- TaskUs (TASK, Financial) prepares for its Q1 earnings release on May 12th, with a track record of beating EPS and revenue expectations.
- Analysts provide an average price target of $18.50, reflecting a nearly 10% potential upside.
- TaskUs holds an "Outperform" consensus rating, backed by robust upward revisions in earnings and revenue forecasts.
TaskUs (TASK) is gearing up for its Q1 earnings announcement, scheduled for May 12th, post-market. Over its history, TaskUs has impressively surpassed EPS forecasts 88% of the time and has consistently exceeded revenue expectations. Recent analyst activities reveal three upward and two downward revisions for EPS, while revenue forecasts have been adjusted upward six times.
Wall Street Analysts' Forecasts
According to one-year price targets from four analysts, TaskUs Inc (TASK, Financial) has an average target price of $18.50, with projections ranging from a high of $21.00 to a low of $16.50. This average target suggests a promising upside of 9.79% from the current share price of $16.85. Investors seeking more detailed estimates can visit the TaskUs Inc (TASK) Forecast page.
The consensus recommendation from six brokerage firms positions TaskUs (TASK, Financial) at an average brokerage recommendation of 2.5, indicating an "Outperform" status. The rating scale ranges from 1 (Strong Buy) to 5 (Sell), underscoring a favorable outlook for the stock.
Furthermore, according to GuruFocus estimates, TaskUs Inc (TASK, Financial) holds an estimated GF Value of $18.20 in one year, implying an upside of 8.01% from the current price of $16.85. The GF Value represents GuruFocus' estimation of what the stock's fair trading value should be. This calculation considers historical multiples, the company's past business growth, and future business performance estimates. For more in-depth data, investors can explore the TaskUs Inc (TASK) Summary page.
