Robert Half Jumps 12.5% After Q4 EPS Beat, Truist Sees 17% Upside
Truist’s Tobey Sommer set a $40 price target on Robert Half, implying 17.27% upside after the company reported Q4 EPS of $0.32, a 6.7% beat, and $1.3 billion in revenues. Despite a 100-basis-point margin contraction and declines across Talent Solutions and Protiviti, Q1 2026 revenue guidance tops consensus, suggesting stabilization.
1. Truist Financial Raises Price Target to $40
Truist Financial analyst Tobey Sommer has set a new price target of $40 for Robert Half International, implying upside of approximately 17.3%. This bullish outlook reflects confidence in the staffing firm’s ability to navigate cyclical headwinds and capitalize on an improving demand environment for talent solutions and consulting services.
2. Q4 EPS Surpasses Estimates Driving Double-Digit Stock Gains
In the fourth quarter, Robert Half delivered earnings per share of $0.32, exceeding consensus estimates by 6.7%. Quarterly revenue came in at $1.3 billion, modestly above forecasts despite a year-over-year decline. The stronger-than-expected results propelled the stock to surge by 12.5% on the earnings announcement, marking its best one-day performance in over a year.
3. First-Quarter Guidance Points to Stabilization Despite Margin Pressure
For the first quarter of fiscal 2026, Robert Half guided to revenue at the midpoint above street expectations, signaling a potential inflection in top-line trends. The company noted broad revenue declines across its Talent Solutions and Protiviti segments, with overall margins contracting by 100 basis points. Management expressed optimism that improving sequential growth in January will lay the groundwork for year-over-year gains by mid-2025.