Evercore sets USD 400 target for Home Depot stock
Published on 10/14/2026 at 10:32 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst actions precede results
- Melius set a USD 397.00 target on October 6, 2026.
- Home Depot reported USD 47.86 billion in revenue for the second quarter of fiscal 2026.
- Home Depot stock was trading at EUR 263.65 at 10:29 a.m. CEST on October 14, 2026.
Home Depot stock (ISIN US4370761029) was trading at EUR 263.65 at Lang & Schwarz on October 14, 2026, at 10:29 a.m. CEST. Evercore ISI analyst Greg Melich maintained a Buy rating and set a USD 400.00 price target on October 13, 2026, according to Markets Insider.
Three analyst signals in October
Home Depot's latest analyst sequence began on October 6, 2026, when Melius Research initiated housing-sector coverage with a Buy rating and a USD 397.00 target, as CNBC reported.
On October 9, 2026, Melius Research was reported as upgrading Home Depot to Strong Buy, according to MarketBeat. The October 13 Evercore target therefore adds a second current bullish signal, while the two targets remain distinct figures from separate analyst actions.
What do the results show?
Home Depot reported USD 47.86 billion in revenue and USD 4.77 billion in net income for the second quarter of fiscal 2026, the period ended August 2, 2026. Revenue increased 5.70 percent from USD 45.28 billion in the year-earlier quarter, according to StockFactsheet.
The operating picture also includes investment. Zacks reported that Home Depot spent USD 880.00 million on capital expenditures in the second quarter of fiscal 2026, while digitally enabled sales rose 11.00 percent during the quarter. More than 65.00 percent of in-stock parcel deliveries arrived within one day, according to Zacks.
Results date and stock context
The Home Depot's next scheduled earnings release is November 17, 2026, according to its investor-relations calendar. The company recorded USD 164.70 billion in sales and a 13.10 percent adjusted operating margin for fiscal 2025, compared with USD 159.50 billion and 13.80 percent in fiscal 2024, respectively, on the same investor-relations page.
For investors, the combination of fresh analyst targets and resilient fiscal second-quarter revenue puts the November release at the center of the next valuation test. The revenue comparison is positive, but the targets of USD 397.00 and USD 400.00 also show that analysts are measuring the stock against a recovery in housing-related demand rather than against the latest quarter alone.
Current euro quote
At Lang & Schwarz, Home Depot stock was trading at EUR 263.65 on October 14, 2026, at 10:29 a.m. CEST. The US listing is on the NYSE, where the finance quote showed USD 293.92 at October 13, 2026, 4:00 p.m. ET, with a market capitalization of USD 293.1 billion and a 52-week range of USD 277.15 to USD 397.63.
The further course of trading is shown by the continuously updated real-time quote of Home Depot stock.
Home Depot stock facts
- Company: The Home Depot, Inc.
- ISIN: US4370761029
- Ticker: HD
- Primary exchange: NYSE
- Price Lang & Schwarz (as of October 14, 2026, 10:29 a.m. CEST): EUR 263.65
- Market capitalization: USD 293.1 billion (as of October 13, 2026)
- 52-week range: USD 277.15-397.63 (as of October 13, 2026)
- Sector / Industry: Consumer discretionary / home improvement retail
- Next earnings date: November 17, 2026
Market context: Market report S&P 500.
