Home Depot, Inc. (The)

thought• HD Stock Price 24h change: -0.94%. From 384.64 USD to 381.03 USD. The slight decline reflects a "prudent" market reaction following recent analyst target adjustments and broader retail sector caution despite earlier gains.
• From a technical perspective, HD is currently showing a "short-term bearish correction within a neutral long-term trend." The RSI sits at approximately 65.9, bordering overbought territory but remaining neutral, while a "death cross" (50-day SMA at $349.6 below the 200-day SMA at $375.1) suggests a loss of momentum. Immediate support is found at $330.22, with resistance at $420.66.
• Home Depot's stock price faced pressure as analysts from RBC Capital and DA Davidson lowered their price targets to $366 and $407 respectively, citing a cautious outlook for 2026.
• The company launched a new "Creator Portal" to partner with digital content creators, aiming to drive DIY sales through shoppable links and social media engagement.
• Home Depot Foundation released new research identifying a critical skilled labor gap as a major hurdle for post-disaster rebuilding efforts, specifically one year after the Los Angeles wildfires.
• National Association of Home Builders reported a drop in builder confidence to 37 in January 2026, driven by high mortgage rates and construction costs impacting housing affordability.
• UK-based home improvement retailer Wickes reported strong second-half sales growth driven by professional tradespeople (TradePro), signaling resilient demand in the pro-segment of the market.

• HD Stock Price 24h change: +2.54%. From 375.11 USD to 384.64 USD. The price surge was primarily driven by several major Wall Street firms, including TD Cowen and Morgan Stanley, raising their price targets, signaling strong analyst confidence in the company’s 2026 outlook.
• From a technical perspective, the stock is showing strong bullish momentum, with its price breaking above key moving averages (MA5, MA10, and MA20). The RSI stands at approximately 73, indicating the stock is entering overbought territory, while a positive MACD crossover further confirms the current upward trend despite facing long-term resistance near the $420 level.
• TD Cowen recently raised its price target for Home Depot to $450 from $410, maintaining a "Buy" rating and citing expectations of a multi-year upcycle in home improvement demand fueled by lower interest rates.
• Analysts highlight a potential boost in Q1 2026 sales due to an anticipated surge in tax refunds, which historically supports discretionary spending on home renovation projects.
• New research from the Home Depot Foundation identified a significant skilled labor gap as a major barrier to post-disaster rebuilding, highlighting a long-term strategic challenge for the industry.
• U.S. builder confidence fell two points to 37 in January 2026 as high construction costs and affordability concerns continue to weigh on the housing market.
• Global home improvement brand Vevor announced its expansion into physical retail with its first global flagship store opening in Houston, introducing new brick-and-mortar competition to the sector.