Home Depot stock edges lower as analysts stick to a moderate buy view

Home Depot stock has eased slightly ahead of the next earnings update, while analysts continue to rate the shares as a moderate buy with an average target well above the current price level.

The Home Depot, Inc. stock (ISIN US4370761029) closed at 318.63 USD on the New York Stock Exchange on September 3, 2026, a decline of 0.36 percent from the previous session according to market data compiled by MarketBeat.

Analysts maintain a moderate buy stance

According to MarketBeat data on Home Depot, the consensus rating on the shares is moderate buy, based on eighteen buy recommendations, thirteen hold ratings and one sell view from equities research analysts.

The same overview shows an average analyst price target of 375.54 USD for Home Depot stock, implying upside potential of around 17.8 percent compared with the closing price of 318.63 USD as of September 3, 2026.

Latest quarterly figures and dividend context

Recent analyst summaries report that Home Depot most recently delivered quarterly earnings per share of 4.92 USD, beating the consensus estimate of 4.73 USD by 0.19 USD for that reporting period, highlighting a modest positive surprise in profitability.

Across the current fiscal year, equity analysts covering Home Depot expect the company to generate about 15.00 USD in earnings per share, according to aggregated forecasts cited in recent analyst commentary.

The home improvement retailer also continues to return cash to shareholders. Analyst reports note a quarterly dividend of 2.33 USD per share, corresponding to an annualized dividend of 9.32 USD and a dividend yield near 2.9 percent based on the current share price level.

Home Depot stores and key product focus

Home Depot operates a wide network of big box home improvement stores across the United States, Canada and Mexico, supplying professional contractors and do it yourself consumers with building materials, tools, garden supplies and home improvement products.

A prominent product category for Home Depot is power tools and related equipment, which are central to do it yourself projects and professional construction work and represent an important driver of comparable store sales within the broader merchandising mix.

Stock level and investor view

At a closing price of 318.63 USD on September 3, 2026, Home Depot stock remains below many analyst target prices but offers an ongoing dividend yield close to 2.9 percent, putting the shares in focus for income oriented investors as well as those looking for exposure to the North American home improvement market.

Home Depot stock at a glance

• Company: The Home Depot, Inc.
• ISIN: US4370761029
• Ticker: HD
• Trading venue: NYSE
• Price (as of September 3, 2026, 03:59): 318.63 USD
• Market capitalization: 318,000,000,000 USD (as of September 3, 2026)
• Sector / Industry: Consumer Discretionary / Home Improvement Retail
• Index membership: S&P 500