NASDAQ:TASK TaskUs (TASK) Stock Forecast, Price & News $9.74 +0.24 (+2.53%) (As of 09/22/2023 ET) Add Compare Share Share Today's Range$9.49▼$9.8150-Day Range$9.13▼$12.5952-Week Range$8.80▼$24.10Volume350,564 shsAverage Volume388,849 shsMarket Capitalization$905.72 millionP/E Ratio24.35Dividend YieldN/APrice Target$14.63 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media TaskUs MarketRank™ ForecastAnalyst RatingHold2.00 Rating ScoreUpside/Downside50.2% Upside$14.63 Price TargetShort InterestHealthy9.90% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews SentimentN/AInsider TradingN/AProj. Earnings Growth11.84%From $0.76 to $0.85 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.49 out of 5 starsComputer And Technology Sector210th out of 593 stocksData Processing & Preparation Industry20th out of 63 stocks 3.0 Analyst's Opinion Consensus RatingTaskUs has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on 2 buy ratings, 3 hold ratings, and 2 sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $14.63, TaskUs has a forecasted upside of 50.2% from its current price of $9.74.Amount of Analyst CoverageTaskUs has only been the subject of 4 research reports in the past 90 days. Previous Next 4.0 Short Interest Percentage of Shares Shorted9.90% of the float of TaskUs has been sold short.Short Interest Ratio / Days to CoverTaskUs has a short interest ratio ("days to cover") of 3.6, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in TaskUs has recently decreased by 5.65%, indicating that investor sentiment is improving significantly. Previous Next 0.0 Dividend Strength Dividend YieldTaskUs does not currently pay a dividend.Dividend GrowthTaskUs does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for TASK. Previous Next 2.7 News and Social Media Coverage News SentimentTaskUs has a news sentiment score of 0.88. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.58 average news sentiment score of Computer and Technology companies.Search InterestOnly 2 people have searched for TASK on MarketBeat in the last 30 days. This is a decrease of -60% compared to the previous 30 days.MarketBeat Follows5 people have added TaskUs to their MarketBeat watchlist in the last 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, TaskUs insiders have not sold or bought any company stock.Percentage Held by Insiders23.96% of the stock of TaskUs is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by InstitutionsOnly 22.69% of the stock of TaskUs is held by institutions. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for TaskUs are expected to grow by 11.84% in the coming year, from $0.76 to $0.85 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of TaskUs is 24.35, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 116.71.Price to Earnings Ratio vs. SectorThe P/E ratio of TaskUs is 24.35, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 242.34.Price to Book Value per Share RatioTaskUs has a P/B Ratio of 2.09. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About TaskUs (NASDAQ:TASK) StockTaskUs, Inc. provides digital outsourcing services for companies worldwide. It offers digital customer experience that consists of omni-channel customer care services primarily delivered through digital channels; and other solutions, including customer care services for new product or market launches, trust and safety solutions, and customer acquisition solutions. The company also offers content security services, such as review and disposition of user and advertiser generated content, which include removal or labeling of policy violating, and offensive or misleading content; and artificial intelligence (AI) solutions that consist of data labeling, annotation, and transcription services for training and tuning AI algorithms through the process of machine learning. It serves clients in various industry segments within the digital economy, including e-commerce, FinTech, food delivery and ride sharing, gaming, HealthTech, social media, and streaming media. The company was formerly known as TU TopCo, Inc. and changed its name to TaskUs, Inc. in December 2020. TaskUs, Inc. was founded in 2008 and is headquartered in New Braunfels, Texas.Read More TASK Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart TASK Stock News HeadlinesSeptember 15, 2023 | americanbankingnews.comRobert W. Baird Trims TaskUs (NASDAQ:TASK) Target Price to $12.00September 14, 2023 | msn.comBaird Maintains TaskUs Inc (TASK) Outperform RecommendationSeptember 23, 2023 | Legacy Research (Ad)WARNING: Mandatory U.S. Dollar Recall is Weeks AwayIf you have any U.S. dollars in your bank account… You must see this shocking video exposing the government’s new plan to recall the U.S. dollar. According to Business Insider, this recall “could be imminent.” And if you don’t prepare now, you could end up holding a bunch of worthless U.S. dollars.September 14, 2023 | americanbankingnews.comTaskUs, Inc. (NASDAQ:TASK) Receives Consensus Recommendation of "Hold" from BrokeragesSeptember 13, 2023 | markets.businessinsider.comBaird Maintains Outperform Rating for TaskUs: Here's What You Need To KnowSeptember 13, 2023 | finance.yahoo.comTaskUs Launches Two New Sites In India, Continuing Company’s Growth In RegionSeptember 6, 2023 | finance.yahoo.comTaskUs to Participate in Citi’s 2023 Global Technology ConferenceAugust 23, 2023 | finance.yahoo.comDo Options Traders Know Something About TaskUs (TASK) Stock We Don't?September 23, 2023 | Legacy Research (Ad)WARNING: Mandatory U.S. Dollar Recall is Weeks AwayIf you have any U.S. dollars in your bank account… You must see this shocking video exposing the government’s new plan to recall the U.S. dollar. According to Business Insider, this recall “could be imminent.” And if you don’t prepare now, you could end up holding a bunch of worthless U.S. dollars.August 23, 2023 | finance.yahoo.comTaskUs Scores Designation As A "Major Contender" on Everest Group's Banking Operations - Services PEAK Matrix® Assessment 2023August 15, 2023 | bizjournals.comTaskUs reports 7% year-over-year revenue decline in Q2 2023August 11, 2023 | finanznachrichten.deTaskUs Holdings, Inc.: TaskUs Announces Fiscal Second Quarter 2023 ResultsAugust 11, 2023 | benzinga.comTrade Desk, Plug Power, TaskUs And Other Big Stocks Moving Lower In Thursday's Pre-Market SessionAugust 11, 2023 | sfgate.comTaskUs: Q2 Earnings SnapshotAugust 11, 2023 | msn.comRBC Capital Downgrades TaskUs Inc (TASK)August 11, 2023 | msn.comTaskUs falls after RBC Capital downgrades on negative macro backdropAugust 11, 2023 | markets.businessinsider.comTaskUs Faces Future Uncertainties Amidst Strong Q2 Performance: Analyst Cautions On FY23 ForecastAugust 11, 2023 | finance.yahoo.comWhy TaskUs Stock Dropped TodayAugust 10, 2023 | markets.businessinsider.comBank of America Securities Keeps Their Sell Rating on TaskUs (TASK)August 10, 2023 | finance.yahoo.com4 big analyst cuts: Airbnb slashed after massive year-to-date rallyAugust 10, 2023 | finance.yahoo.comQ2 2023 Taskus Inc Earnings CallAugust 9, 2023 | msn.comTaskUs boosts second-quarter profit, but market challenges remainAugust 9, 2023 | finance.yahoo.comTaskUs Announces Fiscal Second Quarter 2023 ResultsAugust 9, 2023 | seekingalpha.comTaskUs, Inc. 2023 Q2 - Results - Earnings Call PresentationJuly 26, 2023 | finance.yahoo.comTaskUs Inc. to Announce Second Quarter 2023 Financial Results on August 9, 2023July 25, 2023 | finance.yahoo.comTaskUs Launches New State-of-the Art Site In Medellin to Accommodate Rapid Growth In Latin AmericaJuly 24, 2023 | finance.yahoo.comCan Mixed Fundamentals Have A Negative Impact on TaskUs, Inc. (NASDAQ:TASK) Current Share Price Momentum?See More Headlines Receive TASK Stock News and Ratings via Email Sign-up to receive the latest news and ratings for TaskUs and its competitors with MarketBeat's FREE daily newsletter. Email Address TASK Company Calendar Last Earnings8/09/2023Today9/23/2023Next Earnings (Estimated)11/06/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Data processing & preparation Sub-IndustryN/A SectorComputer and Technology Current SymbolNASDAQ:TASK CUSIPN/A CIK1829864 Webwww.taskus.com Phone888-400-8275FaxN/AEmployees49,500Year FoundedN/APrice Target and Rating Average Stock Price Forecast$14.63 High Stock Price Forecast$23.00 Low Stock Price Forecast$11.00 Forecasted Upside/Downside+50.2%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage7 Analysts Profitability EPS (Most Recent Fiscal Year)$0.40 Trailing P/E Ratio24.35 Forward P/E Ratio12.82 P/E GrowthN/ANet Income$40.42 million Net Margins4.34% Pretax Margin7.44% Return on Equity13.38% Return on Assets6.72% Debt Debt-to-Equity Ratio0.57 Current Ratio2.83 Quick Ratio2.83 Sales & Book Value Annual Sales$960.49 million Price / Sales0.94 Cash Flow$1.39 per share Price / Cash Flow7.00 Book Value$4.67 per share Price / Book2.09Miscellaneous Outstanding Shares92,990,000Free Float70,707,000Market Cap$905.72 million OptionableNot Optionable Beta2.44 Metaverse Stocks And Why You Can't Ignore ThemThinking about investing in Meta, Roblox, or Unity? Click the link to learn what streetwise investors need to know about the metaverse and public markets before making an investment.Get This Free Report Key ExecutivesMr. Bryce Maddock (Age 36)Co-Founder, CEO & Chairman Comp: $31.22kMr. Stephan Daoust (Age 48)Chief Operating Officer Comp: $384.59kMs. Claudia Franco Walsh (Age 47)Gen. Counsel & Corp. Sec. Comp: $373.77kMr. Jaspar Weir (Age 37)Co-Founder, Pres & Director Mr. Balaji Sekar (Age 47)Chief Financial Officer Mr. Steven AmayaSr. VP & Principal Accounting OfficeMr. Chandrasekar VenkataramaniChief Information OfficerMr. Alan KatzVP of Investor RelationsMr. Charley LemasterSr. VP of SalesMr. Jarrod Johnson (Age 45)Chief Customer Officer More ExecutivesKey CompetitorstrivagoNASDAQ:TRVGShutterstockNYSE:SSTKOomaNYSE:OOMASohu.comNASDAQ:SOHULiveVoxNASDAQ:LVOXView All CompetitorsInsiders & InstitutionsCalifornia State Teachers Retirement SystemBought 2,458 shares on 8/21/2023Ownership: 0.026%Royal Bank of CanadaBought 8,614 shares on 8/15/2023Ownership: 0.030%Capital Impact Advisors LLCBought 4,292 shares on 8/15/2023Ownership: 0.023%Quarry LPBought 6,917 shares on 8/15/2023Ownership: 0.008%Walleye Trading LLCSold 2,200 shares on 8/15/2023Ownership: 0.000%View All Insider TransactionsView All Institutional Transactions TASK Stock - Frequently Asked Questions Should I buy or sell TaskUs stock right now? 7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for TaskUs in the last twelve months. There are currently 2 sell ratings, 3 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" TASK shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in TASK, but not buy additional shares or sell existing shares. View TASK analyst ratings or view top-rated stocks. What is TaskUs' stock price forecast for 2023? 7 Wall Street analysts have issued twelve-month price objectives for TaskUs' shares. Their TASK share price forecasts range from $11.00 to $23.00. On average, they predict the company's stock price to reach $14.63 in the next twelve months. This suggests a possible upside of 50.2% from the stock's current price. View analysts price targets for TASK or view top-rated stocks among Wall Street analysts. How have TASK shares performed in 2023? TaskUs' stock was trading at $16.90 at the beginning of 2023. Since then, TASK stock has decreased by 42.4% and is now trading at $9.74. View the best growth stocks for 2023 here. When is TaskUs' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Monday, November 6th 2023. View our TASK earnings forecast. How were TaskUs' earnings last quarter? TaskUs, Inc. (NASDAQ:TASK) issued its quarterly earnings data on Wednesday, August, 9th. The company reported $0.17 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.19 by $0.02. The firm had revenue of $229.17 million for the quarter, compared to analysts' expectations of $227.26 million. TaskUs had a net margin of 4.34% and a trailing twelve-month return on equity of 13.38%. What ETF holds TaskUs' stock ? SoFi Web 3 ETF holds 298 shares of TASK stock, representing 0.23% of its portfolio. What guidance has TaskUs issued on next quarter's earnings? TaskUs updated its third quarter 2023 earnings guidance on Thursday, August, 10th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $220.00 million-$222.00 million, compared to the consensus revenue estimate of $228.73 million. When did TaskUs IPO? (TASK) raised $304 million in an initial public offering on Friday, June 11th 2021. The company issued 13,200,000 shares at $22.00-$24.00 per share. Goldman Sachs, J.P. Morgan, BofA Securities, Morgan Stanley, Baird, RBC Capital Markets, Wells Fargo Securities and William Blair acted as the underwriters for the IPO and Blackstone, TD Securities, BTIG, Fifth Third Securities, AmeriVet Securities, Blaylock Van, LLC, C.L. King & Associates and Penserra Securities LLC were co-managers. What is TaskUs' stock symbol? TaskUs trades on the NASDAQ under the ticker symbol "TASK." Who are TaskUs' major shareholders? TaskUs' stock is owned by a number of retail and institutional investors. Top institutional investors include Wasatch Advisors LP (2.87%), Think Investments LP (2.15%), Portolan Capital Management LLC (0.65%), BlackRock Inc. (0.56%), Renaissance Technologies LLC (0.44%) and Invenomic Capital Management LP (0.33%). Insiders that own company stock include Bryce Maddock, Fc Aggregator LP Bcp, Jaspar Weir, Kelly L Tuminelli and Stephan Daoust. View institutional ownership trends. How do I buy shares of TaskUs? Shares of TASK stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is TaskUs' stock price today? One share of TASK stock can currently be purchased for approximately $9.74. How much money does TaskUs make? TaskUs (NASDAQ:TASK) has a market capitalization of $905.72 million and generates $960.49 million in revenue each year. The company earns $40.42 million in net income (profit) each year or $0.40 on an earnings per share basis. How many employees does TaskUs have? The company employs 49,500 workers across the globe. How can I contact TaskUs? The official website for the company is www.taskus.com. The company can be reached via phone at 888-400-8275 or via email at ir@taskus.com. This page (NASDAQ:TASK) was last updated on 9/23/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding TaskUs, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. 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