Home Depot stock slips after UBS keeps Buy rating

Published on 09/19/2026 at 12:01 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Home Depot stock closed at USD 302.51 on September 18, 2026, while UBS kept a Buy rating and set USD 420.00. Q2 fiscal 2026 sales were USD 47.86 billion, up 5.71 percent year over year.

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 (ISIN US4370761029) closed at USD 302.51 on September 18, 2026, and UBS kept a Buy rating with a USD 420.00 price target on the same day. The average analyst target cited in the same report was USD 387.16, while Goldman Sachs held a Buy call at USD 377.00.

UBS target stays high

According to The Globe and Mail on September 18, 2026, UBS analyst Michael Lasser kept a Buy rating on Home Depot and set a USD 420.00 price target. The same report put the consensus target at USD 387.16 and said Goldman Sachs also kept a Buy rating with a USD 377.00 target on September 14, 2026.

That leaves Home Depot stock below both targets at the end of the last trading day. The gap to UBS is USD 117.49 per share, or 38.88 percent versus the September 18, 2026 close of USD 302.51.

Q2 sales set the tone

Home Depot said on August 18, 2026, that second-quarter fiscal 2026 net sales reached USD 47.86 billion, up 5.71 percent from USD 45.28 billion a year earlier. Diluted EPS rose to USD 4.79 from USD 4.58, and comparable sales increased 1.7 percent.

As finanzen.ch reported on September 18, 2026, Home Depot's Q2 fiscal 2026 figures also showed EPS of USD 4.79 and revenue of USD 47.86 billion, with year-over-year sales growth of 5.71 percent. The publication said the company expects to present Q3 2026 results on November 17, 2026.

Stock still near the top

Home Depot stock traded at USD 302.51 on the NYSE on September 18, 2026, after closing at USD 302.51, with a market capitalization of USD 301.81 billion and a 52-week range of USD 289.10 to USD 418.58. The price was 8.4 percent above the 52-week low and 27.72 percent below the 52-week high.