TaskUs (NASDAQ:TASK) Stock Price Target Raised at The Goldman Sachs Group

Posted by George Bondi on Nov 6th, 2026

TaskUs (NASDAQ:TASK – Free Report) had its price target boosted by The Goldman Sachs Group from $7.00 to $8.00 in a research report report published on Thursday morning,Benzinga reports. They currently have a sell rating on the stock.

Several other equities analysts have also recently weighed in on TASK. Robert W. Baird set a $12.00 price objective on TaskUs in a report on Thursday, August 6th. Weiss Ratings raised TaskUs from a “hold (c-)” rating to a “hold (c)” rating in a research note on Monday, October 19th. Wall Street Zen upgraded shares of TaskUs from a “hold” rating to a “buy” rating in a report on Saturday, October 24th. Wedbush dropped their target price on shares of TaskUs from $12.00 to $9.00 and set an “outperform” rating on the stock in a report on Thursday, August 6th. Finally, Morgan Stanley lifted their price target on shares of TaskUs from $6.00 to $7.00 and gave the company an “equal weight” rating in a research note on Tuesday, August 11th. One research analyst has rated the stock with a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, TaskUs presently has a consensus rating of “Hold” and a consensus price target of $9.80.

Check Out Our Latest Stock Report on TaskUs

TaskUs Stock Performance

Shares of NASDAQ:TASK opened at $9.18 on Thursday. The company has a market capitalization of $841.71 million, a price-to-earnings ratio of 8.35 and a beta of 1.93. The firm’s 50 day simple moving average is $8.21 and its 200 day simple moving average is $7.74. The company has a debt-to-equity ratio of 1.56, a current ratio of 2.95 and a quick ratio of 2.95. TaskUs has a fifty-two week low of $4.47 and a fifty-two week high of $13.73.

TaskUs (NASDAQ:TASK – Get Free Report) last issued its quarterly earnings data on Wednesday, November 4th. The company reported $0.34 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.31 by $0.03. TaskUs had a net margin of 8.22% and a return on equity of 28.84%. The firm had revenue of $314.75 million during the quarter, compared to analysts’ expectations of $305.23 million. As a group, sell-side analysts forecast that TaskUs will post 1.10 earnings per share for the current year.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the stock. Saba Capital Management L.P. acquired a new position in shares of TaskUs in the first quarter valued at about $14,016,000. Brooklands Fund Management Ltd acquired a new stake in TaskUs in the 3rd quarter worth about $27,500,000. Bank of America Corp DE raised its stake in TaskUs by 2,573.2% in the 1st quarter. Bank of America Corp DE now owns 106,475 shares of the company’s stock worth $714,000 after purchasing an additional 102,492 shares in the last quarter. Dimensional Fund Advisors LP boosted its holdings in TaskUs by 12.8% in the 1st quarter. Dimensional Fund Advisors LP now owns 678,859 shares of the company’s stock valued at $4,554,000 after purchasing an additional 77,072 shares during the period. Finally, Parallel Advisors LLC boosted its holdings in TaskUs by 48.3% in the 3rd quarter. Parallel Advisors LLC now owns 4,719 shares of the company’s stock valued at $37,000 after purchasing an additional 1,538 shares during the period. Institutional investors and hedge funds own 44.64% of the company’s stock.

TaskUs News Summary

Here are the key news stories impacting TaskUs this week:

Positive Sentiment: For Q3 2026, TaskUs reported revenue of $314.7 million, up 5.4% year over year, and EPS of $0.34—above consensus estimates of $303.64 million in revenue and $0.31 EPS. Read More.
Positive Sentiment: Management forecast full-year 2026 revenue of $1.249 billion–$1.251 billion and is targeting a 19% adjusted EBITDA margin, giving investors a view of expected growth and profitability. Read More.
Negative Sentiment: Goldman Sachs raised its price target from $7 to $8 but maintained a “sell” rating; the new target remains below the cited $9.18 share price, signaling the firm sees downside. Read More.
Negative Sentiment: Despite beating estimates, reported quarterly EPS was down from $0.42 a year earlier, a sign that earnings have weakened on a year-over-year basis. Read More.

TaskUs Company Profile

(Get Free Report)

TaskUs, Inc (NASDAQ: TASK) is a provider of digital outsourcing and customer experience services for technology companies and other high-growth businesses. The company helps clients manage customer interactions, back-office operations and other business processes through a combination of trained personnel, technology and data-driven workflows.

Its services include customer care, technical support, content moderation, trust and safety, fraud prevention, artificial intelligence operations and back-office support.