“A Really Big Win”: Real-Time Delivery Tracking to Hit Home Depot, Home Depot Stock (NYSE:HD) Dives

Home improvement giant Home Depot (HD) brought out a new feature recently for its customer base that might well turn a few eyes back toward it, instead of shopping at Lowe’s (LOW) like we discovered was happening yesterday. The feature in question is real-time delivery tracking on large items. But investors did not seem particularly enthusiastic about this development, and sent Home Depot shares diving over 2% in Tuesday morning’s trading.

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Previously, real-time delivery tracking was reserved for smaller items. But now, that service has expanded outward to include appliances, construction materials, and similar items. This allows customers to figure out exactly where their large items are in the delivery process, and offers an idea of when they should be expected to arrive.

President of online and executive vice president of customer experience at Home Depot Jordan Broggi calls this “…a really big win” for Home Depot, and not without reason. We have already seen Lowe’s moving ahead of Home Depot in sales, even as Home Depot continues to lead in foot traffic. Offering tools to make the customer experience better should therefore be a win for Home Depot. It should also serve as extra impetus to use Home Depot for the contractors and professional market.

Future Potential

While Home Depot’s outlook has been a bit mixed this year, especially in terms of competition, it is doing well so far. Shares are up around 5.5% so far this year to date, and decent earnings results coupled with modestly positive guidance makes things look at least somewhat bright. So what could Home Depot stock do in 2026?

Certain limiting factors are still in place, of course. Interest rate cuts would help, but the Federal Reserve has proven recalcitrant on that point. But with several steady revenue sources set to kick in, there are signs that Home Depot stock could be in for substantial improvement going forward.

Is Home Depot a Good Long-Term Buy?

Turning to Wall Street, analysts have a Strong Buy consensus rating on HD stock based on 17 Buys and four Holds assigned in the past three months, as indicated by the graphic below. After a 2.85% loss in its share price over the past year, the average HD price target of $421.60 per share implies 15.66% upside potential.

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