TaskUs (TASK) Stock Forecast, Price Target & Predictions


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TASK Stock Forecast


TaskUs stock forecast is as follows: an average price target of $28.00 (represents a 106.79% upside from TASK’s last price of $13.54) 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 106.79% upside from TASK's last price of $13.54.

TASK Analyst Ratings


Hold

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


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Aug 09, 2024Daniel PerlinRBC Capital$18.00$15.5715.61%32.94%
Jul 22, 2024Jason KupferbergBank of America Securities$18.00$16.906.51%32.94%
Jul 11, 2024David KoningRobert W. Baird$16.00$14.5410.04%18.17%
Aug 10, 2023Sector PerformRBC Capital$16.00$10.3055.34%18.17%
Aug 15, 2022James FaucetteMorgan Stanley$19.00$16.1817.43%40.32%
May 10, 2022Jeff CantwellWells Fargo$37.00$19.8886.09%173.26%
Apr 20, 2022Matthew VanVlietBTIG$60.00$36.2865.38%343.13%
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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 32.94% increase from TASK last price ($13.54).

TaskUs Price Target by Period


1M3M12M
# Anlaysts-13
Avg Price Target-$18.00$17.33
Last Closing Price$13.54$13.54$13.54
Upside/Downside-100.00%32.94%27.99%

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 $13.54. 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


DateCompanyPrevious RatingNew RatingRating Change
Aug 12, 2024CitigroupBuyBuyHold
Aug 09, 2024RBC CapitalSector PerformSector PerformHold
Jul 22, 2024Bank of America Securities-NeutralUpgrade
Jul 12, 2024CitigroupBuyBuyHold
Jun 24, 2024Goldman SachsBuySellInitialise
Aug 10, 2023RBC Capital-Sector PerformDowngrade
Aug 15, 2022Morgan StanleyOverweightEqual-WeightDowngrade
Aug 15, 2022Morgan Stanley-OverweightDowngrade
Aug 10, 2022Goldman SachsBuyBuyDowngrade
Jul 19, 2022Citigroup-BuyInitialise
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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 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21
Revenue------------$234.26M--$235.31M$242.22M$232.13M$246.46M$239.68M$226.76M$201.05M$180.02M
Avg Forecast$302.30M$287.90M$279.50M$271.40M$272.80M$263.19M$256.30M$249.10M$256.49M$245.31M$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$302.30M$287.90M$279.50M$271.40M$272.80M$263.19M$256.30M$249.10M$256.49M$246.00M$231.54M$223.90M$226.38M$220.85M$226.75M$232.28M$232.10M$225.48M$242.92M$231.06M$216.01M$192.17M$161.92M
Low Forecast$302.30M$287.90M$279.50M$271.40M$272.80M$263.19M$256.30M$249.10M$256.49M$244.87M$231.54M$223.90M$226.26M$220.85M$226.75M$232.28M$232.10M$225.48M$242.92M$231.06M$216.01M$192.17M$161.92M
# Analysts33334444363454443333444
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 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21
# Analysts33334444363454443333444
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$43.64M$41.56M$40.34M$39.17M$39.38M$37.99M$37.00M$35.96M$37.02M$35.41M$33.42M$34.32M$32.67M$31.88M$32.73M$31.20M$37.11M$32.55M$35.06M$28.36M$31.18M$27.74M$-109.92M
High Forecast$43.64M$41.56M$40.34M$39.17M$39.38M$37.99M$37.00M$35.96M$37.02M$35.51M$33.42M$41.18M$32.68M$31.88M$32.73M$37.44M$44.53M$32.55M$35.06M$34.03M$31.18M$27.74M$-87.94M
Low Forecast$43.64M$41.56M$40.34M$39.17M$39.38M$37.99M$37.00M$35.96M$37.02M$35.34M$33.42M$27.45M$32.66M$31.88M$32.73M$24.96M$29.69M$32.55M$35.06M$22.69M$31.18M$27.74M$-131.90M
Surprise %------------1.47%0.72%0.68%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 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21
# Analysts33334444363454443333444
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$41.23M$36.65M$34.82M$32.07M$35.28M$32.83M$30.58M$29.89M$32.51M$28.96M$28.23M$12.62M$28.21M$26.34M$27.15M$11.47M$21.01M$26.67M$30.67M$10.43M$30.73M$27.86M$-116.54M
High Forecast$41.23M$36.65M$34.82M$32.07M$35.28M$32.83M$30.58M$29.89M$32.51M$28.96M$28.24M$15.14M$29.12M$26.37M$27.15M$13.76M$25.21M$26.67M$30.67M$12.51M$30.73M$27.86M$-93.23M
Low Forecast$41.23M$36.65M$34.82M$32.07M$35.28M$32.83M$30.58M$29.89M$32.51M$28.06M$28.23M$10.09M$27.30M$26.32M$27.15M$9.18M$16.81M$26.67M$30.67M$8.34M$30.73M$27.86M$-139.84M
Surprise %------------0.58%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 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21
# Analysts33334444363454443333444
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$87.04M$82.89M$80.48M$78.14M$78.55M$75.78M$73.80M$71.72M$73.85M$70.63M$66.67M$69.96M$65.17M$63.59M$65.29M$63.60M$72.23M$64.92M$69.94M$57.82M$62.19M$55.33M$46.62M
High Forecast$87.04M$82.89M$80.48M$78.14M$78.55M$75.78M$73.80M$71.72M$73.85M$70.83M$66.67M$83.96M$65.18M$63.59M$65.29M$76.33M$86.67M$64.92M$69.94M$69.39M$62.19M$55.33M$46.62M
Low Forecast$87.04M$82.89M$80.48M$78.14M$78.55M$75.78M$73.80M$71.72M$73.85M$70.50M$66.67M$55.97M$65.15M$63.59M$65.29M$50.88M$57.78M$64.92M$69.94M$46.26M$62.19M$55.33M$46.62M
Surprise %------------0.75%0.90%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 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21
# Analysts33334444363454443333444
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$0.45$0.40$0.38$0.35$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$0.45$0.40$0.38$0.35$0.39$0.36$0.33$0.33$0.35$0.32$0.31$0.29$0.32$0.29$0.30$0.27$0.33$0.29$0.33$0.31$0.34$0.30$0.35
Low Forecast$0.45$0.40$0.38$0.35$0.39$0.36$0.33$0.33$0.35$0.31$0.31$0.29$0.30$0.29$0.30$0.27$0.33$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


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
TTECTTEC$4.99$35.67614.83%Hold
ALYAAlithya Group$1.13$3.50209.73%Hold
CLVTClarivate$6.45$14.33122.17%Buy
TASKTaskUs$13.54$28.00106.79%Hold
EPAMEPAM Systems$189.30$328.8873.73%Buy
WNSWNS$47.72$72.8652.68%Buy
GGenpact$38.78$42.258.95%Hold
ASGNASGN$91.43$99.008.28%Hold
PRFTPerficient$75.96$81.006.64%Hold
ITGartner$505.06$450.00-10.90%Hold
CACICACI$553.27$491.11-11.24%Buy
NYAXNayax$28.48$24.67-13.38%Hold
EXLSExlService$42.12$32.64-22.51%Buy

TASK Forecast FAQ


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.

TaskUs (TASK) average price target is $28 with a range of $16 to $60, implying a 106.79% from its last price of $13.54. The data is based on 6 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

According to Wall Street analysts' prediction for TASK stock, the company can go up by 106.79% (from the last price of $13.54 to the average price target of $28), up by 343.13% based on the highest stock price target, and up by 18.17% based on the lowest stock price target.

TASK's average twelve months analyst stock price target of $28 supports the claim that TaskUs can reach $20 in the near future.

TaskUs's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $1.04B (high $1.04B, low $1.04B), average EBITDA is $150.32M (high $150.32M, low $150.32M), average net income is $128.59M (high $128.59M, low $128.59M), average SG&A $299.84M (high $299.84M, low $299.84M), and average EPS is $1.4 (high $1.4, low $1.4). TASK's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $1.14B (high $1.14B, low $1.14B), average EBITDA is $164.71M (high $164.71M, low $164.71M), average net income is $144.78M (high $144.78M, low $144.78M), average SG&A $328.56M (high $328.56M, low $328.56M), and average EPS is $1.58 (high $1.58, low $1.58).

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%