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Content generated by AI editorial engine. Written by Stock Expert AI's research desk with AI assistance. Figures come from FMP data and the official sources cited in the article.

The Home Depot, Inc.
HD - NYSE - $353.42 (as of ) ▲ +2.90%
-
Earnings Tue 17 Nov

Home opens the
books on Tuesday evening.

The median of 11 price targets is $3781, stock is $353, +6.8% vs the analyst consensus median.

↓ summary below
Quick Take - in 40 seconds ·
B
Council 3/6 - Historical V1 score 54

B — FMP rating1. Form 4: 6 transactions1.

Quick Answer

The Home Depot, Inc. (HD) Q3 consensus: revenue $42.8B1, EPS $3.831. 3 consecutive quarters of beat1.

Detailed analysis below ↓
$3.83 EPS Estimate Last year $3.74 - +2% YoY
3 Beat Streak Expectations beaten consecutively for the last 3 quarters

Q2 FY26 EPS $4.92 vs $4.73 estimate: beat (+4.0%)1. Stock move on the next trading day: +2.0%1.

Next report

What to watch in Q3 FY26 (Nov 17, 2026)

  • EPS: consensus $3.83, against $3.74 in the same quarter a year ago (+2%).
  • Revenue: consensus $42.8B.

Watchlist

5 metrics stand out this quarter.

2.5% Investor Focus

Fy26 Sales Growth

The company expects total sales growth of approximately 2.5% to 4.5% for fiscal year 2026.

"Looking ahead to fiscal 2026, we expect total sales growth of approximately 2.5% to 4.5%, comparable sales growth of approximately flat to 2% and adjusted diluted earnings per share to grow approximately flat to 4%."

- Edward Decker, Chair, President and CEO - Q4 FY25 Earnings Call - February 24, 2026
2.5% Investor Focus

Fy26 Comp Sales Growth

The company expects comparable sales growth of approximately flat to 2% for fiscal year 2026.

"Looking ahead to fiscal 2026, we expect total sales growth of approximately 2.5% to 4.5%, comparable sales growth of approximately flat to 2% and adjusted diluted earnings per share to grow approximately flat to 4%."

- Edward Decker, Chair, President and CEO - Q4 FY25 Earnings Call - February 24, 2026
2.5% Investor Focus

Fy26 Eps Growth

The company expects adjusted diluted earnings per share to grow approximately flat to 4% for fiscal year 2026.

"Looking ahead to fiscal 2026, we expect total sales growth of approximately 2.5% to 4.5%, comparable sales growth of approximately flat to 2% and adjusted diluted earnings per share to grow approximately flat to 4%."

- Edward Decker, Chair, President and CEO - Q4 FY25 Earnings Call - February 24, 2026
2.5% Expectation / Guide

Capital Expenditures Guidance

The company plans to continue investing in our business with capital expenditures of approximately 2.5% of sales for fiscal 2026.

Richard McPhail, Executive Vice President and Chief Financial Officer - Q4 FY25 Earnings Call - February 24, 2026
15 Investor Focus

New Store Expansion

The company plans to open approximately 15 new stores and 40 to 50 new SRS locations in fiscal 2026.

Richard McPhail, Executive Vice President and Chief Financial Officer - Q4 FY25 Earnings Call - February 24, 2026

Stock Expert AI - Methodology

Do our scoring pillars, 6 perspectives, and Munger lens point in the same direction?

Historical V1 score 54 / 100

Historical V1 earnings-model score (archived, Nov 9, 2026) — not the current MoonshotScore. Current MoonshotScore: HD stock page

multi-pillar methodology. Revenue Growth and Cash Runway strong. Gross Margin weak.

How is it calculated? ->
Revenue Growth8.0Q2 vs Q3: fast growth (+15.7%)
Gross Margin3.0Q2: average margin (33.7%)
Operating Leverage1.0op margin average (14.3%)
Cash Runway10.0FCF very strong ($4.5B, 5.1x CapEx)
R&D Intensity3.0low R&D investment (0.0%, weak innovation)
Insider Activity5.0Q2 FY26: net selling (-$4.9M, normalized)
Price Momentum7.0RSI 68.2 positive momentum, 50d above
News Sentiment6.0majority buy (61%)
Council Score 3 / 6 Bullish

6 investor frameworks. 3 bullish (Ray Dalio, Ken Griffin, Buffett), 0 bearish (none), 3 neutral (Jim Simons, Klarman, Munger).

How is it calculated? ->
Ray Dalio macro - target upside +6.8%
Ken Griffin flow - 50d MA above
Jim Simons quant - RSI 68
Klarman value - target upside +6.8%
Buffett quality - ROE score 5/5
Munger valuation - target upside +6.8%
Munger's Mindset character & balance sheet lens
Fairly Valued

Quality business, trading at fair value.

How is it calculated? ->
Financial HealthModerate
Margin of SafetyWeak
Interest CoverageAdequate
ROIC vs WACCHealthy
Technical Levels - Pre-earnings positioning

What levels is the stock being tested at?

RSI(14)
68.2 RSI 68.2 positive momentum, 50d above
MACD
+14.10 price above 50d - support positive
50d MA
$310 stock 14.1% above - short-term support
200d MA
$333 stock 6.0% above - long-term support
Volume (10d)
+4% increase - pre-earnings positioning
Resistance
$378
Analyst median target - upgrade trigger if broken
Current
$353
Pre-earnings position
Support
$283
Invalidation - close below this is a technical breakdown
Pattern
Range
$283-$378 band - earnings breakout/breakdown trigger

Past Performance

4 quarters shown.

MISS
Q3 FY25
$3.74 vs $3.83 est · Next-day price move: -0.6%
BEAT
Q4 FY25
$2.72 vs $2.53 est · Next-day price move: -2.3%
BEAT
Q1 FY26
$3.43 vs $3.41 est · Next-day price move: +2.7%
BEAT
Q2 FY26
$4.92 vs $4.73 est · Next-day price move: +2.0%

Q2 FY26 (August 18, 2026) EPS $4.92 vs $4.73 estimate: beat (+4.0%)1.

Three scenarios: what could happen?

EPS < $3.72 (no guidance)
Backlog concentration

No RPO/backlog concentration disclosed in Q4 earnings call.

Insider trading signal

Form 4 Q2 FY26: 6 transactions, net -$4.94M1.

Executive Action Amount Date
Scardino Kimberly R SVP-Finance, CAO & Controller Sale -$206.5K 2026-09-11
Roseborough Teresa Wynn EVP, Gen. Counsel & Corp. Sec. Sale -$807.1K 2026-08-31
Rowe Michael F. EVP, Pro Sale -$239.1K 2026-08-27
McPhail Richard V EVP & CFO Sale -$2.09M 2026-08-21
McPhail Richard V EVP & CFO Sale -$940.7K 2026-03-05
Deaton John A. EVP - Supply Chain & Prod. Dev Sale -$661.6K 2026-03-05
Net 6 transactions (6 sales, 0 purchases) -$4.94M Q2 FY26

6 transactions · 6 sales / 0 purchases = net negative flow. Not large in absolute terms against a $352.6B market cap.

CapEx shock

Q4 CapEx $880.0M1. Q4 op margin 14.3%1 - this level in Q3 is sensitive to CapEx revision risk.

Framework - Position discipline

After the data arrives: 3 scenarios, 3 windows

Not advice - a structural framework for earnings night. Decision discipline is yours.

Scenario A - Beat
Q3 EPS > $3.83 + CapEx discipline
Threshold: EPS > $3.831.
Target: Break above median target $3781; high target $4251 upper bound.
Scenario B - In-Line
EPS approx $3.83 + CapEx < $880.0M
Threshold: EPS approx $3.831, Q3 CapEx < $880.0M1.
Target: Consolidation in the band between current $3531 and median $3781.
Scenario C - Miss
EPS < $3.72 or CapEx >= $880.0M
Threshold: EPS < $3.721.
Current price $353 — above SMA200 $3331.

Market Outlook

What do analysts say? 11 price targets · 36 ratings

Wall Street Consensus
$378
12-month median target price (+6.8% gap to the analyst consensus median)
22
BUY
14
HOLD
0
SELL
Risk Management
$283
Invalidation level - critical support threshold
$310 - 50-day MA (above, +14.1%)
$333 - 200-day MA (above, +6.0%)
IV Crush risk (sudden drop in inflated option premiums before earnings): Option premiums are inflated before earnings.
Verdict - HD Q3 FY26
B

You read it in 5 minutes. When the numbers come out on Tuesday evening - you know what you're looking at.

Data arrives at night. The framework is ready now.

Data arrives on Tuesday evening. The framework is ready on this page: Q3 EPS threshold $3.831, CapEx threshold "below $880.0M". Two anchors, three scenarios.

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Educational tool, not investment advice. Past performance does not guarantee future results.

Calendar

Catalyst Calendar - 90-day forward look

Nov 17, 2026EARNINGSQ3 FY26 results (after market close) + earnings call
Nov 18, 2026PRICEFirst trading day after earnings - 200dMA test + IV crush
Dec 12, 2026 – Dec 17, 2026FILING10-Q due within 40–45 days of quarter end (by Dec 12, 2026 – Dec 17, 2026); the exact deadline depends on filer status
~Feb 17, 2027EARNINGSQ4 FY26 (next quarter, date not yet scheduled in FMP)

DATA GAP: Events not in the FMP /stable/calendar feed - Investor day, analyst day, product launches, regulatory dates. These require company IR page scraping or manual calendar entry.

Frequently Asked Questions

What does the HD Q3 FY26 earnings preview cover?

This The Home Depot, Inc. (HD) Q3 FY26 earnings preview covers the analyst consensus, key catalysts, and what to watch on the earnings call.

What should investors watch for in HD Q3 FY26 earnings?

The Home Depot, Inc. (HD): Consensus EPS, revenue guidance, segment growth rates, and the tone of management commentary — the full breakdown with sources is on this page.

Where do the numbers on this page come from?

The Home Depot, Inc. (HD): Figures are sourced from Financial Modeling Prep (FMP) fundamentals and consensus data plus official earnings-call transcripts; derived metrics are labeled with their source next to each figure.

Is this a buy or sell recommendation?

The Home Depot, Inc. (HD): No. This page is educational research, not investment advice. It summarizes analyst consensus and company data; consult a licensed financial advisor before making any investment decision.

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