
Home Depot (HD) Stock Forecast & Price Target
Home Depot (HD) Analyst Ratings
Bulls say
Home Depot is positioned to benefit from a large, fragmented home-improvement market and durable structural tailwinds including an aging U.S. housing stock, chronic undersupply, and rising average home size. Its recent results show resilience despite a tough backdrop, with 2Q total company comparable sales up 1.7%, U.S. comps up 1.3%, and gross margin expanding to 33.7% even as supply-chain and acquisition-related pressures persisted. Share gains are being supported by stronger Pro demand, SRS and GMS expansion, an interconnected digital experience, and supply-chain investments that deepen its reach in complex projects and MRO.
Bears say
Home Depot is facing a mixed setup in which modest comp acceleration and strong pro demand are offset by still-subdued big-ticket project sales, with transactions down 1.0% and growth leaning on ticket inflation rather than broad unit improvement. Elevated interest rates, softer housing affordability, and weaker home-buying and remodeling intentions across 1,017 surveyed consumers point to continued pressure on demand, while tariff refunds and lumber inflation have obscured underlying gross margin weakness. The 2025 acquisition of GMS and ongoing integration of lower-margin wholesale assets may add scale, but they also dilute profitability, and incremental fuel, energy, and input cost pressures could keep margins under pressure.
This aggregate rating is based on analysts' research of Home Depot and is not a guaranteed prediction by Public.com or investment advice.
Home Depot (HD) Analyst Forecast & Price Prediction
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