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The Home Depot, Inc.
$330.19▲ 0.48% today
Market Closed

Why The Home Depot, Inc. (HD) stock moved

Updated Aug 30, 2026

The Home Depot, Inc. (HD) shares rose 0.5% to $330.19 as of August 30, 2026, a slight gain from the prior close of $328.61. BestStocks flagged the session as a major change for HD. The move is tied to company news. Below, we break down what changed for HD, why it matters for investors, how the stock reacted, and the catalysts on the calendar.

What happened

Company News

Home Depot expands Magic Apron AI assistant nationwide with localized store knowledge across all U.S. locations. Enhanced AI capabilities improve customer experience and operational efficiency, potentially reducing associate workload and increasing sales conversion.

This summary describes the catalyst and move as first detected on Aug 27, 2026, 10:08 AM EDT; the stock has continued trading since, so the current price and percentage move (shown above) may be larger or smaller than the figures here.
NewsWeak confidence
Rel. volume
0.6×
Below Avg
Vs peers
—
No comparable peers
Market cap
$329.2B
New York Stock Exchange
Analyst target
$379
+14.7% vs price
Price chart
Jul 30 – Aug 28
NNFNNVVEE$328$342$356Jul 30Aug 6Aug 14Aug 21Aug 28
E earnings
F filing
A analyst
V/N other
click a marker to highlight
Change events — click to jump to details

What it means for The Home Depot, Inc. investors

For The Home Depot, Inc. investors, the recent signals are mixed, leaving the near-term picture neutral / mixed. On the constructive side: Positive 0.5% session move; Positive price momentum. Weighing against that: Home Depot fell 2.01% to $328.12, primarily driven by macroeconomic headwinds and persistent weakness in the U.S. housing market, according to market commentary; The Home Depot, Inc. (HD) moved -2.63% from $348.02 to $338.87 on 2026-07-17. Wall Street's consensus price target sits at $378.62, implying +14.7% upside from $330.19. Over the past 90 days analysts logged 0 upgrades and 1 downgrade. BestStocks rates the overall signal quality weak (25/100). With earnings roughly 79 days out, the next report is the most likely near-term test of the move.

HD price reaction

HD last traded at $330.19, up $1.58 (+0.48%) from the previous close of $328.61. The session traded on 0.6× average volume (below avg), so participation was unremarkable. Over the past month the stock has ranged between $328.61 and $355.62, and it currently sits about 6% of the way up that band.

Bullish and bearish analyst opinions on The Home Depot, Inc. (HD)

The consensus analyst price target on The Home Depot, Inc. (HD) is $378.62, 14.7% above the recent $330.19. Over the past 90 days analysts logged 0 upgrades, 13 maintains, and 1 downgrade. Here is how the bullish and bearish cases on HD line up.

The bullish case

  • Wall Street's consensus price target of $378.62 implies +14.7% upside from $330.19.
  • The Street's most bullish target is $425.00 (+28.7%).
  • Positive 0.5% session move.
  • Positive price momentum.
  • Home Depot Inc. (HD) moved +1.12% from $345.00 to $348.86 on 2026-06-26, reaching a new 30-day high.

The bearish case

  • 1 analyst downgrade in the past 90 days, most recently Wolfe Research to Peer Perform (2026-06-23).
  • Home Depot fell 2.01% to $328.12, primarily driven by macroeconomic headwinds and persistent weakness in the U.S. housing market, according to market commentary.
  • The Home Depot, Inc. (HD) moved -2.63% from $348.02 to $338.87 on 2026-07-17.
  • HD moved -2.61% from $345.21 to $336.21 on 2026-07-08.
Bull vs bear balanceNeutral / Mixed
BearishNeutralBullish

Weighing both sides, BestStocks' composite read of recent signals is roughly balanced, as the bull-versus-bear meter above shows. This is an educational summary of the bull and bear case, not investment advice.

Analyst price targets and ratings are FMP consensus figures as of Aug 29, 2026; other aggregators may differ. High and low targets show the range of estimates, not forecasts.

Analyst expectations
Consensus target: $379+14.7%
= 13 maintains↓ 1 downgrades
Keybanc maintained Sector Weight · 2026-08-19
SEC filings watch
8-K2026-08-12
Material event — review for impact
high
10-Q2026-05-27
Quarterly financial results
medium
8-K2026-05-26
Material event — review for impact
high
8-K2026-05-19
Material event — review for impact
high
Peer context
HD+0.5%

Previous notable changes for HD

Risk2026-08-27-1.9%via PR Newswire ↗
Home Depot fell 2.01% to $328.12, primarily driven by macroeconomic headwinds and persistent weakness in the U.S. housing market, according to market commentary. Despite a recent Q2 earnings beat, investors remain cautious about near-term sector outlook amid high mortgage rates that continue to depress existing home sales and discretionary remodeling demand. Volume traded 1.6M shares (0.44x expected for this time of day), below average.
News2026-08-24+0.5%
Baxter Bros Inc. purchased 19,707 HD shares worth $6.95 million in new position.
Valuation2026-08-18-0.1%via Yahoo Finance ↗
Home Depot reported fiscal Q2 2026 earnings before the open, beating on both earnings and revenue: adjusted EPS of $4.92 versus consensus $4.73, and total revenue of $47.86 billion versus $47.24 billion expected (per web_catalyst). Comparable store sales rose 1.7%, driven by a 2.8% increase in average ticket size despite a slight decline in transactions. Management reaffirmed full-year guidance for 2.5–4.5% total sales growth. HD rose +0.51% to $339.60 on elevated volume of 3.90x expected levels for this time of day.
Filings2026-08-12-3.1%
The Home Depot, Inc. (HD) filed a new 8-K on 2026-08-12. The filing does not disclose specific content in available sources.
Upcoming catalysts & outlook
Next earnings
2026-11-17 (est.)
in 79 days
Thesis shift
Neutral / Mixed
bearish signal
Risk level
High
from change events

Frequently asked questions about HD

Why did The Home Depot, Inc. (HD) stock move?

HD rose 0.5% to $330.19. The move coincided with the context summarized above, though no single company-specific catalyst was independently confirmed.

How much did HD stock rise?

HD gained 0.48% ($1.58) versus the prior close of $328.61, last trading at $330.19 on 0.6× average volume.

When is The Home Depot, Inc.'s next earnings date?

HD's next earnings report is estimated for 2026-11-17 — about 79 days away.

What is the analyst price target for HD?

The consensus analyst price target for HD is $378.62, about 14.7% above the current $330.19. Over the past 90 days, analysts recorded 0 upgrades, 13 maintains, and 1 downgrade.

How BestStocks tracks HD

This page is generated automatically by BestStocks' change-detection system after company news was detected and verified against independent data sources. It draws on 20 tracked change events for HD, cross-checked against the data sources listed below. Price, volume, and market-capitalization figures are the live intraday quote as of August 30, 2026 and refresh as new information is detected; for companies with multiple share classes, market-cap figures can differ by data source. Analyst price targets and ratings are FMP consensus. This is an educational summary of what changed and why — not personalized investment advice.

Data sources
FMP real-time & historical price dataCompany news feedsSEC EDGAR filingsAnalyst ratings & price targets (FMP)Earnings calendar (FMP)
Educational research tool — not personalized investment advice. Data may be delayed.