Home Depot Stock Steadies Ahead of Q2 Earnings Report

Home Depot Inc.'s stock has steadied in the high $330s ahead of its fiscal second-quarter earnings report on August 18, 2026. The company's guidance remains intact, with consensus forecasts pointing to a relatively measured but positive quarter.

The share price closed at $338.86 on August 14, 2026, representing a 0.81 percent decline for the day. This leaves the stock just below its recent peak around $358, with investors balancing modest growth expectations with a steady outlook.

Analysts expect Home Depot to deliver earnings per share between $4.71 and $4.73 on approximately $47 billion in revenue for the quarter, compared with EPS of $4.68 a year earlier and revenue that stood lower by comparison. This would mark EPS growth of roughly 0.6 percent year over year on mid-single-digit revenue growth.

Home Depot's guidance for full-year EPS is centered around a band between 14.690 and 15.278, indicating management's expectation that profit growth will be incremental but sustained over the current fiscal year. This guidance range implies that Wall Street's forecast for roughly 15 earnings per share in fiscal 2026 sits toward the upper half of management's outlook.