Wolfe Research Has Lowered Expectations for Home Depot (NYSE:HD) Stock Price

Posted by Defense World Staff on Feb 6th, 2026

Home Depot (NYSE:HD – Get Free Report) had its price objective reduced by stock analysts at Wolfe Research from $415.00 to $414.00 in a report released on Wednesday,MarketScreener reports. The firm presently has an “outperform” rating on the home improvement retailer’s stock. Wolfe Research’s target price suggests a potential upside of 8.36% from the stock’s previous close.

Several other research analysts have also recently weighed in on HD. Wall Street Zen cut Home Depot from a “hold” rating to a “sell” rating in a research note on Friday, November 28th. Evercore ISI cut their price target on shares of Home Depot from $450.00 to $425.00 and set an “outperform” rating for the company in a report on Wednesday, November 19th. DZ Bank reissued a “sell” rating on shares of Home Depot in a research note on Tuesday, November 18th. KGI Securities cut shares of Home Depot from an “outperform” rating to a “hold” rating and set a $320.00 target price for the company. in a report on Wednesday, November 19th. Finally, Argus decreased their price target on shares of Home Depot from $450.00 to $425.00 and set a “buy” rating on the stock in a research report on Thursday, November 20th. Twenty-one analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $404.47.

View Our Latest Stock Analysis on Home Depot

Home Depot Trading Down 1.3%

Home Depot stock opened at $382.06 on Wednesday. Home Depot has a 12-month low of $326.31 and a 12-month high of $426.75. The company has a debt-to-equity ratio of 3.82, a current ratio of 1.05 and a quick ratio of 0.29. The stock has a market capitalization of $380.34 billion, a PE ratio of 26.04, a price-to-earnings-growth ratio of 13.82 and a beta of 1.08. The firm has a 50 day simple moving average of $362.25 and a 200-day simple moving average of $379.35.

Home Depot (NYSE:HD – Get Free Report) last released its earnings results on Tuesday, November 18th. The home improvement retailer reported $3.74 earnings per share for the quarter, missing analysts’ consensus estimates of $3.83 by ($0.09). The firm had revenue of $41.35 billion during the quarter, compared to analyst estimates of $41.06 billion. Home Depot had a return on equity of 160.74% and a net margin of 8.77%.The business’s revenue for the quarter was up 2.8% on a year-over-year basis. During the same quarter last year, the company earned $3.78 earnings per share. Home Depot has set its FY 2025 guidance at 14.478-14.478 EPS. As a group, equities research analysts expect that Home Depot will post 15.13 EPS for the current fiscal year.

Insider Buying and Selling at Home Depot

In other Home Depot news, EVP Teresa Wynn Roseborough sold 2,872 shares of Home Depot stock in a transaction on Friday, December 26th. The shares were sold at an average price of $348.52, for a total transaction of $1,000,949.44. Following the completion of the sale, the executive vice president owned 13,196 shares of the company’s stock, valued at $4,599,069.92. This trade represents a 17.87% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, EVP Angie Brown sold 1,946 shares of the company’s stock in a transaction on Friday, December 12th. The stock was sold at an average price of $357.63, for a total transaction of $695,947.98. Following the completion of the transaction, the executive vice president directly owned 3,941 shares in the company, valued at $1,409,419.83. This trade represents a 33.06% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 4,963 shares of company stock valued at $1,748,845 in the last 90 days. 0.10% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Home Depot

Hedge funds have recently bought and sold shares of the company. Intrua Financial LLC boosted its position in shares of Home Depot by 1.6% in the fourth quarter. Intrua Financial LLC now owns 1,940 shares of the home improvement retailer’s stock valued at $668,000 after acquiring an additional 30 shares during the period. CDM Financial Counseling Services Inc. bought a new position in Home Depot during the fourth quarter worth $841,000. Arrow Financial Corp raised its stake in Home Depot by 2.8% during the 4th quarter. Arrow Financial Corp now owns 14,687 shares of the home improvement retailer’s stock valued at $5,054,000 after purchasing an additional 394 shares during the last quarter. Dougherty & Associates LLC bought a new stake in Home Depot in the 4th quarter valued at $1,156,000. Finally, Requisite Capital Management LLC boosted its holdings in Home Depot by 153.9% in the 4th quarter. Requisite Capital Management LLC now owns 1,267 shares of the home improvement retailer’s stock valued at $436,000 after purchasing an additional 768 shares during the period. 70.86% of the stock is currently owned by institutional investors.

Key Stories Impacting Home Depot

Here are the key news stories impacting Home Depot this week:

Positive Sentiment: Company is doubling down on its Pro strategy (digital tools, supply-chain integration, cross-selling) that could drive larger, higher-margin project business over time — a structural growth lever investors like. Here’s Why Home Depot’s Pro Strategy Is a Long-Term Growth Lever
Positive Sentiment: Restructuring and an in‑house marketing shift signal management is tightening operations and pursuing cost savings that could bolster margins if execution goes smoothly. Home Depot Restructuring Signals Tighter Operations And In House Marketing Shift
Neutral Sentiment: Wolfe Research trimmed its price target slightly (from $415 to $414) but kept an outperform rating — a minor revision that leaves consensus sentiment largely intact. Wolfe Research Adjusts Price Target on Home Depot to $414 from $415
Neutral Sentiment: Short-term price action has been choppy — the stock recently advanced while the broader market lagged, reflecting tactical buying and mixed investor positioning. Home Depot (HD) Advances While Market Declines
Negative Sentiment: Management said it is resetting the office workforce and reallocating resources toward tech and garden — layoffs and reorgs can create near-term disruption and execution risk that pressures sentiment. Home Depot Resets Office Workforce While Betting On Tech And Garden Growth
Negative Sentiment: Analyst commentary remains cautious: some writers say recent results and valuation leave HD less compelling right now, highlighting that restructuring benefits may take time to materialize. Home Depot: Why It Surprised Me, But Isn’t A Buy Yet

Home Depot Company Profile

(Get Free Report)

The Home Depot, Inc (NYSE: HD) is a leading home improvement retailer that operates large-format stores and an integrated online platform offering a broad range of products and services for do-it-yourself consumers, professional contractors and businesses. The company was founded in 1978 by Bernard Marcus and Arthur Blank and is headquartered in Atlanta, Georgia. Since opening its first stores at the end of the 1970s, Home Depot has grown into a multinational retailer known for its orange-branded stores and wide assortment of home improvement merchandise.

Home Depot’s core business includes the sale of building materials, lumber, tools, hardware, appliances, paint, plumbing and electrical supplies, lawn and garden products, and home décor.