Home Depot (NYSE:HD) Updates FY 2026 Earnings Guidance

Home Depot (NYSE:HD) updated its FY 2026 earnings guidance on Tuesday. The company provided EPS guidance of 14.230-14.799 for the period, compared to the consensus EPS estimate of 14.500. The company issued revenue guidance of -.

Home Depot Trading Down 1.6%

HD stock opened at $376.02 on Tuesday. Home Depot has a one year low of $326.31 and a one year high of $426.75. The stock has a market cap of $374.33 billion, a price-to-earnings ratio of 25.63, a price-to-earnings-growth ratio of 13.66 and a beta of 1.08. The company has a fifty day moving average price of $369.64 and a two-hundred day moving average price of $380.14. The company has a debt-to-equity ratio of 3.82, a current ratio of 1.05 and a quick ratio of 0.29.

Home Depot (NYSE:HD) last issued its quarterly earnings data on Tuesday, February 24th. The home improvement retailer reported $2.72 earnings per share for the quarter, beating the consensus estimate of $2.53 by $0.19. The company had revenue of $38.20 billion for the quarter, compared to analyst estimates of $38.01 billion. Home Depot had a net margin of 8.77% and a return on equity of 160.74%. Home Depot has set its FY 2026 guidance at 14.230-14.799 EPS. Equities analysts anticipate that Home Depot will post 15.13 EPS for the current year.

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on the stock. DA Davidson cut their price objective on shares of Home Depot from $430.00 to $407.00 and set a “buy” rating for the company in a research report on Wednesday, December 10th. Wolfe Research dropped their price target on Home Depot from $415.00 to $414.00 and set an “outperform” rating for the company in a report on Wednesday, February 4th. Robert W. Baird upped their price objective on Home Depot from $400.00 to $430.00 and gave the company an “outperform” rating in a report on Tuesday, February 17th. Royal Bank Of Canada lowered their price objective on Home Depot from $366.00 to $363.00 and set a “sector perform” rating on the stock in a research report on Thursday, February 19th. Finally, UBS Group set a $430.00 target price on shares of Home Depot in a research report on Wednesday, December 10th. Twenty-one investment analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, Home Depot presently has an average rating of “Moderate Buy” and an average price target of $407.63.

Insider Buying and Selling

In related news, EVP Angie Brown sold 1,946 shares of the company’s stock in a transaction dated Friday, December 12th. The shares were sold at an average price of $357.63, for a total transaction of $695,947.98. Following the completion of the sale, the executive vice president owned 3,941 shares of the company’s stock, valued at $1,409,419.83. This represents a 33.06% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, EVP Teresa Wynn Roseborough sold 2,872 shares of the stock in a transaction that occurred on Friday, December 26th. The stock was sold at an average price of $348.52, for a total transaction of $1,000,949.44. Following the sale, the executive vice president owned 13,196 shares in the company, valued at $4,599,069.92. This represents a 17.87% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 4,963 shares of company stock worth $1,748,845. Company insiders own 0.10% of the company’s stock.

Home Depot News Roundup

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

• Positive Sentiment: Q4 earnings beat — Home Depot delivered $2.72 EPS versus $2.53 expected and reported $38.20B in revenue, topping estimates and snapping a streak of comparable‑sales misses; this stronger profit performance is supporting investor confidence. Press Release
• Positive Sentiment: Dividend increase — Management raised the quarterly dividend (1.3%), which supports yield‑sensitive shareholders and signals confidence in cash flow. PR Newswire Release
• Neutral Sentiment: FY26 EPS range given — Home Depot set FY2026 EPS guidance of $14.230–$14.799 (vs. ~$14.50 consensus). The range roughly brackets Street expectations, leaving room for interpretation on next‑year growth.
• Neutral Sentiment: Longer‑term initiatives — Company efforts such as expanded digital tools and AI “blueprint takeoffs” to win pro customers are constructive but represent multi‑quarter gains rather than an immediate stock catalyst. Zacks: AI initiatives
• Negative Sentiment: Sales and margin pressure — Q4 sales fell 3.8% year‑over‑year and commentary highlighted slower housing turnover, high rates and economic uncertainty weighing on big projects, which temper the upside from the earnings beat. WSJ: Profit Falls
• Negative Sentiment: Analyst adjustments — Some firms trimmed price targets (e.g., Piper Sandler lowered its target to $422), signaling more cautious near‑term upside even if ratings remain constructive. Analyst Target Note

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. Advocate Investing Services LLC bought a new position in shares of Home Depot in the fourth quarter worth about $25,000. Parvin Asset Management LLC lifted its stake in Home Depot by 110.0% in the 3rd quarter. Parvin Asset Management LLC now owns 63 shares of the home improvement retailer’s stock valued at $26,000 after purchasing an additional 33 shares during the last quarter. Imprint Wealth LLC bought a new stake in shares of Home Depot during the third quarter worth $34,000. Triumph Capital Management bought a new position in shares of Home Depot in the 3rd quarter valued at $40,000. Finally, Binnacle Investments Inc grew its position in Home Depot by 28.8% during the 2nd quarter. Binnacle Investments Inc now owns 143 shares of the home improvement retailer’s stock worth $52,000 after acquiring an additional 32 shares during the last quarter. Institutional investors and hedge funds own 70.86% of the company’s stock.

About Home Depot

The Home Depot, Inc (NYSE: HD) is a leading home improvement retailer that operates large-format stores and an integrated online platform offering a broad range of products and services for do-it-yourself consumers, professional contractors and businesses. The company was founded in 1978 by Bernard Marcus and Arthur Blank and is headquartered in Atlanta, Georgia. Since opening its first stores at the end of the 1970s, Home Depot has grown into a multinational retailer known for its orange-branded stores and wide assortment of home improvement merchandise.

Home Depot’s core business includes the sale of building materials, lumber, tools, hardware, appliances, paint, plumbing and electrical supplies, lawn and garden products, and home décor.