JP Morgan Maintains Overweight on Home Depot, Raises Price Target to $400

The Home Depot Recognized as a Military Friendly® Employer

The Home Depot has been designated as a Military Friendly® Employer for the 24th consecutive year.

Home Depot (HD) Reports Next Week: Wall Street Expects Earnings Growth

Home Depot is expected to report Q3 2026 earnings on November 17 with consensus estimates of $3.86 EPS (up 3.2% YoY) and $42.72B in revenues (up 3.3% YoY). The company has a positive Earnings ESP of +0.57% combined with a Zacks Rank #3, suggesting a likely earnings beat. Home Depot has beaten consensus estimates in 3 of the last 4 quarters.

How These 5 Big-Box Retailers Compete for the Same Shopper

Five major big-box retailers—Walmart, Costco, Target, Home Depot, and Lowe's—compete for household budget share through different strategies. Walmart leads on price and convenience with strong e-commerce growth, but trades at a premium 46x forward earnings valuation. Costco maintains loyalty through its membership model but faces similar valuation concerns. Target is executing a turnaround with improving sales and a more attractive 17.5x P/E multiple. Home Depot and Lowe's are pivoting toward the professional contractor market, with Lowe's offering better value at 17.5x earnings compared to Home Depot's mid-20s multiple.

11 Of 11 Sectors Fall In Tuesday Trading As Leaders Move Together

All 11 sectors are lower in Tuesday's regular session, with Financials, Consumer Staples and Consumer Discretionary at the top of the table. The leaders are clustered rather than separated, with the first three sectors grouped within a narrow range of performance.

Bernstein Maintains Market Perform on Home Depot, Raises Price Target to $357

Bernstein Adjusts Price Target on Home Depot to $357 From $344

Bernstein has updated its price target for The Home Depot, Inc., raising it from $344 to $357.