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H&R Block (HRB) Ends Losing Streak as Profits Soar 17%

H&R Block Inc. (NYSE:HRB) is one of the 10 Stocks Outperforming Wall Street With Monster Returns.

H&R Block snapped a four-day losing streak on Thursday, jumping 23.77 percent to close at $36.29 apiece, as investors took heart from a strong earnings performance in the third quarter of fiscal year 2026, coupled with a higher growth outlook for the full fiscal period.

In an updated report, H&R Block Inc. (NYSE:HRB) said that its net income for the three months ending March 2026 climbed by 17 percent to $847.9 million from $722.3 million in the same period last year, on the back of a one-time tax benefit and fewer shares outstanding from buybacks, among others.

Photo by RDNE Stock Project on Pexels

Revenues also grew by 5 percent to $2.4 billion from $2.28 billion year-on-year, on the back of higher net average charge and volume in the US assisted tax preparation category, growth in international revenue, and an increase in refund transfer volume.

Following the results, H&R Block Inc. (NYSE:HRB) raised its revenue growth outlook for the full fiscal year 2026 to a range of $3.91 billion to $3.92 billion, or an implied growth of 3 percent from the $3.8 billion posted in the last fiscal year.

The lower range of its EBITDA target was also raised to $1.025 billion from $1.015 billion, while the upper range was maintained at $1.035 billion. This would imply growth of 5 to 6 percent versus the $976 million year-on-year.

In other news, H&R Block Inc. (NYSE:HRB) announced the distribution of $0.42 in cash dividends to all shareholders on record as of June 3, 2026, payable on July 7.

While we acknowledge the risk and potential of HRB as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than HRB and that has 10,000% upside potential, check out our report about the cheapest AI stock.

READ NEXT: 33 Stocks That Should Double in 3 Years and Cathie Wood 2026 Portfolio: 10 Best Stocks to Buy. 

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The $250 Trillion AI Hype is Real. A few years from now, you’ll probably wish you’d bought this stock.

When Jeff Bezos said that one breakthrough technology would shape Amazon’s destiny, even Wall Street’s biggest analysts were caught off guard.

Fast forward a year and Amazon’s new CEO Andy Jassy described generative AI as a “once-in-a-lifetime” technology that is already being used across Amazon to reinvent customer experiences.

At the 8th Future Investment Initiative conference, Elon Musk predicted that by 2040 there would be at least 10 billion humanoid robots, with each priced between $20,000 and $25,000.

Do the math. According to Musk, this technology could be worth $250 trillion by 2040.

Put another way, that’s roughly equal to:

  • 175 Teslas
  • 107 Amazons
  • 140 Metas
  • 84 Googles
  • 65 Microsofts
  • And 55 Nvidias

And here’s the wild part — this $250 trillion wave isn’t tied to one company, but to an entire ecosystem of AI innovators set to reshape the global economy.

It’s a leap so massive, it could reshape how businesses, governments, and consumers operate worldwide.

Even if that $250 trillion figure sounds ambitious, major firms like PwC and McKinsey still see AI unlocking multi-trillion-dollar potential.

How could anything be worth that much?

The answer lies in a breakthrough so powerful it’s redefining how humanity works, learns, and creates.

And this breakthrough has already set off a frenzy among hedge funds and Wall Street’s top investors.

What most investors don’t realize is that one under-owned company holds the key to this $250 trillion revolution.

In fact, Verge argues this company’s supercheap AI technology should concern rivals.

Before I reveal the details, let’s talk about how some of the richest people on the planet are positioning themselves.

  • Bill Gates sees artificial intelligence as the “biggest technological advance in my lifetime,” more transformative than the internet or personal computer, capable of improving healthcare, education, and addressing climate change.
  • Larry Ellison — through Oracle, is spending billions on Nvidia chips and partnering with Cohere to embed generative AI across Oracle’s cloud and apps.
  • Warren Buffett — not known for tech hype — says this breakthrough could have a ‘hugely beneficial social impact.

When billionaires from Silicon Valley to Wall Street line up behind the same idea — you know it’s worth paying attention to.

Even as we admire what Tesla, Nvidia, Alphabet, and Microsoft have built, we believe an even greater opportunity lies elsewhere…

But the real story isn’t Nvidia — it’s a much smaller company quietly improving the critical technology that makes this entire revolution possible.

And judging by what I’m hearing from both Silicon Valley insiders and Wall Street veterans…

This prediction might not be bold at all:

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