Argus reiterates Buy on Home Depot, keeps $400 price target

0 min read | Published on 19 Aug 2026, 07:55 PM |Updated on 19 Aug 2026, 07:55 PM

Reviewed by

Ritika DScanX News Team

Key Highlights

Argus Research analyst Christopher Graja reiterated a Buy rating on Home Depot (NYSE: HD) with an unchanged $400 price target. The recommendation reflects the firm's ongoing positive view of the stock, maintaining the previous valuation benchmark without adjustment.

*this image is generated using AI for illustrative purposes only.

Argus Research analyst Christopher Graja has reiterated a Buy rating on Home Depot (NYSE: HD) and maintained its $400 price target for the stock. The firm's stance indicates sustained confidence in the home improvement retailer's valuation relative to current market prices.

Analyst Recommendation

The research note confirms the continuation of the Buy recommendation without any adjustment to the upside potential estimate.

Metric	Value
Rating	Buy
Price Target	$400
Analyst	Christopher Graja

Market Implication

The unchanged price target suggests that Argus Research sees no immediate need to revise its valuation model for Home Depot based on recent developments. Investors following the firm's coverage will note the consistency in the outlook.

How might shifting interest rates impact Home Depot's same-store sales growth in the coming quarters?

What specific operational metrics is Argus Research monitoring that justify maintaining the $400 price target despite broader market volatility?

Could increased competition from online retailers or specialized home improvement chains erode Home Depot's market share in the next fiscal year?

Home Depot affirms FY26 adj EPS guidance of $14.69-$15.28 vs $14.96 est

0 min read | Published on 18 Aug 2026, 03:43 PM |Updated on 18 Aug 2026, 03:54 PM

Reviewed by

Anirudha BScanX News Team

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Key Highlights

Home Depot has reaffirmed its FY26 adjusted EPS guidance of $14.69-$15.28 and sales guidance of $168.8B-$172.1B. Both ranges align closely with analyst estimates, signaling stable market expectations for the retailer's upcoming fiscal performance.

*this image is generated using AI for illustrative purposes only.

Home Depot (NYSE: HD) has reaffirmed its full-year 2026 adjusted earnings per share (EPS) guidance, maintaining the previously stated range of $14.69 to $15.28. The company’s outlook aligns with the consensus analyst estimate of $14.96, indicating that market expectations for profitability remain stable for the upcoming fiscal period.

In addition to earnings metrics, Home Depot confirmed its revenue targets for FY26. The company projects total sales between $168.800 billion and $172.093 billion. This range encompasses the street estimate of $170.958 billion, suggesting management’s confidence in sustaining current top-line growth assumptions despite broader economic variables.

Guidance Details

Metric	Value
FY26 Adj EPS Guidance:	$14.69 - $15.28
Analyst Estimate (Adj EPS):	$14.96
FY26 Sales Guidance:	$168.800B - $172.093B
Analyst Estimate (Sales):	$170.958B
Status:	Affirmed

The reaffirmation of both adjusted EPS and sales guidance provides clarity on the company’s financial trajectory. The midpoint of the adjusted EPS range ($14.985) sits slightly above the analyst estimate, while the sales guidance midpoint ($170.4465 billion) is marginally below the consensus view, reflecting a balanced approach to top-line and bottom-line projections.

How might Home Depot's reaffirmed guidance influence its capital allocation strategy, particularly regarding share buybacks and dividend growth in FY26?

What specific operational levers is Home Depot prioritizing to maintain top-line growth amidst potential headwinds in the residential construction and home improvement sectors?

Could the slight divergence between the sales guidance midpoint and analyst consensus signal a shift in consumer spending patterns toward value-oriented products?