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The Home Depot (HD) Stock Forecast for 2024–2028. Sell or Buy?
Updated: March 28, 2024 (06:43)
Sector: Consumer cyclicalThe share price of The Home Depot, Inc. (HD) now
50/200 Day Moving Average: $367.77 / $329.19
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 support level today.
For The Home Depot stocks, the 200-day moving average is the support 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.
Home Depot's Stock Outlook: Navigating a Turbulent Market
In the ever-evolving landscape of stock market investments, pinpointing factors that will shape the future of a company's stock price is paramount. For Home Depot (HD), two primary elements stand out as pivotal for analysts and investors alike to consider. Firstly, the repair and remodel market's expected downturn in 2024 looms large over Home Depot's prospects. With a weakened demand for housing upgrades, Home Depot's sales and profitability are anticipated to take a hit, inevitably influencing the stock's valuation negatively. This anticipation of a less robust remodeling sector serves as a crucial indicator for forecasting HD's stock trajectory.
Analyzing Home Depot's Valuation Concerns
Additionally, Home Depot's current valuation poses significant questions for its stock's future performance. The company's stock trades at a premium compared to its historical averages and that of its competitor, Lowe's, raising concerns about its sustainability. Given the underwhelming results and the market challenges ahead, this overvaluation emerges as a critical factor for analysts. By scrutinizing these aspects—
- The anticipated weakness in the repair and remodel market
- The company's current stock valuation compared to historical and competitive benchmarks
—analysts can construct more accurate predictions regarding HD's stock behavior. Understanding the interplay of these elements provides a comprehensive outlook, allowing for informed investment decisions in the face of Home Depot's challenging times ahead.
Review the original AnalysisThe Pulse of Home Depot's Stock Amidst Market Waves
Forecasting the trajectory of Home Depot (HD) stocks demands a multifaceted analysis, given the amalgamation of external and internal factors at play. Prominent among these, macroeconomic conditions stand out as a pivotal influencer. The intricate dance of inflation, interest rates, and consumer spending patterns can significantly sway HD's financial performance, making it a crucial element for analysts to watch. Similarly, the temperamental state of the housing market, characterized by elevated borrowing costs and a dire supply crunch, presents a labyrinthine challenge, with its recovery or continued stagnation poised to impact HD's sales figures directly.
Deciphering Economic and Housing Market Signals
For those looking to decode the future movements of HD's stock prices, a comprehensive understanding of these broader economic indicators and housing market trends is indispensable. Furthermore, HD's internal strategies, particularly its foray into the complex pro monetization segment and its dividend policy's attractiveness to income-focused investors, require close scrutiny. Equally, the company's balance sheet health, marred by increasing net debt and shrinking net income margins, offers vital clues.
By synthesizing these disparate streams of data—weighing the macroeconomic climate's implications alongside HD's strategic initiatives and financial health—an analyst can forge a nuanced prediction of HD's stock trajectory. Success hinges on the agile interpretation of unfolding economic narratives and HD's adaptive strategies within the competitive retail landscape.
Review the original AnalysisUnveiling The Future: Navigating HD Stock Predictions Amid Market Changes
As we venture into the fiscal year 2024, The Home Depot (HD) stock forecast appears to be at the mercy of several pivotal events and market forces. Analysts peering into HD's future must keenly observe the looming weak home improvement market, primarily stifled by high-interest rates and a dip in personal consumption. This significant trend is poised to be a decisive factor impacting HD stock prices, making it a critical area for investors to monitor.
Key Indicators for HD Stock Predictions
In addition to the broad market challenges, specific internal factors such as lumber deflation and reduced demand for big-ticket discretionary purchases like flooring and cabinets are expected to exert pressure on HD's financial performance. However, it's not all gloomy skies ahead. Prospective lower input costs, reflecting eased product and transportation expenses, alongside a cooling job market hinting at less inflationary wage pressures, could offer a silver lining by bolstering HD's profitability. These indicators, coupled with retail promotional activities returning to normalized levels, inform a complex but navigable landscape for predicting HD stock movements.
For analysts aiming to craft the most accurate HD stock forecast, piecing together these diverse factors—from the broader economic impacts to nuanced company-specific elements—will be crucial. Evaluating how these dynamics interplay will provide a comprehensive view, aiding in answering the pressing question: is HD a good stock to buy? Consequently, enthusiasts asking whether to buy or sell The Home Depot stock would benefit from insights grounded in these multifaceted considerations, ultimately leading toward a more informed HD stock price prediction.
In navigating the choppy waters of HD's financial future, understanding and leveraging these key insights could illuminate the path to making well-informed decisions whether pondering HD stock buy or sell options.
Review the original AnalysisThe 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., % |
---|---|---|---|---|
Mar 30 | 388.54 | 386.69 | 390.01 | 0.86 |
Mar 31 | 388.37 | 385.71 | 390.82 | 1.33 |
Apr 01 | 390.17 | 388.42 | 394.32 | 1.52 |
Apr 02 | 391.21 | 390.11 | 392.85 | 0.70 |
Apr 03 | 389.78 | 387.54 | 393.17 | 1.45 |
Apr 04 | 394.53 | 393.31 | 396.90 | 0.91 |
Apr 05 | 396.52 | 394.08 | 398.90 | 1.23 |
Apr 06 | 394.02 | 392.70 | 396.12 | 0.87 |
Apr 07 | 393.08 | 391.87 | 396.16 | 1.10 |
Apr 08 | 391.54 | 387.70 | 392.86 | 1.33 |
Apr 09 | 388.64 | 385.21 | 389.83 | 1.20 |
Apr 10 | 388.85 | 387.27 | 390.65 | 0.87 |
Apr 11 | 391.63 | 389.99 | 393.44 | 0.89 |
Apr 12 | 393.38 | 388.98 | 397.79 | 2.27 |
Apr 13 | 391.84 | 388.17 | 395.68 | 1.94 |
Apr 14 | 392.99 | 390.74 | 394.53 | 0.97 |
Apr 15 | 394.42 | 391.17 | 395.69 | 1.16 |
Apr 16 | 397.57 | 396.01 | 400.47 | 1.12 |
Apr 17 | 394.51 | 391.58 | 398.65 | 1.81 |
Apr 18 | 393.46 | 391.53 | 397.48 | 1.52 |
Apr 19 | 395.11 | 392.18 | 399.10 | 1.76 |
Apr 20 | 394.34 | 391.91 | 398.20 | 1.61 |
Apr 21 | 396.05 | 392.28 | 397.16 | 1.24 |
Apr 22 | 401.60 | 399.07 | 405.42 | 1.59 |
Apr 23 | 400.58 | 398.62 | 403.44 | 1.21 |
Apr 24 | 399.41 | 397.06 | 401.98 | 1.24 |
Apr 25 | 398.68 | 396.34 | 400.02 | 0.93 |
Apr 26 | 393.49 | 391.78 | 394.81 | 0.77 |
Apr 27 | 393.60 | 389.74 | 394.76 | 1.29 |
Apr 28 | 394.70 | 391.00 | 396.30 | 1.36 |
The Home Depot Daily Price Targets
The Home Depot Stock Forecast 03-30-2024.
Forecast target price for 03-30-2024: $388.54.
Positive dynamics for The Home Depot shares will prevail with possible volatility of 0.851%.
Pessimistic target level: 386.69
Optimistic target level: 390.01
The Home Depot Stock Forecast 03-31-2024.
Forecast target price for 03-31-2024: $388.37.
Negative dynamics for The Home Depot shares will prevail with possible volatility of 1.308%.
Pessimistic target level: 385.71
Optimistic target level: 390.82
The Home Depot Stock Forecast 04-01-2024.
Forecast target price for 04-01-2024: $390.17.
Positive dynamics for The Home Depot shares will prevail with possible volatility of 1.496%.
Pessimistic target level: 388.42
Optimistic target level: 394.32
The Home Depot Stock Forecast 04-02-2024.
Forecast target price for 04-02-2024: $391.21.
Positive dynamics for The Home Depot shares will prevail with possible volatility of 0.697%.
Pessimistic target level: 390.11
Optimistic target level: 392.85
The Home Depot Stock Forecast 04-03-2024.
Forecast target price for 04-03-2024: $389.78.
Negative dynamics for The Home Depot shares will prevail with possible volatility of 1.430%.
Pessimistic target level: 387.54
Optimistic target level: 393.17
The Home Depot Stock Forecast 04-04-2024.
Forecast target price for 04-04-2024: $394.53.
Positive dynamics for The Home Depot shares will prevail with possible volatility of 0.905%.
Pessimistic target level: 393.31
Optimistic target level: 396.90
HD (HD) Monthly Stock Prediction for 2024
Month | Target | Pes. | Opt. | Vol., % |
---|---|---|---|---|
Apr. | 404.61 | 397.93 | 419.37 | 5.11 |
May. | 395.50 | 381.66 | 404.80 | 5.72 |
Jun. | 386.21 | 374.24 | 397.79 | 5.92 |
Jul. | 392.77 | 381.19 | 406.72 | 6.28 |
Aug. | 381.97 | 369.75 | 387.51 | 4.58 |
Sep. | 373.57 | 359.75 | 387.02 | 7.05 |
Oct. | 377.12 | 365.43 | 389.75 | 6.24 |
Nov. | 384.47 | 370.44 | 394.66 | 6.14 |
Dec. | 384.66 | 380.43 | 395.82 | 3.89 |
The Home Depot forecast for this year
The Home Depot Stock Prediction for Apr 2024
An uptrend is forecast for this month with an optimal target price of $404.606. Pessimistic: $397.93. Optimistic: $419.37
The Home Depot Stock Prediction for May 2024
An downtrend is forecast for this month with an optimal target price of $395.502. Pessimistic: $381.66. Optimistic: $404.80
The Home Depot Stock Prediction for Jun 2024
An downtrend is forecast for this month with an optimal target price of $386.208. Pessimistic: $374.24. Optimistic: $397.79
The Home Depot Stock Prediction for Jul 2024
An uptrend is forecast for this month with an optimal target price of $392.773. Pessimistic: $381.19. Optimistic: $406.72
The Home Depot Stock Prediction for Aug 2024
An downtrend is forecast for this month with an optimal target price of $381.972. Pessimistic: $369.75. Optimistic: $387.51
The Home Depot Stock Prediction for Sep 2024
An downtrend is forecast for this month with an optimal target price of $373.569. Pessimistic: $359.75. Optimistic: $387.02
The Home Depot Stock Prediction for Oct 2024
An uptrend is forecast for this month with an optimal target price of $377.118. Pessimistic: $365.43. Optimistic: $389.75
The Home Depot Stock Prediction for Nov 2024
An uptrend is forecast for this month with an optimal target price of $384.471. Pessimistic: $370.44. Optimistic: $394.66
The Home Depot Stock Prediction for Dec 2024
An uptrend is forecast for this month with an optimal target price of $384.664. Pessimistic: $380.43. Optimistic: $395.82
The Home Depot (HD) Monthly Stock Prediction for 2025
Month | Target | Pes. | Opt. | Vol., % |
---|---|---|---|---|
Jan | 390.05 | 385.76 | 401.95 | 4.03 |
Feb | 397.07 | 381.39 | 404.22 | 5.65 |
Mar | 391.91 | 386.42 | 400.14 | 3.43 |
Apr | 396.42 | 387.89 | 405.33 | 4.30 |
May | 390.87 | 376.79 | 397.71 | 5.26 |
Jun | 394.58 | 380.37 | 402.86 | 5.58 |
Jul | 412.33 | 406.56 | 426.77 | 4.73 |
Aug | 405.94 | 395.39 | 414.67 | 4.65 |
Sep | 408.79 | 398.57 | 415.33 | 4.04 |
Oct | 424.32 | 409.68 | 431.96 | 5.16 |
Nov | 408.19 | 400.64 | 414.11 | 3.25 |
Dec | 413.50 | 405.23 | 424.25 | 4.48 |
The Home Depot (HD) Monthly Stock Prediction for 2026
Month | Target | Pes. | Opt. | Vol., % |
---|---|---|---|---|
Jan | 408.75 | 399.14 | 419.37 | 4.82 |
Feb | 401.80 | 394.77 | 408.83 | 3.44 |
Mar | 400.99 | 389.37 | 412.02 | 5.50 |
Apr | 395.98 | 381.73 | 405.48 | 5.86 |
May | 400.73 | 396.12 | 408.75 | 3.09 |
Jun | 406.34 | 396.18 | 411.42 | 3.70 |
Jul | 399.23 | 384.06 | 415.20 | 7.50 |
Aug | 406.42 | 394.84 | 421.66 | 6.36 |
Sep | 413.94 | 404.42 | 430.49 | 6.06 |
Oct | 396.76 | 392.00 | 401.52 | 2.37 |
Nov | 398.54 | 386.99 | 412.09 | 6.09 |
Dec | 392.77 | 380.39 | 397.48 | 4.30 |
The Home Depot (HD) Monthly Stock Prediction for 2027
Month | Target | Pes. | Opt. | Vol., % |
---|---|---|---|---|
Jan | 394.14 | 388.23 | 403.21 | 3.71 |
Feb | 406.95 | 395.15 | 415.50 | 4.90 |
Mar | 420.18 | 408.62 | 427.11 | 4.33 |
Apr | 436.35 | 420.21 | 452.28 | 7.09 |
May | 441.81 | 426.12 | 447.55 | 4.79 |
Jun | 446.67 | 435.95 | 462.97 | 5.84 |
Jul | 442.42 | 433.57 | 450.83 | 3.83 |
Aug | 437.78 | 428.80 | 445.44 | 3.73 |
Sep | 442.16 | 436.63 | 450.56 | 3.09 |
Oct | 443.48 | 427.29 | 451.24 | 5.31 |
Nov | 451.02 | 433.66 | 459.82 | 5.69 |
Dec | 460.72 | 448.51 | 465.79 | 3.71 |
The Home Depot (HD) Monthly Stock Prediction for 2028
Month | Target | Pes. | Opt. | Vol., % |
---|---|---|---|---|
Jan | 472.93 | 464.18 | 486.88 | 4.66 |
Feb | 480.02 | 473.78 | 498.02 | 4.87 |
Mar | 484.10 | 470.30 | 501.53 | 6.23 |
Apr | 497.17 | 487.48 | 504.88 | 3.45 |
May | 486.23 | 480.16 | 491.83 | 2.37 |
Jun | 496.69 | 480.05 | 501.66 | 4.31 |
Jul | 473.59 | 458.67 | 479.28 | 4.30 |
Aug | 477.85 | 462.09 | 494.58 | 6.57 |
Sep | 482.87 | 466.45 | 492.53 | 5.29 |
Oct | 468.39 | 463.00 | 480.33 | 3.61 |
Nov | 476.82 | 459.89 | 494.94 | 7.08 |
Dec | 467.76 | 450.45 | 485.30 | 7.18 |
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.
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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.