Lowe's vs Home Depot: Which Stock is Ready for a Rebound?

Lowe's and Home Depot have been underperforming in recent years, but one of them may be better positioned for a rebound. The rebound case for Lowe's Companies Inc (LOW) is mainly driven by valuation, with a price-to-earnings ratio (P/E) of 17.0x compared to Home Depot's 22.0x.

Lowe's has also seen its revenue recover to $86.29B for the fiscal year ended January 30, 2026, from $83.67B previously. However, Lowe's recently lowered guidance to the low end of its range and missed comparable sales estimates in August 2026.

On the other hand, Home Depot Inc (HD) has maintained its strong operating trend, with a 1.7% comparable-sales growth in Q2 2026 compared to Lowe's 0.2%. Home Depot also expanded three-hour delivery nationwide, supporting professional customers and urgent project purchases.