Robert Half ( RHI ) rises 28% as analyst raises price target, reaffirms ‘buy’


We recently published 10 Big Names Ending January With Explosive Earnings. Robert Half Inc. (NYSE:RHI) was one of the best performers on Friday.

Robert Half extended its winning streak to a second day on Friday, rising 27.83 percent to close at $34.61 apiece, as investors were cheered by an investment firm’s 14 percent increase in its price target for its shares.

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

Robert Middle
Robert Middle

Photo by cottonbro studio from Pexels

In an earnings call, Robert Half Inc. (NYSE:RHI) said net income last year fell 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.

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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