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Home Depot falls as FY26 forecasts drop below estimates

ReutersDec 9, 2025 1:39 PM

Shares of home improvement retailer Home Depot HD.N fall 2.55% to $341 in premarket trading

Co forecast FY26 sales and profit below estimates as demand for do-it-yourself projects and big-ticket items cools

Co expects same-store sales for fiscal 2026 to grow in the range of flat to up 2%, below average of analysts' expectations of 2.34%

Co sees FY26 adjusted EPS to be flat to 4% higher, below average of analysts' expectations of 5.6%

24 of 39 analysts rate the stock "buy" or "strong buy", 14 "hold" and 1 "strong sell"; median PT $406.50 - data compiled by LSEG

As of last close, HD down 10% YTD

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