Stock Pulse
Home Depot (HD) reported Q4 2024 revenue of $39.7 billion, exceeding expectations with 14.1% year-over-year growth, the highest among home improvement retail peers [1], [2]. However, while EPS beat estimates, EBITDA missed, leading to a stock decline of around 8% [1], [2]. This mixed performance, coupled with existing macroeconomic pressures, shareholder activism, and uncertainty surrounding tariffs [6], [9], has tempered investor confidence despite strong top-line growth. Analysts project modest growth moving forward, with a "Hold" rating on the stock [7], [8], [10]. While a prior tariff suspension briefly boosted the stock price [4], and the company is exploring opportunities in areas like the Pro ecosystem and SRS expansion [6], the overall outlook remains cautiously neutral.