Home Depot (NYSE:HD) Price Target Cut to $310.00 by Analysts at Oppenheimer

Posted by ABMN Staff on May 19th, 2026

Home Depot (NYSE:HD – Free Report) had its target price trimmed by Oppenheimer from $405.00 to $310.00 in a report released on Monday,Benzinga reports. The firm currently has a market perform rating on the home improvement retailer’s stock.

HD has been the topic of a number of other research reports. Daiwa Securities Group boosted their target price on Home Depot from $360.00 to $390.00 and gave the company a “neutral” rating in a research report on Thursday, February 26th. The Goldman Sachs Group cut their target price on Home Depot from $413.00 to $409.00 in a research report on Wednesday, February 25th. Jefferies Financial Group boosted their target price on Home Depot from $424.00 to $454.00 and gave the company a “buy” rating in a research report on Tuesday, February 24th. Citigroup cut their target price on Home Depot from $450.00 to $400.00 and set a “buy” rating on the stock in a research report on Tuesday, May 12th. Finally, Telsey Advisory Group reissued an “outperform” rating and issued a $435.00 target price on shares of Home Depot in a research report on Wednesday, March 25th. Twenty research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $401.34.

Check Out Our Latest Analysis on Home Depot

Home Depot Trading Up 0.8%

HD opened at $299.98 on Monday. Home Depot has a one year low of $296.88 and a one year high of $426.75. The stock has a market capitalization of $298.79 billion, a PE ratio of 21.08, a P/E/G ratio of 3.43 and a beta of 1.00. The business’s 50 day moving average price is $330.53 and its 200 day moving average price is $353.57. The company has a debt-to-equity ratio of 3.62, a quick ratio of 0.26 and a current ratio of 1.06.

Home Depot (NYSE:HD – Get Free Report) 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. As a group, equities research analysts expect that Home Depot will post 15.03 EPS for the current year.

Home Depot Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 26th. Shareholders of record on Thursday, March 12th were paid a $2.33 dividend. This is a boost from Home Depot’s previous quarterly dividend of $2.30. This represents a $9.32 annualized dividend and a yield of 3.1%. The ex-dividend date was Thursday, March 12th. Home Depot’s payout ratio is currently 65.50%.

Insider Transactions at Home Depot

In other Home Depot news, CFO Richard V. Mcphail sold 2,550 shares of the company’s stock in a transaction on Wednesday, March 4th. The shares were sold at an average price of $368.89, for a total value of $940,669.50. Following the completion of the transaction, the chief financial officer owned 44,566 shares in the company, valued at $16,439,951.74. This represents a 5.41% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. 0.08% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Home Depot

Several large investors have recently bought and sold shares of HD. Curio Wealth LLC boosted its stake in shares of Home Depot by 13.5% during the fourth quarter. Curio Wealth LLC now owns 218 shares of the home improvement retailer’s stock worth $76,000 after buying an additional 26 shares during the period. Arcus Capital Partners LLC boosted its stake in shares of Home Depot by 1.1% during the third quarter. Arcus Capital Partners LLC now owns 2,445 shares of the home improvement retailer’s stock worth $991,000 after buying an additional 27 shares during the period. Westfuller Advisors LLC boosted its stake in shares of Home Depot by 2.1% during the fourth quarter. Westfuller Advisors LLC now owns 1,325 shares of the home improvement retailer’s stock worth $456,000 after buying an additional 27 shares during the period. Darwin Wealth Management LLC boosted its stake in shares of Home Depot by 0.5% during the fourth quarter. Darwin Wealth Management LLC now owns 4,949 shares of the home improvement retailer’s stock worth $1,703,000 after buying an additional 27 shares during the period. Finally, Alesco Advisors LLC boosted its stake in shares of Home Depot by 3.2% during the fourth quarter. Alesco Advisors LLC now owns 866 shares of the home improvement retailer’s stock worth $298,000 after buying an additional 27 shares during the period. Institutional investors and hedge funds own 70.86% of the company’s stock.

Home Depot News Summary

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

Positive Sentiment: Some analysts still see upside potential, with Barclays remaining constructive on Home Depot amid improving fundamentals and easier comparisons, while other commentary suggests the company could benefit if housing activity stabilizes. Barclays Bullish on Home Depot Inc. (HD) amid Improving Fundamentals and Comparisons
Positive Sentiment: Several previews argue the upcoming earnings report could reveal stronger-than-expected performance and potentially reset expectations higher if Home Depot shows resilience in sales and profitability. Home Depot’s Next Earnings Report on May 19 Could Send the Stock Soaring. Here’s Why.
Neutral Sentiment: Wall Street expects a big post-earnings move, with options traders pricing in a sizable swing around the results, but that reflects uncertainty rather than a clear directional catalyst. Home Depot (HD) Stock Options Traders Are Pricing In a $15 Price Swing after Earnings
Negative Sentiment: Piper Sandler said demand trends remain sluggish and trimmed its price target slightly, reinforcing concerns that Home Depot’s near-term sales growth could stay muted. Home Depot (HD) Faces Sluggish Demand Trends, Says Piper Sandler
Negative Sentiment: Oppenheimer cut its price target sharply to $310 and moved to a market-perform rating, signaling more caution ahead of earnings as investors worry about housing weakness and consumer pressure. Semi And Options Mania Collide With Bond Rout Ahead Of Earnings From Nvidia, Home Depot, Walmart
Negative Sentiment: Multiple previews say Home Depot may lower full-year guidance when it reports, which would likely pressure the stock if management confirms softer demand and margin headwinds. Home Depot, Lowe’s Seen Trimming Full-Year Outlook as Macro Pressures Build, Oppenheimer Says

About Home Depot

(Get Free Report)

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.