Evercore keeps USD 400 target. Home Depot stock falls 1.09 percent.

Published on 10/19/2026 at 09:24 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Evercore kept its USD 400 target on October 13, 2026. Home Depot stock costs EUR 276.45 on October 19, 2026, 1.09 percent below its EUR 279.50 Xetra close.

Housing demand and earnings timing

Evercore ISI maintained a Buy rating and USD 400.00 target on October 13, 2026.
Second-quarter revenue reached USD 47.86 billion versus USD 45.28 billion a year earlier.
Home Depot stock trades at EUR 276.45 at 9:20 a.m. CEST at Lang & Schwarz on October 19, 2026, 1.09 percent below the Xetra close of October 16, 2026.
The next quarterly report is scheduled for November 17, 2026.

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The Home Depot (ISIN US4370761029) was trading at EUR 276.45 at Lang & Schwarz on October 19, 2026, at 9:20 a.m. CEST, down 1.09 percent versus the Xetra close of October 16, 2026 at EUR 279.50. Evercore ISI maintained its Buy rating and set a USD 400.00 price target on October 13, 2026, according to Markets Insider.

The target keeps the housing cycle at the center of the investment case, but the latest operating figures show why the next report matters. Home Depot reported USD 47.86 billion in revenue and USD 4.77 billion in net profit for the quarter ended August 2, 2026, compared with USD 45.28 billion and USD 4.55 billion a year earlier, respectively, according to Markets Insider.

Three milestones since August

The recent sequence is clear. On August 2, 2026, the company posted second-quarter revenue of USD 47.86 billion. On October 6, 2026, Melius Research initiated coverage with a Buy rating and a USD 397.00 target, as CNBC reported. Evercore ISI then maintained its Buy rating and USD 400.00 target on October 13, 2026, according to Markets Insider.

What does the target mean for demand?

The answer depends on whether housing activity improves enough to lift larger repair and remodeling projects. Melius said existing-home supply could support a positive shift in demand over the next two to three years, while Home Depot's second-quarter revenue was already 5.70 percent above the comparable period's USD 45.28 billion, according to CNBC. That combination gives the target a measurable operating test rather than a purely valuation-based rationale.

The next report is November 17

The Home Depot's investor-relations calendar lists November 17, 2026, for the third-quarter earnings release, according to The Home Depot. The report will show whether revenue growth is translating into sustained profit growth as housing affordability continues to shape demand.

Euro quote turns lower

Home Depot's market capitalization was USD 308.9 billion on October 16, 2026, while its NYSE 52-week range was USD 277.15 to USD 397.63. At 9:20 a.m. CEST on October 19, 2026, the stock was trading at EUR 276.45 at Lang & Schwarz, 1.09 percent below the Xetra close of October 16, 2026 at EUR 279.50. The further course of trading is shown by the continuously updated real-time quote of Home Depot stock.