TaskUs, Inc. provides digital outsourcing services for companies in Philippines, the United States, India, and internationally. It offers digital customer experience that consists of omni-channel customer care services primarily delivered through non-voice digital channels; and other solutions, including experience and customer care services for new product or market launches, and customer acquisition solutions. The company also provides trust and safety solutions, such as review and disposition of user and advertiser generated visual, text, and audio content, which include removal or labeling of policy violating, and offensive or misleading content, as well as risk management, compliance, identity management, and fraud services; and artificial intelligence (AI) solutions that consist of data labeling, annotation, context relevance, and transcription services for training and tuning machine learning algorithms that enables to develop AI systems. It serves clients in various industry segments comprising e-commerce, FinTech, food delivery and ride sharing, gaming, technology, HealthTech, social media, and streaming media. The company was formerly known as TU TopCo, Inc. and changed its name to TaskUs, Inc. in December 2020. TaskUs, Inc. was founded in 2008 and is headquartered in New Braunfels, Texas.
Analyst Perspectives | RBC Capital Markets sets price targets between $17.00 and $18.00, reflecting cautious optimism amidst TaskUs's evolving market position |
Margin Pressures Loom | Delve into TaskUs's profitability challenges stemming from growth investments and market pricing pressures, impacting future financial performance |
Client Dynamics | Explore how TaskUs's largest client's re-engagement is expected to drive accelerated growth, potentially reshaping the company's revenue composition |
Digital Outsourcing Shift | TaskUs returns to year-over-year revenue growth, signaling a potential turnaround in the competitive digital outsourcing landscape |
Metrics to compare | TASK | Sector Sector - Average of metrics from a broad group of related Industrials sector companies | Relationship RelationshipTASKPeersSector | |
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P/E Ratio | 23.2x | 6.8x | 11.8x | |
PEG Ratio | 0.61 | −0.10 | 0.03 | |
Price / Book | 2.5x | 2.3x | 1.4x | |
Price / LTM Sales | 1.3x | 2.2x | 1.2x | |
Upside (Analyst Target) | 32.8% | 18.6% | 22.8% | |
Fair Value Upside | Unlock | 21.6% | 6.6% | Unlock |