Home Depot (NYSE:HD) Price Target Raised to $390.00

Posted by Teresa Graham on Mar 1st, 2026

Home Depot (NYSE:HD – Free Report) had its price objective raised by Daiwa Securities Group from $360.00 to $390.00 in a research note issued to investors on Thursday,MarketScreener reports. They currently have a neutral rating on the home improvement retailer’s stock.

Other analysts have also recently issued reports about the company. Citigroup raised their price objective on Home Depot from $407.00 to $450.00 and gave the company a “buy” rating in a research report on Thursday, February 12th. Wolfe Research increased their price target on Home Depot from $413.00 to $414.00 and gave the company an “outperform” rating in a research note on Wednesday. Jefferies Financial Group lifted their price objective on shares of Home Depot from $424.00 to $454.00 and gave the stock a “buy” rating in a research report on Tuesday. The Goldman Sachs Group decreased their price objective on shares of Home Depot from $413.00 to $409.00 in a report on Wednesday. Finally, Zacks Research upgraded shares of Home Depot from a “strong sell” rating to a “hold” rating in a research note on Monday, February 9th. Twenty analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, Home Depot currently has an average rating of “Moderate Buy” and a consensus target price of $416.00.

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Home Depot Stock Performance

Shares of HD stock opened at $380.71 on Thursday. The company has a fifty day moving average price of $371.76 and a two-hundred day moving average price of $379.89. Home Depot has a one year low of $326.31 and a one year high of $426.75. The stock has a market cap of $379.00 billion, a P/E ratio of 26.75, a P/E/G ratio of 13.65 and a beta of 1.08. The company has a debt-to-equity ratio of 3.62, a current ratio of 1.06 and a quick ratio of 0.29.

Home Depot (NYSE:HD – Get Free Report) last issued its earnings results on Tuesday, February 24th. The home improvement retailer reported $2.72 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.52 by $0.20. Home Depot had a net margin of 8.60% and a return on equity of 134.32%. The company had revenue of $38.20 billion for the quarter, compared to analysts’ expectations of $38.01 billion. During the same period in the prior year, the firm earned $3.13 EPS. Home Depot’s quarterly revenue was down 3.8% compared to the same quarter last year. Home Depot has set its FY 2026 guidance at 14.230-14.799 EPS. As a group, equities analysts predict that Home Depot will post 15.13 EPS for the current year.

Home Depot Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 26th. Stockholders of record on Thursday, March 12th will be given a $2.33 dividend. The ex-dividend date of this dividend is Thursday, March 12th. This is a boost from Home Depot’s previous quarterly dividend of $2.30. This represents a $9.32 dividend on an annualized basis and a dividend yield of 2.4%. Home Depot’s dividend payout ratio (DPR) is presently 64.65%.

Insider Activity at Home Depot

In related news, EVP Angie Brown sold 1,946 shares of the firm’s stock in a transaction dated Friday, December 12th. The shares were sold at an average price of $357.63, for a total transaction of $695,947.98. Following the transaction, the executive vice president directly owned 3,941 shares of the company’s stock, valued at approximately $1,409,419.83. This trade represents a 33.06% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Ann Marie Campbell sold 145 shares of the business’s stock in a transaction dated Thursday, December 11th. The shares were sold at an average price of $358.26, for a total transaction of $51,947.70. Following the completion of the sale, the executive vice president directly owned 12,320 shares of the company’s stock, valued at $4,413,763.20. This represents a 1.16% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 4,963 shares of company stock worth $1,748,845. Corporate insiders own 0.10% of the company’s stock.

Institutional Investors Weigh In On Home Depot

Large investors have recently added to or reduced their stakes in the stock. Advocate Investing Services LLC acquired a new position in Home Depot in the fourth quarter valued at about $25,000. Parvin Asset Management LLC increased its holdings in Home Depot by 110.0% in the 3rd quarter. Parvin Asset Management LLC now owns 63 shares of the home improvement retailer’s stock valued at $26,000 after buying an additional 33 shares during the period. Key Capital Management INC acquired a new position in shares of Home Depot in the 4th quarter valued at approximately $28,000. Sagard Holdings Management Inc. bought a new stake in shares of Home Depot during the 2nd quarter worth approximately $29,000. Finally, Abound Financial LLC acquired a new stake in shares of Home Depot during the 4th quarter worth approximately $29,000. Institutional investors and hedge funds own 70.86% of the company’s stock.

More Home Depot News

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

Positive Sentiment: Q4 beats, revenue and dividend hike — Home Depot topped Q4 estimates (EPS and revenue), reported positive comparable‑store sales, and approved a 1.3% dividend increase, signaling management confidence in cash flow. Does Home Depot’s Modest 2026 Outlook And Dividend Hike Reframe The Tech‑And‑Pro Story For HD?
Positive Sentiment: Pro/customer mix is protecting results — Professional contractors are driving resilience in sales (Pro-focused initiatives, SRS integration and trade services are improving stickiness and margins versus DIY). Home Depot’s Pro Ecosystem Shows Resilience in Soft Market
Positive Sentiment: Analyst support is increasing — Several firms have raised price targets and some analysts (including TD Cowen coverage) kept or added bullish ratings, giving the stock upward momentum. Home Depot: Pro-Focused Growth and Acquisition Integration Position FY26 as an Inflection Year Supporting a Buy Rating
Positive Sentiment: Recent price‑target upgrades — Firms including Stifel, Daiwa and others nudged up targets post‑earnings, providing technical and sentiment support for the shares. Home Depot price target raised to $375 from $350 at Stifel
Neutral Sentiment: 2026 guidance is modest — Management gave conservative FY26 sales/EPS guidance (low‑single‑digit sales growth, flat to low single‑digit EPS growth) and plans ~15 new store openings, which tempers upside until the housing cycle improves. Does Home Depot’s Modest 2026 Outlook And Dividend Hike Reframe The Tech‑And‑Pro Story For HD?
Negative Sentiment: Macro/housing headwinds weigh on sentiment — High mortgage rates and low existing‑home turnover (“lock‑in” effect) are keeping big discretionary remodel projects on hold, which has driven short‑term investor caution and prior sell‑offs. Jim Cramer Wonders Why People Are Selling Home Depot (HD) Shares

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.