Home Depot shares rose in premarket trading Tuesday after the home-improvement retailer's first-quarter sales came in better than analysts had expected.

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.

It’s a tale of two retailers. Home Depot is leaning into tariffs by holding prices steady for customers. Meanwhile, Walmart said last week it will do the opposite and raise prices. That contrast tells you who’s playing offense and who’s playing defense.

Home Depot executives said the retailer would maintain pricing levels despite the impact of tariffs, citing its scale and relationships with suppliers.

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

Home Depot Inc. missed Wall Street’s earnings estimates as the home construction products company fell short of same-store sales projections on Tuesday. Home Depot said its first-quarter profit fell to $3.