Home Depot Stock Stands Firm Amid Trimmed Earnings Outlook
Home Depot's stock price has held steady at around $300 per share on September 21, 2026. According to MarketBeat, analysts have trimmed their long-term earnings per share (EPS) outlook for the company.
Erste Group Bank analyst S. Lingnau reduced his forecast for Home Depot's fiscal 2028 EPS to $16.00 from a previous estimate of $16.02. This is still above the current full-year consensus, which expects the company to earn $15.00 per share. The revised estimate implies projected growth of about 6.7 percent over that period.
MarketBeat reports that Home Depot stock carries an average rating of Moderate Buy based on 18 Buy recommendations and 13 Hold ratings from analysts. The consensus price target is $375.18, which represents upside potential of around 25.1 percent if the average target is reached.