--- title: "Weekly Recap | Home Depot -3.53%, most brokers rate it buy" type: "News" locale: "en" url: "https://longbridge.com/en/news/300848520.md" description: "Home Depot (HD) closed the week at $282.85, down 3.53%, while the S&P 500 slipped 0.27%, leaving the stock about 3.26 percentage points behind the benchmark. The week opened firm with a high of $293.905 on Monday, then drifted lower each day. Thursday brought a 60-day range low of $277.15, before Friday recovered mildly to $282.85. Weekly amplitude was 5.77%, with volume running well above the 60-day median." datetime: "2026-10-03T06:56:35.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/300848520.md) - [en](https://longbridge.com/en/news/300848520.md) - [zh-HK](https://longbridge.com/zh-HK/news/300848520.md) generator: "portal-rs" --- # Weekly Recap | Home Depot -3.53%, most brokers rate it buy ## The Week Home Depot (HD) closed the week at $282.85, down 3.53%, while the S&P 500 slipped 0.27%, leaving the stock about 3.26 percentage points behind the benchmark. The week opened firm with a high of $293.905 on Monday, then drifted lower each day. Thursday brought a 60-day range low of $277.15, before Friday recovered mildly to $282.85. Weekly amplitude was 5.77%, with volume running well above the 60-day median. ## Key Events Two threads dominated the week. First, price pressure: on Thursday 1 October, pre-market headlines flagged a Bernstein target-price cut, and Home Depot touched a 52-week low in the session, underperforming competitors; the same day, losses in Sherwin-Williams and Home Depot dragged the Dow Jones down 200 points. Second, operational expansion: on Friday 2 October, the company opened a 1.1-million-square-foot flatbed delivery centre in Westminster, Massachusetts, extending its supply-chain build-out. The stock also drew bearish framing during the week, with one piece asking when to catch the ‘falling knife’, capturing worries over housing headwinds and store expansion pressure. ## Analyst Ratings Thirty-six institutions cover HD: 17 rate it buy, 4 overweight and 15 hold, with no underweight or sell ratings. The company ranks first among 16 peers in its industry. The consensus rating is buy, with a consensus target of $377.19, about 33.35% above spot. The target range of $310 to $425 is wide, reflecting differing views on how quickly housing-market pressure feeds through. ## The Week Ahead Monday 5 October brings the S&P Global services PMI final print and the ISM non-manufacturing PMI, with the former at 58.7 and the latter expected at 55, offering a read on services and consumer activity. Tuesday 6 October adds US international trade and goods trade balance data. Home Depot’s next quarterly results are due pre-market on Tuesday 17 November, with consensus estimates at $3.7184 EPS and $42.8 billion revenue, marking the next test of the housing-channel story. ## In Short The stock fell this week while the consensus rating stayed at buy and the consensus target sat more than one-third above spot. Valuation shows a P/E of about 19.84 and P/B of about 16.98, but the latest session saw large-lot money as a net seller while small and medium lots absorbed, and the price has slipped below the 20-day moving average and near the bottom of its 60-day range. The tension is between broker target upside and weaker short-term price momentum plus outflow signals; the next catalysts are October services data and the November earnings report. *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) ## Related News & Research - [Home Depot CEO Takes Medical Leave. What This Means for HD Stock Ahead of Earnings.](https://longbridge.com/en/news/296027317.md) - [Home Depot declares $2.33 dividend](https://longbridge.com/en/news/287317291.md) - [Tesla's Q3 Delivery Beat Is Just the Start: Gene Munster Says TSLA Will ‘Crush Traditional Automakers’](https://longbridge.com/en/news/300968018.md) - [Is Oracle Stock a Good Buy While It's Trading Below $150?](https://longbridge.com/en/news/300960808.md) - [‘One for the Kids,’ Says Top Investor About SpaceX Stock](https://longbridge.com/en/news/300955937.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**