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Latest freight railroad layoffs and Wall Street pressure renew concerns about safety and service
Strange Money Secret Used by the Ultra-Wealthy (Ad)
Dell, NetApp rise; Ginkgo Bioworks, New York Community Bancorp fall, Friday, 3/1/2024
How major US stock indexes fared Friday, 3/1/2024
Laser breakthrough could send stock soaring 2,467% (Ad)
China pledges to increase opportunities for foreign companies as it seeks to boost its economy
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6.5 Million Americans Are DESPERATE for This New Drug from One Tiny Company (Ad)
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A US appeals court ruling could allow mine development on Oak Flat, land sacred to Apaches
S&P 500   5,137.08
DOW   39,087.38
QQQ   445.61
Latest freight railroad layoffs and Wall Street pressure renew concerns about safety and service
Strange Money Secret Used by the Ultra-Wealthy (Ad)
Dell, NetApp rise; Ginkgo Bioworks, New York Community Bancorp fall, Friday, 3/1/2024
How major US stock indexes fared Friday, 3/1/2024
Laser breakthrough could send stock soaring 2,467% (Ad)
China pledges to increase opportunities for foreign companies as it seeks to boost its economy
Brazil's economy grows 2.9% in Lula's 1st year, beating expectations
6.5 Million Americans Are DESPERATE for This New Drug from One Tiny Company (Ad)
Question of whether Nebraska public money can go to private schools still set for November ballot
A US appeals court ruling could allow mine development on Oak Flat, land sacred to Apaches
S&P 500   5,137.08
DOW   39,087.38
QQQ   445.61
Latest freight railroad layoffs and Wall Street pressure renew concerns about safety and service
Strange Money Secret Used by the Ultra-Wealthy (Ad)
Dell, NetApp rise; Ginkgo Bioworks, New York Community Bancorp fall, Friday, 3/1/2024
How major US stock indexes fared Friday, 3/1/2024
Laser breakthrough could send stock soaring 2,467% (Ad)
China pledges to increase opportunities for foreign companies as it seeks to boost its economy
Brazil's economy grows 2.9% in Lula's 1st year, beating expectations
6.5 Million Americans Are DESPERATE for This New Drug from One Tiny Company (Ad)
Question of whether Nebraska public money can go to private schools still set for November ballot
A US appeals court ruling could allow mine development on Oak Flat, land sacred to Apaches
S&P 500   5,137.08
DOW   39,087.38
QQQ   445.61
Latest freight railroad layoffs and Wall Street pressure renew concerns about safety and service
Strange Money Secret Used by the Ultra-Wealthy (Ad)
Dell, NetApp rise; Ginkgo Bioworks, New York Community Bancorp fall, Friday, 3/1/2024
How major US stock indexes fared Friday, 3/1/2024
Laser breakthrough could send stock soaring 2,467% (Ad)
China pledges to increase opportunities for foreign companies as it seeks to boost its economy
Brazil's economy grows 2.9% in Lula's 1st year, beating expectations
6.5 Million Americans Are DESPERATE for This New Drug from One Tiny Company (Ad)
Question of whether Nebraska public money can go to private schools still set for November ballot
A US appeals court ruling could allow mine development on Oak Flat, land sacred to Apaches
NASDAQ:TASK

TaskUs (TASK) Stock Price, News & Analysis

$13.21
-0.12 (-0.90%)
(As of 03/1/2024 ET)
Today's Range
$12.77
$13.49
50-Day Range
$11.93
$14.20
52-Week Range
$7.95
$18.46
Volume
229,249 shs
Average Volume
214,300 shs
Market Capitalization
$1.18 billion
P/E Ratio
28.11
Dividend Yield
N/A
Price Target
$14.86

TaskUs MarketRank™ Stock Analysis

Analyst Rating
Hold
2.17 Rating Score
Upside/​Downside
12.5% Upside
$14.86 Price Target
Short Interest
Bearish
6.96% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.64mentions of TaskUs in the last 14 days
Based on 23 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
7.06%
From $0.85 to $0.91 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.91 out of 5 stars

Computer And Technology Sector

433rd out of 595 stocks

Data Processing & Preparation Industry

40th out of 58 stocks


TASK stock logo

About TaskUs Stock (NASDAQ:TASK)

TaskUs, 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.

TASK Stock Price History

TASK Stock News Headlines

This is the #1 Stock to Buy for the AI Tidal Wave
Marc Chaikin warned people about NVDA before its 2023 bull run - now he’s naming his next pick or the AI tidal wave. Learn more here.
TaskUs (NASDAQ:TASK) Shares Gap Up on Analyst Upgrade
This is the #1 Stock to Buy for the AI Tidal Wave
Marc Chaikin warned people about NVDA before its 2023 bull run - now he’s naming his next pick or the AI tidal wave. Learn more here.
Why TaskUs Stock Popped Today
TaskUs: Q4 Earnings Snapshot
TaskUs Q4 2023 Earnings Preview
TaskUs (TASK) to Release Earnings on Wednesday
TASK Mar 2024 10.000 put
TaskUs Inc Class A TASK
Cracking The Code: Understanding Analyst Reviews For TaskUs
See More Headlines
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Company Calendar

Last Earnings
11/10/2021
Today
3/02/2024
Next Earnings (Estimated)
5/13/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Data processing & preparation
Sub-Industry
N/A
Current Symbol
NASDAQ:TASK
Fax
N/A
Employees
49,500
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$14.86
High Stock Price Target
$23.00
Low Stock Price Target
$12.00
Potential Upside/Downside
+12.5%
Consensus Rating
Hold
Rating Score (0-4)
2.17
Research Coverage
6 Analysts

Profitability

Net Income
$40.42 million
Pretax Margin
8.04%

Debt

Sales & Book Value

Annual Sales
$924.36 million
Cash Flow
$1.48 per share
Book Value
$4.67 per share

Miscellaneous

Free Float
67,919,000
Market Cap
$1.18 billion
Optionable
Optionable
Beta
2.42
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Key Executives















TASK Stock Analysis - Frequently Asked Questions

Should I buy or sell TaskUs stock right now?

6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for TaskUs in the last year. There are currently 1 sell rating, 3 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities research 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 target for 2024?

6 analysts have issued 1-year price objectives for TaskUs' stock. Their TASK share price targets range from $12.00 to $23.00. On average, they anticipate the company's share price to reach $14.86 in the next twelve months. This suggests a possible upside of 12.5% 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 2024?

TaskUs' stock was trading at $13.07 at the beginning of the year. Since then, TASK stock has increased by 1.1% and is now trading at $13.21.
View the best growth stocks for 2024 here
.

When is TaskUs' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, May 13th 2024.
View our TASK earnings forecast
.

How were TaskUs' earnings last quarter?

TaskUs, Inc. (NASDAQ:TASK) posted its quarterly earnings data on Wednesday, November, 10th. The company reported $0.30 earnings per share (EPS) 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 trailing twelve-month return on equity of 16.78% and a net margin of 4.94%.

What ETFs hold TaskUs' stock?

ETFs with the largest weight of TaskUs (NASDAQ:TASK) stock in their portfolio include SoFi Web 3 ETF (TWEB).

What guidance has TaskUs issued on next quarter's earnings?

TaskUs issued an update on its first quarter 2024 earnings guidance on Wednesday, February, 28th. The company provided EPS guidance of for the period. The company issued revenue guidance of $222.5 million-$224.5 million, compared to the consensus revenue estimate of $219.0 million.

When did TaskUs IPO?

(TASK) raised $304 million in an initial public offering (IPO) 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 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.

Who are TaskUs' major shareholders?

TaskUs' stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (1.98%), Dimensional Fund Advisors LP (0.36%), Massachusetts Financial Services Co. MA (0.32%), Carmignac Gestion (0.28%), SG Americas Securities LLC (0.20%) and Goldman Sachs Group Inc. (0.15%). 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:TASK) was last updated on 3/2/2024 by MarketBeat.com Staff