Home Depot, Inc. (NYSE: HD) is trading through a shortened Christmas Eve session with investors juggling mixed signals: upbeat Wall Street ratings, cautious earnings-revision trends, and a steady drumbeat of institutional-position headlines. Meanwhile, the broader market’s “Santa rally” narrative is picking up steam as the S&P 500 notched a fresh record intraday high on Wednesday. [1]
As of the latest available trade on December 24, 2025, HD shares were around $347.51, up roughly 0.7% on the day, after opening near $344 and trading in the mid-$340s range. [2]
Below is a complete roundup of the key HD stock news, forecasts, and analysis items published today (24.12.2025)—plus the most relevant near-term context shaping the outlook.
Home Depot stock price today: HD edges higher in a shortened holiday session
Home Depot stock traded modestly higher on Wednesday, with the latest quote showing $347.51, after moving between roughly $343.95 and $347.60 intraday. Trading volume was light—typical for a holiday-shortened session—with the NYSE and Nasdaq scheduled to close early at 1 p.m. ET on Christmas Eve. [3]
The tape matters because Home Depot is a Dow component, and even small moves can be amplified in index narratives on low-volume days. The company is also part of the S&P 500, which reached an intraday record on December 24 as investors leaned into hopes for rate cuts in 2026. [4]
All key Home Depot stock headlines published on Dec. 24, 2025
1) Wall Street says “Buy,” but the earnings-revision signal is cooler
A widely circulated analyst roundup published today frames Home Depot’s Average Brokerage Recommendation (ABR) at 1.88 (between Strong Buy and Buy) based on 37 brokerage firms. The breakdown cited: 22 Strong Buy ratings and 1 Buy rating, with the piece emphasizing that sell-side ratings can skew optimistic. [5]
The same analysis points to a more cautious indicator: Home Depot carries a Zacks Rank #4 (Sell), tied to earnings estimate revisions. The Zacks consensus estimate for the current year was cited at $14.51, down 0.1% over the past month—small in magnitude, but directionally negative. [6]
Why this matters for HD stock today: Investors often treat ratings as “confirmation,” but short-term price action can be more sensitive to whether analysts are raising or cutting profit forecasts. Today’s read-through: ratings remain supportive, but revisions are not. [7]
2) A new “fraud investigation” announcement adds headline risk
A press release dated December 24, 2025 from The Schall Law Firm says it is investigating claims on behalf of Home Depot investors for potential securities-law violations, referencing Home Depot’s Q3 2025 results and the stock’s decline that day (per the release). The firm describes the release as potentially attorney advertising. [8]
How to interpret it: These law-firm announcements can create a short-lived sentiment overhang even when they don’t reflect new company filings. Investors generally watch for follow-through—such as consolidated class action complaints, court milestones, or material company disclosures—before treating it as anything more than headline noise. [9]
3) Institutional buying and selling headlines flood the tape
A large share of today’s HD coverage comes from SEC-filing-based snapshots highlighting which funds trimmed or added to positions during the quarter. Several separate items published today point in both directions (some buyers, some sellers), which is normal given the stock’s enormous institutional footprint.
Key examples published today (Dec. 24) include:
- Confluence Investment Management trimming its stake by 1.7% in Q3, while still holding a sizable position (per the filing summary). [10]
- Farther Finance Advisors increasing holdings by 15.6% in Q3 (per the filing summary). [11]
- HBK Sorce Advisory increasing its stake by 36.2% in Q3 (per the filing summary). [12]
- Exchange Traded Concepts reporting a large percentage increase from a smaller base, tied to its Q3 filing summary. [13]
- Separate sell-side filing recaps noting stake reductions by firms like Abner Herrman & Brock and Baxter Bros. [14]
A repeated anchor statistic across these filing summaries: institutional investors and hedge funds own about 70.86% of Home Depot shares (per the MarketBeat aggregation in multiple items). [15]
What this means in plain English: The fact that one fund bought and another sold isn’t the story—Home Depot is widely held, and portfolios rebalance constantly. The more useful takeaway is that HD remains a heavily institutional stock, which can increase sensitivity to macro data, rates, and guidance versus purely retail-driven flows. [16]
Options market signal: heavy put activity suggests hedging (not necessarily panic)
One of the more quantifiable signals circulating into today is a spike in put-option volume reported for Tuesday’s session: investors bought 46,941 put options, about 47% above typical daily put volume (per the options-activity item). [17]
This kind of activity can mean a few different things:
- Downside hedging by holders into year-end (common around holidays and thin liquidity)
- Speculative bearish positioning
- Portfolio protection ahead of 2026 outlook debates (rates, housing turnover, big-ticket demand)
The key point: unusual put volume often signals uncertainty more than it signals a guaranteed drop. In low-volume periods, hedging flows can look dramatic even when they’re routine. [18]
Home Depot stock forecasts today: analyst targets and consensus ratings
The big picture: “Moderate Buy” / “Buy” consensus, targets mostly above the current price
Across the major aggregators available today, Home Depot’s Street view still leans constructive:
- One widely cited consensus set today shows an average 12-month price target around $402.10, with targets ranging roughly from $320 (low) to $470 (high). [19]
- Another aggregator calculates a higher average target around $421.33, describing a consensus Buy rating and a broad target range (low-to-high targets spanning the mid-$300s into the high-$400s). [20]
- MarketWatch’s analyst-estimates page reflects an Overweight-leaning consensus and an average target price near $401 (as displayed on its estimates page). [21]
Why targets differ: Each site counts a different analyst set and updates on different schedules. It’s common for targets to vary by $20+ even when the underlying “direction” is the same. [22]
A cleaner way to read the forecasts
Instead of picking a single “best” target, investors often look at:
- The range (how wide is disagreement?)
- The rating mix (how many Holds vs Buys?)
- The catalyst calendar (what could force revisions?)
Today’s data still points to more Buys than Holds, but the Zacks-style revision signal suggests analysts are not racing to lift earnings power in the near term. [23]
Home Depot’s own outlook: what the company has guided for fiscal 2025 and 2026
For grounding beyond Wall Street targets, Home Depot’s most important “source of truth” is its own framework.
At its Investor and Analyst Conference materials posted on the company’s IR site, Home Depot reaffirmed key fiscal 2025 guidance, including:
- Total sales growth ~3%
- Comparable sales slightly positive (for the comparable 52-week period)
- Adjusted EPS down ~5% vs fiscal 2024 (and GAAP EPS down ~6%)
- Various margin and capital-spend assumptions [24]
More importantly for the stock debate heading into 2026, Home Depot also provided a preliminary fiscal 2026 outlook, including:
- Home improvement market -1% to +1%
- Comparable sales flat to +2%
- Total sales growth ~2.5% to 4.5%
- EPS growth approximately flat to +4% (GAAP and adjusted) [25]
This corporate framework is a major reason investors remain split: it’s not a “collapse” story—but it’s also not a confident rebound story yet. [26]
What could move Home Depot stock next
Here are the catalysts that matter most for HD from late December into early 2026—based on what’s showing up in today’s coverage and the company’s own outlook.
1) Rates, housing turnover, and “big project” confidence
Home Depot is still widely viewed as rate-sensitive because housing turnover drives remodel projects. Today’s broader market rally narrative is tied to expectations for future Fed cuts—a macro tailwind if it translates into more housing activity. [27]
2) Earnings revisions vs. headline ratings
Today’s most interesting cross-current is the gap between:
- Buy-leaning brokerage recommendations (ABR) [28]
and - downward-tilting earnings estimate revisions that feed into quantitative ranks [29]
If revisions stabilize (or turn positive), HD can re-rate quickly. If they keep drifting down, targets often follow.
3) Institutional rebalancing and options hedging into year-end
The flood of “fund buys/sells” stories and elevated put activity reads like positioning more than fundamentals. Still, in thin markets, positioning can dominate price action for days. [30]
4) Legal headline risk
Today’s law-firm investigation release is not the same thing as an adjudicated claim—but it can increase volatility, especially when paired with existing investor caution about the sector’s recovery timeline. [31]
The bottom line for HD stock on Dec. 24, 2025
Home Depot stock is finishing the year with a familiar setup: high-quality franchise, cautious near-term demand backdrop. Today’s updates reinforce that push-pull.
- Price action is steady-to-firm in a thin, shortened session. [32]
- Analyst sentiment remains broadly positive on ratings and targets—but earnings revisions are still the “tells the truth later” indicator that investors are watching. [33]
- The company’s own 2026 framework points to modest growth rather than a sharp rebound, keeping the debate alive into early 2026. [34]
If you’re tracking HD into the turn of the year, the cleanest question is this: Do rates and housing activity improve enough to lift estimates—before valuation and patience wear thin? Today’s coverage doesn’t settle that question, but it does show where the market is looking for the answer. [35]
References
1. www.reuters.com, 2. www.marketwatch.com, 3. www.barrons.com, 4. ir.homedepot.com, 5. finviz.com, 6. finviz.com, 7. finviz.com, 8. www.globenewswire.com, 9. www.globenewswire.com, 10. www.marketbeat.com, 11. www.marketbeat.com, 12. www.marketbeat.com, 13. www.marketbeat.com, 14. www.marketbeat.com, 15. www.marketbeat.com, 16. www.marketbeat.com, 17. www.marketbeat.com, 18. www.marketbeat.com, 19. www.marketbeat.com, 20. stockanalysis.com, 21. www.marketwatch.com, 22. www.marketbeat.com, 23. finviz.com, 24. ir.homedepot.com, 25. ir.homedepot.com, 26. ir.homedepot.com, 27. www.reuters.com, 28. finviz.com, 29. finviz.com, 30. www.marketbeat.com, 31. www.globenewswire.com, 32. www.barrons.com, 33. finviz.com, 34. ir.homedepot.com, 35. ir.homedepot.com
