TaskUs (TASK) Projected to Post Quarterly Earnings on Thursday

Key Points

• TaskUs is set to report its Q2 2025 earnings on August 14th, with analysts predicting earnings of $0.34 per share and revenue of $272.87 million.
• The company's stock has recently experienced a slight decline of 0.2%, opening at $17.02, with a market cap of $1.51 billion.
• Recent analyst ratings have been mixed, with several firms downgrading TaskUs from "outperform" or "strong-buy" to "hold" or "neutral," reflecting a target price adjustment to $16.50.

TaskUs (NASDAQ:TASK - Get Free Report) is projected to release its Q2 2025 earnings data before the market opens on Thursday, August 14th. Analysts expect TaskUs to post earnings of $0.34 per share and revenue of $272.87 million for the quarter.

TaskUs Stock Down 0.2%

TASK stock opened at $17.02 on Thursday. The business's 50-day moving average price is $16.87 and its 200-day moving average price is $15.39. The stock has a market cap of $1.51 billion, a P/E ratio of 27.90 and a beta of 2.16. TaskUs has a twelve month low of $10.57 and a twelve month high of $19.60. The company has a quick ratio of 2.87, a current ratio of 2.87 and a debt-to-equity ratio of 0.45.

Institutional Trading of TaskUs

A hedge fund recently raised its stake in TaskUs stock. Goldman Sachs Group Inc. increased its holdings in TaskUs, Inc. (NASDAQ:TASK - Free Report) by 11.9% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 183,889 shares of the company's stock after acquiring an additional 19,495 shares during the quarter. Goldman Sachs Group Inc. owned approximately 0.21% of TaskUs worth $2,506,000 as of its most recent SEC filing. 44.64% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several analysts recently issued reports on TASK shares. Robert W. Baird downgraded TaskUs from an "outperform" rating to a "neutral" rating and set a $16.50 target price on the stock. in a research note on Monday, May 12th. Baird R W downgraded shares of TaskUs from a "strong-buy" rating to a "hold" rating in a report on Monday, May 12th. Royal Bank Of Canada cut their target price on shares of TaskUs from $20.00 to $16.50 and set a "sector perform" rating for the company in a research note on Monday, May 12th. Finally, William Blair cut shares of TaskUs from a "strong-buy" rating to a "hold" rating in a research note on Friday, May 9th. Five investment analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. Based on data from MarketBeat.com, TaskUs has a consensus rating of "Hold" and an average price target of $17.67.

About TaskUs

TaskUs, Inc provides digital outsourcing services for companies in Philippines, the United States, India, and internationally. It offers digital customer experience that consists of omni-channel customer care services primarily delivered through non-voice digital channels; and other solutions, including experience and customer care services for new product or market launches, and customer acquisition solutions.

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