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TaskUs Inc has a consensus price target of $19.5 based on the ratings of 12 analysts. The high is $37 issued by BTIG on August 9, 2022. The low is $12 issued by Goldman Sachs on June 24, 2024. The 3 most-recent analyst ratings were released by Morgan Stanley, B of A Securities, and Baird on December 13, 2024, December 9, 2024, and November 11, 2024, respectively. With an average price target of $20.33 between Morgan Stanley, B of A Securities, and Baird, there's an implied 20.17% upside for TaskUs Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for TaskUs (NASDAQ:TASK) was reported by Morgan Stanley on December 13, 2024. The analyst firm set a price target for $21.00 expecting TASK to rise to within 12 months (a possible 24.11% upside). 15 analyst firms have reported ratings in the last year.
The latest analyst rating for TaskUs (NASDAQ:TASK) was provided by Morgan Stanley, and TaskUs upgraded their overweight rating.
The last upgrade for TaskUs Inc happened on December 13, 2024 when Morgan Stanley raised their price target to $21. Morgan Stanley previously had an equal-weight for TaskUs Inc.
The last downgrade for TaskUs Inc happened on August 10, 2023 when JP Morgan changed their price target from $16 to $12 for TaskUs Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of TaskUs, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for TaskUs was filed on December 13, 2024 so you should expect the next rating to be made available sometime around December 13, 2025.
While ratings are subjective and will change, the latest TaskUs (TASK) rating was a upgraded with a price target of $18.00 to $21.00. The current price TaskUs (TASK) is trading at is $16.92, which is out of the analyst’s predicted range.
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