuanced shifts in The Home Depot's financial and strategic landscape. By analyzing the balance between growth prospects through the SRS Distribution acquisition and the immediate financial adjustments it necessitates, analysts can sharpen their HD stock price predictions. Ultimately, whether considering HD as a good stock to buy or sell hinges on interpreting these vital signals within the broader market context, guiding investors towards informed decisions in a dynamic financial environment.
- The Home Depot's expansive leap with SRS Distribution
- Adjustments in financial strategy: increased leverage and pause on share buybacks
- Stock valuation and its impact on investor sentiment
The Home Depot, Inc. – American retail network for those who are going to fix or build a house. Home Depot operates in both the professional and DIY (do-it-yourself) segments. In addition to tools, paints, materials and garden accessories, Home Depot offers its customers services for the installation and delivery of various products and structures. After the deepest housing crisis, the company focused on the development of its American division. In addition to the United States, Home Depot is represented in Canada, Mexico and China.
The Home Depot daily forecast for a month
Date | Target | Pes. | Opt. | Vol., % |
---|---|---|---|---|
Apr 20 | 336.99 | 333.69 | 338.03 | 1.30 |
Apr 21 | 337.60 | 334.63 | 338.97 | 1.30 |
Apr 22 | 333.96 | 332.28 | 335.51 | 0.97 |
Apr 23 | 331.11 | 327.50 | 332.55 | 1.54 |
Apr 24 | 334.77 | 332.81 | 335.80 | 0.90 |
Apr 25 | 337.02 | 335.89 | 339.05 | 0.94 |
Apr 26 | 336.79 | 335.33 | 338.58 | 0.97 |
Apr 27 | 335.75 | 332.18 | 338.90 | 2.02 |
Apr 28 | 338.01 | 336.59 | 339.05 | 0.73 |
Apr 29 | 334.17 | 332.72 | 335.53 | 0.84 |
Apr 30 | 329.96 | 327.38 | 333.20 | 1.78 |
May 01 | 333.01 | 329.98 | 334.13 | 1.26 |
May 02 | 335.48 | 333.74 | 339.05 | 1.59 |
May 03 | 338.39 | 337.12 | 341.24 | 1.22 |
May 04 | 340.53 | 337.67 | 343.82 | 1.82 |
May 05 | 339.29 | 336.63 | 340.43 | 1.13 |
May 06 | 341.04 | 339.71 | 343.24 | 1.04 |
May 07 | 340.76 | 337.94 | 342.14 | 1.24 |
May 08 | 339.42 | 336.81 | 341.94 | 1.52 |
May 09 | 339.99 | 337.33 | 341.09 | 1.11 |
May 10 | 337.90 | 336.57 | 338.94 | 0.70 |
May 11 | 335.67 | 334.36 | 337.70 | 1.00 |
May 12 | 337.27 | 336.04 | 338.69 | 0.79 |
May 13 | 341.43 | 338.37 | 342.72 | 1.29 |
May 14 | 339.09 | 335.57 | 342.65 | 2.11 |
May 15 | 340.13 | 338.61 | 342.99 | 1.29 |
May 16 | 337.84 | 334.53 | 339.69 | 1.54 |
May 17 | 337.80 | 335.62 | 340.73 | 1.52 |
May 18 | 337.66 | 334.25 | 339.22 | 1.49 |
May 19 | 334.02 | 331.12 | 336.40 | 1.60 |
The Home Depot Daily Price Targets
The Home Depot Stock Forecast 04-20-2024.
Forecast target price for 04-20-2024: $336.99.
Positive dynamics for The Home Depot shares will prevail with possible volatility of 1.284%.
Pessimistic target level: 333.69
Optimistic target level: 338.03
The Home Depot Stock Forecast 04-21-2024.
Forecast target price for 04-21-2024: $337.60.
Positive dynamics for The Home Depot shares will prevail with possible volatility of 1.283%.
Pessimistic target level: 334.63
Optimistic target level: 338.97
The Home Depot Stock Forecast 04-22-2024.
Forecast target price for 04-22-2024: $333.96.
Negative dynamics for The Home Depot shares will prevail with possible volatility of 0.962%.
Pessimistic target level: 332.28
Optimistic target level: 335.51
The Home Depot Stock Forecast 04-23-2024.
Forecast target price for 04-23-2024: $331.11.
Negative dynamics for The Home Depot shares will prevail with possible volatility of 1.519%.
Pessimistic target level: 327.50
Optimistic target level: 332.55
The Home Depot Stock Forecast 04-24-2024.
Forecast target price for 04-24-2024: $334.77.
Positive dynamics for The Home Depot shares will prevail with possible volatility of 0.893%.
Pessimistic target level: 332.81
Optimistic target level: 335.80
The Home Depot Stock Forecast 04-25-2024.
Forecast target price for 04-25-2024: $337.02.
Positive dynamics for The Home Depot shares will prevail with possible volatility of 0.932%.
Pessimistic target level: 335.89
Optimistic target level: 339.05
HD (HD) Monthly Stock Prediction for 2024
Month | Target | Pes. | Opt. | Vol., % |
---|---|---|---|---|
May. | 324.51 | 314.61 | 328.40 | 4.20 |
Jun. | 335.71 | 327.65 | 345.61 | 5.20 |
Jul. | 340.57 | 334.44 | 346.53 | 3.49 |
Aug. | 330.70 | 317.47 | 341.77 | 7.11 |
Sep. | 336.98 | 333.44 | 349.95 | 4.72 |
Oct. | 329.06 | 323.80 | 339.43 | 4.61 |
Nov. | 334.82 | 324.61 | 341.01 | 4.81 |
Dec. | 338.00 | 326.00 | 349.83 | 6.81 |
The Home Depot forecast for this year
The Home Depot Stock Prediction for May 2024
An downtrend is forecast for this month with an optimal target price of $324.509. Pessimistic: $314.61. Optimistic: $328.40
The Home Depot Stock Prediction for Jun 2024
An uptrend is forecast for this month with an optimal target price of $335.705. Pessimistic: $327.65. Optimistic: $345.61
The Home Depot Stock Prediction for Jul 2024
An uptrend is forecast for this month with an optimal target price of $340.573. Pessimistic: $334.44. Optimistic: $346.53
The Home Depot Stock Prediction for Aug 2024
An downtrend is forecast for this month with an optimal target price of $330.696. Pessimistic: $317.47. Optimistic: $341.77
The Home Depot Stock Prediction for Sep 2024
An uptrend is forecast for this month with an optimal target price of $336.979. Pessimistic: $333.44. Optimistic: $349.95
The Home Depot Stock Prediction for Oct 2024
An downtrend is forecast for this month with an optimal target price of $329.06. Pessimistic: $323.80. Optimistic: $339.43
The Home Depot Stock Prediction for Nov 2024
An uptrend is forecast for this month with an optimal target price of $334.819. Pessimistic: $324.61. Optimistic: $341.01
The Home Depot Stock Prediction for Dec 2024
An uptrend is forecast for this month with an optimal target price of $337.999. Pessimistic: $326.00. Optimistic: $349.83
The Home Depot (HD) Monthly Stock Prediction for 2025
Month | Target | Pes. | Opt. | Vol., % |
---|---|---|---|---|
Jan | 340.37 | 329.64 | 344.79 | 4.39 |
Feb | 340.88 | 329.80 | 353.83 | 6.79 |
Mar | 334.74 | 324.70 | 347.80 | 6.64 |
Apr | 328.55 | 319.35 | 335.45 | 4.80 |
May | 320.50 | 316.81 | 332.68 | 4.77 |
Jun | 335.56 | 330.70 | 345.80 | 4.37 |
Jul | 339.09 | 333.32 | 346.21 | 3.72 |
Aug | 336.03 | 330.99 | 348.80 | 5.11 |
Sep | 352.67 | 345.97 | 358.13 | 3.40 |
Oct | 357.43 | 350.99 | 368.87 | 4.85 |
Nov | 365.29 | 357.26 | 378.81 | 5.69 |
Dec | 348.31 | 343.43 | 359.80 | 4.55 |
The Home Depot (HD) Monthly Stock Prediction for 2026
Month | Target | Pes. | Opt. | Vol., % |
---|---|---|---|---|
Jan | 348.13 | 338.04 | 361.88 | 6.59 |
Feb | 340.65 | 330.94 | 352.23 | 6.04 |
Mar | 326.68 | 319.98 | 332.23 | 3.69 |
Apr | 321.45 | 313.26 | 329.97 | 5.07 |
May | 332.86 | 322.55 | 337.53 | 4.44 |
Jun | 325.38 | 315.78 | 332.05 | 4.90 |
Jul | 321.96 | 316.00 | 334.35 | 5.49 |
Aug | 306.18 | 303.12 | 318.43 | 4.81 |
Sep | 297.92 | 294.49 | 302.98 | 2.80 |
Oct | 304.62 | 292.59 | 308.12 | 5.04 |
Nov | 294.72 | 285.44 | 301.06 | 5.19 |
Dec | 307.24 | 298.18 | 316.92 | 5.91 |
The Home Depot (HD) Monthly Stock Prediction for 2027
Month | Target | Pes. | Opt. | Vol., % |
---|---|---|---|---|
Jan | 300.95 | 290.56 | 305.31 | 4.83 |
Feb | 311.63 | 301.50 | 320.20 | 5.84 |
Mar | 310.23 | 298.28 | 314.88 | 5.27 |
Apr | 322.48 | 315.71 | 333.28 | 5.27 |
May | 325.71 | 314.96 | 336.45 | 6.39 |
Jun | 329.29 | 317.43 | 339.99 | 6.63 |
Jul | 331.43 | 324.80 | 343.69 | 5.50 |
Aug | 339.72 | 332.58 | 352.62 | 5.68 |
Sep | 326.98 | 315.53 | 333.02 | 5.25 |
Oct | 324.20 | 312.69 | 332.30 | 5.90 |
Nov | 322.74 | 316.12 | 327.09 | 3.35 |
Dec | 316.12 | 307.43 | 327.98 | 6.27 |
The Home Depot (HD) Monthly Stock Prediction for 2028
Month | Target | Pes. | Opt. | Vol., % |
---|---|---|---|---|
Jan | 314.38 | 307.62 | 318.16 | 3.31 |
Feb | 306.52 | 302.08 | 317.71 | 4.92 |
Mar | 304.53 | 296.92 | 313.67 | 5.34 |
Apr | 313.51 | 306.15 | 324.02 | 5.52 |
May | 313.67 | 304.89 | 316.96 | 3.81 |
Jun | 319.47 | 307.17 | 327.30 | 6.15 |
Jul | 331.45 | 326.32 | 335.76 | 2.81 |
Aug | 337.75 | 330.49 | 350.25 | 5.64 |
Sep | 343.32 | 338.86 | 351.56 | 3.61 |
Oct | 339.38 | 326.82 | 344.13 | 5.03 |
Nov | 333.27 | 319.94 | 341.27 | 6.25 |
Dec | 329.60 | 325.65 | 339.98 | 4.22 |
The Home Depot information and performance
2455 PACES FERRY ROAD, ATLANTA, GA, US
Market capitalization of the The Home Depot, Inc. is the total market value of all issued shares of a company. It is calculated by the formula multiplying the number of HD shares in the company outstanding by the market price of one share.
EBITDA of The Home Depot is earnings before interest, income tax and depreciation of assets.
P/E ratio (price to earnings) - shows the ratio between the price of a share and the company's profit
Price/earnings to growth
Dividend Per Share is a financial indicator equal to the ratio of the company's net profit available for distribution to the annual average of ordinary shares.
Dividend yield is a ratio that shows how much a company pays in dividends each year at the stock price.
EPS shows how much of the net profit is accounted for by the common share.
Trailing P/E depends on what has already been done. It uses the current share price and divides it by the total earnings per share for the last 12 months.
Forward P/E uses projections of future earnings instead of final numbers.
Enterprise Value (EV) /Revenue
The EV / EBITDA ratio shows the ratio of the cost (EV) to its profit before tax, interest and amortization (EBITDA).
Number of issued ordinary shares
Number of freely tradable shares
Shares Short Prior Month - the number of shares in short positions in the last month.
The Home Depot (HD) stock dividend
The Home Depot last paid dividends on 03/06/2024. The next scheduled payment will be on 03/21/2024. The amount of dividends is $8.52 per share. If the date of the next dividend payment has not been updated, it means that the issuer has not yet announced the exact payment. As soon as information becomes available, we will immediately update the data. Bookmark our portal to stay updated.
Last Split Date: 01/01/1970
Splitting of shares is an increase in the number of securities of the issuing company circulating on the market due to a decrease in their value at constant capitalization.
For example, a 5: 1 ratio means that the value of one share will decrease 5 times, the total amount will increase 5 times. It is important to understand that this procedure does not change the capitalization of the company, as well as the total value of assets held in private hands.
Related stocks from Consumer cyclical sector
All forecast data on the site are provided for informational purposes of using neural forecasting tools in the financial market and are not a call to action and, moreover, are not trading signals. When using the forecast data, the investor assumes all financial risks. The pandaforecast.com portal is not responsible for the loss of your money in the stock market as a result of using the information contained on the site.