Wall Street Has a Mixed Opinion on The Home Depot (HD), Since Q3 2026 Earnings

​The Home Depot, Inc. (NYSE:HD) is one of the Good Stocks to Buy According to Analysts. Wall Street has a mixed opinion on the stock. On December 3, Steven Zaccone from Citi assigned a Buy rating on The Home Depot, Inc. (NYSE:HD) with a $407 price target. Earlier on December 1, W. Andrew Carter from Stifel Nicolaus reiterated a Hold rating on the stock and lowered the firm’s price target from $370 to $350.

​The mixed outlook stems from the company’s fiscal Q3 2026 results, announced on November 18. The company grew its quarterly revenue by 2.82% year-over-year to $41.35 billion, surpassing estimates by $231.5 million. However, the EPS of $3.74 fell short of the consensus by $0.09. Management attributed this soft performance to the lack of storms in the quarter, which resulted in greater-than-expected pressure in certain categories.

​Analyst Steven Zaccone of Citi noted that despite a weaker-than-expected 2025, the company is positioned to be a prominent share gainer in the market. The analyst highlighted that he is looking forward to the company’s plan that will outline its strategy to return to normalized growth.

​The Home Depot, Inc. (NYSE:HD) is the world’s largest home improvement retailer, operating over 2,300 stores that offer a wide selection of tools, building materials, appliances, and services for both DIY and professional projects.

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Disclosure: None. This article is originally published at Insider Monkey.