TaskUs (TASK) Stock Forecast, Price Target & Predictions
TASK Stock Forecast
TaskUs stock forecast is as follows: an average price target of $28.00 (represents a 118.07% upside from TASK’s last price of $12.84) and a rating consensus of 'Hold', based on 6 wall street analysts offering a 1-year stock forecast.
TASK Price Target
The average price target for TaskUs (TASK) is $28.00 based on 1-year price targets from 6 Wall Street analysts in the past 3 months, with a price target range of $60.00 to $16.00. This represents a potential 118.07% upside from TASK's last price of $12.84.
TASK Analyst Ratings
According to 6 Wall Street analysts, TaskUs's rating consensus is 'Hold'. The analyst rating breakdown for TASK stock is 0 'Strong Buy' (0.00%), 1 'Buy' (16.67%), 4 'Hold' (66.67%), 1 'Sell' (16.67%), and 0 'Strong Sell' (0.00%).
TaskUs Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Aug 09, 2024 | Daniel Perlin | RBC Capital | $18.00 | $15.57 | 15.61% | 40.19% |
| Jul 22, 2024 | Jason Kupferberg | Bank of America Securities | $18.00 | $16.90 | 6.51% | 40.19% |
| Jul 11, 2024 | David Koning | Robert W. Baird | $16.00 | $14.54 | 10.04% | 24.61% |
| Aug 10, 2023 | Sector Perform | RBC Capital | $16.00 | $10.30 | 55.34% | 24.61% |
| Aug 15, 2022 | James Faucette | Morgan Stanley | $19.00 | $16.18 | 17.43% | 47.98% |
| May 10, 2022 | Jeff Cantwell | Wells Fargo | $37.00 | $19.88 | 86.09% | 188.16% |
| Apr 20, 2022 | Matthew VanVliet | BTIG | $60.00 | $36.28 | 65.38% | 367.29% |
The latest TaskUs stock forecast, released on Aug 09, 2024 by Daniel Perlin from RBC Capital, set a price target of $18.00, which represents a 15.61% increase from the stock price at the time of the forecast ($15.57), and a 40.19% increase from TASK last price ($12.84).
TaskUs Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 3 | 3 |
| Avg Price Target | - | $17.33 | $17.33 |
| Last Closing Price | $12.84 | $12.84 | $12.84 |
| Upside/Downside | -100.00% | 34.97% | 34.97% |
In the current month, the average price target of TaskUs stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to TaskUs's last price of $12.84. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Aug 12, 2024 | Citigroup | Buy | Buy | Hold |
| Aug 09, 2024 | RBC Capital | Sector Perform | Sector Perform | Hold |
| Jul 22, 2024 | Bank of America Securities | - | Neutral | Upgrade |
| Jul 12, 2024 | Citigroup | Buy | Buy | Hold |
| Jun 24, 2024 | Goldman Sachs | Buy | Sell | Initialise |
| Aug 10, 2023 | RBC Capital | - | Sector Perform | Downgrade |
| Aug 15, 2022 | Morgan Stanley | Overweight | Equal-Weight | Downgrade |
| Aug 15, 2022 | Morgan Stanley | - | Overweight | Downgrade |
| Aug 10, 2022 | Goldman Sachs | Buy | Buy | Downgrade |
| Jul 19, 2022 | Citigroup | - | Buy | Initialise |
TaskUs's last stock rating was published by Citigroup on Aug 12, 2024. The company gave TASK a "Buy" rating, the same as its previous rate.
TaskUs Financial Forecast
TaskUs Revenue Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | $234.26M | - | - | $235.31M | $242.22M | $232.13M | - | $239.68M | $226.76M | $201.05M | $180.02M |
| Avg Forecast | $272.80M | $263.19M | $256.30M | $249.10M | $256.73M | $245.28M | $231.54M | $223.90M | $226.34M | $220.85M | $226.75M | $232.28M | $232.10M | $225.48M | $242.92M | $231.06M | $216.01M | $192.17M | $161.92M |
| High Forecast | $273.90M | $264.25M | $257.33M | $250.11M | $257.77M | $245.97M | $232.47M | $224.80M | $226.38M | $221.75M | $227.66M | $233.22M | $233.04M | $226.39M | $242.92M | $232.59M | $217.43M | $193.44M | $162.99M |
| Low Forecast | $272.23M | $262.64M | $255.77M | $248.58M | $256.20M | $244.84M | $231.06M | $223.43M | $226.26M | $220.40M | $226.27M | $231.80M | $231.62M | $225.01M | $242.92M | $229.50M | $214.55M | $190.87M | $160.83M |
| # Analysts | 4 | 4 | 4 | 4 | 3 | 6 | 3 | 4 | 5 | 4 | 4 | 4 | 3 | 3 | 1 | 1 | 2 | 2 | 2 |
| Surprise % | - | - | - | - | - | - | - | - | 1.03% | - | - | 1.01% | 1.04% | 1.03% | - | 1.04% | 1.05% | 1.05% | 1.11% |
TaskUs's average Quarter revenue forecast for Mar 24 based on 4 analysts is $223.90M, with a low forecast of $223.43M, and a high forecast of $224.80M. TASK's average Quarter revenue forecast represents a -4.42% decrease compared to the company's last Quarter revenue of $234.26M (Dec 23).
TaskUs EBITDA Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 4 | 4 | 4 | 4 | 3 | 6 | 3 | 4 | 5 | 4 | 4 | 4 | 3 | 3 | 1 | 1 | 2 | 2 | 2 |
| EBITDA | - | - | - | - | - | - | - | - | $48.03M | $22.94M | $22.17M | $35.43M | $46.93M | $27.63M | - | $33.10M | $33.73M | $25.43M | $-99.93M |
| Avg Forecast | $39.38M | $37.99M | $37.00M | $35.96M | $37.06M | $35.41M | $33.42M | $34.32M | $32.67M | $31.88M | $32.73M | $31.20M | $33.50M | $15.16M | $35.06M | $28.36M | $33.73M | $11.99M | $-109.92M |
| High Forecast | $39.54M | $38.14M | $37.14M | $36.10M | $37.21M | $35.50M | $33.56M | $41.18M | $32.68M | $32.01M | $32.86M | $37.44M | $33.64M | $18.19M | $35.06M | $34.03M | $40.48M | $14.38M | $-87.94M |
| Low Forecast | $39.29M | $37.91M | $36.92M | $35.88M | $36.98M | $35.34M | $33.35M | $27.45M | $32.66M | $31.81M | $32.66M | $24.96M | $33.43M | $12.13M | $35.06M | $22.69M | $26.99M | $9.59M | $-131.90M |
| Surprise % | - | - | - | - | - | - | - | - | 1.47% | 0.72% | 0.68% | 1.14% | 1.40% | 1.82% | - | 1.17% | 1.00% | 2.12% | 0.91% |
4 analysts predict TASK's average Quarter EBITDA for Mar 24 to be $34.32M, with a high of $41.18M and a low of $27.45M. This is -28.56% lower than TaskUs's previous annual EBITDA (Dec 23) of $48.03M.
TaskUs Net Income Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 4 | 4 | 4 | 4 | 3 | 6 | 3 | 4 | 5 | 4 | 4 | 4 | 3 | 3 | 1 | 1 | 2 | 2 | 2 |
| Net Income | - | - | - | - | - | - | - | - | $16.28M | $9.77M | $10.13M | $9.51M | $15.74M | $5.37M | - | $11.59M | $19.10M | $11.64M | $-105.94M |
| Avg Forecast | $35.28M | $32.83M | $30.58M | $29.89M | $32.01M | $29.18M | $28.23M | $12.62M | $28.21M | $26.34M | $27.15M | $11.47M | $29.81M | $6.94M | $30.74M | $10.43M | $19.10M | $5.49M | $-116.54M |
| High Forecast | $35.46M | $33.01M | $30.74M | $30.05M | $32.17M | $29.33M | $28.38M | $15.14M | $29.12M | $26.48M | $27.29M | $13.76M | $29.97M | $8.33M | $30.74M | $12.51M | $22.92M | $6.58M | $-93.23M |
| Low Forecast | $35.18M | $32.74M | $30.50M | $29.81M | $31.92M | $28.27M | $28.16M | $10.09M | $27.30M | $26.27M | $27.07M | $9.18M | $29.73M | $5.55M | $30.74M | $8.34M | $15.28M | $4.39M | $-139.84M |
| Surprise % | - | - | - | - | - | - | - | - | 0.58% | 0.37% | 0.37% | 0.83% | 0.53% | 0.77% | - | 1.11% | 1.00% | 2.12% | 0.91% |
TaskUs's average Quarter net income forecast for Mar 24 is $12.62M, with a range of $10.09M to $15.14M. TASK's average Quarter net income forecast represents a -22.48% decrease compared to the company's last Quarter net income of $16.28M (Dec 23).
TaskUs SG&A Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 4 | 4 | 4 | 4 | 3 | 6 | 3 | 4 | 5 | 4 | 4 | 4 | 3 | 3 | 1 | 1 | 2 | 2 | 2 |
| SG&A | - | - | - | - | - | - | - | - | $48.94M | $57.11M | $58.17M | $64.29M | $64.49M | $62.35M | - | $64.25M | $65.66M | $60.34M | $177.81M |
| Avg Forecast | $78.55M | $75.78M | $73.80M | $71.72M | $73.92M | $70.62M | $66.67M | $69.96M | $65.17M | $63.59M | $65.29M | $63.60M | $66.83M | $35.99M | $69.94M | $57.82M | $65.66M | $28.45M | $46.62M |
| High Forecast | $78.86M | $76.08M | $74.09M | $72.01M | $74.22M | $70.82M | $66.94M | $83.96M | $65.18M | $63.85M | $65.55M | $76.33M | $67.10M | $43.18M | $69.94M | $69.39M | $78.79M | $34.14M | $46.93M |
| Low Forecast | $78.38M | $75.62M | $73.64M | $71.57M | $73.77M | $70.50M | $66.53M | $55.97M | $65.15M | $63.46M | $65.15M | $50.88M | $66.69M | $28.79M | $69.94M | $46.26M | $52.53M | $22.76M | $46.31M |
| Surprise % | - | - | - | - | - | - | - | - | 0.75% | 0.90% | 0.89% | 1.01% | 0.96% | 1.73% | - | 1.11% | 1.00% | 2.12% | 3.81% |
TaskUs's average Quarter SG&A projection for Mar 24 is $69.96M, based on 4 Wall Street analysts, with a range of $55.97M to $83.96M. The forecast indicates a 42.96% rise compared to TASK last annual SG&A of $48.94M (Dec 23).
TaskUs EPS Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 4 | 4 | 4 | 4 | 3 | 6 | 3 | 4 | 5 | 4 | 4 | 4 | 3 | 3 | 1 | 1 | 2 | 2 | 2 |
| EPS | - | - | - | - | - | - | - | - | $0.18 | $0.11 | $0.10 | $0.10 | $0.16 | $0.05 | - | $0.12 | $0.20 | $0.12 | $-1.14 |
| Avg Forecast | $0.39 | $0.36 | $0.33 | $0.33 | $0.35 | $0.32 | $0.31 | $0.29 | $0.31 | $0.29 | $0.30 | $0.27 | $0.33 | $0.29 | $0.33 | $0.31 | $0.34 | $0.30 | $0.35 |
| High Forecast | $0.39 | $0.36 | $0.34 | $0.33 | $0.35 | $0.32 | $0.31 | $0.30 | $0.32 | $0.29 | $0.30 | $0.27 | $0.33 | $0.29 | $0.33 | $0.31 | $0.34 | $0.31 | $0.35 |
| Low Forecast | $0.38 | $0.36 | $0.33 | $0.33 | $0.35 | $0.31 | $0.31 | $0.29 | $0.30 | $0.29 | $0.30 | $0.27 | $0.32 | $0.29 | $0.33 | $0.30 | $0.33 | $0.30 | $0.35 |
| Surprise % | - | - | - | - | - | - | - | - | 0.58% | 0.38% | 0.34% | 0.37% | 0.49% | 0.17% | - | 0.39% | 0.60% | 0.39% | -3.25% |
According to 4 Wall Street analysts, TaskUs's projected average Quarter EPS for Mar 24 is $0.29, with a low estimate of $0.29 and a high estimate of $0.30. This represents a 63.43% increase compared to TASK previous annual EPS of $0.18 (Dec 23).
TaskUs Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| TTEC | TTEC | $4.30 | $35.67 | 729.53% | Buy |
| ALYA | Alithya Group | $1.13 | $3.50 | 209.73% | Hold |
| CLVT | Clarivate | $6.57 | $14.33 | 118.11% | Buy |
| TASK | TaskUs | $12.84 | $28.00 | 118.07% | Hold |
| EPAM | EPAM Systems | $201.88 | $329.18 | 63.06% | Buy |
| WNS | WNS | $57.50 | $87.17 | 51.60% | Buy |
| PRFT | Perficient | $75.50 | $81.00 | 7.28% | Hold |
| ASGN | ASGN | $92.72 | $99.00 | 6.77% | Hold |
| G | Genpact | $39.29 | $41.67 | 6.06% | Hold |
| NYAX | Nayax | $25.87 | $24.67 | -4.64% | Hold |
| CACI | CACI | $476.24 | $447.50 | -6.03% | Buy |
| IT | Gartner | $510.56 | $434.89 | -14.82% | Hold |
| EXLS | ExlService | $36.38 | $28.30 | -22.21% | Buy |
TASK Forecast FAQ
Is TaskUs a good buy?
No, according to 6 Wall Street analysts, TaskUs (TASK) is considered a 'Hold'. The rating consensus is based on 0 'Strong Buy' and 1 'Buy' recommendations, accounting for 16.67% of TASK's total ratings.
What is TASK's price target?
TaskUs (TASK) average price target is $28 with a range of $16 to $60, implying a 118.07% from its last price of $12.84. The data is based on 6 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will TaskUs stock go up soon?
According to Wall Street analysts' prediction for TASK stock, the company can go up by 118.07% (from the last price of $12.84 to the average price target of $28), up by 367.29% based on the highest stock price target, and up by 24.61% based on the lowest stock price target.
Can TaskUs stock reach $20?
TASK's average twelve months analyst stock price target of $28 supports the claim that TaskUs can reach $20 in the near future.
What are TaskUs's analysts' financial forecasts?
TaskUs's analysts financial forecasts for the fiscal year (Dec 2024) are as follows: average revenue is $957.45M (high $961.02M, low $955.53M), average EBITDA is $140.2M (high $147.45M, low $133.13M), average net income is $102.04M (high $105.03M, low $98.44M), average SG&A $281.18M (high $295.93M, low $266.76M), and average EPS is $1.27 (high $1.28, low $1.26). TASK's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $1.04B (high $1.05B, low $1.04B), average EBITDA is $150.32M (high $150.92M, low $150M), average net income is $128.59M (high $129.26M, low $128.24M), average SG&A $299.84M (high $301.05M, low $299.22M), and average EPS is $1.4 (high $1.41, low $1.4).
Did the TASK's actual financial results beat the analysts' financial forecasts?
Based on TaskUs's last annual report (Dec 2023), the company's revenue was $924.36M, beating the average analysts forecast of $906.23M by 2.00%. Apple's EBITDA was $157.1M, beating the average prediction of $128.48M by 22.28%. The company's net income was $45.69M, missing the average estimation of $93.17M by -50.96%. Apple's SG&A was $228.52M, missing the average forecast of $257.65M by -11.31%. Lastly, the company's EPS was $0.48, missing the average prediction of $1.16 by -58.72%. In terms of the last quarterly report (Dec 2023), TaskUs's revenue was $234.26M, beating the average analysts' forecast of $226.34M by 3.50%. The company's EBITDA was $48.03M, beating the average prediction of $32.67M by 47.02%. TaskUs's net income was $16.28M, missing the average estimation of $28.21M by -42.31%. The company's SG&A was $48.94M, missing the average forecast of $65.17M by -24.91%. Lastly, the company's EPS was $0.18, missing the average prediction of $0.308 by -41.54%