The Home Depot, Inc. (NYSE:HD) Stock Has Consensus Target Price of $375.18 According to Brokerages

Key Points

• Analysts maintain a “Moderate Buy” consensus on Home Depot, with 18 buy, 13 hold and one sell rating among 32 analysts. The average 12-month price target is $375.18, well above the reported share price of $284.96.
• Home Depot’s latest quarter exceeded expectations, with adjusted earnings of $4.92 per share and revenue of $47.86 billion, up 5.7% year over year. The company also issued fiscal 2026 EPS guidance of approximately $14.69 to $15.28.
• Housing-market headwinds remain a key risk: high borrowing costs and low housing turnover are weighing on large remodeling projects. Digital investments, faster delivery and Pro-focused tools are supporting engagement, while insiders sold 9,829 shares worth about $3.34 million during the last quarter.

Shares of The Home Depot, Inc. (NYSE:HD - Get Free Report) have received a consensus rating of "Moderate Buy" from the thirty-two analysts that are covering the company, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, thirteen have issued a hold recommendation and eighteen have assigned a buy recommendation to the company. The average 12 month price target among brokerages that have covered the stock in the last year is $375.18.

HD has been the topic of several recent analyst reports. Weiss Ratings upgraded shares of Home Depot from a "hold (c-)" rating to a "hold (c)" rating in a report on Tuesday, July 7th. Argus restated a "buy" rating and set a $400.00 price target on shares of Home Depot in a report on Wednesday, August 19th. UBS Group reaffirmed a "buy" rating on shares of Home Depot in a research report on Thursday, September 17th. Royal Bank Of Canada dropped their price objective on Home Depot from $343.00 to $342.00 and set a "sector perform" rating on the stock in a research note on Wednesday, August 19th. Finally, Mizuho boosted their price objective on Home Depot from $385.00 to $390.00 and gave the stock an "outperform" rating in a research report on Wednesday, August 19th.

Key Home Depot News

Here are the key news stories impacting Home Depot this week:

• Positive Sentiment: Home Depot’s digital investments, faster delivery and Pro-focused tools are reportedly supporting online sales and improving customer engagement. These initiatives could help the company gain market share and strengthen results when remodeling demand improves. Are Home Depot's Digital Investments Driving Better Sales and Growth?
• Positive Sentiment: Several comparisons with Lowe’s portray Home Depot as the stronger operator, citing relatively more resilient results during the housing slowdown. Some analysts and commentators view the stock’s depressed valuation and oversold technical condition as a potential buying opportunity for long-term investors. Which Value Stock Is the More Obvious Buy Now: Home Depot Under $310 a Share or Lowe's Under $200 a Share?
• Neutral Sentiment: Home Depot launched its 2026 holiday décor collection, with seasonal products, promotional savings and delivery options beginning in October. The announcement may support fourth-quarter traffic, although it is a routine seasonal update rather than a material change to financial guidance. The Home Depot Announces 2026 Holiday Decor Collection and Seasonal Savings
• Negative Sentiment: Higher borrowing costs and low housing turnover continue to discourage large remodeling projects, pressuring demand across the home-improvement sector. Home Depot’s substantial shareholder distributions over the past five years have not prevented the stock from lagging, highlighting investor concerns about growth and capital efficiency. The $66 Billion Consolation Prize for HD Shareholders

Insider Transactions at Home Depot

In related news, EVP Teresa Roseborough sold 2,455 shares of the stock in a transaction dated Friday, August 28th. The shares were sold at an average price of $328.77, for a total value of $807,130.35. Following the completion of the transaction, the executive vice president owned 14,061 shares of the company's stock, valued at $4,622,834.97. This represents a 14.86% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP Michael F. Rowe sold 710 shares of the firm's stock in a transaction that occurred on Wednesday, August 26th. The stock was sold at an average price of $336.76, for a total value of $239,099.60. Following the transaction, the executive vice president owned 6,838 shares of the company's stock, valued at $2,302,764.88. This trade represents a 9.41% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 9,829 shares of company stock worth $3,339,314. Insiders own 0.08% of the company's stock.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of HD. BlackRock Inc. acquired a new position in Home Depot during the 2nd quarter valued at about $28,771,247,000. State Street Corp grew its position in shares of Home Depot by 1.1% during the 2nd quarter. State Street Corp now owns 47,175,026 shares of the home improvement retailer's stock worth $16,637,688,000 after buying an additional 499,168 shares during the period. Bank of America Corp DE bought a new stake in shares of Home Depot during the second quarter worth approximately $5,780,468,000. Capital World Investors raised its stake in shares of Home Depot by 1.6% during the fourth quarter. Capital World Investors now owns 13,147,117 shares of the home improvement retailer's stock worth $4,524,166,000 after buying an additional 201,694 shares during the last quarter. Finally, Bank of New York Mellon Corp lifted its holdings in Home Depot by 6.4% in the fourth quarter. Bank of New York Mellon Corp now owns 8,103,189 shares of the home improvement retailer's stock valued at $2,788,307,000 after buying an additional 490,548 shares during the period. 70.86% of the stock is owned by institutional investors and hedge funds.

Home Depot Stock Performance

HD stock opened at $284.96 on Thursday. The firm has a 50 day moving average of $324.25 and a two-hundred day moving average of $327.45. Home Depot has a 12 month low of $284.01 and a 12 month high of $405.13. The company has a market capitalization of $284.30 billion, a price-to-earnings ratio of 19.94, a P/E/G ratio of 3.17 and a beta of 0.95. The company has a quick ratio of 0.31, a current ratio of 1.08 and a debt-to-equity ratio of 2.64.

Home Depot (NYSE:HD - Get Free Report) last released its quarterly earnings results on Tuesday, August 18th. The home improvement retailer reported $4.92 earnings per share for the quarter, beating analysts' consensus estimates of $4.73 by $0.19. Home Depot had a net margin of 8.41% and a return on equity of 106.42%. The business had revenue of $47.86 billion for the quarter, compared to the consensus estimate of $47.24 billion. During the same quarter last year, the firm earned $4.68 EPS. Home Depot's revenue for the quarter was up 5.7% on a year-over-year basis. Home Depot has set its FY 2026 guidance at 14.690-15.278 EPS. As a group, equities analysts anticipate that Home Depot will post 15 EPS for the current fiscal year.

Home Depot Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, September 17th. Stockholders of record on Thursday, September 3rd were given a dividend of $2.33 per share. The ex-dividend date of this dividend was Thursday, September 3rd. This represents a $9.32 dividend on an annualized basis and a dividend yield of 3.3%. Home Depot's dividend payout ratio is currently 65.22%.

About Home Depot

The Home Depot, Inc NYSE: HD is a home improvement retailer serving do-it-yourself customers, professional contractors, and other trade professionals. The company sells building materials, appliances, décor, hardware, plumbing and electrical supplies, tools, outdoor products, and lawn and garden merchandise through its retail stores and digital platforms.

Home Depot also provides services such as installation, equipment rental, delivery, and project support. Its professional customer offerings include job-lot quantities, delivery solutions, credit services, and tools designed to help contractors manage construction and renovation projects.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.