NYSE:HD

Home Depot (HD)

342.86
+18.41 (5.67%)
as of Jun 24, 2026, 8:00:00 pm Market Open.
445 watching
0
Investor Insights
star iconJun 24, 2026, 12:00 am

This summary was created by AI, based on 22 opinions in the last 12 months.

Home Depot (HD) is currently facing significant challenges amidst a turbulent housing market and high interest rates, which experts predict will affect its performance in the near term. The stock has seen a considerable decline of about 15% this year, largely due to inflationary pressures linked to the ongoing US-Iran conflict and a lack of housing turnover. Analysts express a mix of cautious optimism, suggesting that if interest rates decline in the future, it may boost demand for home improvement and renovations, which are often funded by loans. Despite these challenges, some see value due to HD's strong market position as a leading home improvement retailer and its capability to capture a larger share of the market through digital commerce and acquisitions. However, opinions remain divided, with some experts advising caution until there are clearer signs of a recovery in the housing sector.

consensus icon
Consensus
Cautious
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Valuation
Undervalued
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Similar
Lowe's,LOW
BUY
2022 weakness (rising rates, home-building softness) is already in the stock price. People will still spend on home renos.
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Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

PAST TOP PICK
(A Top Pick May 17/22, Up 4.9%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK with HD is progressing well. To remain disciplined, we recommend trailing up the stop to $285 at this time.
BUY
He bought more of this. He remains under-invested and holding a lot of cash, but he can't pass up opportunities. HD's valuation has come down a lot (unlike megatechs like Amazon).
DON'T BUY
One of the best performers in the Dow Q3 They reported truly strong numbers in their last quarter. It's holding up because it's geared to professional contractors who do a lot of renovations, as opposed to regular consumers. Tough to recommend this, though, because higher interest rates will limit construction.
HOLD
She's long both names, but their margins are getting squeezed. It's not an ideal place to be now. The backdrop are rising mortgage and interest rates. Mortgage rates just hit 7%.
WATCH
It keeps putting up solid numbers despite higher interest rates and fears of a weakening consumer. Last month, their quarter beat and shares climbed 4% on the news. But since then it has fallen 15% along with this market. Watch.
TOP PICK
Increases dividend annually around February. Good grower. Really well run. Somewhat immune from housing slowdown, because if you can't afford to move, you renovate. Great resilience in the last few years. When on sale, tuck it in your portfolio, and it's on sale now. Yield is 2.77% with good growth. (Analysts’ price target is $356.23)
WAIT
HD vs. LOW Not sure you want to own either right now. For example, HD fell markedly yesterday with the inflation print. Reiterated 3% sales growth guidance, solid revenue, but higher interest rates are going to hurt. 18x 2023 earnings, only growing at 6.5%. Don't add here. Go for names that benefit from higher rates.
HOLD
You gotta wait it out, just like the market. Don't sell now--the price is wrong.
BUY
HD reports Tuesday. Pro contractors use HD and consumers shop at Lowes. So, own HD and not Lowes, because the contractors are doing better than consumers now.
COMMENT
He sold it to buy Lowes. HD's report today signals that the consumer is "okay." The dire predictions of June have not come to pass, based on economic data in July (weaker inflation).
PAST TOP PICK
(A Top Pick Jun 16/21, Down 4%) Still owns it. Now below $300 you can add/buy. Home prices are rising over time and the home inventory is getting older. US homes are getting older, so need renovation. Also, HD has focused on their pro customer to easily buy online. Pros sales were strong last quarter. HD bought a maintenance and repair company to do maintenance for hotels and the commercial market--a new growth area.
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Curated by Allan Tong since 2019.
99+ opinions with 4.15 rating.

TOP PICK

HD reported a fine quarter in mid-May, but the market dumped out of macro fears over the economy: hot inflation, recession, spiking interest rates. May was a time when good companies got punished. However, that spelled a buying opportunity for a company that thrived during Covid as people renovated their homes, lifting shares to $415 by the end of last year, but now trade under $300 at a low 19x valuation. Covid is fading, but there remains a housing shortage impacted by supply shortages (no surprise) as rising rates dampen house-selling.

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Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

TOP PICK
Stockchase Research Editor: Michael O'Reilly Following an earnings release that beat analyst estimates by 11%, we select HD as a TOP PICK. Revenues and profits were up on the year, impressive given revenue was up 33% a year ago as pandemic lockdowns had DYI busy on projects. We are not thrilled that they have used some cash reserves to buy back shares aggressively, while adding to debt, but trust in management's strategy. It pays a good dividend, backed by a payout ratio under 50% of cash flow. We recommend a stop loss at $264, looking to achieve $385 -- upside potential over 30%. Yield 2.57% (Analysts’ price target is $385.68)
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