From what 9 stock analysts predict, the share price for H&R Block Inc (HRB) might increase by 5.58% in the next year. This is based on a 12-month average estimation for HRB. Price targets go from $50 to $70. The majority of stock analysts believe HRB is a hold. Please note analyst price targets are not guaranteed and could be missed completely.
H&R Block Inc has a total of 9 Wall St Analyst ratings. There are 1 buy ratings, 7 ratings, and 1 sell ratings. Since most analysts have a hold consensus rating, the expectation is that H&R Block Inc will generate similar returns as the market. Investors shouldn't rely purely on analyst ratings; we encourage investors to also take a look at the fundamental and technical analysis in their due diligence.
These are the latest 20 analyst ratings of HRB.
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
---|---|---|---|---|
Alexander Paris Barrington Research | Outperform | $70 | Maintains | Nov 8, 2024 |
Alexander Paris Barrington Research | Outperform | $70 | Maintains | Oct 28, 2024 |
George Kelly Goldman Sachs | Sell | $44 | Maintains | Aug 16, 2024 |
Alexander Paris Barrington Research | Outperform | $70 | Maintains | Aug 16, 2024 |
Alexander Paris Barrington Research | Outperform | $60 | Maintains | Aug 14, 2024 |
Alexander Paris Barrington Research | Outperform | $60 | Maintains | May 28, 2024 |
Alexander Paris Barrington Research | Outperform | $55 | Maintains | May 10, 2024 |
Alexander Paris Barrington Research | Outperform | $55 | Maintains | May 1, 2024 |
George Kelly Goldman Sachs | Sell | $38 | Maintains | Feb 8, 2024 |
George Kelly Goldman Sachs | Sell | $38 | Maintains | Feb 7, 2024 |
Alexander Paris Barrington Research | Outperform | $48 | Maintains | Nov 8, 2023 |
George Kelly Goldman Sachs | Sell | $32 | Maintains | Aug 17, 2023 |
George Kelly Goldman Sachs | Sell | $32 | Maintains | Aug 16, 2023 |
Alexander Paris Barrington Research | Outperform | $44 | Maintains | Aug 16, 2023 |
Alexander Paris Barrington Research | Outperform | $42 | Reiterates | Aug 7, 2023 |
Alexander Paris Barrington Research | Outperform | $42 | Reiterates | May 25, 2023 |
Alexander Paris Barrington Research | Outperform | $42 | Maintains | May 10, 2023 |
Alexander Paris Barrington Research | Outperform | $48 | Reiterates | Feb 8, 2023 |
George Kelly Goldman Sachs | Sell | $28 | Maintains | Feb 8, 2023 |
George Tong Goldman Sachs | Sell | $25 | Maintains | Nov 3, 2022 |
When did it IPO
1986
Staff Count
4,200
Country
United States
Sector/Industry
Consumer Cyclical/Personal Services
CEO
Mr. Jeffrey J. Jones II
Market Cap
$8.22B
In 2023, HRB generated $3.47B in revenue, which was a increase of 0.26% from the previous year. This can be seen as a signal that HRB's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Summary - H&R Block will pay $7 million and alter its practices as part of a proposed settlement to resolve an FTC lawsuit over deceptive claims regarding "free" tax filing.
Why It Matters - H&R Block's $7 million settlement may impact its profitability and reputation, potentially affecting stock performance and investor confidence in the company's practices.
Summary - H&R Block will simplify the process for customers to downgrade from paid tiers to its free online tax software service.
Why It Matters - H&R Block's software changes may improve customer satisfaction, potentially attracting more users and boosting revenue, impacting stock performance positively.
Summary - H&R Block (HRB) is expected to outperform the market due to its above-average growth in financials.
Why It Matters - H&R Block's strong financial growth signals potential for higher returns, making it an attractive option for investors seeking outperforming stocks.
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Summary - H&R Block exceeded revenue expectations but reported increased operating expenses, which negatively affected profitability.
Why It Matters - H&R Block's revenue beat suggests strong demand, but rising expenses could pressure margins, affecting future earnings and investor sentiment.
Summary - HRB reported a year-over-year decline in earnings for Q1 fiscal 2025, despite an increase in revenues.
Why It Matters - Earnings decline could signal rising costs or reduced margins, despite revenue growth, potentially impacting HRBโs profitability outlook and investor confidence.