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

Posted by Brian Himes on Oct 4th, 2026

The Home Depot, Inc. (NYSE:HD – Get Free Report) has earned an average rating of “Moderate Buy” from the thirty-two research firms that are presently covering the company, Marketbeat.com reports. One equities research analyst has rated the stock with a sell rating, thirteen have issued a hold rating and eighteen have issued a buy rating on the company. The average 1 year target price among brokers that have issued ratings on the stock in the last year is $375.18.

HD has been the topic of several analyst reports. Sanford C. Bernstein cut their price target on shares of Home Depot from $354.00 to $344.00 and set a “market perform” rating on the stock in a research report on Wednesday, September 9th. Truist Financial upped their price target on shares of Home Depot from $369.00 to $373.00 and gave the stock a “buy” rating in a research report on Wednesday, August 19th. Royal Bank Of Canada cut their price target on Home Depot from $343.00 to $342.00 and set a “sector perform” rating for the company in a report on Wednesday, August 19th. DA Davidson restated a “buy” rating and issued a $377.00 price target on shares of Home Depot in a research note on Wednesday, August 19th. Finally, Wells Fargo & Company raised their target price on shares of Home Depot from $360.00 to $400.00 and gave the stock an “overweight” rating in a report on Tuesday, August 11th.

Read Our Latest Stock Report on HD

Home Depot Price Performance

NYSE HD opened at $283.02 on Thursday. The stock has a market cap of $282.36 billion, a price-to-earnings ratio of 19.81, a PEG ratio of 3.11 and a beta of 1.00. Home Depot has a 52-week low of $277.15 and a 52-week high of $397.63. The company has a debt-to-equity ratio of 2.64, a quick ratio of 0.31 and a current ratio of 1.08. The business has a 50 day simple moving average of $322.40 and a 200 day simple moving average of $326.75.

Home Depot (NYSE:HD – Get Free Report) last issued its quarterly earnings results on Tuesday, August 18th. The home improvement retailer reported $4.92 EPS for the quarter, beating analysts’ consensus estimates of $4.73 by $0.19. Home Depot had a return on equity of 106.42% and a net margin of 8.41%.The company had revenue of $47.86 billion for the quarter, compared to analyst estimates of $47.24 billion. During the same period in the previous year, the company posted $4.68 earnings per share. The company’s quarterly revenue was up 5.7% compared to the same quarter last year. Home Depot has set its FY 2026 guidance at 14.690-15.278 EPS. Analysts anticipate that Home Depot will post 15.01 earnings per share for the current fiscal year.

Home Depot Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, September 17th. Shareholders of record on Thursday, September 3rd were issued a $2.33 dividend. This represents a $9.32 annualized dividend and a yield of 3.3%. The ex-dividend date of this dividend was Thursday, September 3rd. Home Depot’s dividend payout ratio (DPR) is currently 65.22%.

Insider Activity

In related news, EVP Michael Rowe sold 710 shares of the stock in a transaction that occurred on Wednesday, August 26th. The shares were sold at an average price of $336.76, for a total transaction of $239,099.60. Following the sale, the executive vice president owned 6,838 shares in the company, valued at approximately $2,302,764.88. This trade represents a 9.41% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CAO Kimberly Scardino sold 675 shares of Home Depot stock in a transaction on Thursday, September 10th. The shares were sold at an average price of $305.95, for a total value of $206,516.25. Following the completion of the transaction, the chief accounting officer owned 8,189 shares in the company, valued at approximately $2,505,424.55. The trade was a 7.62% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 9,829 shares of company stock worth $3,339,314. Insiders own 0.08% of the company’s stock.

Hedge Funds Weigh In On Home Depot

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. QRG Capital Management Inc. grew its position in Home Depot by 7.0% during the 2nd quarter. QRG Capital Management Inc. now owns 172,877 shares of the home improvement retailer’s stock worth $60,970,000 after acquiring an additional 11,256 shares during the last quarter. Envestnet Portfolio Solutions Inc. raised its position in Home Depot by 9.6% in the second quarter. Envestnet Portfolio Solutions Inc. now owns 49,096 shares of the home improvement retailer’s stock valued at $17,315,000 after purchasing an additional 4,292 shares during the last quarter. Envestnet Asset Management Inc. boosted its stake in shares of Home Depot by 0.4% during the second quarter. Envestnet Asset Management Inc. now owns 2,596,155 shares of the home improvement retailer’s stock valued at $915,609,000 after purchasing an additional 10,708 shares in the last quarter. State Street Corp grew its holdings in shares of Home Depot by 1.1% during the second quarter. State Street Corp now owns 47,175,026 shares of the home improvement retailer’s stock worth $16,637,688,000 after purchasing an additional 499,168 shares during the last quarter. Finally, Security National Bank of Sioux City Iowa IA grew its holdings in shares of Home Depot by 30.9% during the second quarter. Security National Bank of Sioux City Iowa IA now owns 8,093 shares of the home improvement retailer’s stock worth $2,854,000 after purchasing an additional 1,909 shares during the last quarter. Institutional investors own 70.86% of the company’s stock.

More Home Depot News

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

Positive Sentiment: Home Depot has an average brokerage recommendation equivalent to Buy, and the stock’s recent decline may attract value-oriented investors. However, the article cautions that sell-side ratings can be overly optimistic and should not be viewed as a standalone buy signal. Is It Worth Investing in Home Depot Based on Wall Street’s Bullish Views?
Positive Sentiment: Home Depot has returned approximately $65.6 billion to shareholders through dividends and repurchases over five years. Management is also investing in professional-customer initiatives, including an Express Delivery rollout intended to support contractors and potentially strengthen long-term growth. Is Home Depot A Bargain After Its Buyback Pause And Share Price Slide?
Neutral Sentiment: Analysts recently rated Home Depot a “Moderate Buy,” reinforcing broadly constructive sentiment but offering no new fundamental catalyst for the stock. The Home Depot Stock Rated Moderate Buy by Wall Street Brokerages
Neutral Sentiment: Coverage notes that Home Depot’s rival True Value is consolidating operations and closing a long-operating facility. This may highlight industry restructuring but has limited direct impact on Home Depot’s near-term results. Beloved Home Depot Rival Hardware Chain Store Closes
Negative Sentiment: The buyback pause since March 2024 has reduced a source of share-price support, while directing cash toward debt reduction and growth projects places greater emphasis on execution and cash generation. Buyback Pause and Share Price Slide
Negative Sentiment: Home Depot has fallen substantially over the past month despite a relatively stable broader market. Analysts warn that a wider market downturn could increase downside risk, particularly because the stock remains well below its key moving averages. How Risky Is Home Depot Stock?

About Home Depot

(Get Free Report)

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.