Home Depot has rolled out an online concierge, powered by generative artificial intelligence, to help answer customers' questions about millions of products and even how to get projects done.
Home Depot has reportedly begun using generative AI to bolster its online shopping services.
Recently, Zacks.com users have been paying close attention to Home Depot (HD). This makes it worthwhile to examine what the stock has in store.
Home Depot Inc (NYSE: HD) is “on this path to get a little bit stronger in 2025”, says Simeon Gutman – a Morgan Stanley analyst. The home improvement retailer has inched up in recent sessions even though its full-year outlook failed to match expectations on February 25th.
A Wells Fargo analyst recently nudged the company's price target on Home Depot (HD 1.62%) stock lower, from $450 to $445, and maintained an overweight rating on the stock. The new target represents a 13% premium to where the stock is trading as I write this and is a sign that the worst might be over for the housing-improvement market.
Home Depot (HD 1.62%) is one of the best-performing stocks of all time. Since the company's initial public offering (IPO) in 1981, its stock has grown from a small home improvement chain to one of the most valuable retailers in the world, pioneering a new retail model -- a big-box home improvement store.
Home Depot (HD 1.62%) has been an amazing stock for investors who have bought and held for the long term. Although it's not a growth stock, it has outperformed the market, and by a wide margin.
In its most recently reported quarter, Home Depot (HD 1.62%) managed to turn in positive same-store sales for the first time since the third quarter of 2022, breaking its ugly streak of declining comparable-store sales. Same-store sales are an important metric for retailers, as it shows how existing stores are performing.
Home Depot (HD 1.62%) has been experiencing a multiyear slowdown. Its latest earnings report and commentary from the earnings call suggest that Home Depot will not see a recovery in the housing market or home improvement projects anytime soon.
Many famous peers are in the market, with Lowe's LOW and Home Depot HD reflecting one of those notable pairings. We've recently received quarterly results from each, with both stocks seeing fair reactions post-earnings.
Yesterday, Home Depot reported its results for both the fourth quarter and fiscal year 2024. On paper, these earnings will bode very well for Home Depot investors.
Shares of Home Depot Inc HD were climbing in early trading on Wednesday, after the company reported upbeat fourth-quarter results.