Home Depot Stock Lags Analyst Target Amid Earnings Woes

The Home Depot stock price is about 17% below its current average analyst price target of $375.18 as of September 9, 2026.

Bernstein reduced its price target on The Home Depot from $354 to $344, a cut of approximately 2.8%, while maintaining its Market Perform rating.

The latest earnings report for the second quarter of fiscal 2026 showed net sales increasing by about 2.9% year-over-year, but earnings per share (EPS) declined by around 1.9%

Home Depot continues to return cash to shareholders through a sizable dividend, with a quarterly payout of $2.33 per share and an annualized payout of $9.32.