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TaskUs ( (TASK) ) has provided an update.
On October 8, 2025, TaskUs, Inc. announced that its stockholders did not approve the proposed merger agreement with Breeze Merger Corporation, an affiliate of Blackstone, and TaskUs co-founders. As a result, TaskUs will remain a publicly traded company on Nasdaq under the ticker symbol TASK. The company does not plan to hold another special meeting and expects to terminate the proposed transaction, with no termination fee required from either party. TaskUs CEO Bryce Maddock expressed appreciation for stockholder feedback and reaffirmed the company’s commitment to transforming its business for the AI era.
The most recent analyst rating on (TASK) stock is a Hold with a $19.00 price target. To see the full list of analyst forecasts on TaskUs stock, see the TASK Stock Forecast page.
Spark’s Take on TASK Stock
According to Spark, TipRanks’ AI Analyst, TASK is a Neutral.
TaskUs shows strong financial performance with revenue growth and improved profitability, though cash flow management needs improvement. Technical indicators suggest neutral to weak momentum, and the company’s valuation is moderate. The absence of earnings call data and corporate events limits additional insights.
To see Spark’s full report on TASK stock, click here.
More about TaskUs
TaskUs, Inc. is a leading provider of outsourced digital services and next-generation customer experience solutions, catering to innovative companies across various fast-growing sectors such as social media, e-commerce, gaming, streaming media, food delivery, ride-sharing, technology, financial services, and healthcare. The company operates with a cloud-based infrastructure and, as of June 30, 2025, employed approximately 60,400 people across 30 locations in 13 countries.
Average Trading Volume: 341,532
Technical Sentiment Signal: Buy
Current Market Cap: $1.53B
See more insights into TASK stock on TipRanks’ Stock Analysis page.