TaskUs (NASDAQ:TASK) Price Target Cut to $13.00 by Analysts at Royal Bank Of Canada

TaskUs (NASDAQ:TASK) had its price target cut by research analysts at Royal Bank Of Canada from $17.00 to $13.00 in a report issued on Thursday,Benzinga reports. The brokerage presently has a “sector perform” rating on the stock. Royal Bank Of Canada’s price objective would suggest a potential upside of 18.91% from the stock’s previous close.

Other equities analysts have also recently issued research reports about the company. Zacks Research cut TaskUs from a “strong-buy” rating to a “hold” rating in a report on Friday, November 7th. The Goldman Sachs Group raised TaskUs to a “strong sell” rating in a report on Monday, November 10th. Wedbush began coverage on TaskUs in a research report on Tuesday, February 3rd. They issued an “outperform” rating and a $15.00 price objective on the stock. Finally, Wall Street Zen raised shares of TaskUs to a “strong-buy” rating in a report on Saturday, January 17th. One analyst has rated the stock with a Strong Buy rating, one has assigned 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 has an average rating of “Hold” and a consensus price target of $15.63.

TaskUs Stock Performance

NASDAQ TASK traded up $0.30 on Thursday, reaching $10.93. 986,022 shares of the company’s stock traded hands, compared to its average volume of 398,024. TaskUs has a fifty-two week low of $9.55 and a fifty-two week high of $18.59. The company has a debt-to-equity ratio of 0.40, a quick ratio of 2.89 and a current ratio of 2.89. The firm has a market cap of $988.56 million, a price-to-earnings ratio of 12.29 and a beta of 2.12. The stock has a 50 day moving average price of $11.10 and a 200-day moving average price of $13.49.

Hedge Funds Weigh In On TaskUs

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Strategic Advocates LLC acquired a new stake in shares of TaskUs in the third quarter worth approximately $41,000. Allworth Financial LP lifted its holdings in TaskUs by 9,224.0% in the 4th quarter. Allworth Financial LP now owns 2,331 shares of the company’s stock valued at $27,000 after purchasing an additional 2,306 shares in the last quarter. FNY Investment Advisers LLC purchased a new position in TaskUs in the 3rd quarter valued at $44,000. New York State Common Retirement Fund acquired a new stake in TaskUs during the 2nd quarter worth $67,000. Finally, Harbor Capital Advisors Inc. boosted its stake in TaskUs by 21.9% during the 3rd quarter. Harbor Capital Advisors Inc. now owns 4,994 shares of the company’s stock worth $89,000 after purchasing an additional 896 shares during the last quarter. Hedge funds and other institutional investors own 44.64% of the company’s stock.

Trending Headlines about 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.