Home Depot (NYSE: HD) Price Target Update and Dividend Growth

Font: Financial Modeling Prep  • Feb 24, 2026

• D.A. Davidson sets a new price target for Home Depot (NYSE: HD) at $445, indicating a potential increase of approximately 15.72%.
• Home Depot is recognized as a Dividend Contender, highlighting its consistent dividend growth and commitment to returning value to shareholders.
• The stock's trading volume on the NYSE shows active investor interest, with a market capitalization of approximately $382.75 billion.

Home Depot (NYSE: HD) is a leading home improvement retailer, known for its wide range of products and services. The company operates numerous stores across the United States, Canada, and Mexico, catering to both DIY enthusiasts and professional contractors. Home Depot competes with other major retailers like Lowe's and Menards, striving to maintain its position as a market leader.

On February 24, 2026, D.A. Davidson set a new price target for Home Depot at $445. At the time, the stock was trading at $384.56, suggesting a potential increase of approximately 15.72%. This optimistic outlook reflects confidence in Home Depot's ability to grow and deliver value to its shareholders. The current stock price is $384.48, showing a slight increase of 1.99% or $7.49.

Home Depot is attracting attention from dividend investors due to its consistent dividend growth. As a Dividend Contender, the company has a history of increasing dividends, aiming to join the Dividend Aristocrats Index. This commitment to regular dividend hikes demonstrates Home Depot's dedication to returning value to shareholders.

The stock has traded between $382.23 and $394.17 today, with a market capitalization of approximately $382.75 billion. Over the past year, Home Depot's stock has seen a high of $426.75 and a low of $326.31. The trading volume for the day is 4,636,177 shares on the NYSE, indicating active investor interest.