H&R Block (NYSE:HRB) is a renowned provider of tax preparation services, competing with giants like TurboTax and Jackson Hewitt. On August 13, 2025, Alexander Paris from Barrington set a bullish price target of $62 for HRB, suggesting a significant upside of 25.9% from its then trading price of $49.25.
The company's recent financial performance presents a mixed picture. H&R Block reported a fourth-quarter earnings per share (EPS) of $2.27, which was below the Zacks Consensus Estimate by 19.2%. Despite this miss, the EPS marked a 20.1% improvement from the year prior. Revenue growth was a bright spot, with a 4.6% increase to $1.11 billion, beating the consensus estimate by 3.7%.
This revenue uptick was primarily fueled by a 5% rise in U.S. tax preparation services, mitigating weaker performances in other financial services. Looking forward, H&R Block is optimistic, projecting fiscal year 2026 revenues to range between $3.88 billion and $3.90 billion, with an EPS forecast of $4.85 to $5.00. This outlook underscores the company's confidence in its core business operations amidst competitive pressures.
Despite a challenging market, H&R Block's stock has outperformed its industry peers over the past year, with a decline of 9.5%, compared to the industry's 12.8% drop. Currently, HRB's shares are trading at $49.05, down 4.76% or $2.45, with today's trading range between $47.00 and $50.98 and a market capitalization of around $6.57 billion.
