{
  "id": 1692180,
  "title": "Why is Home Depot stock climbing today?",
  "url": "https://urgent.news/2026/08/18/why-is-home-depot-stock-climbing-today",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-18T10:47:53.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/stock-market-news/why-is-home-depot-stock-climbing-today-93CH-4864794"
  },
  "original_language": "en",
  "account": "Home Depot's stock climbed 2.1% during pre-market trading after the company reported fiscal second-quarter sales of $47.86 billion, beating analyst expectations of around $47.27 billion. Repair-focused customers demonstrated stronger demand than anticipated, contributing to the revenue surge. Management reaffirmed their full-year guidance, expecting comparable sales to remain flat or grow by 2%, and adjusted earnings per share to stay flat or rise by 4%. Analyst reactions further supported the earnings-driven move, with Stifel raising its price target to $340 from $320, RBC Capital increasing its target to $343 from $340, and Bernstein slightly trimming it to $344 from $346. The earnings call will be led by interim management due to CEO Ted Decker's temporary medical leave since August 12. Senior EVP Ann-Marie Campbell and CFO Richard McPhail are managing the company in Decker's absence. While the broader market sentiment is negative, with the S&P 500 down 0.5%, the Nasdaq off 1.2%, and the Dow Jones roughly flat, Home Depot's strong earnings beat and analyst optimism are driving the pre-market rally. Investors are also looking ahead to Lowe's, which is set to report its Q2 results the next day.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}