Home Depot (HD) Stock Overview
Operates as a home improvement retailer in the United States and internationally. More details
| Snowflake Score | |
|---|---|
| Valuation | 4/6 |
| Future Growth | 2/6 |
| Past Performance | 1/6 |
| Financial Health | 4/6 |
| Dividends | 5/6 |
HD Community Fair Values
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Analyst Price Targets
The Home Depot, Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$311.40 |
| 52 Week High | US$426.75 |
| 52 Week Low | US$309.71 |
| Beta | 1.0 |
| 1 Month Change | -7.69% |
| 3 Month Change | -20.09% |
| 1 Year Change | -17.31% |
| 3 Year Change | 7.92% |
| 5 Year Change | -2.69% |
| Change since IPO | 84,605.19% |
Recent News & Updates
Seeking Alpha • May 06
Home Depot: Market Headwinds Rattle Short-Term Views, But Long-Term Prospects Are Well-Founded
Summary The Home Depot faces persistent macroeconomic and housing market headwinds, with sales down 3.8% YoY and transactions dropping 8.1% YoY in Q4. Despite weaker demand, HD maintains double-digit operating margins (10.2%) through disciplined capacity and cost management, robust liquidity, and strategic geographic positioning. Valuation is now more reasonable, with target prices around $317 and P/E at 22.76x, but the stock remains fully priced, and technicals are bearish. I downgrade HD from buy to hold, citing fair valuation, ongoing market challenges, and limited near-term upside despite potential oversold buying opportunities. Read the full article on Seeking Alpha
Narrative Update • May 04
HD: Pro Ecosystem Acquisitions And 2026 Plan Will Support Recovery
Analysts have raised the Home Depot price target by $3. This reflects Q4 results that topped many expectations, renewed confidence in the company's long-term positioning in retail, and ongoing progress in its PRO ecosystem and acquisition driven growth initiatives.Narrative Update • Apr 18
HD: Pro Ecosystem And Acquisitions Will Drive Post Storm Demand Recovery
Home Depot's analyst fair value estimate is essentially unchanged at about $408. The slight adjustment reflects updated views on the discount rate, modestly higher revenue growth assumptions, a flat profit margin outlook, and a small tweak to the future P/E as analysts factor in recent Q4 results, FY26 guidance, and ongoing Pro ecosystem and acquisition initiatives.Narrative Update • Apr 04
HD: Pro Ecosystem And AI Tools Will Support Post Storm Demand Recovery
The analyst price target for Home Depot has been nudged lower by about $2 to reflect a fair value update to $408.18, as analysts factor in a slightly higher discount rate, modest tweaks to long term revenue growth and profit margin assumptions, and updated P/E expectations following a wave of recent Q4 driven target revisions across the Street. Analyst Commentary Recent research on Home Depot clusters around a constructive view on long term earnings power, balanced by some caution on the near term macro backdrop and valuation after the Q4 run up.Recent updates
Seeking Alpha • May 06
Home Depot: Market Headwinds Rattle Short-Term Views, But Long-Term Prospects Are Well-Founded
Summary The Home Depot faces persistent macroeconomic and housing market headwinds, with sales down 3.8% YoY and transactions dropping 8.1% YoY in Q4. Despite weaker demand, HD maintains double-digit operating margins (10.2%) through disciplined capacity and cost management, robust liquidity, and strategic geographic positioning. Valuation is now more reasonable, with target prices around $317 and P/E at 22.76x, but the stock remains fully priced, and technicals are bearish. I downgrade HD from buy to hold, citing fair valuation, ongoing market challenges, and limited near-term upside despite potential oversold buying opportunities. Read the full article on Seeking AlphaNarrative Update • May 04
HD: Pro Ecosystem Acquisitions And 2026 Plan Will Support Recovery
Analysts have raised the Home Depot price target by $3. This reflects Q4 results that topped many expectations, renewed confidence in the company's long-term positioning in retail, and ongoing progress in its PRO ecosystem and acquisition driven growth initiatives.Narrative Update • Apr 18
HD: Pro Ecosystem And Acquisitions Will Drive Post Storm Demand Recovery
Home Depot's analyst fair value estimate is essentially unchanged at about $408. The slight adjustment reflects updated views on the discount rate, modestly higher revenue growth assumptions, a flat profit margin outlook, and a small tweak to the future P/E as analysts factor in recent Q4 results, FY26 guidance, and ongoing Pro ecosystem and acquisition initiatives.Narrative Update • Apr 04
HD: Pro Ecosystem And AI Tools Will Support Post Storm Demand Recovery
The analyst price target for Home Depot has been nudged lower by about $2 to reflect a fair value update to $408.18, as analysts factor in a slightly higher discount rate, modest tweaks to long term revenue growth and profit margin assumptions, and updated P/E expectations following a wave of recent Q4 driven target revisions across the Street. Analyst Commentary Recent research on Home Depot clusters around a constructive view on long term earnings power, balanced by some caution on the near term macro backdrop and valuation after the Q4 run up.Narrative Update • Mar 21
HD: Pro Platform And AI Tools Will Support Post Storm Demand Recovery
Home Depot's analyst price target has been lifted by several firms into a roughly $375 to $454 range, with analysts pointing to resilient Q4 results, affirmed FY26 guidance, and ongoing share gains in home improvement as key supports for their updated views. Analyst Commentary Recent Street research around Home Depot centers on how the company is executing through a mixed macro backdrop, the credibility of its FY26 targets, and what that means for valuation after Q4 earnings.Narrative Update • Mar 07
HD: Pro Ecosystem And AI Tools Will Support Post Storm Demand Recovery
Our Home Depot fair value estimate increases from $398.00 to about $410.27, reflecting analysts' higher price targets following Q4 results and updated models that point to steadier home improvement trends and slightly stronger profitability assumptions. Analyst Commentary Bullish analysts have generally raised their price targets for Home Depot following Q4 results, pointing to stable execution, resilience in home improvement demand and an outlook they view as supportive of higher valuations.Narrative Update • Feb 20
HD: AI Tools And Pro Trends Will Shape Post Weather Headwind Positioning
Our updated analyst price target for Home Depot moves slightly higher to $398, reflecting modest tweaks to our fair value, discount rate and margin assumptions as analysts point to steady transaction trends into Q4, despite subdued comparable sales expectations and recent weather related pressure on Pro activity. Analyst Commentary Recent Street research on Home Depot is mixed, with some bullish analysts lifting targets and others trimming them slightly as they recalibrate expectations ahead of Q4 earnings.Narrative Update • Feb 06
HD: Wholesale Expansion And AI Tools Will Support Post Headwind Share Positioning
Our updated Home Depot narrative reflects a slightly lower analyst price target of about $394 per share, as analysts broadly recalibrated their models. They are balancing recent target cuts tied to softer near term trends with fresh upward revisions from firms citing longer term earnings drivers and share gain potential.Narrative Update • Jan 22
HD: Wholesale Expansion And Tech Investments Will Support Post Headwind Share Gains
Analysts made only a small adjustment to their Home Depot fair value estimate, trimming the target by less than US$1 as they fine tuned assumptions around the discount rate, modest revenue growth, slightly higher profit margins, and a marginally lower future P/E multiple in light of mixed recent price target moves on the stock. Analyst Commentary Recent research on Home Depot reflects a mix of optimism on the long term and caution around the nearer term, with several firms trimming price targets after Q3 results and guidance, while others have recently raised their targets.Narrative Update • Jan 08
HD: Ongoing Investments And Wholesale Expansion Will Support Post Headwind Share Gains
Analysts have trimmed their Home Depot price targets, with cuts such as US$455 to US$430 and US$475 to US$430, reflecting softer near term demand, recent earnings misses, and the expected impact of lower margin wholesale mix. They still see the company well positioned for a future housing recovery and share gains when conditions improve.Narrative Update • Dec 13
HD: Ongoing Investments And New Tools Will Support Post Headwind Share Gains
We are trimming our Home Depot fair value estimate by about $5 to reflect the Street wide reset in price targets, as analysts factor in weaker near term demand, modestly lower growth and margins, and a slightly higher discount rate, even as they largely maintain positive long term ratings on the stock. Analyst Commentary Street commentary on Home Depot has shifted more cautious in the near term but remains broadly constructive on the company’s long-term earnings power and market share opportunity.Narrative Update • Nov 29
HD: Ongoing Investments Will Support Share Gains After Consumer Headwinds Fade
Home Depot's analyst price target has been lowered, with most estimates now in the $375 to $445 range, as analysts cite near-term headwinds including weaker consumer demand, pressured margins, and a tougher housing backdrop. Analyst Commentary Recent analyst commentary on Home Depot highlights a mix of cautious and optimistic outlooks, reflecting challenges in the near term but confidence in the company’s longer-term prospects.Narrative Update • Nov 15
HD: Accelerating Demand Momentum Will Support Broad-Based Gains In 2025
Home Depot’s analyst price target has been modestly reduced from $437.81 to $433.12. Analysts cite a more challenging near-term outlook for the home improvement sector and delayed recovery expectations, balanced against some signs of improving demand.Analysis Article • Sep 12
Earnings Not Telling The Story For The Home Depot, Inc. (NYSE:HD)
The Home Depot, Inc.'s ( NYSE:HD ) price-to-earnings (or "P/E") ratio of 28.8x might make it look like a sell right now...Analysis Article • Aug 28
Analysts Are Updating Their The Home Depot, Inc. (NYSE:HD) Estimates After Its Second-Quarter Results
The Home Depot, Inc. ( NYSE:HD ) last week reported its latest quarterly results, which makes it a good time for...Narrative Update • Aug 27
Advanced Supply Chain And Digital Tools Will Transform Remodeling
Analysts have raised Home Depot’s price target as Q2 results showed strengthening demand, robust e-commerce growth, and ongoing Pro initiatives, with optimism tied to potential rate cuts, now valuing shares at $437.56. Analyst Commentary Q2 results indicated improved underlying demand, with momentum carrying into early Q3 and broad-based category strength, including the strongest e-commerce growth since mid-2022.Analysis Article • Aug 01
A Look At The Intrinsic Value Of The Home Depot, Inc. (NYSE:HD)
Key Insights Using the 2 Stage Free Cash Flow to Equity, Home Depot fair value estimate is US$319 With US$368 share...Analysis Article • Jul 19
Some Investors May Be Worried About Home Depot's (NYSE:HD) Returns On Capital
Did you know there are some financial metrics that can provide clues of a potential multi-bagger? In a perfect world...Analysis Article • May 22
The Home Depot, Inc. (NYSE:HD) First-Quarter Results: Here's What Analysts Are Forecasting For This Year
The Home Depot, Inc. ( NYSE:HD ) came out with its first-quarter results last week, and we wanted to see how the...Analysis Article • May 15
Most Shareholders Will Probably Find That The CEO Compensation For The Home Depot, Inc. (NYSE:HD) Is Reasonable
Key Insights Home Depot to hold its Annual General Meeting on 22nd of May Salary of US$1.43m is part of CEO Ted...Seeking Alpha • Apr 16
Home Depot: Resist The Temptation Of Buying The Dip
Summary As expected, Home Depot's share price has come under severe pressure in recent months. The 12% drop, however, does not seem to fully account for broader market risks and the deterioration of business fundamentals. Home Depot's expected returns remain quite low, and I expect the stock to continue to underperform the broader equity market. Read the full article on Seeking AlphaSeeking Alpha • Mar 31
Home Depot: I Will Buy When It Dips
Summary Home Depot, Inc. ended the year strongly with stable topline performance, high cash reserves, and manageable debt, despite market challenges. The company still has a lot of growth prospects and effective strategies to support its expansion. Stock valuations and technical indicators suggest caution before taking a position. I recommend holding Home Depot, Inc. for now, waiting for a price dip to find a better entry point. Read the full article on Seeking AlphaSeeking Alpha • Feb 24
Home Depot: Warnings Signs Are Building As The Company Prepares For Q4 Earnings
Summary The Home Depot, Inc.'s strong performance during the post-COVID housing boom is waning, with recent economic data indicating a slowdown in the housing market and elevated interest rates. The company's third-quarter earnings report showed declining average ticket size, comparable sales, and operating margins, signaling weakening core business performance. HD stock's valuation at 25.84x projected forward GAAP earnings is high, with analysts expecting only 6-8% EPS growth over the next six years. Investors should be cautious ahead of Home Depot's upcoming earnings report, given disappointing consumer spending and broader economic slowdown indicators. Read the full article on Seeking AlphaSeeking Alpha • Feb 17
Home Depot - Time To Take Profits (Again)
Summary Home Depot is a mature company with limited growth prospects, and its current stock price is overpriced relative to its intrinsic value. The company's operating margins have resumed their pre-pandemic decline, and recent acquisitions raise concerns about management's capital discipline. Despite strong historical performance, insider trading activity suggests insiders believe HD shares have been overpriced for some time. I recommend investors consider selling some HD stock now and waiting for a lower price before buying again. Read the full article on Seeking AlphaSeeking Alpha • Jan 21
Home Depot: Long-Term Tailwind Weighed By Near-Term Visible Headwinds
Summary I am neutral on Home Depot stock due to strong long-term tailwinds but significant near-term headwinds, particularly elevated interest rates impacting consumer and Pro demand. Home Depot benefits from aging U.S. housing stock and rising consumer interest in home renovations, supporting long-term growth prospects. Current macroeconomic conditions, including high interest rates, are negatively affecting big-ticket discretionary spending and Pro customer financing, posing near-term challenges. Market optimism has led to a high forward P/E of 26x, leaving limited upside and potential for de-rating if near-term results falter. Read the full article on Seeking AlphaSeeking Alpha • Dec 18
The Home Depot Is An Iconic American Company, But It's Overvalued (Rating Downgrade)
Summary Home Depot's stock has recently underperformed the S&P 500. Its slower growth offers stability but lacks upside, with a 5-year EV CAGR forecast of -0.22%. The Buffett Indicator (208% of GDP) signals market-wide overvaluation. HD's intrinsic EV is ~40% below its current level, showing a -62% margin of safety. Strong management ethos and investments in the Pro Ecosystem (45% of sales) ensure long-term stability. However, current valuations suggest Sell for prudent investors. Read the full article on Seeking AlphaSeeking Alpha • Nov 17
Home Depot Q3 Earnings: Doing The Best It Can Against All Odds
Summary Home Depot's Q3 performance exceeded expectations, driven by hurricane-related sales and the integration of SRS Distribution, leading to an upward revision of FY24 guidance. Despite positive Q3 results, high interest rates and elevated mortgage rates continue to defer larger remodeling projects, posing a significant headwind for Home Depot's growth. The SRS acquisition appears promising, contributing significantly to sales and aligning with Home Depot's strategy to emphasize the Pro segment, though its full impact will take time. Given the current valuation and macroeconomic challenges, I maintain a HOLD rating on Home Depot, as the stock shows little-to-no upside potential at current levels. Read the full article on Seeking AlphaSeeking Alpha • Nov 07
Wide Moat Shielded Home Depot From Normalising Fundamentals
Summary Home Depot has a wide moat to withstand macro challenges. We face normalising fundamentals as life resumes normal, leading to a slight decline in profitability was observed post-Covid. We expect Home Depot will have a revenue of $39.50B and EPS of $3.69 in Q3 of FY2024. Home Depot is a reasonably safe investment in a recession. However, its slight overvaluation halts our buying proposition. Read the full article on Seeking AlphaSeeking Alpha • Oct 15
Home Depot: Fed's Pivot And Hurricanes May Trigger Near-Term Tailwinds
Summary Home Depot's intermediate-term prospects are brighter, thanks to the Fed's rate cut, the potential boom in real estate sales, and the boost in home improvement projects. This is on top of the one-time potential hurricane-related sales, as Hurricane Helene and Milton wrecked nearly $160B in damages. Even so, HD's recent rally has been overly done, with it triggering expensive stock valuations and prices - similar to those observed in LOW. If anything, HD's balance sheet continues to deteriorate with inventory levels ballooning - with it triggering moderate uncertainty. With the stock market currently overly exuberant, we may see a market wide pullback occur in the near term, with HD potentially losing part of its recent gains. Read the full article on Seeking AlphaShareholder Returns
| HD | US Specialty Retail | US Market | |
|---|---|---|---|
| 7D | -0.3% | -1.7% | 2.6% |
| 1Y | -17.3% | -1.6% | 26.2% |
Return vs Industry: HD underperformed the US Specialty Retail industry which returned -1.6% over the past year.
Return vs Market: HD underperformed the US Market which returned 26.2% over the past year.
Price Volatility
| HD volatility | |
|---|---|
| HD Average Weekly Movement | 3.9% |
| Specialty Retail Industry Average Movement | 7.4% |
| Market Average Movement | 7.2% |
| 10% most volatile stocks in US Market | 16.1% |
| 10% least volatile stocks in US Market | 3.2% |
Stable Share Price: HD has not had significant price volatility in the past 3 months compared to the US market.
Volatility Over Time: HD's weekly volatility (4%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1978 | 472,400 | Ted Decker | www.homedepot.com |
The Home Depot, Inc. operates as a home improvement retailer in the United States and internationally. It sells various building materials, home improvement products, lawn and garden products, and décor products, as well as facilities maintenance, repair, and operations products. The company also offers installation services for flooring, water heaters, baths, garage doors, cabinets, cabinet makeovers, countertops, sheds, furnaces and central air systems, and windows.
The Home Depot, Inc. Fundamentals Summary
| HD fundamental statistics | |
|---|---|
| Market cap | US$316.19b |
| Earnings (TTM) | US$14.16b |
| Revenue (TTM) | US$164.68b |
21.9x
P/E Ratio1.9x
P/S RatioIs HD overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| HD income statement (TTM) | |
|---|---|
| Revenue | US$164.68b |
| Cost of Revenue | US$109.82b |
| Gross Profit | US$54.87b |
| Other Expenses | US$40.71b |
| Earnings | US$14.16b |
Last Reported Earnings
Feb 01, 2026
Next Earnings Date
May 19, 2026
| Earnings per share (EPS) | 14.21 |
| Gross Margin | 33.32% |
| Net Profit Margin | 8.60% |
| Debt/Equity Ratio | 416.5% |
How did HD perform over the long term?
See historical performance and comparisonDividends
3.0%
Current Dividend Yield65%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/05/11 02:26 |
| End of Day Share Price | 2026/05/11 00:00 |
| Earnings | 2026/02/01 |
| Annual Earnings | 2026/02/01 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
The Home Depot, Inc. is covered by 60 analysts. 33 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Christopher Graja | Argus Research Company |
| Peter Benedict | Baird |
| Michael Lasser | Barclays |