Home Depot Stock Price Rises 1%

Analysts Weigh In on Retailer's Performance

Mar. 16, 2026 at 9:53pm

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Home Depot's (NYSE:HD) share price rose 1% during mid-day trading on Monday, reaching as high as $345.24. Approximately 3.1 million shares were traded, down 26% from the average daily volume. The stock closed at $339.03 the previous day.

Why it matters

Home Depot is one of the largest home improvement retailers in the world, so its stock performance is closely watched by investors and analysts. The company's share price fluctuations can provide insights into broader trends in the housing and construction sectors.

The details

Several equity analysts recently issued reports on Home Depot stock. Evercore lowered its price target from $450 to $425, while KeyCorp maintained a 'sector weight' rating. Morgan Stanley raised its price target from $412 to $420 and gave the stock an 'overweight' rating. Overall, the company has an average 'Moderate Buy' rating from 20 analysts, with a consensus price target of $416.

  • Home Depot stock traded as high as $345.24 during mid-day trading on Monday, March 16, 2026.
  • The stock closed at $339.03 on the previous trading day, Friday, March 15, 2026.

The players

Home Depot

A leading home improvement retailer that operates large-format stores and an integrated online platform, offering a wide range of products and services for do-it-yourself consumers, professional contractors, and businesses.

Evercore

An investment banking advisory firm that recently lowered its price target on Home Depot stock from $450 to $425.

KeyCorp

A financial services company that maintained a 'sector weight' rating on Home Depot stock.

Morgan Stanley

A global financial services firm that raised its price target on Home Depot stock from $412 to $420 and gave the stock an 'overweight' rating.

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What they’re saying

“We must not let individuals continue to damage private property in San Francisco.”

— Robert Jenkins, San Francisco resident (San Francisco Chronicle)

The takeaway

Home Depot's stock performance is a closely watched indicator of broader trends in the housing and construction sectors. While analysts have a generally positive outlook on the company, its share price fluctuations can provide insights into the health of the broader market.