Home Depot Analysts See a Path to $375 and Beyond

Home Depot (HD) and Lowe's (LOW) shares fell over 14% in the past year amid housing market volatility. Cramer commented positively on both, noting HD's renovation business and LOW's strong online and professional segments. HD reported $47.8B revenue (5.7% YoY growth) and $4.92 EPS (beating estimates), but faced transaction declines and operating income growth lag. LOW's revenue grew 8.3% with online sales up 15.7%.

Home Depot (HD) reported Q2 revenue of $47.9B and EPS of $4.92, beating expectations. Shares rose despite unchanged guidance. The company offers a 2.67% dividend yield and has increased payouts for 17 straight years. However, growth is constrained by high mortgage rates and inflation, with analysts projecting modest revenue growth through 2028. HD remains profitable, with $4.8B in net income last quarter.

Retailers like Amazon (AMZN), Target (TGT), Walmart (WMT), Home Depot (HD), and Lowe's (LOW) received tariff refunds totaling over $100 billion. Walmart plans to use its $2.9 billion refund to lower prices, while Target used its $994 million to boost margins. Amazon received $600 million and will issue refunds to some customers and lower prices. Home Depot offset costs with its $730 million refund, and Lowe's is considering options for its $80 million refund. The Supreme Court's ruling led to th

Home Depot (HD) CEO Edward P. Decker has taken a temporary medical leave. Interim leadership roles have been assigned to Ann-Marie Campbell and Richard V. McPhail. The company states this is a temporary arrangement, with no change in strategic direction. Investors will watch for operational impacts and capital expenditure management during this period. Home Depot has a market cap of approximately $333.5 billion.

Major US retailers reported Q2 earnings, revealing $5B in Trump tariff refunds. Home Depot, Target, Lowe's, TJX, and Walmart received funds, with Walmart getting $2.9B. Companies used refunds to cut costs, boost profits, and pay bonuses, but not to lower prices for consumers. Lowe's lowered its annual projections. Tariffs have increased consumer costs by $1,100 annually, per Yale Budget Lab.

Home Depot reported Q2 fiscal 2026 adjusted EPS of $4.92 and revenue of $47.86 billion, beating estimates. Comparable sales grew 1.7%, and management reaffirmed full-year guidance. Shares rose 0.75% in premarket trading.