Home Depot Stock Trades Near Annual Low Amid Strong Q2 Sales
Home Depot's stock was trading at $254.70 on September 30, 2026, an increase of 0.15% from the previous day's close of $254.33.
UBS maintained its 'Buy' rating and a price target of $420.00 after discussions with Home Depot executives.
The company reported strong Q2 sales, beating consensus estimates with revenue reaching $47.86 billion, up 5.70% year-over-year, and adjusted earnings per share at $4.92, above the expected $4.73.
Home Depot reaffirmed its fiscal 2026 sales guidance of flat to 2.00% growth and reported comparable-sales growth of 1.70% for the quarter.