---
title: "Weekly Recap | Home Depot -1.61%, most brokers rate it buy"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/297389176.md"
description: "Home Depot (HD) slipped 1.61% this week to close at $330.19, while the S&P 500 gained 0.49%, leaving the stock about 2.1 percentage points behind the benchmark. Shares opened Monday with a push to a weekly high of $342.22 before fading for three straight sessions. Thursday marked the low at $327.88, and Friday recovered modestly to settle back above $330. The trading range spanned 4.38%, and the weekly pattern reads as a fade after an early attempt to extend higher."
datetime: "2026-08-29T05:56:51.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/297389176.md)
  - [en](https://longbridge.com/en/news/297389176.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/297389176.md)
generator: "portal-rs"
---

# Weekly Recap | Home Depot -1.61%, most brokers rate it buy

## The Week

Home Depot (HD) slipped 1.61% this week to close at $330.19, while the S&P 500 gained 0.49%, leaving the stock about 2.1 percentage points behind the benchmark. Shares opened Monday with a push to a weekly high of $342.22 before fading for three straight sessions. Thursday marked the low at $327.88, and Friday recovered modestly to settle back above $330. The trading range spanned 4.38%, and the weekly pattern reads as a fade after an early attempt to extend higher. Volume was subdued: roughly 16.8 million shares changed hands over the five sessions, with the daily average about 16.5% below the 60-day median.

## Key Events

Home Depot reported fiscal Q2 2026 results this week. Net earnings rose 4.7% year on year to $4.8 billion, and net sales climbed 5.7% to $47.9 billion. Around the same time, several outlets paired the report with Walmart’s numbers to frame the debate over a K-shaped consumer backdrop. On the company side, Home Depot expanded its Magic Apron programme toward more personalised, store-level customer advisory. Separately, EVP Michael F. Rowe sold 710 shares on 28 August for roughly $239,100, and the company filed its 10-Q with the SEC on 26 August. OneDigital and LaSalle St. each disclosed new stakes during the week; these routine position changes add little to the broader story.

## Analyst Ratings

Coverage stands at 36 institutions: 17 rate the stock buy, 4 overweight, and 15 hold. There are no underweight or sell ratings. Combined, buy-plus-overweight counts reach 21, or close to six in ten. The consensus rating is buy, with a consensus target of $377.50, implying about 14.33% above the latest price. The target band is wide, from a low of $310 to a high of $425, which points to meaningful dispersion in longer-term assumptions. Within the furniture, home improvement and building materials retail group, Home Depot ranks first among 16 comparable names for analyst ratings.

## The Week Ahead

The macro calendar kicks off with the Dallas Fed manufacturing index on Monday, followed by the S&P Global manufacturing PMI final, ISM manufacturing PMI and JOLTS job openings on Tuesday, and ADP private payrolls plus factory orders on Wednesday. These releases will add texture to the rate-path and consumer-demand debates. On the company front, there are no scheduled events next week; the next earnings date is 17 November, when Home Depot reports fiscal Q3 results before the open. If the consumer and labour data echo this week’s earnings tone, retail could stay split between defensives and discretionary names.

## In Short

Home Depot’s week held a tension: the consensus still rates the stock buy, with a target about 14% above spot and a top industry ranking, yet the share price lagged the S&P 500 by more than two points while the latest session’s large-lot flow tilted toward net selling and weekly turnover ran below normal. Valuation sits near 23x earnings and roughly 19.8x book, which is not obviously cheap against its own history. The next question is whether the sales momentum confirmed this week finds support in upcoming consumer and jobs data, and which end of the analyst target band ultimately pulls the consensus into line.

*This article is generated by LongbridgeAI from market data, for information only and not investment advice.*

### Related Stocks

- [HD.US](https://longbridge.com/en/quote/HD.US.md)

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- [Here’s How Much You Would Have Made Owning Home Depot Stock In The Last 15 Years](https://longbridge.com/en/news/298774586.md)
- [The Home Depot, Inc. $HD Shares Bought by NewEdge Advisors LLC](https://longbridge.com/en/news/298433848.md)
- [Bank of America Corp DE Acquires Shares of 16,390,122 The Home Depot, Inc. $HD](https://longbridge.com/en/news/298878416.md)
- [Home Depot CEO Takes Medical Leave. What This Means for HD Stock Ahead of Earnings.](https://longbridge.com/en/news/296027317.md)
- [3 US Housing Stocks Most Exposed To Fed Rate Cuts And Mortgage Moves](https://longbridge.com/en/news/298625139.md)

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**