Home Depot Surges to 63rd in Daily Rankings with $1.44 Billion Trading Volume

On May 12, 2025, The Home Depot (HD) saw a significant surge in trading volume, with a total turnover of $1.44 billion, marking a 101.14% increase from the previous day. This substantial rise in trading volume placed HD at the 63rd position in the daily stock market rankings.

JPMorgan Chase & Co. recently adjusted its price target for Home Depot, lowering it from $470.00 to $410.00 while maintaining an "overweight" rating on the stock. This adjustment reflects the bank's updated outlook on the company's future performance.

Jefferies Financial Group Inc. significantly increased its stake in The Home Depot, Inc. by 515.1% during the fourth quarter. This substantial investment indicates a strong confidence in the company's prospects and potential for growth.

Home Depot is expected to report top-line growth in its upcoming first-quarter fiscal earnings report, with an Earnings ESP of +0.43% and a Zacks Rank of #3. This positive outlook suggests that the company is poised for strong financial performance in the near future.