Home Depot stock trades near its yearly low after Q2 beat

Published on 10/04/2026 at 10:21 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Home Depot stock posted adjusted Q2 EPS of USD 4.92 against USD 4.73 consensus on August 18, 2026. Revenue rose 5.7 percent to USD 47.86 billion.

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 at 4:00 p.m. ET, 2.1 percent above its 52-week low of USD 277.15. The latest quarterly results delivered an earnings beat, but the share price remained close to its yearly floor.

Q2 beat meets a lower stock price

According to MarketBeat on October 1, 2026, adjusted earnings reached USD 4.92 per share in Q2 2026, compared with consensus of USD 4.73. The USD 0.19 per-share beat provides a clear contrast with the stock's October 2 price of USD 282.85.

Q2 2026 revenue totaled USD 47.86 billion, versus a consensus estimate of USD 47.24 billion, while revenue increased 5.7 percent year over year. The comparison matters because the result combines a quantified sales gain with a share price sitting 28.9 percent below its 52-week high of USD 397.63.

Analysts retain a broad target gap

MarketBeat reported on October 1, 2026, that 18 of 32 analysts rated Home Depot Buy, 13 rated it Hold and one rated it Sell. The average 12-month price target stood at USD 375.18, while the same report identified housing-market headwinds from borrowing costs and low housing turnover.

The target spread gives the market a measurable debate: earnings exceeded estimates, but the stock remains below its 50-day and 200-day moving averages cited in the October 3 market coverage. That combination puts the next report's operating trends ahead of broad rating labels for investors assessing whether the Q2 beat can persist.

Next results arrive November 17

The Home Depot's investor-relations calendar lists the Q3 2026 earnings release for November 17, 2026, according to The Home Depot. That date is the next scheduled checkpoint for sales growth, adjusted earnings and the company's fiscal 2026 outlook.

Home Depot reaffirmed fiscal 2026 diluted EPS guidance of USD 14.690 to USD 15.278 after the August 18, 2026 release, according to MarketBeat. The unchanged range makes November's execution and guidance commentary the central fundamental test.

Stock remains above its yearly low

Home Depot stock was last at USD 282.85 on the NYSE on October 2, 2026 at 4:00 p.m. ET, with a daily change of plus 0.14 percent from the USD 282.46 prior close. Market capitalization was USD 282.0 billion and trading volume was 4,723,854 shares on that session.