TaskUs - TASK Stock Forecast, Price & News

8 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for TaskUs in the last year. There are currently 3 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" TASK shares.
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8 Wall Street analysts have issued 1 year target prices for TaskUs' shares. Their TASK share price forecasts range from $18.00 to $71.00. On average, they predict the company's stock price to reach $30.00 in the next twelve months. This suggests a possible upside of 55.9% from the stock's current price.
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TaskUs' stock was trading at $53.96 at the beginning of 2022. Since then, TASK stock has decreased by 64.3% and is now trading at $19.24.
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The company is scheduled to release its next quarterly earnings announcement on Monday, February 27th 2023.
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TaskUs, Inc. (NASDAQ:TASK) released its quarterly earnings data on Wednesday, November, 10th. The company reported $0.30 earnings per share for the quarter, beating the consensus estimate of $0.07 by $0.23. The company earned $201.05 million during the quarter, compared to analysts' expectations of $184.81 million. TaskUs had a net margin of 4.63% and a trailing twelve-month return on equity of 10.58%.

TaskUs updated its FY 2022 earnings guidance on Monday, November, 21st. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $949.00 million-$951.00 million, compared to the consensus revenue estimate of $939.28 million.

(TASK) raised $304 million in an initial public offering on Friday, June 11th 2021. The company issued 13,200,000 shares at a price of $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 served 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.

TaskUs trades on the NASDAQ under the ticker symbol "TASK."

TaskUs' stock is owned by many different retail and institutional investors. Top institutional investors include Massachusetts Financial Services Co. MA (3.96%), Vanguard Group Inc. (2.82%), Sylebra Capital Ltd (1.56%), Kornitzer Capital Management Inc. KS (1.34%), Think Investments LP (1.13%) and Nuveen Asset Management LLC (0.72%). Insiders that own company stock include Bryce Maddock, Fc Aggregator LP Bcp, Jaspar Weir and Kelly L Tuminelli.
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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.
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One share of TASK stock can currently be purchased for approximately $19.24.

TaskUs (NASDAQ:TASK) has a market capitalization of $1.88 billion and generates $760.70 million in revenue each year. The company earns $-58,700,000.00 in net income (profit) each year or $0.40 on an earnings per share basis.

The company employs 40,100 workers across the globe.

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.