Home Depot, Inc. (The) (HD) Q2 2026 earnings — TrendMatrix coverage
Reported
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure
Key numbers
- Reported EPS
- $4.92
- Estimate
- $4.73
- Surprise
- +4.0%
- Score at report (before → after)
- 4.5 → 4.4/10
Revenue for this quarter isn’t shown: the reported figure hasn’t cleared TrendMatrix’s freshness and sanity checks yet, and consensus revenue isn’t tracked. EPS above is the available figure.
How the report landed
Home Depot, Inc. (The) (HD) beat the $4.73 estimate with diluted EPS of $4.92 — a clear 4.0% upside surprise. TrendMatrix's engine moved from Buy (Wait) (4.5/10) to Sell at 4.4/10 after the report — the engine's score fell despite the beat.
Where TrendMatrix's rating stands now
TrendMatrix currently rates HD Sell at 4.9/10.
3 of the last 4 quarters beat the estimate; this quarter's +4.0% surprise compares with a +2.5% four-quarter average. Next scheduled report: 2026-11-17.
What supports the rating
- Strong earnings beat streak (3/4)
What argues against it
- Thin upside margin: 5.7%
- Leverage penalty (D/E 3.8): -1.5
- Weak overall score: 4.9/10
This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.
The levels TrendMatrix's engine tracks
- Current price
- $329.26
- Price target
- $347.30
- Stop
- $318.04
- Upside to target
- +5.5%
- Reward-to-risk
- 1.1:1
At 23.6× trailing and 20.9× forward earnings, consensus estimates imply little change in earnings power.
Risk check: RSI 25 — a level conventionally read as oversold.
Model outputs from TrendMatrix’s engine as of 2026-08-28 — shown for context, not personalized investment advice.
HD at TrendMatrix's latest read
Cyclical consumer names live and die on demand momentum — same-quarter comps and guidance carry more weight than the headline surprise.
- Industry
- Home Improvement Retail
- Market cap
- $334.08B
- P/E (fwd)
- 20.9
- P/E (ttm)
- 23.6
- 52-week range
- $289.10–$426.75
- Off 52-week high
- 22.8%
- RSI (14)
- 25
- Volume vs avg
- 0.97×
- Score today
- 4.9/10