The Home Depot, Inc. is a home improvement retailer based in Atlanta, Georgia, with a market cap of $372.9 billion. Despite underperforming the broader market last year, HD stock is up 9.9% in 2026, surpassing the S&P 500 Index’s 1.9% rise YTD. HD has also outperformed iShares U.S. Home Construction ETF.

HD’s underperformance is attributed to a tough operating environment with fewer storms impacting categories and ongoing consumer uncertainty. Analysts expect HD’s EPS to decline 4.9% to $14.50 for the current fiscal year, ending in January.

Among the 34 analysts covering HD stock, the consensus is a “Moderate Buy,” with 21 “Strong Buy” ratings. Truist Financial Corporation kept a “Buy” rating on HD and raised the price target to $405 on January 16, implying a potential upside of 7.1% from current levels.

The mean price target of $396.72 represents a 4.9% premium to HD’s current price levels. The Street-high price target of $450 suggests an upside potential of 19%. Configuration is less bullish than three months ago, with fewer analysts suggesting a “Strong Buy.”

Read more at Yahoo Finance: Are Wall Street Analysts Predicting Home Depot Stock Will Climb or Sink?