Robert Half (RHI) rises 21% W/W on analyst PT increase


We recently published Millionaire Makers: 10 Stocks That Paid Big Last Week Robert Half Inc. (NYSE:RHI) was one of the top performers last week.

Robert Half rose 21.14 percent week-to-week as investors loaded portfolios after an analyst’s price target update for its stock.

In a market report, Truist increased their target price for Robert Half Inc. (NYSE:RHI) 14 percent to $40 from $35 previously, while maintaining its “buy” recommendation, suggesting confidence for the company despite reporting a dismal performance last year.

Robert Middle
Robert Middle

Photo by cottonbro studio from Pexels

During the period, Robert Half Inc. (NYSE:RHI) said net income declined 47 percent to $132.99 million from $251.6 million in 2024, while service revenue declined 7 percent to $5.38 billion from $5.79 billion year over year.

In the fourth quarter alone, net profit fell 42 percent to $31.7 million from $54.29 million in the same period a year earlier, while service revenue fell 5.8 percent to $1.3 billion from $1.38 billion.

Despite a higher price target, Truist cut its EPS expectations for the publicly traded company to $1.40 from $1.71 previously due to expectations for higher selling, general and administrative (SG&A) costs this year and next. It also lowered its 2027 EPS estimate to $2.50 from $2.88 previously.

Robert Half Inc. (NYSE:RHI) is a global talent solutions company that provides staffing and consulting across a broad range of services, including finance, accounting, technology, legal, marketing and administration.

While we recognize the potential of RHI as an investment, our conviction lies in the belief that some AI stocks are more promising to deliver higher returns and have limited downside risk. If you’re looking for an extremely cheap AI stock that’s also a big beneficiary of Trump’s tariffs and onshoring, check out our free report on the best short term AI stock.

READ THE FOLLOWING: 30 stocks that should double in 3 years i 11 Hidden AI Stocks to Buy Right Now.

Disclosure: no. This article is originally published in Monkey Insider.



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