HD STOCK FORECAST 2024–2025–2030 Growth — MoneyMystica
Home Depot’s (HD) current stock price stands at $346.55.
HD Stock Forecast Price will hit $ 415 by the end of 2024 and then $485 by the end of 2025. Home Depot will rise to $530 within 2026, $597 in 2027, $675 in 2029, $777 in 2030, $845 in 2033 and $1000 in 2035.
Home Depot Stock (HD) Finacial Outlook
Regarding earnings calls for October 2023, Home Depot outperformed expectations with a 1.35% beat on EPS and 0.28% on revenue. Home Depot, Inc. stands out as a robust blue-chip stock, boasting a rich history, making it an excellent prospect for long-term compounding.
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Home Depot Stock (HD) Price Forecast
Open
$344.21
High
$347.30
Low
$343.22
Market Cap
$343.44B
P/E Ratio
22.13
Dividend Yield
2.42%
52-Week High
$354.92
52-Week Low
$274.26
The current stock price for Home Depot (HD) Stock is $345.08, reflecting a decrease of $1.47 (0.42%). Over the past 52 weeks, the stock has seen a low of $274.26 and a high of $354.92. The market capitalization stands at a substantial $343.44B, supported by 995.26 million outstanding shares, and a public float of 992.79 million shares.
Home Depot’s stock has a beta of 1.03, indicating a moderate correlation with the overall market. The revenue per employee is $325.94K, reflecting the company’s efficiency in generating income. The price-to-earnings (P/E) ratio is 22.24, and the earnings per share (EPS) is $15.58.
Investors also benefit from a yield of 2.41%, with a dividend payout of $2.09. The ex-dividend date for the latest dividend was on November 29, 2023. Short interest in Home Depot’s stock is reported at 9.56 million shares as of December 15, 2023, constituting 0.96% of the float. The average trading volume is 3.43 million shares, providing insight into the stock’s liquidity.
Related Home Depot News: Why is Home Depot Stock Dropping: will HD Stock reach $700
Longterm HD Stock Price 2024, 2025, 2026, 2027, 2029, 2030, 2033, 2035
HD Stock Forecast 2024
Home Depot price started in 2024 at $345.45. Today, Home Depot traded at $346.59, so the price decreased by 0.9% from the beginning of the year. The forecasted Home Depot price at the end of 2024 is $383 — and the year-to-year change is +16%. The rise from today to year-end: +16%.
HD Stock Forecast 2025
Based on our latest analysis, there is a positive outlook for Home Depot stock in 2025! With a high forecast of $485 and a year-to-year change of +45%, there’s a strong expectation for growth. The rise from today to the year-end, with a +12% increase, also suggests a favorable trend.
Based on our forecasts, a long-term increase is expected, the HD stock price 2025 prognosis for 2025–12–27 is $485 with an average price of $455 and a low estimate of $425 from its current price of $345.08 from today.
HD Stock Forecast 2029
The forecasted Home Depot stock 5-year forecast by our analysts at the beginning of 2029 is $675 — and the year-to-year change is +45%. The average HD Stock (“HD” ) future stock price will be 675 USD and the low price be $601 from today.
HD Stock Forecast 2030
The forecasted Home Depot price at the end of 2030 is $777 — and the year-to-year change is +62%. The rise from today to year-end: +15% the average price is $ 743.50 with a low estimate of $ 710 from the current price of $345.45 from today.
HD Stock Forecast 2033
Home Depot stock 10 years forecast from today in 2033 is $845 with a YOY change of +25% showing a rise of 11% from today with an average price of $822.50 and a low estimate of $800 from the current price.
HD Stock Forecast 2035
Home Depot stock, currently priced at $346.55, is anticipated to experience substantial growth by the middle of 2035, reaching a high forecast of $1000 and a low estimate of $990. The long-term average price is expected to be $995.00, signaling a positive trajectory from its current valuation.
Why is HD Stock Dropping/falling?
Home Depot stock is experiencing a decline due to a slowdown in consumer interest in home improvement. The softening demand from customers has prompted Home Depot to revise its fiscal year outlook, leading to a drop in the stock’s value. This downward trend has not only impacted the home-improvement retailer’s shares but has also had a broader effect, contributing to a decline in the Dow Jones Industrial Average.
- Who are the major shareholders of Home Depot stock?
- The primary stakeholders comprise Vanguard Group Inc., BlackRock Inc., State Street Corp, and Capital World Investors.
- What will Home Depot Stock cost in 2025?
- According to the latest long-term forecast, HD stock forecast price will hit $ 415 by the end of 2024 and then $485 by the end of 2025. Home Depot will rise to $530 within 2026, $597 in 2027, $675 in 2029, $777 in 2030, $845 in 2033 and $1000 in 2035.
- Is HD a good stock to buy?
- Based on 7 analysts’ ratings Home Depot stock has received a consensus rating of 5 buy 1 Sell and 0 hold.
- Is Home Depot part of Warren Buffett’s portfolio?
- Yes, Berkshire Hathaway is part of Warren Buffett’s portfolio in Home Depot Stake.
- Is Home Depot in financial trouble now?
- Home Depot faced a year-over-year decline of approximately 3.5% in revenue during the first half of 2023, dropping from $83 billion to $80 billion.
Originally published at https://moneymystica.com on January 3, 2024.
