The Home Depot, Inc. (HD) Downgraded to Peer Perform by Wolfe Research

Market Context

The Home Depot, Inc. operates in the Consumer Cyclical sector. The stock currently trades at $342.86 with a market capitalization of $355.8B. The stock has declined 14.5% over the past 52 weeks.

Analyst downgrades can weigh on a stock in the short term as institutional investors who follow Wolfe Research's research adjust their positions. However, downgrades also sometimes create buying opportunities if the market overreacts to the rating change. The reasoning behind the downgrade matters more than the rating itself.

Analyst ratings and price targets are one input among many for investment decisions. Historical studies show that consensus analyst recommendations have mixed predictive power on their own, but significant changes in consensus — such as multiple upgrades or downgrades in a short period — can be more meaningful signals.

Recent Analyst Activity for The Home Depot, Inc.

Among the 10 most recent ratings: 8 Buy, 2 Hold, 0 Sell.

Date	Firm	Rating	Price Target
Jun 23, 2026	Wolfe Research	Peer Perform	N/A
May 20, 2026	Guggenheim	Buy	N/A
May 20, 2026	DA Davidson	Buy	N/A
May 20, 2026	RBC Capital	Sector Perform	N/A
May 20, 2026	TD Cowen	Buy	N/A

Related Tools: Analyst Ratings Dashboard | View HD Stock Page