TASK

TaskUs (TASK) stock has experienced a significant decline over the past year, with a 1-year change of -53.2%, but has shown a rebound from approximately $5 in early July 2026. In May 2026, Q1 2026 results reported service revenue of $306.3 million (10.3% year-over-year increase) and net income of $24.3 million, with AI Services revenue growing by 36.1% year-over-year, and the company reaffirmed its full-year revenue guidance. A special cash dividend of $3.65 per share was announced in March 2026, payable around March 25, 2026, funded by credit facility proceeds and existing cash. The company underwent a CFO transition in February/June 2026, with Rishabh Khemka appointed as the permanent Chief Financial Officer. Q2 2026 results in August 2026 reported service revenue of $308.9 million (5.0% year-over-year increase) and net income of $22.0 million, with AI Services growing 25.8% year-over-year, and the company provided guidance for 2026 revenue of $1.22–$1.24 billion. In October 2026, analyst ratings from Wall Street Zen and MarketBeat downgraded the stock to 'Hold,' with an average target near $9.60, while Morgan Stanley maintained an 'Equal-Weight' rating and raised its price target to $7. The stock has shown positive movement with a 1-month change of +2.1% and has rallied in response to broader positive sentiment in AI-linked and IT services names.