TaskUs (NASDAQ:TASK – Get Free Report) had its target price lowered by research analysts at Royal Bank Of Canada from $17.00 to $13.00 in a research report issued to clients and investors on Thursday,Benzinga reports. The brokerage presently has a “sector perform” rating on the stock. Royal Bank Of Canada’s price target points to a potential upside of 18.91% from the company’s previous close.
TASK has been the subject of several other reports. Wedbush initiated coverage on TaskUs in a research report on Tuesday, February 3rd. They issued an “outperform” rating and a $15.00 price target for the company. The Goldman Sachs Group upgraded TaskUs to a “strong sell” rating in a research note on Monday, November 10th. Zacks Research downgraded shares of TaskUs from a “strong-buy” rating to a “hold” rating in a report on Friday, November 7th. Finally, Wall Street Zen raised shares of TaskUs to a “strong-buy” rating in a research report on Saturday, January 17th. One research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $15.63.
Read Our Latest Analysis on TaskUs
TaskUs Stock Up 2.9%
Hedge Funds Weigh In On TaskUs
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Think Investments LP lifted its position in TaskUs by 14.8% during the 2nd quarter. Think Investments LP now owns 3,734,665 shares of the company’s stock worth $62,593,000 after acquiring an additional 481,307 shares during the period. Vanguard Group Inc. raised its stake in shares of TaskUs by 39.6% in the third quarter. Vanguard Group Inc. now owns 1,536,748 shares of the company’s stock worth $27,431,000 after purchasing an additional 435,892 shares during the last quarter. Hudson Bay Capital Management LP raised its stake in shares of TaskUs by 1.4% in the fourth quarter. Hudson Bay Capital Management LP now owns 1,011,085 shares of the company’s stock worth $11,921,000 after purchasing an additional 14,106 shares during the last quarter. Qube Research & Technologies Ltd acquired a new stake in shares of TaskUs during the second quarter worth about $16,325,000. Finally, Irenic Capital Management LP purchased a new stake in TaskUs in the fourth quarter valued at approximately $11,253,000. Hedge funds and other institutional investors own 44.64% of the company’s stock.
Key Stories Impacting TaskUs
Here are the key news stories impacting TaskUs this week:
- Positive Sentiment: Q4 results beat expectations — TaskUs reported $0.40 EPS vs. a $0.36 consensus and revenue of $312.96M vs. $303.7M expected, showing margin improvement (net margin 7.11%) and strong ROE. This beat supports near-term earnings credibility and likely drove the initial market uptick. Article Title
- Positive Sentiment: Large dividend declared — TaskUs announced a $3.65 per‑share dividend payable March 25 to holders of record March 11 (ex‑dividend March 11). At current price levels this is a material cash return that can attract income-focused buyers and supports the stock’s rally. (Investors should note such a payout is likely one‑time and will reduce corporate cash balances.)
- Positive Sentiment: Q1 revenue guidance slightly above consensus — The company guided Q1 2026 revenue to $296.0M–$298.0M versus a $294.5M consensus, which helps justify the beat/near‑term momentum.
- Neutral Sentiment: Earnings call transcript available — For investors wanting detail on drivers (client wins, churn, cost trends, margin outlook), the full Q4 2025 earnings call transcript is posted. Useful for verifying management commentary behind the beat and dividend decision. Article Title
- Neutral Sentiment: Trading halt during news release — Trading was briefly halted for “news pending” when results/dividend were released; the halt itself is procedural but signals material news.
- Negative Sentiment: FY 2026 revenue guidance below consensus — TaskUs updated FY2026 revenue guidance to roughly $1.2B versus a ~$1.3B consensus, implying slower full‑year growth than analysts expected; this is a headwind for medium‑term upside and may raise concerns about demand or pricing pressure.
About TaskUs
TaskUs, Inc is a leading provider of outsourced digital customer experience and business process solutions, specializing in high-touch services for technology and digital-native companies. The firm delivers a range of offerings including customer care, content moderation, trust and safety monitoring, back-office processing and AI operations support. By combining technology-driven platforms with human-centric workflows, TaskUs helps clients optimize operational efficiency and maintain brand integrity across digital channels.
The company was founded in 2008 by Jaspar Weir and Bryce Maddock with the goal of reimagining traditional outsourcing through a focus on culture, technology and innovation.
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