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

Core Viewpoint - The Home Depot, Inc. (NYSE:HD) has a mixed outlook from analysts, with some recommending a Buy and others a Hold rating, reflecting differing opinions on the company's performance and future potential [1][2]. Financial Performance - For fiscal Q3 2026, The Home Depot reported a revenue increase of 2.82% year-over-year, reaching $41.35 billion, which exceeded estimates by $231.5 million [2]. - The company's earnings per share (EPS) of $3.74 fell short of consensus estimates by $0.09, attributed to a lack of storms impacting certain product categories [2]. Analyst Insights - Analyst Steven Zaccone from Citi expressed optimism about The Home Depot's potential to gain market share despite a weaker-than-expected performance in 2025, and he is looking forward to the company's strategy for returning to normalized growth [3]. Company Overview - The Home Depot is recognized as the world's largest home improvement retailer, operating over 2,300 stores that provide a wide range of tools, building materials, appliances, and services for both DIY and professional projects [4].