EPAM Systems (NYSE:EPAM) Stock Gets Price Target Bump from Wedbush

Key Points

• Wedbush raised its EPAM price target from $99 to $160 but kept a neutral rating; the new target implied 2.64% upside from the share price cited in the report.
• Analyst views remain mixed: MarketBeat reported a consensus “Hold” rating and an average price target of $141.07, while Susquehanna raised its target to $190 and rated the stock positive.
• EPAM beat quarterly estimates, reporting EPS of $3.51 versus $3.41 expected and revenue of $1.43 billion versus $1.42 billion expected. Revenue grew 2.3% year over year, while shares fell 5.9% on Friday.

EPAM Systems (NYSE:EPAM - Get Free Report) had its price target increased by stock analysts at Wedbush from $99.00 to $160.00 in a note issued to investors on Friday, Benzinga reports. The firm currently has a "neutral" rating on the information technology services provider's stock. Wedbush's price target points to a potential upside of 2.64% from the company's current price.

EPAM has been the subject of a number of other research reports. JPMorgan Chase & Co. lowered shares of EPAM Systems from an "overweight" rating to a "neutral" rating and set a $120.00 price objective for the company. in a research report on Wednesday, August 26th. Deutsche Bank Aktiengesellschaft restated a "hold" rating and set a $85.00 price target on shares of EPAM Systems in a research note on Friday, July 10th. William Blair cut EPAM Systems from an "outperform" rating to a "market perform" rating in a report on Thursday, August 6th. TD Cowen cut their price target on EPAM Systems from $131.00 to $120.00 and set a "buy" rating for the company in a report on Friday, August 7th. Finally, Susquehanna raised their price objective on EPAM Systems from $146.00 to $190.00 and gave the stock a "positive" rating in a research report on Friday. Six investment analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of "Hold" and an average price target of $141.07.

EPAM Systems Stock Down 5.9%

Shares of EPAM traded down $9.82 during trading hours on Friday, hitting $155.88. 1,374,703 shares of the company were exchanged, compared to its average volume of 1,473,684. The company has a debt-to-equity ratio of 0.01, a quick ratio of 2.75 and a current ratio of 2.75. The company has a market cap of $8.04 billion, a PE ratio of 21.19, a PEG ratio of 1.43 and a beta of 1.28. The firm's 50 day moving average is $120.95 and its 200-day moving average is $121.64. EPAM Systems has a 52 week low of $73.06 and a 52 week high of $222.53.

EPAM Systems (NYSE:EPAM - Get Free Report) last issued its quarterly earnings results on Thursday, November 5th. The information technology services provider reported $3.51 EPS for the quarter, topping analysts' consensus estimates of $3.41 by $0.10. The company had revenue of $1.43 billion during the quarter, compared to analyst estimates of $1.42 billion. EPAM Systems had a return on equity of 15.84% and a net margin of 7.15%. The company's quarterly revenue was up 2.3% compared to the same quarter last year. During the same period in the previous year, the company earned $3.08 earnings per share. On average, equities research analysts forecast that EPAM Systems will post 10.47 EPS for the current fiscal year.

Hedge Funds Weigh In On EPAM Systems

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. University of Texas Texas AM Investment Management Co. boosted its position in EPAM Systems by 236.2% in the 3rd quarter. University of Texas Texas AM Investment Management Co. now owns 232 shares of the information technology services provider's stock valued at $25,000 after buying an additional 163 shares during the last quarter. Financial Management Professionals Inc. raised its position in shares of EPAM Systems by 47.3% during the third quarter. Financial Management Professionals Inc. now owns 268 shares of the information technology services provider's stock worth $29,000 after acquiring an additional 86 shares during the last quarter. Signaturefd LLC raised its position in shares of EPAM Systems by 1,068.3% during the second quarter. Signaturefd LLC now owns 479 shares of the information technology services provider's stock worth $38,000 after acquiring an additional 438 shares during the last quarter. Global Retirement Partners LLC acquired a new position in shares of EPAM Systems during the second quarter valued at $43,000. Finally, Trust Asset Management LLC acquired a new position in shares of EPAM Systems during the second quarter valued at $50,000. 91.58% of the stock is owned by institutional investors.

Key Headlines Impacting 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.

About EPAM Systems

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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