HD Price Prediction Next Week
Analysis and Insights
Technical Analysis:
Home Depot (HD) is currently showing signs of potential consolidation after a recent decline. The stock is trading near the lower end of its Bollinger Bands, suggesting it may be oversold. The Relative Strength Index (RSI) at 35.73 indicates the stock is in a bearish zone, but it is approaching oversold levels, which could signal a potential rebound.
News and Fundamental Analysis:
Recent news indicates that Home Depot is navigating a challenging macroeconomic environment, with tariffs on imported goods potentially increasing costs for lumber and appliances. Despite this, the company has shown resilience, with a 14% year-over-year sales growth in Q4 2024 and a strong dividend history. However, the housing market remains sluggish due to high interest rates, which could impact demand for big-ticket items.
Valuation and Analyst Sentiment:
Home Depot's valuation metrics show a forward P/E ratio of 26.3, which is relatively high compared to its peers. Analysts have mixed opinions, with some maintaining an overweight rating but lowering price targets to $445, while others are more bullish, expecting new highs.
Conclusion:
Based on the technical indicators and fundamental analysis, Home Depot's stock is likely to consolidate in the near term. The stock is trading near critical support levels, and while there are headwinds, the company's strong financial position and dividend yield make it attractive for long-term investors.
Prediction: The stock price of HD is expected to trade between $380 and $390 in the next trading week.
Recommendation: Buy on dips near the $380 level, as the stock is near support and has potential for a modest rebound.
HD Similar Chart Price Prediction
The price of HD is predicted to go up 12.26%, based on the high correlation periods with VRSN. The similarity of these two price pattern on the periods is 97.33%.
HD
VRSN
Up: 12.26%Similarity: 97.33%
HD Stock Forecast & Prediction For Years 2025, 2026, 2027, 2028, 2029 and 2030
Year
HD Price Forecast($)
Potential Return(%)
2025
388.500
-0.170
2026
450.000
13.460
2027
480.000
21.030
2028
520.000
31.110
2029
520.000
31.110
2030
550.000
38.680
What is HD stock price prediction 2025 ?
What is HD stock price prediction 2026 ?
What is HD stock price prediction 2027 ?
What is HD stock price prediction 2028 ?
What is HD stock price prediction 2029 ?
What is HD stock price prediction 2030 ?
HD Revenue Forecast
HD EPS Forecast
HD FAQs
What is HD revenue forecast for next quarter？
What is HD eps forecast for next quarter？
HD VS S&P500
Home Depot's continued investments in supply chain and merchandising should improve productivity and support its market leadership position in the home improvement market.
The company has returned $73 billion to its shareholders through dividends and share buybacks over the past five years, nearly 20% of its market cap. In our outlook, we forecast Home Depot returning more than $85 billion to shareholders over the next five years.
The addressable MRO market is around $100 billion, and Interline and HD Supply make up a low-double-digit share, leaving meaningful upside up for grabs.
HD Analyst's Forecast
Peter Benedict
Baird
Buy
2025-02-26
Price Target
$440 → $430
Upside
+10.12%
Baird lowered the firm's price target on Home Depot to $430 from $440 and keeps an Outperform rating on the shares. The firm said Q4 results showed signs of normalization but macro uncertainty remains.
Peter Keith
Piper Sandler
Buy
2025-02-26
Price Target
$455 → $435
Upside
+11.4%
Steven Shemesh
RBC Capital
Hold
2025-02-26
Price Target
$431 → $424
Upside
+8.58%
