Home Depot (NYSE:HD) Stock Price Expected to Rise, DA Davidson Analyst Says

Home Depot (NYSE:HD) had its target price raised by investment analysts at DA Davidson from $407.00 to $445.00 in a research note issued to investors on Tuesday, MarketBeat Ratings reports. The brokerage presently has a “buy” rating on the home improvement retailer’s stock. DA Davidson’s target price points to a potential upside of 18.52% from the company’s previous close.

HD has been the subject of a number of other reports. Weiss Ratings reiterated a “hold (c+)” rating on shares of Home Depot in a report on Monday, December 29th. Wall Street Zen cut shares of Home Depot from a “hold” rating to a “sell” rating in a research report on Friday, November 28th. Wolfe Research dropped their price target on shares of Home Depot from $415.00 to $414.00 and set an “outperform” rating for the company in a research report on Wednesday, February 4th. Bank of America decreased their price objective on shares of Home Depot from $450.00 to $430.00 and set a “buy” rating on the stock in a report on Wednesday, November 19th. Finally, Evercore lowered their price objective on shares of Home Depot from $450.00 to $425.00 and set an “outperform” rating for the company in a research report on Wednesday, November 19th. Twenty investment analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $414.97.

Home Depot Stock Performance

Home Depot stock opened at $375.45 on Tuesday. The firm has a 50 day simple moving average of $370.65 and a 200-day simple moving average of $380.09. The stock has a market cap of $373.77 billion, a price-to-earnings ratio of 26.38, a price-to-earnings-growth ratio of 13.83 and a beta of 1.08. The company has a debt-to-equity ratio of 3.62, a current ratio of 1.06 and a quick ratio of 0.29. Home Depot has a 1-year low of $326.31 and a 1-year high of $426.75.

Home Depot (NYSE:HD) last released its quarterly earnings data on Tuesday, February 24th. The home improvement retailer reported $2.72 EPS for the quarter, beating analysts’ consensus estimates of $2.52 by $0.20. The firm had revenue of $38.20 billion for the quarter, compared to analysts’ expectations of $38.01 billion. Home Depot had a return on equity of 134.32% and a net margin of 8.60%.The firm’s quarterly revenue was down 3.8% on a year-over-year basis. During the same period in the prior year, the firm posted $3.13 earnings per share. Home Depot has set its FY 2026 guidance at 14.230-14.799 EPS. On average, analysts expect that Home Depot will post 15.13 EPS for the current year.

Insider Transactions at Home Depot

In other news, EVP Teresa Wynn Roseborough sold 2,872 shares of the stock in a transaction on Friday, December 26th. The stock was sold at an average price of $348.52, for a total value of $1,000,949.44. Following the sale, the executive vice president directly owned 13,196 shares in the company, valued at approximately $4,599,069.92. This trade represents a 17.87% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Ann Marie Campbell sold 145 shares of the business’s stock in a transaction on Thursday, December 11th. The stock was sold at an average price of $358.26, for a total value of $51,947.70. Following the transaction, the executive vice president directly owned 12,320 shares of the company’s stock, valued at $4,413,763.20. The trade was a 1.16% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 4,963 shares of company stock valued at $1,748,845. 0.10% of the stock is currently owned by company insiders.

Institutional Trading of Home Depot

A number of large investors have recently made changes to their positions in the company. Norges Bank purchased a new stake in shares of Home Depot during the 4th quarter worth $4,850,329,000. Laurel Wealth Advisors LLC raised its stake in Home Depot by 36,207.5% in the second quarter. Laurel Wealth Advisors LLC now owns 10,076,783 shares of the home improvement retailer’s stock valued at $3,694,552,000 after buying an additional 10,049,029 shares in the last quarter. Wellington Management Group LLP lifted its holdings in Home Depot by 60.8% during the 3rd quarter. Wellington Management Group LLP now owns 10,143,089 shares of the home improvement retailer’s stock worth $4,109,878,000 after buying an additional 3,836,051 shares during the last quarter. Cardano Risk Management B.V. boosted its position in shares of Home Depot by 901.5% during the 4th quarter. Cardano Risk Management B.V. now owns 3,290,540 shares of the home improvement retailer’s stock worth $1,132,275,000 after acquiring an additional 2,961,979 shares in the last quarter. Finally, J. Stern & Co. LLP increased its holdings in shares of Home Depot by 14,869.3% in the 4th quarter. J. Stern & Co. LLP now owns 2,232,521 shares of the home improvement retailer’s stock valued at $768,210,000 after acquiring an additional 2,217,607 shares during the last quarter. 70.86% of the stock is currently owned by hedge funds and other institutional investors.

More Home Depot News

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

• Positive Sentiment: Q4 beat on the bottom and top line — Adjusted EPS of $2.72 topped estimates and revenue of $38.2B slightly beat forecasts, showing resilience (positive near‑term earnings surprise). PR Newswire: HD Q4 release
• Positive Sentiment: Dividend raised — Board increased the quarterly dividend to $2.33 (1.3% raise), supporting income investors and signaling confidence in cash flow. Dividend announcement
• Positive Sentiment: Analyst upsides piling up — Multiple firms raised price targets and reiterated buys (e.g., UBS, DA Davidson, Guggenheim, Telsey, Morgan Stanley), giving upward pressure on the stock over the medium term. Benzinga: analyst moves
• Neutral Sentiment: Pro‑customer momentum and mix shift — Home Depot highlighted pro (contractor/B2B) strength and digital growth, a structural positive that partially offsets weak DIY demand but may take time to materially lift comps. PYMNTS: B2B business
• Negative Sentiment: Tepid FY‑2026 guidance and “frozen” housing commentary — Management gave modest sales/EPS growth guidance (comps flat to +2%) and warned customers are deferring big projects, which re‑sets expectations and is the primary reason shares pulled back. Fortune: CEO comments
• Negative Sentiment: Peer caution amplified selling — Lowe’s cautious outlook and mixed retailer commentary renewed category fears (high rates, low housing turnover), triggering profit‑taking across home‑improvement names. QuiverQuant: sector jitters
• Negative Sentiment: Sales decline, margin pressure and valuation questions — Revenue was down 3.8% YoY and some analysts/commentators flagged margin compression and a premium valuation, giving bears ammunition. Seeking Alpha: valuation concerns
• Negative Sentiment: Insider selling and mixed institutional flows noted — Recent insider sales and some big institutional rebalances were flagged in the data feed, which can add short‑term selling pressure. Source: newsfeed data

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.