Bernstein Raises Target Price on Home Depot (HD) to $381, Ahead of Q4 Earnings Release

The Home Depot Inc. (NYSE:HD) is 1 of the 14 Best Consumer Discretionary Stocks to Buy Right Now.

Bernstein, connected February 18, accrued its people terms connected Home Depot by 5.2% to $381 (from $362) and kept its Market Perform telephone connected the stock. This terms update comes up of the scheduled merchandise of Home Depot’s Q4 2025 net connected February 24. The steadfast is tempering its expectations, reducing its Q4 same-store income maturation forecast by 40 to 50 ground points to bespeak the caller snowstorm, which is apt to person negatively affected homebuilding and betterment activity.

The weaker Q4 2025 same-store income maturation tin already beryllium seen successful the net merchandise of Home Depot’s competitors. Floor & Décor Holdings, which released its results connected February 19, saw its same-store income diminution by 4.8% YoY. Brad Paulsen, Floor & Décor’s Chief Executive Officer, blamed the “softness successful existing location income activity” for this decline.

Builders FirstSource, which released its 4th-quarter results connected February 17, reported a 13.0% YoY diminution successful halfway integrated nett sales. The multi-family and single-family segments showed the biggest falls of 20.4% YoY and 15.4% YoY, respectively.

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The Home Depot Inc. (NYSE:HD) is simply a location betterment specialty retailer, with 1,200+ stores successful the United States and 1,100+ stores globally. The institution is based successful Atlanta, Georgia, and was founded successful June 1978 by Bernard Marcus, Arthur Blank, Kenneth Gerald Langone, and Pat Farrah.

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