EPAM Systems (NYSE:EPAM) Stock Gets Price Target Increase from Wells Fargo & Company

Key Points

• Wells Fargo raised its EPAM Systems price target from $156 to $176 and maintained an “overweight” rating, implying about 12.1% upside from the price cited in the report.
• EPAM shares fell 5.3% on Friday to $156.99.
• EPAM’s latest quarterly results modestly beat expectations: EPS was $3.51 versus the $3.41 consensus, while revenue of $1.43 billion was up 2.3% year over year. Analyst sentiment overall remained “Hold,” with a $137 consensus target.

EPAM Systems (NYSE:EPAM - Get Free Report) had its price target hoisted by equities research analysts at Wells Fargo & Company from $156.00 to $176.00 in a research note issued on Friday, Benzinga reports. The brokerage presently has an "overweight" rating on the information technology services provider's stock. Wells Fargo & Company's target price would suggest a potential upside of 12.11% from the company's current price.

EPAM has been the subject of several other reports. Deutsche Bank Aktiengesellschaft reaffirmed a "hold" rating and set a $85.00 target price on shares of EPAM Systems in a research report on Friday, July 10th. Needham & Company LLC upped their price target on EPAM Systems from $120.00 to $200.00 and gave the company a "buy" rating in a research report on Thursday. Mizuho set a $130.00 price target on EPAM Systems in a research note on Monday, August 10th. Truist Financial decreased their price target on EPAM Systems from $112.00 to $110.00 and set a "hold" rating for the company in a research note on Friday, August 7th. Finally, TD Cowen lowered their price objective on EPAM Systems from $131.00 to $120.00 and set a "buy" rating for the company in a research report on Friday, August 7th. Six research analysts have rated the stock with a Buy rating and eleven have given a Hold rating to the company's stock. According to data from MarketBeat, the stock presently has an average rating of "Hold" and a consensus price target of $137.00.

EPAM Systems Trading Down 5.3%

NYSE EPAM traded down $8.71 on Friday, hitting $156.99. The company's stock had a trading volume of 639,707 shares, compared to its average volume of 1,469,909. The company has a quick ratio of 2.75, a current ratio of 2.75 and a debt-to-equity ratio of 0.01. EPAM Systems has a 1-year low of $73.06 and a 1-year high of $222.53. The company's 50-day moving average is $120.95 and its 200 day moving average is $121.64. The firm has a market cap of $8.10 billion, a PE ratio of 21.26, a PEG ratio of 1.43 and a beta of 1.28.

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

Institutional Trading of EPAM Systems

A number of large investors have recently bought and sold shares of the business. University of Texas Texas AM Investment Management Co. grew its holdings in shares of EPAM Systems by 236.2% in the third 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 acquiring an additional 163 shares in the last quarter. Financial Management Professionals Inc. lifted its holdings in 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 period. Signaturefd LLC lifted its holdings in 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 period. Elevation Wealth Partners LLC boosted its position in EPAM Systems by 94.1% in the third quarter. Elevation Wealth Partners LLC now owns 493 shares of the information technology services provider's stock worth $53,000 after purchasing an additional 239 shares during the last quarter. Finally, Global Retirement Partners LLC purchased a new position in EPAM Systems in the second quarter worth $43,000. 91.58% of the stock is currently owned by institutional investors and hedge funds.

EPAM Systems News Summary

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

• Positive Sentiment: Q3 results beat expectations. EPAM reported non-GAAP EPS of $3.51 versus the $3.41 consensus and revenue of $1.426 billion versus estimates of about $1.42 billion. Revenue grew 2.3% year over year, while operating margins improved. EPAM Q3 2026 results
• Positive Sentiment: Shareholder returns are a major focus. EPAM plans to return at least 50% of free cash flow to shareholders annually from 2027 through 2029. It also increased its remaining repurchase authorization to $1.8 billion and plans a $500 million accelerated share repurchase. EPAM shareholder return plan
• Positive Sentiment: Analysts lifted price targets. Susquehanna raised its target to $190 and assigned a positive rating; Needham raised its target to $200 and maintained a buy rating. These revisions signal increased optimism about EPAM’s outlook.
• Positive Sentiment: AI ambitions and outlook offer further support. EPAM raised its 2026 AI-native revenue target to $650 million and updated full-year guidance to revenue growth of 3.5%–3.7% and non-GAAP EPS of $13.23–$13.31.

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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