Home Depot falls as FY26 forecasts drop below estimates

Home Depot

09/12/2025 13:39

** 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

 (Reporting by Pragyan Kalita in Bengaluru)

 ((Pragyan.Kalita@thomsonreuters.com))