The Home Depot, Inc. (NYSE:HD) Stock Has Average Price Target of $375.18 According to Analysts

The Home Depot, Inc. (NYSE:HD) has received an average recommendation of “Moderate Buy” from the thirty-two research firms that are currently covering the company, Marketbeat Ratings reports. One research analyst has rated the stock with a sell recommendation, thirteen have issued a hold recommendation and eighteen have issued a buy recommendation on the company. The average 1-year target price among brokers that have issued a report on the stock in the last year is $375.93.

HD has been the topic of several research analyst reports. Royal Bank Of Canada reduced their price target on shares of Home Depot from $343.00 to $342.00 and set a “sector perform” rating on the stock in a research report on Wednesday, August 19th. Melius Research set a $397.00 price objective on Home Depot in a report on Tuesday. Mizuho upped their price objective on Home Depot from $385.00 to $390.00 and gave the company an “outperform” rating in a research note on Wednesday, August 19th. Wells Fargo & Company increased their target price on Home Depot from $360.00 to $400.00 and gave the stock an “overweight” rating in a report on Tuesday, August 11th. Finally, KeyCorp restated a “sector weight” rating on shares of Home Depot in a research note on Wednesday, August 19th.

Key Stories Impacting Home Depot

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

• Positive Sentiment: Home Depot’s free-cash-flow yield is estimated at 5.4%, above the S&P 500 median of 4.5%. That valuation could attract investors if the market concludes the retailer’s business is temporarily out of favor rather than facing a structural decline. Why Is Everyone Ignoring Home Depot Stock’s High Cash Yield?
• Positive Sentiment: The company’s 2026 Innovation Awards highlighted products designed to make renovation projects faster and easier, including Hampton Bay and Glacier Bay ready-to-assemble cabinets with tool-free ClickReady assembly. Such products may support customer engagement and DIY demand, though the direct financial effect is likely limited near term. The Home Depot Announces 2026 Innovation Award Winners
• Neutral Sentiment: Melius Research issued a new rating on Home Depot. The report may influence analyst sentiment, but the available headline does not specify the rating or its price target. Home Depot Receives a New Rating from Melius Research
• Neutral Sentiment: Home Depot outperformed the broader market in the prior session, but that rebound has not changed the stock’s broader downward trend. Home Depot Beats Stock Market Upswing
• Negative Sentiment: Technical analysts say the area near $288, previously support, may now act as resistance. Failure to reclaim that level could signal another leg lower and is contributing to near-term selling pressure. Stock of the Day: Will Home Depot Continue to Trend Lower?
• Negative Sentiment: Jim Cramer sees limited relief for HD until interest rates decline. Higher rates can delay housing activity, remodeling projects and large discretionary purchases, weighing on the retailer’s recovery prospects. Jim Cramer Sees Little Relief for Home Depot Until Rates Fall

Home Depot Stock Down 0.4%

HD stock opened at $285.54 on Thursday. The company has a current ratio of 1.08, a quick ratio of 0.31 and a debt-to-equity ratio of 2.64. The firm has a 50 day simple moving average of $319.10 and a 200-day simple moving average of $325.60. The company has a market capitalization of $284.88 billion, a P/E ratio of 19.98, a PEG ratio of 2.04 and a beta of 1.00. Home Depot has a twelve month low of $277.15 and a twelve month high of $397.63.

Home Depot (NYSE:HD) last posted its quarterly earnings data 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. The firm had revenue of $47.86 billion for the quarter, compared to the consensus estimate of $47.24 billion. Home Depot had a net margin of 8.41% and a return on equity of 106.42%. The firm’s revenue was up 5.7% compared to the same quarter last year. During the same period in the prior year, the firm posted $4.68 EPS. Home Depot has set its FY 2026 guidance at 14.690-15.278 EPS. On average, equities research analysts predict that Home Depot will post 15.01 earnings per share for the current fiscal year.

Home Depot Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, September 17th. Stockholders of record on Thursday, September 3rd were given a $2.33 dividend. This represents a $9.32 dividend on an annualized basis and a dividend yield of 3.3%. The ex-dividend date was Thursday, September 3rd. Home Depot’s dividend payout ratio (DPR) is presently 65.22%.

Insider Buying and Selling at Home Depot

In related news, CAO Kimberly R. Scardino sold 675 shares of the stock in a transaction dated Thursday, September 10th. The shares were sold at an average price of $305.95, for a total transaction of $206,516.25. Following the sale, the chief accounting officer owned 8,189 shares in the company, valued at $2,505,424.55. This represents a 7.62% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Michael F. Rowe sold 710 shares of the stock in a transaction dated Wednesday, August 26th. The stock was 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. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 9,829 shares of company stock valued at $3,339,314. Corporate insiders own 0.08% of the company’s stock.

Hedge Funds Weigh In On Home Depot

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Zeit Capital LLC bought a new position in Home Depot during the 2nd quarter worth $26,000. Cache Advisors LLC bought a new stake in Home Depot in the first quarter valued at $27,000. Merkkuri Wealth Advisors LLC bought a new stake in Home Depot in the first quarter valued at $28,000. Abound Financial LLC acquired a new position in shares of Home Depot during the fourth quarter valued at $29,000. Finally, Osbon Capital Management LLC acquired a new stake in shares of Home Depot in the 4th quarter worth about $29,000. 70.86% of the stock is currently owned by institutional investors and hedge funds.

Home Depot Company Profile

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.