On May 12, 2025, Baird analyst David Koning made a notable update regarding TaskUs, Inc. (TASK, Financial). The analyst downgraded the company's stock rating from "Outperform" to "Neutral."
While the rating experienced a downgrade, the price target for TaskUs (TASK, Financial) remains unchanged. David Koning maintains a price target of $16.50 USD, as it was previously set. This indicates a steady outlook on the stock's expected performance.
The adjustment comes as the stock continues to trade on the NASDAQ exchange under the ticker TASK. Investors and shareholders of TaskUs (TASK, Financial) are advised to consider this latest update in the context of their investment strategies.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 4 analysts, the average target price for TaskUs Inc (TASK, Financial) is $18.50 with a high estimate of $21.00 and a low estimate of $16.50. The average target implies an upside of 10.71% from the current price of $16.71. More detailed estimate data can be found on the TaskUs Inc (TASK) Forecast page.
Based on the consensus recommendation from 6 brokerage firms, TaskUs Inc's (TASK, Financial) average brokerage recommendation is currently 2.8, indicating "Hold" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for TaskUs Inc (TASK, Financial) in one year is $18.20, suggesting a upside of 8.92% from the current price of $16.71. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the TaskUs Inc (TASK) Summary page.
