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Feb 25, 2026 4:01 PM

Home Depot Shares Tank On Outlook, Analysts Remain Bullish

Shares of Home Depot Inc (NYSE:HD) tanked on Wednesday, despite the company’s solid fourth-quarter report.

Here are the key analyst insights:

Guggenheim Securities analyst Steven Forbes reaffirmed a Buy rating, raising the price target from $400 to $425.

DA Davidson analyst Michael Baker reiterated a Buy rating, and upped the price target from $407 to $445.

Telsey Advisory Group analyst Joseph Feldman maintained an Outperform rating and raised the price target from $410 to $435.

BofA Securities analyst Robert Ohmes maintained a Buy rating and a $430 price target.

Check out other analyst stock ratings.

Guggenheim Securities: Home Depot's operating results for the fourth quarter "broadly exceed our estimates," Forbes said in a note. He cited a comp upside of around 60 basis points and adjusted EBITDA higher by about 3.5%

Continued progress and scaling behind the company’s various PRO ecosystem initiatives include:

Order management & digital project planning tools

Trade credit platform

Job site delivery plus real-time tracking for big & bulky orders

Various AI-enabled tools

External sales force

Expect maturation of these initiatives "to widen the company’s ...