HD · News · 20260817N

Macroeconomic Factors Impact

HOME DEPOT, INC. · 2026-08-17 · Importance 31 · Surprise 32

High mortgage rates and weak housing-market turnover are expected to constrain Home Depot’s consumer demand and large-ticket purchases in the upcoming fiscal second-quarter results. Third-party forecasts nevertheless anticipate approximately $47.0 billion to $47.4 billion of second-quarter revenue, with estimates ranging from 4.4% year-over-year growth to nearly 10% growth. Analysts expect management to address whether cautious consumer spending and housing weakness will affect its full-year outlook when results are released before the market opens on August 18, 2026.

Key facts

• Confluence Wealth Services Inc. increased its stake in The Home Depot, Inc. by 28.8% in the second quarter to 19,731 shares valued at $6.96 million. source
• Exchange Traded Concepts LLC lifted its holdings in shares of The Home Depot, Inc. by 36.3% during the second quarter and owned 22,992 shares after acquiring an (truncated). source
• One preview noted Home Depot is trading below its five-year valuation medians. source
• Home Depot faces a housing market constrained by high mortgage rates and weak turnover which could affect its results. source
• The average price target cited was around $373.89. source
• The Confluence Wealth Services item stated this move came as Home Depot reported stronger-than-expected quarterly earnings and revenue, along with a consistent dividend. source
• Home Depot stock was holding in the high $330s ahead of its Q2 earnings release on August 18, 2026. source
• Home Depot's market capitalization was reported at $337 billion. source