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GMS Announces Merger Agreement with Home Depot

Story Highlights
  • GMS Inc. will be acquired by The Home Depot’s subsidiary, SRS Distribution, for $110 per share.
  • The acquisition aims to expand GMS’s product offerings and market reach, benefiting stakeholders.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
GMS Announces Merger Agreement with Home Depot

Elevate Your Investing Strategy:

An update from GMS ( (GMS) ) is now available.

On June 29, 2025, GMS Inc. entered into a merger agreement with The Home Depot and its subsidiary, SRS Distribution, to be acquired for $110 per share, valuing the deal at approximately $5.5 billion. This acquisition is expected to enhance GMS’s offerings and market reach, benefiting shareholders, customers, and employees by expanding product and service options. The merger is anticipated to close by January 31, 2026, pending regulatory approvals and other customary conditions.

The most recent analyst rating on (GMS) stock is a Hold with a $80.00 price target. To see the full list of analyst forecasts on GMS stock, see the GMS Stock Forecast page.

Spark’s Take on GMS Stock

According to Spark, TipRanks’ AI Analyst, GMS is a Neutral.

The overall stock score is driven by stable financial performance but weakened by declining profitability and valuation concerns. Technical indicators show bullish momentum, but overvaluation risks and macroeconomic challenges weigh on the outlook. Earnings call insights highlight both achievements and ongoing market challenges, while recent corporate actions provide a positive strategic direction.

To see Spark’s full report on GMS stock, click here.

More about GMS

GMS Inc. is a leading North American specialty building products distributor, founded in 1971. The company operates over 320 distribution centers and nearly 100 tool sales, rental, and service centers across the United States and Canada. GMS focuses on providing wallboard, ceilings, steel framing, and complementary construction products to residential and commercial contractors.

Average Trading Volume: 528,384

Technical Sentiment Signal: Strong Buy

Current Market Cap: $3.7B

For a thorough assessment of GMS stock, go to TipRanks’ Stock Analysis page.

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