Stock Price & Analysis

Based on the analysis, HD stock is near a support level with bullish fundamentals. Consider buying if the stock holds above 347.33.

The price prediction for HD stock in 2025 is expected to reach $385.19, driven by Fibonacci resistance levels and positive market sentiment. Recent insider buying and analyst upgrades, including a $445 target from Wells Fargo, support this outlook. The stock's technical indicators and improving housing market trends further strengthen the case for this price target.

The S1 support level for HD Stock is $349.75 ,The R1 resistant level for HD Stock is $366.92.

As of the end of day on 2025-04-01, the price of HD Stock was $366.77.

The target price for HD Stock according to analyst rating is 441.95, with the highest price target at 500.00 and the lowest at 410.00. Analysts have a Moderate Buy rating on HD Stock overall.

The market cap of HD is $363.3B.

Home Depot (HD) appears overvalued based on its current valuation metrics and market conditions. Its forward P/E ratio of 23.51 and EV/EBITDA of 15.8 suggest a premium compared to industry averages. The stock's price-to-sales ratio of 2.33 also indicates elevated valuations. While HD has strong fundamentals and positive catalysts like aging housing stock and potential appliance replacement cycles, its high multiples and slowing consumer spending trends justify caution. Insider buying activity and analyst optimism provide some support, but the stock's current price may not fully align with near-term growth prospects.

The Home Depot, Inc. is a home improvement retailer. The Company offers a wide assortment of building materials, home improvement products, lawn and garden products, decor products, and facilities maintenance, repair, and operations products. It also provides various services, including home improvement installation services and tool and equipment rental. The Company operates approximately 2,335 stores located throughout the United States including the Commonwealth of Puerto Rico and the territories of the U.S. Virgin Islands and Guam, Canada, and Mexico. The Home Depot stores average approximately 104,000 square feet of enclosed space, with approximately 24,000 additional square feet of outside garden area. It also maintains a network of distribution and fulfillment centers, as well as various e-commerce websites in the United States, Canada, and Mexico. The Company serves two primary customer groups: do-it-yourself (DIY) Customers and Professional Customers (Pros).

Home Depot (HD) stock is predicted to reach $470 by 2030, driven by recovery in the housing market and strong earnings growth. Analysts expect the stock to benefit from improving consumer spending on home improvement projects and a potential housing market rebound.

HD has a total of 463100 employees.