{"id":1268,"date":"2025-02-06T09:49:00","date_gmt":"2025-02-06T14:49:00","guid":{"rendered":"https:\/\/sharewatch.com\/wp\/2025\/02\/06\/home-depot-stock-is-wall-street-bullish-or-bearish\/"},"modified":"2025-02-06T09:49:00","modified_gmt":"2025-02-06T14:49:00","slug":"home-depot-stock-is-wall-street-bullish-or-bearish","status":"publish","type":"post","link":"https:\/\/sharewatch.com\/wp\/2025\/02\/06\/home-depot-stock-is-wall-street-bullish-or-bearish\/","title":{"rendered":"Home Depot Stock: Is Wall Street Bullish or Bearish?"},"content":{"rendered":"<div class=\"layout__region nsdq-l-grid__item syndicated-article-body\">\n<section class=\"jupiter22-c-article-body\">\n<div class=\"body\">\n<div class=\"body__content\">\n<p style=\"margin-left:0cm;\">Commanding a market cap of $408.8 billion, The Home Depot, Inc.\u00a0(HD) is a leading American home improvement retailer specializing in a wide range of products for construction, home renovation, appliances, and services. Founded in 1978 and headquartered in Atlanta, Georgia, it operates more than 2,300 stores across the U.S., Canada, and Mexico.<\/p>\n<p style=\"margin-left:0cm;\">HD shares have trailed the broader market considerably over the past year.\u00a0HD has gained 16.5%\u00a0over this time frame, while the S&#038;P 500 Index ($SPX)\u00a0has rallied 22.6%. However, in 2025, shares of HD surged 6.4%, surpassing SPX\u2019s 3.1% rally on a YTD basis.<\/p>\n<div class=\"ads__inline\">\n<div id=\"js-dfp-tag-vo8\"  class=\"btf-bodymidpagetwothirdswidth-1\">          <script type=\"text\/javascript\">         googletag.cmd.push(function() {             \/\/ Check if ID matches ID in the window.adsList array before calling googletag.display             function isAdInAdsList(id) {             for (var i = 0; i < window.adsList.length; i++) {                 if (window.adsList[i].id === id) {                     return true;                 }             }             return false;         }         if (isAdInAdsList('js-dfp-tag-vo8')) {             googletag.display('js-dfp-tag-vo8');         }         });     <\/script> <\/div>\n<\/p><\/div>\n<p style=\"margin-left:0cm;\">Narrowing the focus, HD has also underperformed the Consumer Discretionary Select Sector SPDR Fund (XLY). The exchange-traded fund has\u00a0climbed about 31.1%\u00a0over the past year.<\/p>\n<\/p>\n<figure class=\"image\">  <img fetchpriority=\"high\" decoding=\"async\" style=\"aspect-ratio:942\/636;\" src=\"https:\/\/barchart-news-media-prod.aws.barchart.com\/SANDP\/b4fece930553ced8e4bf38e90b1f189f\/k8oktn2jgp1kme7e.png\" width=\"942\" height=\"636\"><figcaption>   www.barchart.com  <\/figcaption><\/figure>\n<p style=\"margin-left:0cm;\">Home Depot has lagged behind the broader market over the past year due to a slowdown in the housing market, reduced consumer spending on big-ticket items, increased competition, and the impact of higher interest rates. Additionally, supply chain and cost challenges have weighed on its performance.\u00a0<\/p>\n<p style=\"margin-left:0cm;\">However, shares of Home Depot rose 3.3% on Jan. 15, following news that the core Consumer Price Index (CPI) for December came in lower than expected. The broader market rally was driven by the positive economic implications of falling inflation, with Home Depot seen as a potential significant beneficiary.<\/p>\n<p style=\"margin-left:0cm;\">For the current fiscal year, which ended in Jan. 2025, analysts expect HD\u2019s\u00a0EPS to grow marginally to $15.12 on a diluted basis. The company\u2019s earnings surprise history is impressive. It beat the consensus estimate in each of the last four quarters.<\/p>\n<p style=\"margin-left:0cm;\">Among the 36 analysts covering HD stock,\u00a0the consensus rating is a \u201cStrong Buy.\u201d\u00a0That\u2019s based on 26 \u201cStrong Buy\u201d ratings, one \u201cModerate Buy,\u201d eight \u201cHolds,\u201d and one \u201cStrong Sell.\u201d<\/p>\n<div class=\"ads__inline\">\n<div id=\"js-dfp-tag-NR0\"  class=\"btf-bodymidpagetwothirdswidth-2\">          <script type=\"text\/javascript\">         googletag.cmd.push(function() {             \/\/ Check if ID matches ID in the window.adsList array before calling googletag.display             function isAdInAdsList(id) {             for (var i = 0; i < window.adsList.length; i++) {                 if (window.adsList[i].id === id) {                     return true;                 }             }             return false;         }         if (isAdInAdsList('js-dfp-tag-NR0')) {             googletag.display('js-dfp-tag-NR0');         }         });     <\/script> <\/div>\n<\/p><\/div>\n<\/p>\n<figure class=\"image\">  <img decoding=\"async\" style=\"aspect-ratio:943\/828;\" src=\"https:\/\/barchart-news-media-prod.aws.barchart.com\/SANDP\/b4fece930553ced8e4bf38e90b1f189f\/n8vqv7vgmmy5gips.png\" width=\"943\" height=\"828\"><figcaption>   www.barchart.com  <\/figcaption><\/figure>\n<p style=\"margin-left:0cm;\">This configuration is more bullish than three months ago, with 25 analysts suggesting a \u201cStrong Buy.\u201d\u00a0<\/p>\n<p style=\"margin-left:0cm;\">On Nov. 14, Stifel Financial Corp.\u00a0(SF) raised its price target on Home Depot to $405 from $400, maintaining a \u201cHold\u201d rating.\u00a0<\/p>\n<div class=\"taboola-placeholder\">\n<div id=\"taboola-mid-article-thumbnails\"><\/div>\n<\/div>\n<p>                 <script type=\"text\/javascript\">                     !function (e, f, u) {                     e.async = 1;                     e.src = u; f.parentNode.insertBefore(e, f);                     }(document.createElement('script'), document.getElementsByTagName('script')[0], '\/\/cdn.taboola.com\/libtrc\/nasdaq-nasdaq\/loader.js');                     window._taboola = window._taboola || [];                     _taboola.push({                       mode: 'thumbnails-a-mid',                       container: 'taboola-mid-article-thumbnails',                       placement: 'Mid Article Thumbnails',                       target_type: 'mix'                     });                     _taboola.push({article:'auto', url:''});                 <\/script><\/p>\n<p style=\"margin-left:0cm;\">The mean price target of $434.44 represents a 5% premium to HD\u2019s current price levels. The Street-high price target of $500 suggests an ambitious upside potential of 20.8%.<\/p>\n<p><i> On the date of publication, Kritika Sarmah did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here. <\/i><\/p>\n<p> More news from Barchart <\/p>\n<ul>  <\/ul>\n<\/p>\n<div class=\"video__inline\">\n<div class=\"video-placeholder\"><\/div>\n<\/div>\n<p>                       <script type=\"text\/javascript\">                       \/\/ Run Ex.co Script and mid-article placement                      (function (d, s, n) {                          var js, fjs = d.getElementsByTagName(s)[0];                          js = d.createElement(s);                          js.className = n;                          js.src = \"http:\/\/player.ex.co\/player\/4c49b82f-103d-41ce-9191-ffa4d1f737fb\";                          fjs.parentNode.insertBefore(js, fjs);                      }(document, 'script', 'exco-player'));                      \/\/ Ex.co placeholder div                      var element = document.getElementsByClassName('video-placeholder')[0];                      var excoDiv = document.createElement('div');                      excoDiv.id = '4c49b82f-103d-41ce-9191-ffa4d1f737fb';                      if (element && document.getElementById('4c49b82f-103d-41ce-9191-ffa4d1f737fb') == undefined) {                         element.append(excoDiv);                      }                     <\/script>                                                                     <\/p>\n<p class=\"body__disclaimer\">The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.<\/p>\n<\/p><\/div>\n<\/p><\/div>\n<\/section>\n<p>        <script type=\"text\/javascript\">   \/\/ add oddAd class to every odd instance of body .ads__inline for different placeholder styles   let articleAds = document.querySelectorAll('.ads__inline');   for (let i = 0, len = articleAds.length; i < len; i++) {     \/\/ Do the below only if the curent count is less than 12     if ((i < 12) &#038;&#038; (i % 2 === 0)) {       articleAds[i].className += ' oddAd';     }   } <\/script>                                               <\/p>\n<div class=\"jupiter22-c-tags jupiter22-c-tags-default\">\n<h3 class=\"jupiter22-c-tags-title\">         Tags       <\/h3>\n<div class=\"jupiter22-c-tags-container\">Stocks<\/div>\n<\/p><\/div>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Commanding a market cap of $408.8 billion, The Home Depot, Inc.\u00a0(HD) is a leading American home improvement retailer specializing in a wide range of products for construction, home renovation, appliances, and services. Founded in 1978 and headquartered in Atlanta, Georgia, it operates more than 2,300 stores across the U.S., Canada, and Mexico. HD shares have [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":1269,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"ocean_post_layout":"","ocean_both_sidebars_style":"","ocean_both_sidebars_content_width":0,"ocean_both_sidebars_sidebars_width":0,"ocean_sidebar":"","ocean_second_sidebar":"","ocean_disable_margins":"enable","ocean_add_body_class":"","ocean_shortcode_before_top_bar":"","ocean_shortcode_after_top_bar":"","ocean_shortcode_before_header":"","ocean_shortcode_after_header":"","ocean_has_shortcode":"","ocean_shortcode_after_title":"","ocean_shortcode_before_footer_widgets":"","ocean_shortcode_after_footer_widgets":"","ocean_shortcode_before_footer_bottom":"","ocean_shortcode_after_footer_bottom":"","ocean_display_top_bar":"default","ocean_display_header":"default","ocean_header_style":"","ocean_center_header_left_menu":"","ocean_custom_header_template":"","ocean_custom_logo":0,"ocean_custom_retina_logo":0,"ocean_custom_logo_max_width":0,"ocean_custom_logo_tablet_max_width":0,"ocean_custom_logo_mobile_max_width":0,"ocean_custom_logo_max_height":0,"ocean_custom_logo_tablet_max_height":0,"ocean_custom_logo_mobile_max_height":0,"ocean_header_custom_menu":"","ocean_menu_typo_font_family":"","ocean_menu_typo_font_subset":"","ocean_menu_typo_font_size":0,"ocean_menu_typo_font_size_tablet":0,"ocean_menu_typo_font_size_mobile":0,"ocean_menu_typo_font_size_unit":"px","ocean_menu_typo_font_weight":"","ocean_menu_typo_font_weight_tablet":"","ocean_menu_typo_font_weight_mobile":"","ocean_menu_typo_transform":"","ocean_menu_typo_transform_tablet":"","ocean_menu_typo_transform_mobile":"","ocean_menu_typo_line_height":0,"ocean_menu_typo_line_height_tablet":0,"ocean_menu_typo_line_height_mobile":0,"ocean_menu_typo_line_height_unit":"","ocean_menu_typo_spacing":0,"ocean_menu_typo_spacing_tablet":0,"ocean_menu_typo_spacing_mobile":0,"ocean_menu_typo_spacing_unit":"","ocean_menu_link_color":"","ocean_menu_link_color_hover":"","ocean_menu_link_color_active":"","ocean_menu_link_background":"","ocean_menu_link_hover_background":"","ocean_menu_link_active_background":"","ocean_menu_social_links_bg":"","ocean_menu_social_hover_links_bg":"","ocean_menu_social_links_color":"","ocean_menu_social_hover_links_color":"","ocean_disable_title":"default","ocean_disable_heading":"default","ocean_post_title":"","ocean_post_subheading":"","ocean_post_title_style":"","ocean_post_title_background_color":"","ocean_post_title_background":0,"ocean_post_title_bg_image_position":"","ocean_post_title_bg_image_attachment":"","ocean_post_title_bg_image_repeat":"","ocean_post_title_bg_image_size":"","ocean_post_title_height":0,"ocean_post_title_bg_overlay":0.5,"ocean_post_title_bg_overlay_color":"","ocean_disable_breadcrumbs":"default","ocean_breadcrumbs_color":"","ocean_breadcrumbs_separator_color":"","ocean_breadcrumbs_links_color":"","ocean_breadcrumbs_links_hover_color":"","ocean_display_footer_widgets":"default","ocean_display_footer_bottom":"default","ocean_custom_footer_template":"","ocean_post_oembed":"","ocean_post_self_hosted_media":"","ocean_post_video_embed":"","ocean_link_format":"","ocean_link_format_target":"self","ocean_quote_format":"","ocean_quote_format_link":"post","ocean_gallery_link_images":"on","ocean_gallery_id":[],"footnotes":""},"categories":[18],"tags":[],"class_list":["post-1268","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-stock","entry","has-media"],"_links":{"self":[{"href":"https:\/\/sharewatch.com\/wp\/wp-json\/wp\/v2\/posts\/1268","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/sharewatch.com\/wp\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/sharewatch.com\/wp\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/sharewatch.com\/wp\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/sharewatch.com\/wp\/wp-json\/wp\/v2\/comments?post=1268"}],"version-history":[{"count":0,"href":"https:\/\/sharewatch.com\/wp\/wp-json\/wp\/v2\/posts\/1268\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/sharewatch.com\/wp\/wp-json\/wp\/v2\/media\/1269"}],"wp:attachment":[{"href":"https:\/\/sharewatch.com\/wp\/wp-json\/wp\/v2\/media?parent=1268"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/sharewatch.com\/wp\/wp-json\/wp\/v2\/categories?post=1268"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/sharewatch.com\/wp\/wp-json\/wp\/v2\/tags?post=1268"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}