Home Depot (NYSE:HD) Price Target Lowered to $310.00 at Oppenheimer

Home Depot (NYSE:HD) had its price target lowered by equities research analysts at Oppenheimer from $405.00 to $310.00 in a research note issued to investors on Monday,Benzinga reports. The firm presently has a “market perform” rating on the home improvement retailer’s stock. Oppenheimer’s target price would indicate a potential upside of 4.26% from the stock’s previous close.

Other analysts also recently issued reports about the company. Gordon Haskett dropped their price objective on Home Depot from $395.00 to $330.00 in a research report on Friday, May 8th. Guggenheim lifted their target price on Home Depot from $400.00 to $425.00 and gave the company a “buy” rating in a research report on Wednesday, February 25th. Bank of America initiated coverage on Home Depot in a research note on Tuesday, May 5th. They set a “buy” rating and a $374.00 target price for the company. Stifel Nicolaus set a $320.00 target price on shares of Home Depot in a report on Monday. Finally, DA Davidson raised their price target on shares of Home Depot from $407.00 to $445.00 and gave the company a “buy” rating in a research note on Tuesday, February 24th. Twenty analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $401.34.

Home Depot Stock Performance

Shares of NYSE:HD opened at $297.34 on Monday. Home Depot has a 1 year low of $296.88 and a 1 year high of $426.75. The stock has a market capitalization of $296.16 billion, a price-to-earnings ratio of 20.90, a price-to-earnings-growth ratio of 3.43 and a beta of 1.00. The company has a debt-to-equity ratio of 3.62, a current ratio of 1.06 and a quick ratio of 0.26. The company’s 50 day simple moving average is $331.77 and its 200 day simple moving average is $354.17.

Home Depot (NYSE:HD) last released its earnings results on Tuesday, February 24th. The home improvement retailer reported $2.72 earnings per share for the quarter, topping the consensus estimate of $2.52 by $0.20. The firm had revenue of $38.20 billion during 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 company’s quarterly revenue was down 3.8% on a year-over-year basis. During the same period in the prior year, the company earned $3.13 earnings per share. Home Depot has set its FY 2026 guidance at 14.230-14.799 EPS. As a group, research analysts predict that Home Depot will post 15.03 EPS for the current fiscal year.

Insider Buying and Selling at Home Depot

In other news, CFO Richard V. Mcphail sold 2,550 shares of the company’s stock in a transaction that occurred on Wednesday, March 4th. The stock was 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 of the company’s stock, valued at $16,439,951.74. This represents a 5.41% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Company insiders own 0.08% of the company’s stock.

Institutional Investors Weigh In On Home Depot

A number of institutional investors have recently added to or reduced their stakes in the business. Brighton Jones LLC increased its stake in shares of Home Depot by 36.5% in the fourth quarter. Brighton Jones LLC now owns 26,918 shares of the home improvement retailer’s stock valued at $10,471,000 after buying an additional 7,203 shares during the period. Sivia Capital Partners LLC lifted its stake in shares of Home Depot by 7.1% in the second quarter. Sivia Capital Partners LLC now owns 2,598 shares of the home improvement retailer’s stock worth $952,000 after acquiring an additional 173 shares during the period. Schnieders Capital Management LLC. boosted its holdings in Home Depot by 14.1% in the second quarter. Schnieders Capital Management LLC. now owns 11,587 shares of the home improvement retailer’s stock valued at $4,248,000 after acquiring an additional 1,433 shares during the last quarter. Darwin Wealth Management LLC acquired a new stake in Home Depot during the 2nd quarter valued at approximately $1,773,000. Finally, Financial Advisors Network Inc. increased its position in Home Depot by 11.3% during the 2nd quarter. Financial Advisors Network Inc. now owns 2,368 shares of the home improvement retailer’s stock valued at $868,000 after purchasing an additional 241 shares during the period. 70.86% of the stock is owned by institutional investors.

Key Headlines Impacting Home Depot

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

• Positive Sentiment: Barclays turned constructive on Home Depot, citing improving fundamentals and easier year-over-year comparisons, which could support the stock if Q1 results confirm a stabilizing trend. Barclays Bullish on Home Depot Inc. (HD) amid Improving Fundamentals and Comparisons
• Positive Sentiment: Some analysts see upside into earnings, with articles highlighting the possibility that Home Depot could “soar” if results show the stock has fallen too far relative to its earnings potential. Home Depot’s Next Earnings Report on May 19 Could Send the Stock Soaring. Here’s Why.
• Positive Sentiment: Steve Cohen was highlighted as seeing Home Depot as a large-cap name with strong upside potential, reinforcing the view that the stock may be undervalued after its pullback. Billionaire Steve Cohen’s 5 Large-Cap Stock Picks with Highest Upside Potential
• Neutral Sentiment: Options traders are pricing in a sizable post-earnings move, signaling elevated volatility rather than a clear directional bet. Home Depot (HD) Stock Options Traders Are Pricing In a $15 Price Swing after Earnings
• Neutral Sentiment: Coverage pieces note that Home Depot is one of several retail and housing-related stocks to watch this week, reflecting anticipation around broader economic data and earnings rather than a single company-specific catalyst. Home Sales, Nvidia, Walmart, Home Depot, Target, and More to Watch This Week
• Negative Sentiment: Weak consumer-spending commentary from Whirlpool added to recession concerns, which could hurt sentiment toward Home Depot if shoppers keep pulling back on home-improvement spending. Whirlpool’s CEO Warns Consumer Spending Today Looks Like the 2008 Financial Crisis
• Negative Sentiment: Home Depot shares fell alongside other retail names after hotter producer-price data raised concerns about margin pressure and slower real consumer spending. Tractor Supply and Home Depot Stocks Trade Down, What You Need To Know
• Negative Sentiment: Investor and activist attention around privacy and social-policy issues adds a small but notable governance overhang ahead of earnings, even as DuraSack expands into more than 1,900 Home Depot stores. How Do DuraSack’s Store Rollout and Privacy Activism Reframe Home Depot’s (HD) Risk?Reward Story?

Home Depot Company Profile

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.