Home Depot stock: Evercore ISI keeps USD 400 target for Home Depot stock

Published on 10/21/2026 at 16:52 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Q2 sales rose 5.70 percent to USD 47.86 billion on August 2, 2026. Home Depot stock costs EUR 279.28 on October 21, 2026, down 0.66 percent versus Xetra close.

Analyst target and earnings date

Evercore ISI maintained a Buy rating and a USD 400.00 target on October 13, 2026.
Fiscal second-quarter sales rose 5.70 percent to USD 47.86 billion for the period ended August 2, 2026.
Home Depot stock cost EUR 279.28 at Lang & Schwarz on October 21, 2026 at 4:39 p.m. CEST, down 0.66 percent versus the Xetra close.
The next earnings release is scheduled for November 17, 2026.

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The Home Depot (ISIN US4370761029) has a USD 400.00 price target from Evercore ISI, which maintained its Buy rating on October 13, 2026, according to Markets Insider. At Lang & Schwarz, the stock was trading at EUR 279.28 on October 21, 2026 at 4:39 p.m. CEST, down 0.66 percent versus the Xetra close of October 20, 2026 at EUR 281.15.

Sales growth outpaced comparable demand

Home Depot reported fiscal second-quarter net sales of USD 47.86 billion for the period ended August 2, 2026, up 5.70 percent from USD 45.28 billion a year earlier, according to Smart Asset Desk. Comparable sales increased 1.70 percent, while comparable customer transactions declined 1.00 percent and the average ticket rose 2.80 percent.

The earnings mix matters because consolidated growth included acquired operations. Gross margin reached 33.70 percent, compared with 33.40 percent a year earlier, while GAAP operating margin fell to 14.30 percent from 14.50 percent in the same comparison.

Stock sits 21.12 percent below its high

The Home Depot traded at USD 313.67 on the NYSE on October 21, 2026 at 10:50 a.m. ET. Its 52-week range was USD 277.15 to USD 397.63, placing the stock 13.17 percent above its low and 21.12 percent below its high. Trading volume was 531,772 shares at that time.

Valuation and the next report date

The company had a market capitalization of USD 312.9 billion and a price-to-earnings ratio of 21.95 on October 21, 2026. The next earnings release is scheduled for November 17, 2026, according to the company investor-relations page at The Home Depot.

Comparison with peers

Home Depot: down 0.46 percent, price-to-earnings ratio 21.95, market capitalization USD 312.9 billion. Lowe's Companies (NYSE, USD): down 0.46 percent, price-to-earnings ratio 16.59, market capitalization USD 110.2 billion. Target (NYSE, USD): down 0.17 percent, price-to-earnings ratio 15.97, market capitalization USD 69.8 billion.

What the target means for the stock

Evercore ISI's USD 400.00 target stands 27.53 percent above the USD 313.67 NYSE price from October 21, 2026. The contrast between a constructive analyst view and the stock's position below its 52-week high leaves the November report as the next dated test of sales quality and operating leverage.

At Lang & Schwarz, Home Depot stock was trading at EUR 279.28 on October 21, 2026 at 4:39 p.m. CEST, down 0.66 percent versus the Xetra close of October 20, 2026 at EUR 281.15. The further course of trading is shown by the continuously updated real-time quote of Home Depot stock.