Lowe's vs Home Depot: Which Stock is Poised for Rebound Amid Weakness

Home improvement stocks Lowe's and Home Depot have been underperforming lately, but investors are weighing which one to buy amid the weakness. According to recent data, Home Depot currently has a stronger operating trend with 1.7% comparable-sales growth versus Lowe's 0.2%. However, Lowe's looks better positioned for a rebound on valuation with a P/E of 17.0x compared to Home Depot's 22.0x.

Lowe's price has dropped by 25.36% over the past year and is currently trading at $200.80 as of September 8, 2026. The company's revenue recovered to $86.29 billion for the fiscal year ended January 30, 2026, from $83.67 billion previously. Its levered free cash flow remained resilient at $7.65 billion as of January 31, 2026.

On the other hand, Home Depot's comparable sales grew 1.7% in Q2 2026, versus Lowe's 0.2%. The company's revenue reached $164.68 billion as of February 1, 2026. However, its P/E was higher at 22.0x as of July 31, 2026.

Analysts suggest that while Home Depot has momentum, Lowe's cheapness could amplify an improvement in the company's sales stabilization. However, there is a risk that Lowe's cheapness reflects a prolonged recovery delay.