The mild move in pre-market trading is nothing new. In fact, in the prior seven quarters, the one-day change after Home Depot reported earnings has seen the stock move less than 3% (and five of those instances were less than 1.5%).

Analysts provide deeper insights through their assessments of 12-month price targets, revealing an average target of $429.88, a high estimate of $455.00, and a low estimate of $391.00. Highlighting a 3.79% decrease, the current average has fallen from the previous average price target of $446.82.

Home Depot and rival Lowe's are scheduled to report quarterly financial results on Tuesday and Wednesday, respectively, with analysts largely bullish on both home improvement retailers' stocks.

At Lowe’s, April sales tumbled nearly 3% year-over-year after having risen 6.6% in March, debit and credit card purchase data from Affinity Solutions revealed. Home Depot saw just a 0.7% jump after a 4.2% rise in March, according to the data.

Home Depot faces challenges with weak consumer sentiment and tariffs, making it less ideal for short-term gains.

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ATLANTA (AP) — ATLANTA (AP) — The Home Depot Inc. (HD) on Tuesday reported fiscal first-quarter profit of $3.43 billion. The Atlanta-based company said it had net income of $3.45 per share. Earnings, adjusted for amortization costs, came to $3.56 per share.

Home Depot posted 14.14% YoY growth from acquisitions and storm demand, yet profitability trends and valuation raise caution. See why HD stock is a hold.

On May 6, Truist Financial Corporation (TFC) analyst Scot Ciccarelli announced an update on Home Depot, maintaining ... The views and opinions expressed herein are the views and opinions of ...