16.36 USD
+0.27
1.68%
At close Dec 20, 4:00 PM EST
After hours
16.21
-0.15
0.92%
1 day
1.68%
5 days
-11.71%
1 month
14.41%
3 months
29.53%
6 months
23.29%
Year to date
27.61%
1 year
36.22%
5 years
-47.38%
10 years
-47.38%
 

About: TaskUs Inc is a provider of outsourced digital services and next-generation customer experience to inventive and disruptive technology companies. It serves clients in the fastest-growing sectors, including social media, e-commerce, gaming, streaming media, food delivery and ridesharing, HiTech, FinTech and HealthTech.

Employees: 48,200

0
Funds holding %
of 6,809 funds
0
Analysts bullish %
of 3 analysts

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

82% more first-time investments, than exits

New positions opened: 20 | Existing positions closed: 11

73% more repeat investments, than reductions

Existing positions increased: 38 | Existing positions reduced: 22

10% more funds holding

Funds holding: 86 [Q2] → 95 (+9) [Q3]

1.28% more ownership

Funds ownership: 84.7% [Q2] → 85.98% (+1.28%) [Q3]

2% more capital invested

Capital invested by funds: $203M [Q2] → $207M (+$3.92M) [Q3]

0% more funds holding in top 10

Funds holding in top 10: 2 [Q2] → 2 (+0) [Q3]

37% less call options, than puts

Call options by funds: $131K | Put options by funds: $209K

Research analyst outlook

3 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target
$18
10%
upside
Avg. target
$20
24%
upside
High target
$22
34%
upside

3 analyst ratings

positive
100%
neutral
0%
negative
0%
Morgan Stanley
James Faucette
77% 1-year accuracy
20 / 26 met price target
28%upside
$21
Overweight
Upgraded
13 Dec 2024
B of A Securities
Cassie Chan
60% 1-year accuracy
3 / 5 met price target
10%upside
$18
Buy
Upgraded
9 Dec 2024
Baird
David Koning
78% 1-year accuracy
25 / 32 met price target
34%upside
$22
Outperform
Maintained
11 Nov 2024

Financial journalist opinion

Positive
Benzinga
1 week ago
TaskUs An 'Underappreciated Beneficiary Of AI Investment,' Says Analyst, Has Meta Platforms As Key Client
TaskUs, Inc. TASK shares were climbing on Friday.
TaskUs An 'Underappreciated Beneficiary Of AI Investment,' Says Analyst, Has Meta Platforms As Key Client
Neutral
Business Wire
2 weeks ago
TaskUs and Red Points Announce Strategic Partnership To Enable Comprehensive Protection Against Digital Fraud and Counterfeits
NEW BRAUNFELS, Texas--(BUSINESS WIRE)--TaskUs, Inc. (Nasdaq: TASK), a leading provider of outsourced digital services and next-generation customer experience to the world's most innovative companies, and Red Points, the leading provider in AI brand protection solutions, announced their strategic partnership today. Together, they combine Financial Crime and Compliance and Trust & Safety expertise with the world's most widely used brand protection technology to safeguard organizations from di.
TaskUs and Red Points Announce Strategic Partnership To Enable Comprehensive Protection Against Digital Fraud and Counterfeits
Neutral
Seeking Alpha
1 month ago
TaskUs Ekes Out Growth But Low-End Pricing Pressures Grow
TaskUs beat Q3 2024 revenue and earnings estimates but faces pricing pressure and risks from AI automation from the low-end. The BPO market is projected to grow at a 9.4% CAGR through 2030, driven by digital tools and talent sourcing. TaskUs has seen growth in AI Services and Trust & Safety segments but struggles with gross margins and client revenue concentration risks.
TaskUs Ekes Out Growth But Low-End Pricing Pressures Grow
Neutral
Seeking Alpha
1 month ago
TaskUs, Inc. (TASK) Q3 2024 Earnings Call Transcript
TaskUs, Inc. (NASDAQ:TASK ) Q3 2024 Earnings Conference Call November 7, 2024 5:00 PM ET Company Participants Trent Thrash - Senior Vice President of Corporate Development & Investor Relations Bryce Maddock - Co-Founder & Chief Executive Officer Balaji Sekar - Chief Financial Officer Conference Call Participants Jonathan Lee - Guggenheim Puneet Jain - JPMorgan Maggie Nolan - William Blair Jim Schneider - Goldman Sachs Jacob Haggarty - Baird Operator Good afternoon, and welcome to the TaskUs' Fiscal Third Quarter 2024 Conference Call. My name is Michelle, and I will be your conference facilitator today.
TaskUs, Inc. (TASK) Q3 2024 Earnings Call Transcript
Positive
Zacks Investment Research
1 month ago
TaskUs (TASK) Beats Q3 Earnings and Revenue Estimates
TaskUs (TASK) came out with quarterly earnings of $0.37 per share, beating the Zacks Consensus Estimate of $0.32 per share. This compares to earnings of $0.32 per share a year ago.
TaskUs (TASK) Beats Q3 Earnings and Revenue Estimates
Neutral
Business Wire
1 month ago
TaskUs Announces Fiscal Third Quarter 2024 Results
NEW BRAUNFELS, Texas--(BUSINESS WIRE)--TaskUs, Inc. (Nasdaq: TASK), a leading provider of outsourced digital services and next-generation customer experience to the world's most innovative companies, today announced its results for the third quarter ended September 30, 2024. Total revenues of $255.3 million, 13.2% year-over-year growth. Exceeding the top-end of our guidance by $9.3 million. Net income of $12.7 million, net income margin of 5.0%. Adjusted Net Income of $34.3 million, Adjusted Ne.
TaskUs Announces Fiscal Third Quarter 2024 Results
Neutral
Business Wire
2 months ago
TaskUs, Inc. to Announce Third Quarter 2024 Financial Results on November 7, 2024
NEW BRAUNFELS, Texas--(BUSINESS WIRE)--TaskUs, Inc. (Nasdaq: TASK), a leading provider of outsourced digital services and next-generation customer experience to the world's most innovative companies, will report its third quarter 2024 financial results after the market closes on November 7, 2024. Simultaneous with the earnings release, supplemental data will be made available in the Investor Relations section of the website at https://ir.taskus.com under “News & Events.” Management will hos.
TaskUs, Inc. to Announce Third Quarter 2024 Financial Results on November 7, 2024
Neutral
Seeking Alpha
4 months ago
TaskUs, Inc. (TASK) Q2 2024 Earnings Call Transcript
TaskUs, Inc. (NASDAQ:TASK ) Q2 2024 Earnings Conference Call August 8, 2024 5:00 PM ET Company Participants Trent Thrash - Senior Vice President of Corporate Development & Investor Relations Bryce Maddock - Co-Founder & Chief Executive Officer Balaji Sekar - Chief Financial Officer Conference Call Participants Jonathan Lee - Guggenheim Securities Maggie Nolan - William Blair Kathy Chan - Bank of America James Faucette - Morgan Stanley Jim Schneider - Goldman Sachs Matt VanVliet - BTIG Jacob Haggarty - Baird Operator Good afternoon, and welcome to the TaskUs' Second Quarter 2024 Investor Call. My name is Josh, and I will be your conference facilitator today.
TaskUs, Inc. (TASK) Q2 2024 Earnings Call Transcript
Positive
Zacks Investment Research
4 months ago
TaskUs (TASK) Q2 Earnings Meet Estimates
TaskUs (TASK) came out with quarterly earnings of $0.31 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.32 per share a year ago.
TaskUs (TASK) Q2 Earnings Meet Estimates
Neutral
Business Wire
4 months ago
TaskUs Announces Fiscal Second Quarter 2024 Results
NEW BRAUNFELS, Texas--(BUSINESS WIRE)--TaskUs, Inc. (Nasdaq: TASK), a leading provider of outsourced digital services and next-generation customer experience to the world's most innovative companies, today announced its results for the second quarter ended June 30, 2024. Total revenues of $237.9 million. GAAP net income of $12.6 million, GAAP net income margin of 5.3%. Non-GAAP Adjusted Net Income of $28.6 million, non-GAAP Adjusted Net Income margin of 12.0%. GAAP diluted EPS of $0.14, non-GAA.
TaskUs Announces Fiscal Second Quarter 2024 Results
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