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’s first-quarter earnings miss analysts’ estimates but the home-improvement retailer reaffirms fiscal-year guidance, Tesla stock rises, and Nvidia shares slip.

Home Depot’s revenue climbed in the first quarter as customers spent slightly more as they tackled smaller projects. Revenue rose to $39.86 billion from $36.42 billion a year earlier, beating the $39.

Amid tariff pressures, Home Depot is maintaining stable prices, contrasting with other retailers like Walmart that warned of potential price hikes.

Home Depot's first-quarter financial results could show the impact of tariffs, mortgage rates and consumer spending habits.

President Trump's quarrel with Walmart didn’t change Home Depot’s calculus around prices, said its chief financial officer, and the company will continue to focus on its strategy to diversify its supply chain.

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.

"We anticipate that 12 months from now, no single country outside of the United States will represent more than 10% of our purchases," CFO Richard McPhail said in a statement. The decision to keep prices steady stands in contrast to Walmart's warning last week that shoppers could soon face higher prices due to tariffs.