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 95.80% upside from TASK’s last price of $14.30) 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 95.80% upside from TASK's last price of $14.30.
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% | 25.87% |
| Jul 22, 2024 | Jason Kupferberg | Bank of America Securities | $18.00 | $16.90 | 6.51% | 25.87% |
| Jul 11, 2024 | David Koning | Robert W. Baird | $16.00 | $14.54 | 10.04% | 11.89% |
| Aug 10, 2023 | Sector Perform | RBC Capital | $16.00 | $10.30 | 55.34% | 11.89% |
| Aug 15, 2022 | James Faucette | Morgan Stanley | $19.00 | $16.18 | 17.43% | 32.87% |
| May 10, 2022 | Jeff Cantwell | Wells Fargo | $37.00 | $19.88 | 86.09% | 158.74% |
| Apr 20, 2022 | Matthew VanVliet | BTIG | $60.00 | $36.28 | 65.38% | 319.58% |
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 25.87% increase from TASK last price ($14.30).
TaskUs Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | 3 |
| Avg Price Target | - | - | $17.33 |
| Last Closing Price | $14.30 | $14.30 | $14.30 |
| Upside/Downside | -100.00% | -100.00% | 21.19% |
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 $14.30. This month's average price target is down NaN% 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 26 | Sep 26 | Jun 26 | Mar 26 | 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 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | $234.26M | - | - | $235.31M | $242.22M | $232.13M | $246.46M | $239.68M | $226.76M | $201.05M | $180.02M |
| Avg Forecast | $318.20M | $303.10M | $294.20M | $285.70M | $282.09M | $271.46M | $262.69M | $257.95M | $268.72M | $245.49M | $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 | $322.47M | $307.17M | $298.15M | $289.54M | $285.88M | $275.11M | $266.22M | $260.61M | $269.27M | $245.59M | $231.54M | $223.90M | $226.38M | $220.85M | $229.79M | $235.40M | $235.22M | $225.48M | $242.92M | $231.06M | $216.01M | $192.17M | $161.92M |
| Low Forecast | $314.33M | $299.41M | $290.62M | $282.22M | $278.65M | $268.16M | $259.49M | $254.02M | $268.17M | $245.39M | $231.54M | $223.90M | $226.26M | $220.85M | $223.99M | $229.45M | $229.28M | $225.48M | $242.92M | $231.06M | $216.01M | $192.17M | $161.92M |
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 4 | 5 | 4 | 4 | 4 | 5 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 4 | 4 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.03% | - | - | 1.01% | 1.04% | 1.03% | 1.01% | 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 $223.90M, and a high forecast of $223.90M. 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 26 | Sep 26 | Jun 26 | Mar 26 | 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 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 4 | 5 | 4 | 4 | 4 | 5 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 4 | 4 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | $48.03M | $22.94M | $22.17M | $35.43M | $46.93M | $27.63M | $26.63M | $33.10M | $33.73M | $25.43M | $-99.93M |
| Avg Forecast | $46.31M | $44.11M | $42.81M | $41.58M | $41.05M | $39.51M | $38.23M | $37.54M | $39.11M | $35.73M | $33.70M | $34.32M | $32.94M | $32.14M | $33.00M | $31.20M | $37.11M | $32.55M | $35.06M | $28.36M | $31.18M | $27.74M | $-109.92M |
| High Forecast | $46.93M | $44.70M | $43.39M | $42.14M | $41.60M | $40.04M | $38.74M | $37.93M | $39.19M | $35.74M | $33.70M | $41.18M | $32.95M | $32.14M | $33.44M | $37.44M | $44.53M | $32.55M | $35.06M | $34.03M | $31.18M | $27.74M | $-87.94M |
| Low Forecast | $45.74M | $43.57M | $42.29M | $41.07M | $40.55M | $39.02M | $37.76M | $36.97M | $39.03M | $35.71M | $33.70M | $27.45M | $32.93M | $32.14M | $32.60M | $24.96M | $29.69M | $32.55M | $35.06M | $22.69M | $31.18M | $27.74M | $-131.90M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.46% | 0.71% | 0.67% | 1.14% | 1.26% | 0.85% | 0.76% | 1.17% | 1.08% | 0.92% | 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 26 | Sep 26 | Jun 26 | Mar 26 | 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 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 4 | 5 | 4 | 4 | 4 | 5 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 4 | 4 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | $16.28M | $9.77M | $10.13M | $9.51M | $15.74M | $5.37M | $7.73M | $11.59M | $19.10M | $11.64M | $-105.94M |
| Avg Forecast | $43.51M | $37.03M | $36.11M | $37.96M | $35.37M | $32.54M | $30.95M | $30.55M | $31.90M | $29.45M | $28.52M | $12.62M | $28.51M | $26.62M | $27.43M | $11.47M | $21.01M | $26.67M | $30.67M | $10.43M | $30.73M | $27.86M | $-116.54M |
| High Forecast | $44.27M | $37.68M | $36.74M | $38.62M | $35.98M | $33.10M | $31.49M | $31.51M | $33.73M | $29.45M | $28.53M | $15.14M | $29.43M | $26.64M | $27.91M | $13.76M | $25.21M | $26.67M | $30.67M | $12.51M | $30.73M | $27.86M | $-93.23M |
| Low Forecast | $42.82M | $36.45M | $35.53M | $37.36M | $34.81M | $32.02M | $30.46M | $29.60M | $29.17M | $29.45M | $28.52M | $10.09M | $27.59M | $26.59M | $26.99M | $9.18M | $16.81M | $26.67M | $30.67M | $8.34M | $30.73M | $27.86M | $-139.84M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.57% | 0.37% | 0.37% | 0.83% | 0.75% | 0.20% | 0.25% | 1.11% | 0.62% | 0.42% | 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 26 | Sep 26 | Jun 26 | Mar 26 | 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 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 4 | 5 | 4 | 4 | 4 | 5 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 4 | 4 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | $48.94M | $57.11M | $58.17M | $64.29M | $64.49M | $62.35M | $68.92M | $64.25M | $65.66M | $60.34M | $177.81M |
| Avg Forecast | $92.16M | $87.79M | $85.21M | $82.75M | $81.70M | $78.62M | $76.08M | $74.71M | $77.83M | $71.10M | $67.06M | $69.96M | $65.56M | $63.97M | $65.67M | $63.60M | $72.23M | $64.92M | $69.94M | $57.82M | $62.19M | $55.33M | $46.62M |
| High Forecast | $93.40M | $88.97M | $86.35M | $83.86M | $82.80M | $79.68M | $77.11M | $75.48M | $77.99M | $71.13M | $67.06M | $83.96M | $65.57M | $63.97M | $66.55M | $76.33M | $86.67M | $64.92M | $69.94M | $69.39M | $62.19M | $55.33M | $46.62M |
| Low Forecast | $91.04M | $86.72M | $84.17M | $81.74M | $80.71M | $77.67M | $75.16M | $73.57M | $77.67M | $71.07M | $67.06M | $55.97M | $65.53M | $63.97M | $64.87M | $50.88M | $57.78M | $64.92M | $69.94M | $46.26M | $62.19M | $55.33M | $46.62M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.75% | 0.89% | 0.89% | 1.01% | 0.89% | 0.96% | 0.99% | 1.11% | 1.06% | 1.09% | 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 26 | Sep 26 | Jun 26 | Mar 26 | 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 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 4 | 5 | 4 | 4 | 4 | 5 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 4 | 4 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | $0.18 | $0.11 | $0.10 | $0.10 | $0.16 | $0.05 | $0.08 | $0.12 | $0.20 | $0.12 | $-1.14 |
| Avg Forecast | $0.47 | $0.40 | $0.39 | $0.41 | $0.38 | $0.35 | $0.33 | $0.33 | $0.34 | $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 | $0.48 | $0.41 | $0.40 | $0.42 | $0.39 | $0.36 | $0.34 | $0.34 | $0.36 | $0.32 | $0.31 | $0.29 | $0.32 | $0.29 | $0.30 | $0.28 | $0.33 | $0.29 | $0.33 | $0.31 | $0.34 | $0.30 | $0.35 |
| Low Forecast | $0.46 | $0.39 | $0.38 | $0.40 | $0.38 | $0.35 | $0.33 | $0.32 | $0.32 | $0.32 | $0.31 | $0.29 | $0.30 | $0.29 | $0.29 | $0.27 | $0.32 | $0.29 | $0.33 | $0.31 | $0.34 | $0.30 | $0.35 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.58% | 0.38% | 0.34% | 0.37% | 0.49% | 0.17% | 0.24% | 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 $0.29. 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 | $4.48 | $35.67 | 696.21% | Hold |
| ALYA | Alithya Group | $1.13 | $3.50 | 209.73% | Hold |
| CLVT | Clarivate | $5.09 | $14.33 | 181.53% | Buy |
| TASK | TaskUs | $14.30 | $28.00 | 95.80% | Hold |
| WNS | WNS | $50.86 | $72.86 | 43.26% | Buy |
| EPAM | EPAM Systems | $234.50 | $331.06 | 41.18% | Buy |
| ASGN | ASGN | $85.08 | $99.00 | 16.36% | Hold |
| CACI | CACI | $454.90 | $492.78 | 8.33% | Buy |
| PRFT | Perficient | $75.96 | $81.00 | 6.64% | Hold |
| NYAX | Nayax | $27.30 | $28.00 | 2.56% | Hold |
| G | Genpact | $44.64 | $42.80 | -4.12% | Hold |
| IT | Gartner | $518.00 | $450.00 | -13.13% | Hold |
| EXLS | ExlService | $44.38 | $32.64 | -26.45% | Buy |