HD
Earnings first, analysts second
Home Depot came in ahead of expectations for Q2, posting $4.92 a share on $47.861 billion in sales. That’s the kind of beat that usually gives the stock a little caffeine kick, and sure enough, shares jumped 3.1% to $347.83.
The bigger plot twist: guidance held up
The company also kept its fiscal 2026 outlook in place, calling for total sales growth of about 2.5% to 4.5% and comparable sales growth from flat to 2%. It still expects to open about 15 new stores. Translation: management isn’t exactly pounding the table, but it’s also not sneaking out the back door with the lights off.
Wall Street did its postgame film session
After the report, analysts started poking at their spreadsheets like it was a fantasy football lineup:
- RBC Capital’s Steven Shemesh kept a Sector Perform rating and shaved the target from $343 to $342.
- Truist Securities’ Scot Ciccarelli stayed at Buy and lifted the target from $369 to $373.
That’s not exactly a dramatic Wall Street split-screen, but it does show investors are still debating how much juice is left in the home-improvement cycle.
Big picture
Home Depot is still doing what it does best: selling a lot of lumber, paint, and “I can totally do this myself” optimism. The stock got a lift because the quarter was solid and guidance didn’t wobble, but the analyst moves suggest the market is treating the name like a steady homeowner, not a runaway renovation project.