Recent Price Performance and Trading Range
Home Depot stock has traded within a relatively narrow range over the past week, reflecting market uncertainty following recent earnings announcements. The stock closed at $354.61 on December 5, 2025, before declining to $349.91 by December 8. This represents a modest pullback from the stock's 52-week high of $439.37, achieved earlier in the year.
The 52-week trading range of $326.31 to $439.37 demonstrates the stock's significant volatility throughout 2025. Current price levels near $350 place the stock approximately 20% below its yearly peak, suggesting investor concerns about the company's near-term growth prospects and profitability guidance.
Analyst Ratings and Price Targets
Major financial institutions have recently adjusted their outlooks on Home Depot stock downward. Goldman Sachs analyst Kate McShane lowered the firm's price target from $444 to $406 while maintaining a Buy rating on the shares. Similarly, Evercore ISI reduced its price target from $450 to $425, keeping an Outperform rating, citing concerns about the company's Q3 earnings miss and 2025 guidance.
These analyst adjustments reflect broader concerns about the home improvement retail sector and Home Depot's ability to maintain growth momentum. Despite the downward revisions, both firms maintain positive ratings, suggesting they believe the stock offers value at current levels, though with lower upside potential than previously anticipated.
Dividend Yield and Valuation Metrics
Home Depot offers investors a 2.72% dividend yield, providing regular income alongside potential capital appreciation. At the current price of approximately $350, this yield remains competitive within the retail sector and reflects the company's commitment to returning capital to shareholders despite recent operational challenges.
The stock's P/E ratio of 22.94 suggests the market is pricing in moderate growth expectations relative to current earnings. This valuation sits near historical averages for the company, indicating that recent price declines have brought valuations back to reasonable levels for long-term investors seeking exposure to the home improvement retail sector.