TaskUs, Inc. (TASK)
NASDAQ: TASK · IEX Real-Time Price · USD
11.44
+0.60 (5.54%)
At close: Apr 19, 2024, 4:00 PM
11.77
+0.33 (2.88%)
After-hours: Apr 19, 2024, 7:58 PM EDT
TaskUs Stock Forecast
Stock Price Forecast
The 9 analysts with 12-month price forecasts for TaskUs stock have an average target of 14.33, with a low estimate of 12 and a high estimate of 23. The average target predicts an increase of 25.26% from the current stock price of 11.44.
Analyst Consensus: Hold
* Price targets were last updated on Mar 19, 2024.
Analyst Ratings
The average analyst rating for TaskUs stock from 9 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 3 | 3 | 3 | 3 | 4 | 4 |
| Sell | 2 | 2 | 2 | 2 | 2 | 2 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 8 | 8 | 8 | 8 | 9 | 9 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Guggenheim | Guggenheim | Hold Initiates $13 | Hold | Initiates | $13 | +13.64% | Mar 19, 2024 |
| RBC Capital | RBC Capital | Hold Maintains $16 → $17 | Hold | Maintains | $16 → $17 | +48.60% | Feb 29, 2024 |
| B of A Securities | B of A Securities | Sell Maintains $11 → $12 | Sell | Maintains | $11 → $12 | +4.90% | Feb 29, 2024 |
| Citigroup | Citigroup | Strong Buy Maintains $13 → $15 | Strong Buy | Maintains | $13 → $15 | +31.12% | Jan 17, 2024 |
| JP Morgan | JP Morgan | Hold Maintains $12 → $13 | Hold | Maintains | $12 → $13 | +13.64% | Nov 7, 2023 |
Financial Forecast
Revenue This Year
946.42M
from 924.37M
Increased by 2.39%
Revenue Next Year
1.02B
from 946.42M
Increased by 7.35%
EPS This Year
1.30
from 0.48
Increased by 170.28%
EPS Next Year
1.44
from 1.30
Increased by 11.26%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 987.0M | 1.1B | 1.2B |
| Avg | 946.4M | 1.0B | 1.1B |
| Low | 901.5M | 946.6M | 1.1B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 6.8% | 15.2% | 18.0% |
| Avg | 2.4% | 7.4% | 12.7% |
| Low | -2.5% | 0.0% | 3.5% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.43 | 1.64 | 1.85 |
| Avg | 1.30 | 1.44 | 1.68 |
| Low | 1.17 | 1.24 | 1.41 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 197.5% | 26.3% | 28.4% |
| Avg | 170.3% | 11.3% | 16.3% |
| Low | 143.0% | -4.1% | -2.2% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.