These Analysts Revise Their Forecasts On Home Depot After Q1 Results

Benzinga

21 May

Home Depot Inc. (NYSE:HD) reported better-than-expected first-quarter sales results and reaffirmed its full-year outlook on Tuesday.

Sales rose 9.4% year over year to $39.86 billion, topping the $39.33 billion consensus. Adjusted earnings per share fell 3% to $3.56, missing the $3.60 estimate.

“Our first quarter results were in line with our expectations as we saw continued customer engagement across smaller projects and in our spring events,” commented Ted Decker, chair, president, and CEO.

Home Depot reaffirmed it forecast of total sales growth of 2.8% year-over-year, reaching $163.98 billion, below the consensus of $164.17 billion. The company anticipates adjusted earnings per share will decline about 2% to $14.94, lower than the $14.99 consensus estimate.

Home Depot shares fell 0.7% to trade at $374.33 on Wednesday.

These analysts made changes to their price targets on Home Depot following earnings announcement.

Bernstein analyst Zhihan Ma maintained Home Depot with a Market Perform and raised the price target from $380 to $398.
Baird analyst Peter Benedict maintained the stock with an Outperform rating and lowered the price target from $430 to $425.
Guggenheim analyst Steven Forbes reiterated Home Depot with a Buy and maintained a $450 price target.
TD Securities analyst Max Rakhlenko reiterated the stock with a Buy and maintained a $470 price target.

Considering buying HD stock? Here’s what analysts think:

Read This Next:

Target, Lowe’s And 3 Stocks To Watch Heading Into Wednesday

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One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www-web.itiger.com/news/2537310629"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2537310629\",edition:\"fundamental\",,,undefined,":{"share":"https://ttm.financial/m/news/2537310629?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-05-21 22:43","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2537310629","market":"hk","top_or_hot":-1,"title":"These Analysts Revise Their Forecasts On Home Depot After Q1 Results","media":"Benzinga","content":"<html><body><p><strong>Home Depot Inc.</strong> (NYSE:HD) reported better-than-expected first-quarter sales results and reaffirmed its full-year outlook on Tuesday.</p>\n<p>Sales rose 9.4% year over year to $39.86 billion, topping the $39.33 billion consensus. Adjusted earnings per share fell 3% to $3.56, missing the $3.60 estimate.</p>\n<p>“Our first quarter results were in line with our expectations as we saw continued customer engagement across smaller projects and in our spring events,” commented Ted Decker, chair, president, and CEO.</p>\n<p>Home Depot reaffirmed it forecast of total sales growth of 2.8% year-over-year, reaching $163.98 billion, below the consensus of $164.17 billion. The company anticipates adjusted earnings per share will decline about 2% to $14.94, lower than the $14.99 consensus estimate.</p>\n<p>Home Depot shares fell 0.7% to trade at $374.33 on Wednesday.</p>\n<p>These analysts made changes to their price targets on Home Depot following earnings announcement.</p>\n<ul>\n<li>Bernstein analyst Zhihan Ma maintained Home Depot with a Market Perform and raised the price target from $380 to $398.</li>\n<li>Baird analyst Peter Benedict maintained the stock with an Outperform rating and lowered the price target from $430 to $425.</li>\n<li>Guggenheim analyst Steven Forbes reiterated Home Depot with a Buy and maintained a $450 price target.</li>\n<li>TD Securities analyst Max Rakhlenko reiterated the stock with a Buy and maintained a $470 price target.</li>\n</ul>\n<p><strong>Considering buying HD stock? Here’s what analysts think:</strong> </p>\n<figure><img decoding=\"async\" height=\"588\" loading=\"lazy\" sizes=\"(max-width: 1024px) 100vw, 1024px\" src=\"https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/21104252/image-270-1024x588.png\" srcset=\"https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/21104252/image-270-1024x588.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/21104252/image-270-300x172.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/21104252/image-270-768x441.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/21104252/image-270.png 1107w\" width=\"1024\"/></figure>\n<p><strong>Read This Next: </strong></p>\n<ul>\n<li><strong>Target, Lowe’s And 3 Stocks To Watch Heading Into Wednesday</strong></li>\n</ul></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>These Analysts Revise Their Forecasts On Home Depot After Q1 Results</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThese Analysts Revise Their Forecasts On Home Depot After Q1 Results\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time\">2025-05-21 22:43</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p><strong>Home Depot Inc.</strong> (NYSE:HD) reported better-than-expected first-quarter sales results and reaffirmed its full-year outlook on Tuesday.</p>\n<p>Sales rose 9.4% year over year to $39.86 billion, topping the $39.33 billion consensus. Adjusted earnings per share fell 3% to $3.56, missing the $3.60 estimate.</p>\n<p>“Our first quarter results were in line with our expectations as we saw continued customer engagement across smaller projects and in our spring events,” commented Ted Decker, chair, president, and CEO.</p>\n<p>Home Depot reaffirmed it forecast of total sales growth of 2.8% year-over-year, reaching $163.98 billion, below the consensus of $164.17 billion. The company anticipates adjusted earnings per share will decline about 2% to $14.94, lower than the $14.99 consensus estimate.</p>\n<p>Home Depot shares fell 0.7% to trade at $374.33 on Wednesday.</p>\n<p>These analysts made changes to their price targets on Home Depot following earnings announcement.</p>\n<ul>\n<li>Bernstein analyst Zhihan Ma maintained Home Depot with a Market Perform and raised the price target from $380 to $398.</li>\n<li>Baird analyst Peter Benedict maintained the stock with an Outperform rating and lowered the price target from $430 to $425.</li>\n<li>Guggenheim analyst Steven Forbes reiterated Home Depot with a Buy and maintained a $450 price target.</li>\n<li>TD Securities analyst Max Rakhlenko reiterated the stock with a Buy and maintained a $470 price target.</li>\n</ul>\n<p><strong>Considering buying HD stock? Here’s what analysts think:</strong> </p>\n<figure><img decoding=\"async\" height=\"588\" loading=\"lazy\" sizes=\"(max-width: 1024px) 100vw, 1024px\" src=\"https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/21104252/image-270-1024x588.png\" srcset=\"https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/21104252/image-270-1024x588.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/21104252/image-270-300x172.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/21104252/image-270-768x441.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/21104252/image-270.png 1107w\" width=\"1024\"/></figure>\n<p><strong>Read This Next: </strong></p>\n<ul>\n<li><strong>Target, Lowe’s And 3 Stocks To Watch Heading Into Wednesday</strong></li>\n</ul></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU1778281490.HKD","symbol_name":"HSBC GIF GLOBAL LOWER CARBON EQUITY \"AD\" (HKD) INC","start_time":0,"source_url":"https://www.benzinga.com/25/05/45545244/these-analysts-revise-their-forecasts-on-home-depot-after-q1-results","article_id":"2537310629","we_media_id":"1052270027","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2537310629","pubTimestamp":1747838628,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Benzinga","introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"summary":" ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"LU1778281490.HKD":"HSBC GIF GLOBAL LOWER CARBON EQUITY \"AD\" (HKD) INC","BK4581":"高盛持仓","LU1069344957.HKD":"AB SICAV I - AMERICAN GROWTH PORTFOLIO \"AD\" (HKD) INC","LU0354030511.USD":"ALLSPRING  U.S. LARGE CAP GROWTH \"I\" (USD) ACC","LU0823434740.USD":"BNP PARIBAS US GROWTH \"C\" (USD) INC","IE00BZ1G4Q59.USD":"LEGG MASON CLEARBRIDGE US EQUITY SUSTAINABILITY LEADER \"A\"(USD) INC (A)","LU1551013425.SGD":"Allianz Income and Growth Cl AMg2 DIS H2-SGD","LU1989772840.SGD":"CPR Invest - Climate Action A2 Acc SGD-H","LU1093756325.SGD":"FTIF - Franklin K2 Alt Strat Fd A (acc) SGD-H1","LU0354030438.USD":"富国美国大盘成长基金Cl A Acc","BK4567":"ESG概念","LU1496350171.SGD":"FRANKLIN DIVERSIFIED BALANCED \"A\" (SGDHDG) ACC","BK4534":"瑞士信贷持仓","IE00BWXC8680.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5\" (SGD) ACC","LU0689472784.USD":"安联收益及增长基金Cl AM AT Acc","LU2756315318.SGD":"ALLIANZ INCOME AND GROWTH \"AMG\" (SGDHDG) INC A","BK4585":"ETF&股票定投概念","LU1035775433.USD":"AB SICAV I - AMERICAN GROWTH PORTFOLIO \"AD\" (USD) INC","LU1496350502.SGD":"FRANKLIN DIVERSIFIED DYNAMIC \"A\" (SGDHDG) ACC","LU1989772923.USD":"CPR Invest - Climate Action A2 Acc USD-H","BK4533":"AQR资本管理(全球第二大对冲基金)","BK4566":"资本集团","LU1674673691.USD":"HSBC GIF GLOBAL LOWER CARBON EQUITY \"AD\" (USD) INC","BK4083":"家庭装潢零售","LU1914381329.SGD":"Allianz Best Styles Global Equity Cl ET Acc H2-SGD","LU1674673428.USD":"HSBC GIF GLOBAL LOWER CARBON EQUITY \"AC\" (USD) ACC","LU0320765646.SGD":"FTIF - Franklin Income A MDIS SGD-H1","IE00BKVL7J92.USD":"Legg Mason ClearBridge - US Equity Sustainability Leaders A Acc USD","LU0820561818.USD":"安联收益及增长平衡基金Cl AM DIS","BK4504":"桥水持仓","LU0942090050.USD":"UBS (LUX) EQUITY SICAV - US TOTAL YIELD SUSTAINABLE \"P\" (USD)  INC","LU2756315664.SGD":"ALLIANZ INCOME AND GROWTH \"AMI\" (SGDHDG) INC","LU0823411888.USD":"法巴消费创新基金 Cap","LU0820561909.HKD":"ALLIANZ INCOME AND GROWTH \"AM\" (HKD) INC","LU0079474960.USD":"联博美国增长基金A","LU1551013342.USD":"Allianz Income and Growth Cl AMg2 DIS USD","BK4588":"碎股","IE00B1XK9C88.USD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A\" (USD) ACC","LU1162221912.USD":"FRANKLIN INCOME \"A\" (USD) ACC","SG9999001440.SGD":"United Global Dividend Equity Fund A SGD Dist","HD":"家得宝","LU1093756168.USD":"FRANKLIN K2 ALTERNATIVE STRATEGIES \"A\" (USD) ACC","LU0868494708.USD":"UBS (LUX) EQUITY SICAV - US TOTAL YIELD SUSTAINABLE \"P\" (USD) INC","LU0234572021.USD":"高盛美国核心股票组合Acc","LU1929549753.HKD":"FRANKLIN INCOME \"A\" (HKD) INC","LU0820562030.AUD":"ALLIANZ INCOME AND GROWTH \"AMH2\" (AUDHDG) H2 INC","LU0943347566.SGD":"安联收益及增长平衡基金AM H2-SGD","LU0868494617.USD":"UBS (LUX) EQUITY SICAV - US TOTAL YIELD SUSTAINABLE \"P\" (USD) ACC","IE00BSNM7G36.USD":"NEUBERGER BERMAN SYSTEMATIC GLOBAL SUSTAINABLE VALUE \"A\" (USD) ACC","LU0823434583.USD":"BNP PARIBAS US GROWTH \"C\" (USD) ACC"},"translate_title":"这些分析师在第一季度业绩公布后修改了对家得宝的预测","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"HD":1},"content_text":"Home Depot Inc. (NYSE:HD) reported better-than-expected first-quarter sales results and reaffirmed its full-year outlook on Tuesday.\nSales rose 9.4% year over year to $39.86 billion, topping the $39.33 billion consensus. Adjusted earnings per share fell 3% to $3.56, missing the $3.60 estimate.\n“Our first quarter results were in line with our expectations as we saw continued customer engagement across smaller projects and in our spring events,” commented Ted Decker, chair, president, and CEO.\nHome Depot reaffirmed it forecast of total sales growth of 2.8% year-over-year, reaching $163.98 billion, below the consensus of $164.17 billion. The company anticipates adjusted earnings per share will decline about 2% to $14.94, lower than the $14.99 consensus estimate.\nHome Depot shares fell 0.7% to trade at $374.33 on Wednesday.\nThese analysts made changes to their price targets on Home Depot following earnings announcement.\n\nBernstein analyst Zhihan Ma maintained Home Depot with a Market Perform and raised the price target from $380 to $398.\nBaird analyst Peter Benedict maintained the stock with an Outperform rating and lowered the price target from $430 to $425.\nGuggenheim analyst Steven Forbes reiterated Home Depot with a Buy and maintained a $450 price target.\nTD Securities analyst Max Rakhlenko reiterated the stock with a Buy and maintained a $470 price target.\n\nConsidering buying HD stock? Here’s what analysts think: \n\nRead This Next: \n\nTarget, Lowe’s And 3 Stocks To Watch Heading Into Wednesday","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"code":"91000000","status":"200"}}}