H&R Block Q1 Earnings Exceed Expectations, Analysts Raise Price Target to $49.00

H&R Block reported Q4 results that beat market expectations, with revenues of $199m, 6.1% ahead of forecasts, and a statutory loss of $1.92, 5.4% smaller than expected. Analysts have updated their forecasts for 2026, with revenues expected to reach $3.89b, a 2.5% improvement from the last 12 months. The consensus price target fell 11% to $49.00, suggesting a slight decrease in optimism about the company's valuation.