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Home Depot Inc. (The) ($HD) Stock Forecast: Up 5.2% Today

Morpher AI identified a bullish signal. The stock price may continue to rise based on the momentum of the good news.

What is Home Depot Inc. (The)?

Asset Home Depot Inc (HD) is a leading home improvement retailer, offering a wide range of products and services for DIY enthusiasts and professional contractors. The company has a strong presence in the market and is known for its strategic initiatives and customer-focused approach.

Why is Home Depot Inc. (The) going up?

HD stock is up 5.2% on Jun 24, 2026 18:36

  • Home Depot's stock (HD) surged by 3.38% on June 24, reflecting a bullish market sentiment.
  • The positive movement can be attributed to several factors, including favorable macroeconomic indicators, a rebound in the broader market, and the trend of homeowners choosing remodeling over relocating.
  • Additionally, the company's focus on professional contractor services and strategic tailwinds have bolstered investor confidence, despite recent analyst downgrades and concerns over ROIC dilution.
  • Overall, Home Depot's stock benefited from a combination of external market factors and internal strengths, driving the stock price higher and signaling optimism among investors.

HD Price Chart

HD Technical Analysis

HD News

Prediction: Home Depot Will Hit $400 on This Date

Home Depot's stock (HD) is currently trading at $324, down 4% year-to-date, despite stable fundamentals. The article predicts HD could reach $400 per share by 2027 if mortgage rates ease, comparable sales grow by 2%, and its SRS locations continue to drive revenue. Analysts see an average upside of 14%, while the author's model suggests 18% with a bull case reaching $430.

https://247wallst.com/investing/2026/06/24/prediction-home-depot-will-hit-400-on-this-date/

0 News Article Image Prediction: Home Depot Will Hit $400 on This Date

Amazon.com Inc Stock (AMZN) Moved Up by 3.21% on Jun 24: Facts Behind the Movement

Amazon.com Inc (AMZN) stock surged 3.21% due to record-high consumer spending during its annual Prime Day event and growing investor confidence in its advanced AI and cloud computing prospects. The company's custom AI chips are driving revenue growth and improving AWS operating margins, attracting significant institutional interest. Despite strong upward movement, technical indicators suggest mixed signals, with a high level of media attention and analysts maintaining a Buy rating with an average target of $309.24.

https://www.tradingkey.com/news/market-movers/261988391-market-movers-amzn-20260624

1 News Article Image Amazon.com Inc Stock (AMZN) Moved Up by 3.21% on Jun 24: Facts Behind the Movement

Home Depot Inc Stock (HD) Moved Up by 3.38% on Jun 24: What Investors Need To Know

Home Depot Inc (HD) stock rose by 3.38% on June 24, driven by positive macroeconomic indicators, institutional activity, and strategic tailwinds. A broad market rebound, falling oil prices, and the "remodeling over relocating" trend among homeowners contributed to the increase. The company's focus on professional contractor services is also viewed as a defensive growth engine, bolstering investor confidence despite some recent analyst downgrades and concerns over ROIC dilution.

https://www.tradingkey.com/news/market-movers/261988105-market-movers-hd-20260624

2 News Article Image Home Depot Inc Stock (HD) Moved Up by 3.38% on Jun 24: What Investors Need To Know

Uber Eats Adds New U.S. Retailers, Expanding Selection Across Beauty, Office Supplies, Sporting Goods, and More

Uber Eats has expanded its on-demand delivery offerings by adding several new U.S. retailers, including Kiehl’s, FedEx Office, Blick Art Materials, Academy Sports + Outdoors, and Choice Pet. This move broadens Uber Eats' selection beyond food to include beauty products, office supplies, art materials, sporting goods, and pet supplies, making it a more comprehensive marketplace for everyday needs. Uber One members can benefit from $0 Delivery Fees on eligible retail orders, enhancing convenience for shoppers.

https://www.businesswire.com/news/home/20260624692373/en/Uber-Eats-Adds-New-U.S.-Retailers-Expanding-Selection-Across-Beauty-Office-Supplies-Sporting-Goods-and-More

3 News Article Image Uber Eats Adds New U.S. Retailers, Expanding Selection Across Beauty, Office Supplies, Sporting Goods, and More

11 Best New Tractor Supply Garden Finds Hitting Shelves This Week

This article highlights 11 new garden finds available at Tractor Supply, perfect for summer planting and maintenance. It covers a range of products from essential tools and raised garden beds to pest control solutions and larger equipment like lawnmowers, emphasizing their utility and value for gardeners. The recommendations help readers enhance their outdoor spaces as the season transitions from spring to summer.

https://bestlifeonline.com/tractor-supply-garden-finds-june-24-2026/

4 News Article Image 11 Best New Tractor Supply Garden Finds Hitting Shelves This Week

Home Depot Inc. (The) Price History

24.05.2026 - HD Stock was up 5.2%

  • Home Depot's stock (HD) surged by 3.38% on June 24, reflecting a bullish market sentiment.
  • The positive movement can be attributed to several factors, including favorable macroeconomic indicators, a rebound in the broader market, and the trend of homeowners choosing remodeling over relocating.
  • Additionally, the company's focus on professional contractor services and strategic tailwinds have bolstered investor confidence, despite recent analyst downgrades and concerns over ROIC dilution.
  • Overall, Home Depot's stock benefited from a combination of external market factors and internal strengths, driving the stock price higher and signaling optimism among investors.

02.00.2026 - HD Stock was up 1.5%

  • Speculation suggests that the acquisition of a significant stake in Home Depot by Shum Financial Group Inc. may have boosted investor confidence, resulting in increased buying activity and driving the stock price higher.
  • Insider selling activities, particularly by the Executive VP Teresa Roseborough, initially raised concerns about the company's future performance, but overall market sentiment remained positive, overshadowing these sales.
  • Despite mixed Q3 earnings and revenue results, with EPS missing estimates but revenue exceeding expectations, the market appeared to focus on the company's resilience and growth potential, leading to a rise in the stock price.
  • Generali Asset Management SPA SGR's increase in stake in Lowe's Companies, Inc. might have indirectly benefited Home Depot, signaling a broader positive sentiment towards the home improvement retail sector and potentially contributing to HD's bullish movement.

17.05.2026 - HD Stock was down 3.0%

  • The decrease in Home Depot's stock value today may be linked to the State of Wisconsin Investment Board reducing its holdings in the company by 1.3% in the fourth quarter, possibly indicating uncertainty about HD's future prospects.
  • Despite one institutional investor selling off shares, other companies like King Luther Capital Management Corp, Carnegie Investment Counsel, Savvy Advisors Inc., and Mariner LLC have been increasing their stake in Home Depot, suggesting varied investor sentiments.
  • Home Depot's recent surpassing of quarterly earnings forecasts, upward revision of its FY2026 guidance, and market conditions such as the tight housing market and potential interest rate adjustments may have influenced the general market sentiment towards the company.
  • The broader sector rotation, as discussed in "Father's Day Investing," which identifies Home Depot as a stock suitable for long-term investment, could also be shaping investor sentiment and market trends.

08.00.2026 - HD Stock was up 1.5%

  • Despite institutional sales and insider selling activities, the bullish movement in Home Depot's stock could be attributed to positive sentiment from other hedge funds increasing their stake in the company.
  • The company's recent quarterly earnings miss and lower guidance for FY2025 did not seem to deter investors, possibly due to the overall positive outlook on US consumer spending driving equity rallies.
  • The resolution of the legal dispute regarding Home Depot's 401(k) plan may have also contributed to a more favorable investor sentiment towards the company, leading to the bullish market movement.
  • Overall, the combination of increased institutional investments, positive market outlook, and the resolution of legal uncertainties likely fueled the bullish momentum in Home Depot's stock today.

24.01.2026 - HD Stock was up 5.2%

  • Today's bullish movement of Home Depot's stock could be linked to the excitement surrounding its upcoming fourth-quarter earnings.
  • Despite analysts forecasting a decline in EPS and revenue, the stock surged possibly due to investor confidence in the company's strength in a challenging housing market.
  • Positive market sentiment towards Home Depot could be influenced by the overall optimism in consumer-focused stocks, which was mentioned in a comparison of Lowe's and Home Depot's performance.
  • Investors may be considering the long-term growth prospects of Home Depot, especially in comparison to its competitors like Lowe's, as discussed in an article highlighting Lowe's stock outperformance.

19.04.2026 - HD Stock was down 0.2%

  • Home Depot (HD) reported first-quarter fiscal 2026 sales that surpassed analyst expectations but experienced lower net earnings and a decrease in operating margin. This mixed performance may have influenced the bearish movement in the stock.
  • Despite confirming its fiscal 2026 guidance for sales and EPS, with anticipated comparable sales growth ranging from flat to 2%, the market's reaction to the company's slightly lower premarket trading near its 52-week low could have been negative.
  • Analysts' cautious outlook on Lowe's Companies, a competitor in the home improvement retail sector, and institutional investors' adjustments to their positions in Lowe's may have also impacted the bearish trend in Home Depot's stock.
  • The market appears to be reacting to Home Depot's earnings report, industry dynamics, and investor sentiment towards the home improvement retail sector.

18.10.2025 - HD Stock was down 5.3%

  • The stock of Home Depot dropped due to various factors such as a Q3 earnings miss, a soft FY25 EPS view, and challenges related to storm-driven demand, consumer uncertainty, and housing-market pressures.
  • Negative sentiment was fueled by the CEO's cautious remarks on housing demand and profit outlook.
  • Despite beating sales expectations, a decrease in consumer spending on discretionary home improvements led to an earnings miss, impacting investor confidence.
  • Home Depot's strategies to expand its professional customer base in a sluggish housing market were inadequate in mitigating the overall market difficulties, ultimately resulting in the bearish movement.

08.03.2026 - HD Stock was up 5.8%

  • Home Depot (HD) stock experienced a 3.26% decline, signaling a bearish movement in the market.
  • The stock is currently trading below key moving averages, indicating strong selling pressure and a lack of bullish momentum.
  • Analysts predict that the stock is likely to remain range-bound between $305.00 and $325.00 in the near term, with a low probability of a sustained rally.
  • The bearish market movement could be attributed to the overall competitive landscape in the home improvement retail sector, as highlighted by the struggles of the U.S. Navy's retail business and the upcoming financial results announcement from MasterBrand, reflecting trends in consumer spending and housing construction.

08.03.2026 - HD Stock was up 5.6%

  • Home Depot's bullish movement can be attributed to the successful relaunch of its Halfway to Halloween sale, which generated excitement among consumers and showcased the company's ability to tap into seasonal trends ahead of competitors.
  • The limited-supply drop of popular and new Halloween decorations, including unique items like a nine-foot T-Rex skeleton and an updated "Lethal Lily" witch, created a sense of urgency and exclusivity, driving sales and investor optimism.
  • By strategically timing the release of these products nearly six months before the holiday, Home Depot capitalized on early consumer interest in Halloween, demonstrating its agility in adapting to market opportunities and driving shareholder value through innovative marketing strategies.

08.03.2026 - HD Stock was up 5.4%

  • Home Depot's stock (HD) surged by 5.44% on April 8, driven by strong quarterly earnings, a dividend increase, and positive analyst ratings, reflecting investor confidence in the company's performance and strategic direction.
  • The revival of Home Depot's Halfway to Halloween sale, featuring popular and new decorations, likely generated excitement and increased consumer interest, contributing to the bullish movement in the stock.
  • The broader market sentiment was positively influenced by news of a geopolitical ceasefire between the U.S. and Iran, providing an additional boost to Home Depot's stock performance.
  • Overall, Home Depot's solid financial results, strategic initiatives, and consumer engagement through events like the Halloween sale have combined to propel the stock higher, showcasing the company's resilience and appeal to investors.

20.04.2026 - HD Stock was up 1.3%

  • Home Depot (HD) witnessed a strong bullish movement due to conflicting sentiments from analysts and a cautious shift in outlooks following its Q1 results.
  • Despite a slight decline in adjusted EPS, Home Depot's positive sales and reaffirmed fiscal guidance for 2026 contributed to the optimistic market sentiment.
  • The market noted a contrast between Home Depot's performance and that of its competitor Lowe's Companies, which exceeded analyst expectations in its Q1 results.
  • The upward trend in Home Depot's stock can be ascribed to investors' faith in the company's resilience and capability to navigate challenges in the home improvement retail sector.

24.05.2026 - HD Stock was up 5.0%

  • Home Depot Inc (HD) stock surged by 3.38% on June 24, driven by positive macroeconomic indicators and institutional activity.
  • The broad market rebound and the trend of "remodeling over relocating" among homeowners contributed to the bullish movement.
  • The company's focus on professional contractor services and the announcement of significant summer savings with deals up to 65% off on popular brands like DeWalt and Ryobi also boosted investor confidence.
  • Despite concerns over recent analyst downgrades and ROIC dilution, Home Depot's defensive growth engine and strong financial performance, including surpassing earnings and revenue estimates, have maintained a "Moderate Buy" consensus among analysts.
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Disclaimer
Morpher is not liable for the content of the AI investment insights. Like most GPT-powered tools, these summaries may contain AI hallucinations and inaccurate information. Morpher is not presenting you with any investment advice. All investments involve risk, and the past performance of a security, industry, sector, market, or financial product does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs. These summaries do not constitute investment advice.