The Home Depot, Inc. is the world’s largest home-improvement retailer, with a market cap of $376.6 billion. Despite a 3.2% decline in its stock over the past 52 weeks, the company has seen 4.9% year-over-year sales growth and a 1.4% increase in U.S. comparable sales. Analysts expect EPS to decline by 1.5% to $15.01 for the current fiscal year ending in January 2026. The stock has received a consensus “Strong Buy” rating from 36 analysts, with a mean price target of $437.76, representing a 14.3% premium from current levels.

Wolfe Research recently initiated coverage on Home Depot with an “Outperform” rating and a price target of $497, marking Spencer Hanus’s first recommendation on the stock. The Street-high price target of $497 suggests an upside potential of 29.7%.

Read more at Barchart: Is Wall Street Bullish or Bearish on Home Depot Stock?