Home Depot (NYSE:HD) Hits New 52-Week Low After Analyst Downgrade

Market Beat
2026.05.19 13:49
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Home Depot (NYSE:HD) shares hit a new 52-week low at $296.88 after Oppenheimer downgraded its price target from $405 to $310. Despite this, other analysts have raised their targets, with a consensus rating of 'Moderate Buy' and a price target of $401.34. The company reported adjusted EPS of $3.43, exceeding estimates, and reaffirmed its fiscal 2026 guidance, indicating resilience amid a challenging housing market.