EPAM Systems (NYSE:EPAM) Price Target Raised to $150.00

Key Points

• Truist raised its EPAM Systems price target from $110 to $150 but maintained a “hold” rating; the new target implied 3.48% downside from the stock’s current price.
• Analyst sentiment remains mixed: six analysts rate EPAM a “buy” and eleven a “hold,” with a consensus price target of $143.73.
• EPAM beat quarterly expectations, reporting EPS of $3.51 versus $3.41 expected and revenue of $1.43 billion versus $1.42 billion expected; shares nevertheless fell 6.2% on Friday.

EPAM Systems (NYSE:EPAM - Get Free Report) had its target price upped by equities research analysts at Truist Financial from $110.00 to $150.00 in a report issued on Friday, Benzinga reports. The firm currently has a "hold" rating on the information technology services provider's stock. Truist Financial's target price suggests a potential downside of 3.48% from the company's current price.

Several other equities research analysts have also commented on the stock. Guggenheim boosted their price objective on shares of EPAM Systems from $160.00 to $190.00 and gave the stock a "buy" rating in a research note on Friday. Wells Fargo & Company raised their price target on shares of EPAM Systems from $156.00 to $176.00 and gave the company an "overweight" rating in a research report on Friday. Citigroup upped their target price on shares of EPAM Systems from $100.00 to $140.00 and gave the company a "neutral" rating in a research note on Monday, October 26th. Stifel Nicolaus set a $135.00 target price on shares of EPAM Systems in a report on Thursday, August 6th. Finally, Wedbush upped their price objective on EPAM Systems from $99.00 to $160.00 and gave the company a "neutral" rating in a research report on Friday. Six equities research analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the company. According to MarketBeat, the stock has an average rating of "Hold" and a consensus price target of $143.73.

EPAM Systems Trading Down 6.2%

NYSE EPAM traded down $10.29 during trading on Friday, hitting $155.41. 1,898,192 shares of the company's stock traded hands, compared to its average volume of 1,477,156. The firm has a market cap of $8.02 billion, a P/E ratio of 20.97, a PEG ratio of 1.43 and a beta of 1.28. EPAM Systems has a 12-month low of $73.06 and a 12-month high of $222.53. The stock has a fifty day moving average of $120.95 and a two-hundred day moving average of $121.64. The company has a debt-to-equity ratio of 0.01, a current ratio of 2.75 and a quick ratio of 2.75.

EPAM Systems (NYSE:EPAM - Get Free Report) last released its quarterly earnings data on Thursday, November 5th. The information technology services provider reported $3.51 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $3.41 by $0.10. The firm had revenue of $1.43 billion for the quarter, compared to analysts' expectations of $1.42 billion. EPAM Systems had a net margin of 7.15% and a return on equity of 15.84%. The company's revenue for the quarter was up 2.3% compared to the same quarter last year. During the same quarter in the previous year, the company earned $3.08 earnings per share. As a group, sell-side analysts expect that EPAM Systems will post 10.47 EPS for the current year.

Institutional Investors Weigh In On EPAM Systems

Several hedge funds and other institutional investors have recently made changes to their positions in EPAM. Russell Investments Group Ltd. grew its position in EPAM Systems by 30.3% during the third quarter. Russell Investments Group Ltd. now owns 45,342 shares of the information technology services provider's stock valued at $4,911,000 after buying an additional 10,535 shares during the period. Maryland State Retirement & Pension System lifted its position in shares of EPAM Systems by 37.4% in the third quarter. Maryland State Retirement & Pension System now owns 14,223 shares of the information technology services provider's stock valued at $1,541,000 after acquiring an additional 3,873 shares in the last quarter. Davis Investment Partners LLC acquired a new stake in shares of EPAM Systems in the third quarter valued at about $372,000. Illinois Municipal Retirement Fund grew its stake in EPAM Systems by 252.9% during the 3rd quarter. Illinois Municipal Retirement Fund now owns 58,749 shares of the information technology services provider's stock valued at $6,366,000 after acquiring an additional 42,103 shares in the last quarter. Finally, Fulcrum Asset Management LLP lifted its position in EPAM Systems by 96,341.9% during the third quarter. Fulcrum Asset Management LLP now owns 29,897 shares of the information technology services provider's stock worth $3,203,000 after buying an additional 29,866 shares in the last quarter. Hedge funds and other institutional investors own 91.58% of the company's stock.

Trending Headlines about EPAM Systems

Here are the key news stories impacting EPAM Systems this week:

• Positive Sentiment: Quarterly results beat estimates. EPAM reported third-quarter non-GAAP EPS of $3.51 versus the $3.41 consensus and revenue of $1.426 billion versus $1.42 billion expected. Revenue grew 2.3% year over year, while non-GAAP operating margin improved to 16.7% from 16.0%. EPAM Reports Results for Third Quarter 2026
• Positive Sentiment: More capital returns and a higher AI target. The company expanded its remaining share-repurchase authorization to $1.8 billion, plans a $500 million accelerated repurchase, and committed to returning at least 50% of free cash flow annually from 2027–2029. It also raised its 2026 AI-native revenue target to $650 million. EPAM shareholder-return and AI update
• Positive Sentiment: Analysts raised price targets. Susquehanna lifted its target to $190 and assigned a “positive” rating; Wells Fargo raised its target to $176 and maintained an “overweight” rating. Needham also raised its target to $200 and reiterated “buy.”
• Neutral Sentiment: Growth outlook may temper enthusiasm. EPAM’s 2026 revenue-growth forecast is 3.5%–3.7% (2.5%–2.7% on an organic constant-currency basis), signaling continued but moderate growth despite the earnings beat.

EPAM Systems Company Profile

EPAM Systems, Inc is a global digital engineering and technology services company that helps organizations design, develop and modernize software and digital platforms. Its services support digital transformation initiatives across industries, including financial services, healthcare, life sciences, retail, travel and consumer products.

The company provides software engineering, product development, consulting, cloud services, data and analytics, artificial intelligence, cybersecurity, quality assurance and platform engineering.

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