Home Depot stock sits near its yearly low as targets stay high

Published on 10/03/2026 at 22:00 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Home Depot earned USD 4.92 per adjusted share in Q2 2026, beating consensus by USD 0.19. Revenue rose 5.7 percent, while fiscal 2026 EPS guidance stayed at USD 14.690-15.278.

Photorealistic view down a long hardware warehouse aisle with towering metal shelving racks stocked with power tools, lumber, paint cans and plumbing supplies under bright fluorescent lighting on a polished concrete floor — Home Depot US4370761029 zeigt einen großen Baumarkt-Gang mit vollbepackten Hochregalen voller Werkzeuge, Illustration mit AI erstellt.

Home Depot stock was last at USD 282.85 on the NYSE on October 2, 2026, near its 52-week low of USD 277.15. As MarketBeat reported on October 1, 2026, analysts held a Moderate Buy consensus with an average 12-month price target of USD 375.18.

Quarterly beat meets cautious guidance

Home Depot's fiscal Q2 2026 results, released on August 18, delivered adjusted EPS of USD 4.92 against consensus of USD 4.73. The USD 0.19 beat came alongside revenue of USD 47.86 billion, up 5.7 percent from the same quarter a year earlier, according to MarketBeat.

The earnings beat did not produce a higher full-year outlook. Home Depot reaffirmed fiscal 2026 EPS guidance of USD 14.690-15.278, leaving the market to weigh improving sales against a restrained forecast.

Analysts see room above the quote

The consensus target of USD 375.18 stands USD 92.33 above the October 2 reference price of USD 282.85. MarketBeat counted 18 Buy, 13 Hold and one Sell rating among 32 analysts, while Mizuho raised its target from USD 385.00 to USD 390.00 on August 19, 2026.

The counterweight is housing demand. MarketBeat identified high borrowing costs and low housing turnover as pressures on large remodeling projects, even as Home Depot continues investing in digital tools, delivery and professional-customer services.

Next earnings date is November 17

The Home Depot's investor-relations calendar lists November 17, 2026, for the fiscal Q3 2026 earnings release. Until then, the key tension is clear: Q2 revenue growth and an EPS beat support the operating case, while the USD 282.85 NYSE price remains close to its yearly floor and fiscal guidance stays unchanged.