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Asset logo for symbol HD
Home Depot
HD63
$360.04arrow_drop_down0.49%-$1.80
S&P500
Asset logo for symbol HD
HD63

$360.04

arrow_drop_down0.49%

AI Deep-Learning Forecast (HD)

Analyst Forecast

Period: Next 12 Months

Analyst Ratings

Home Depot (HD) Stocklytics Forecast

Home Depot Inc-The (HD) is a leading home improvement retailer with a strong presence in the United States. As a result of its strong brand recognition and extensive product offerings, the company has enjoyed consistent growth and has become a top choice for consumers looking to enhance their homes. In recent years, HD stock has performed well, and many analysts believe that the company's future looks promising.
When looking at the stock price prediction for HD, it is important to consider several factors. Firstly, the company's strong financial performance and market position provide a solid foundation for future growth. Additionally, Home Depot has a proven track record of delivering strong earnings growth and returning value to shareholders through dividends and share buybacks. These factors contribute to analysts' positive price forecasts for HD.
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Frequently Asked Questions

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What is the analyst price prediction for Home Depot (HD) stock?

Analysts have set a target price of $395.14 for Home Depot (HD), based on forecasts from 28 analysts. The predicted price range extends from a high of $440 to a low of $318. This represents a potential increase of up to 22.21% and a decrease of -11.68% from the current price of $360.05. These forecasts are as of 2024 Feb 21.
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What are the analyst ratings for Home Depot (HD) stock?

The analyst ratings for Home Depot (HD) are distributed as follows: 24 analysts recommend buying, 9 have a neutral stance, and 0 suggest selling. The prevailing sentiment among the total of 33 analysts leans towards a buy rating. These ratings indicate the general sentiment among the analysts covering Home Depot.
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What is the AI price prediction for Home Depot (HD) stock?

The AI price prediction model, leveraging machine-learning techniques, forecasts that Home Depot (HD) stock could reach $408.96 by 2024 Sep 30. This prediction indicates a potential price change of 13.59%. The forecast has a lifetime of 30 days, culminating on the target date provided. The prediction was made on 2024 Sep 06.

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