Argus cuts target for H&R Block stock to USD 45.00

Published on 10/05/2026 at 08:23 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Fiscal 2026 revenue rose 4.9 percent to USD 3.95 billion. H&R Block stock costs EUR 37.21 on October 5, 2026 versus EUR 37.04.

HRB, US0936711052, Illustration mit AI erstellt.

Argus lowered its target for H&R Block to USD 45.00 in a September 23, 2026 report carried by Yahoo Finance, putting valuation and execution back at the center of the HRB story. H&R Block stock was at EUR 37.21 at Lang & Schwarz on October 5, 2026 at 8:21 a.m. CEST, up 0.46 percent versus the EUR 37.04 prior close.

Fiscal 2027 guide reaches USD 4.16 billion

H&R Block entered fiscal 2027 after reporting fiscal 2026 revenue of USD 3.95 billion, up 4.9 percent year over year, while adjusted earnings per share rose 13.9 percent to USD 5.31. Those figures appear in the company investor-relations materials dated August 11, 2026, published by H&R Block.

The fiscal 2027 outlook calls for revenue of USD 4.11 billion to USD 4.16 billion and adjusted earnings per share of USD 6.04 to USD 6.24. The midpoint implies a revenue increase of 4.8 percent from fiscal 2026, while the midpoint adjusted earnings-per-share guide represents growth of 15.6 percent from USD 5.31.

Cash flow supports shareholder returns

Zacks reported that H&R Block generated USD 838.7 million of operating cash flow and USD 756.1 million of free cash flow in fiscal 2026. The company returned USD 713.7 million through dividends and repurchases, including USD 500.3 million spent to buy back shares.

The same fiscal 2026 review said fourth-quarter adjusted earnings per share reached USD 2.38, beating the USD 2.23 consensus estimate by 6.7 percent. Fourth-quarter revenue was USD 1.14 billion, 2.5 percent above the USD 1.12 billion consensus estimate.

Target range keeps the valuation divided

MarketBeat reported on September 30, 2026 that analyst targets ranged from USD 33.00 to USD 60.00, with a consensus target of USD 46.67 and a Hold consensus. The spread leaves the lower Argus target below the consensus, while the upper target reflects a materially more constructive view of H&R Block's execution.

H&R Block's next earnings release is expected on November 5, 2026, according to Zacks. That report will provide the next quantified test of the fiscal 2027 outlook and the company's investment in assisted tax preparation, Wave and automation.

EUR 37.21 before Xetra opens

At Lang & Schwarz, H&R Block stock was trading at EUR 37.21 on October 5, 2026 at 8:21 a.m. CEST, in the pre-market phase, versus a prior close of EUR 37.04, a gain of 0.46 percent. The NYSE-listed stock's primary-market quote was last at USD 41.68 on October 2, 2026 at 4:00 p.m. ET; its 52-week range was USD 28.16 to USD 58.67.