Key Takeaways HD sees subdued demand amid low housing turnover and cautious consumer sentiment.Focus on Pro ecosystem and specialty products positions HD for recovery if rates ease in 2026.HD trades at a forward P/E of 24.86, above LOW but below FND, despite a projected EPS decline this year.The Home Depot, Inc.’s (HD) future performance hinges on the trajectory of interest rates heading into 2026. On its last earnings call, the retailer reported that housing pressure and consumer uncertainty continue to we ...