Royal Bank Of Canada Has Lowered Expectations for TaskUs (NASDAQ:TASK) Stock Price

TaskUs (NASDAQ:TASK) had its price objective dropped by analysts at Royal Bank Of Canada from $17.00 to $13.00 in a research note issued on Thursday,Benzinga reports. The brokerage currently has a “sector perform” rating on the stock. Royal Bank Of Canada’s target price would suggest a potential upside of 22.41% from the stock’s previous close.

A number of other analysts also recently issued reports on the stock. Wall Street Zen upgraded shares of TaskUs to a “strong-buy” rating in a report on Saturday, January 17th. Zacks Research cut TaskUs from a “strong-buy” rating to a “hold” rating in a report on Friday, November 7th. Wedbush initiated coverage on TaskUs in a research note on Tuesday, February 3rd. They set an “outperform” rating and a $15.00 price target for the company. Finally, The Goldman Sachs Group raised TaskUs to a “strong sell” rating in a research note on Monday, November 10th. One analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $14.50.

TaskUs Stock Down 0.3%

Shares of TASK opened at $10.62 on Thursday. The business’s 50 day moving average is $11.07 and its 200 day moving average is $13.42. The company has a market capitalization of $960.26 million, a PE ratio of 9.57 and a beta of 2.12. TaskUs has a 12-month low of $9.55 and a 12-month high of $18.39. The company has a current ratio of 2.89, a quick ratio of 2.89 and a debt-to-equity ratio of 0.40.

TaskUs (NASDAQ:TASK) last posted its quarterly earnings results on Wednesday, February 25th. The company reported $0.40 earnings per share for the quarter, topping the consensus estimate of $0.36 by $0.04. The business had revenue of $312.96 million during the quarter, compared to the consensus estimate of $303.68 million. TaskUs had a return on equity of 23.10% and a net margin of 8.64%. Research analysts expect that TaskUs will post 0.9 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the company. Hudson Bay Capital Management LP purchased a new stake in shares of TaskUs in the third quarter valued at $17,796,000. Qube Research & Technologies Ltd bought a new position in TaskUs during the 2nd quarter valued at about $16,325,000. Irenic Capital Management LP purchased a new stake in TaskUs in the 4th quarter worth about $11,253,000. Dalton Investments Inc. purchased a new stake in TaskUs in the 4th quarter worth about $11,174,000. Finally, Calamos Advisors LLC bought a new stake in TaskUs in the fourth quarter worth about $8,549,000. 44.64% of the stock is owned by hedge funds and other institutional investors.

Key Headlines Impacting TaskUs

Here are the key news stories impacting TaskUs this week:

• Positive Sentiment: Q4 results beat expectations — EPS $0.40 vs. $0.36 estimate and revenue $312.96M vs. $303.7M consensus, showing margin improvement and driving near‑term upside sentiment. TaskUs Beats Q4
• Positive Sentiment: Company announced a $333M special dividend and flagged AI investments—cash return and an AI growth theme can support the stock and shareholder confidence. Special Dividend & AI
• Positive Sentiment: Company declared a $3.65 per‑share dividend (record Mar 11, pay Mar 25), an explicit cash return that can attract income‑oriented investors and underpin valuation support.
• Neutral Sentiment: Local coverage highlights rising profits tied to AI focus — useful color on operations but not new guidance. Local Profit Coverage
• Neutral Sentiment: Earnings call transcript and slide deck published — read for management commentary on AI spend, client pipeline and margin outlook. Earnings Call Transcript Slide Deck
• Neutral Sentiment: Earnings preview and coverage appeared ahead of results — background reading for positioning but not market‑moving now. Earnings Preview
• Negative Sentiment: FY‑2026 revenue guidance came in below street expectations (guidance ~ $1.21B–$1.24B / company commentary around ~$1.2B vs. ~ $1.3B consensus), which tempers upside despite the quarter beat. Guidance
• Negative Sentiment: Royal Bank of Canada trimmed its price target from $17 to $13 and moved to “sector perform,” signaling reduced analyst conviction on the near‑term rerating. RBC Price Target Cut

TaskUs Company Profile

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.