Bullish Case: HRB’s resilient performance, despite market challenges and recent tech glitches, shows strong fundamentals. A mean-reverting price pattern suggests potential for recovery and upside if the company swiftly addresses its technical issues.


Bearish Case: Recent technology failure during critical tax filing period could erode consumer trust and impact future earnings. This incident, juxtaposed with ongoing competitive pressures from free filing options, could strain HRB's market position.


Potential Outcomes:

1. Quick resolution of tech issues boosts customer confidence, enhancing stock value: 40% probability.

2. Continued tech problems and customer dissatisfaction lower stock price: 30% probability.

3. Market recovery and mean reversion occur, pushing prices up: 30% probability.


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April 23, 2024


H&R Block Forecast

HRB        H&R Block
Price Forecast: BULLISH    Price Action: MEAN REVERTING (?)











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