As you might know, TaskUs, Inc. (NASDAQ:TASK) just kicked off its latest quarterly results with some very strong numbers. Results were good overall, with revenues beating analyst predictions by 4.0% to hit US$255m. Statutory earnings per share (EPS) came in at US$0.14, some 2.5% above whatthe analysts had expected. The analysts typically update their forecasts at each earnings report, and we can judge from their estimates whether their view of the company has changed or if there are any new concerns to be aware of. Readers will be glad to know we've aggregated the latest statutory forecasts to see whether the analysts have changed their mind on TaskUs after the latest results.

Following the latest results, TaskUs' nine analysts are now forecasting revenues of US$1.08b in 2025. This would be a decent 13% improvement in revenue compared to the last 12 months. Per-share earnings are expected to step up 16% to US$0.70. Before this earnings report, the analysts had been forecasting revenues of US$1.04b and earnings per share (EPS) of US$0.71 in 2025. So it looks like there's been no major change in sentiment following the latest results, although the analysts have made a small lift in to revenue forecasts.

The consensus price target increased 7.4% to US$18.14, with an improved revenue forecast carrying the promise of a more valuable business, in time. There's another way to think about price targets though, and that's to look at the range of price targets put forward by analysts, because a wide range of estimates could suggest a diverse view on possible outcomes for the business. The most optimistic TaskUs analyst has a price target of US$21.00 per share, while the most pessimistic values it at US$14.00. This shows there is still a bit of diversity in estimates, but analysts don't appear to be totally split on the stock as though it might be a success or failure situation.

One way to get more context on these forecasts is to look at how they compare to both past performance, and how other companies in the same industry are performing. We would highlight that TaskUs' revenue growth is expected to slow, with the forecast 11% annualised growth rate until the end of 2025 being well below the historical 16% p.a. growth over the last five years. Juxtapose this against the other companies in the industry with analyst coverage, which are forecast to grow their revenues (in aggregate) 5.7% per year. Even after the forecast slowdown in growth, it seems obvious that TaskUs is also expected to grow faster than the wider industry.

The Bottom Line

The most important thing to take away is that there's been no major change in sentiment, with the analysts reconfirming that the business is performing in line with their previous earnings per share estimates. Happily, they also upgraded their revenue estimates, and are forecasting them to grow faster than the wider industry. There was also a nice increase in the price target, with the analysts clearly feeling that the intrinsic value of the business is improving.

With that in mind, we wouldn't be too quick to come to a conclusion on TaskUs. Long-term earnings power is much more important than next year's profits. We have forecasts for TaskUs going out to 2026, and you can see them free on our platform here.

You can also see whether TaskUs is carrying too much debt, and whether its balance sheet is healthy, for free on our platform here.

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