Home Depot Stock Stuck Near Yearly Low Despite Q2 Beat
Home Depot's stock price has hovered near its yearly low of $277.15 after the company posted better-than-expected earnings in Q2 2026, but the share price remains below its 52-week high of $397.63.
The adjusted earnings per share reached $4.92, exceeding the consensus estimate of $4.73 by $0.19. Revenue for the quarter totaled $47.86 billion, a 5.7% year-over-year increase that surpassed the estimated $47.24 billion.
Analysts are divided on their target prices for Home Depot's stock, with an average 12-month price target of $375.18 and a range from Buy to Sell ratings among the 32 analysts who follow the company.
The next earnings report is scheduled for November 17, when investors will be looking for signs that the Q2 beat can continue, particularly given the company's reaffirmed fiscal 2026 diluted EPS guidance of $14.690 to $15.278.