Home Depot News Daily

Home Depot Stock Slides Amid Weak Q3 Results and Economic Challenges


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# Home Depot Stock Falls 6% After Disappointing Q3 Earnings: What Investors Need to Know

Dive into our latest podcast episode where we analyze Home Depot's significant 6% stock drop and trading volume surge following underwhelming Q3 results. We break down the home improvement giant's $41.4 billion in sales, missed earnings expectations of $3.74 per share, and revised full-year guidance. Discover how the static housing market, higher interest rates, and cautious consumer spending are impacting the company despite its 2.5% dividend yield. We also explore diverging analyst opinions, with price targets ranging from $430-$438 and mixed buy/sell ratings from major financial institutions. Perfect for investors wondering about Home Depot's near-term outlook amid macroeconomic headwinds and its trading pattern between the $330s-$370s range.

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Home Depot News DailyBy Inception Point Ai