The Home Depot stock near yearly low with Moderate Buy rating

The stock of The Home Depot (ISIN US4370761029) closed at USD 281.15 on the NYSE on October 5, 2026, marking a 0.60% decline. Despite the drop, shares remain 1.4% above their 52-week low of USD 277.15. Analysts have assigned the stock a Moderate Buy consensus rating, with an average price target of USD 375.18, suggesting a potential 33.5% upside from the current price.

According to MarketBeat on October 1, 2026, 32 analysts rated The Home Depot as a Moderate Buy, with 18 recommending Buy, 13 suggesting Hold, and one advising Sell. The varying price targets, such as Mizuho's increase from USD 385.00 to USD 390.00 and Royal Bank of Canada's slight reduction from USD 343.00 to USD 342.00, highlight the importance of the overall consensus over individual opinions.

The company reported fiscal Q2 2026 revenue of USD 47.86 billion, a 5.7% increase year-over-year. Adjusted earnings per share (EPS) reached USD 4.92, surpassing the consensus estimate of USD 4.73 by USD 0.19. However, the growth was uneven, with online sales rising 11% while comparable customer transactions fell 1%. The average ticket size increased by 2.8%, indicating larger purchases despite fewer transactions.

As of October 5, 2026, The Home Depot's market capitalization stood at USD 280.3 billion, with shares trading near their yearly low. The stock is 29.3% below its 52-week high of USD 397.63. The company's fiscal 2026 EPS guidance ranges from USD 14.690 to USD 15.278, with comparable sales expected to grow by up to 2%. The next earnings release is scheduled for November 17, 2026.