EPAM Systems, Inc. (NYSE:EPAM) Given Average Rating of "Hold" by Brokerages

Key Points

• EPAM Systems has a consensus “Hold” rating among 17 analysts, with 10 holds, six buys and one sell. The average 12-month price target is $116.47.
• Recent analysts have generally reduced price targets, although ratings range from “neutral” to “buy”; targets cited in the article span $99 to $130.
• EPAM reported quarterly EPS of $3.38, beating estimates of $3.16, while revenue reached $1.41 billion and increased 4.6% year over year. The stock was trading at $123.66, up 4.9%.

Shares of EPAM Systems, Inc. (NYSE:EPAM - Get Free Report) have been assigned a consensus recommendation of "Hold" from the seventeen research firms that are presently covering the stock, MarketBeat reports. One investment analyst has rated the stock with a sell rating, ten have issued a hold rating and six have given a buy rating to the company. The average 12-month target price among analysts that have issued ratings on the stock in the last year is $116.4667.

Several analysts recently weighed in on EPAM shares. TD Cowen dropped their target price on shares of EPAM Systems from $131.00 to $120.00 and set a "buy" rating for the company in a report on Friday, August 7th. Wells Fargo & Company lowered their price target on EPAM Systems from $151.00 to $125.00 and set an "overweight" rating for the company in a research report on Friday, July 10th. Wedbush started coverage on EPAM Systems in a research note on Monday, June 15th. They issued a "neutral" rating and a $99.00 price objective for the company. Mizuho set a $130.00 price objective on EPAM Systems in a report on Monday, August 10th. Finally, Truist Financial cut their price objective on EPAM Systems from $112.00 to $110.00 and set a "hold" rating on the stock in a report on Friday, August 7th.

EPAM Systems Trading Up 4.9%

Shares of EPAM stock opened at $123.66 on Tuesday. The company has a debt-to-equity ratio of 0.01, a current ratio of 2.75 and a quick ratio of 2.75. The firm has a market cap of $6.38 billion, a PE ratio of 16.76, a price-to-earnings-growth ratio of 1.21 and a beta of 1.38. The company has a 50-day moving average of $102.58 and a two-hundred day moving average of $109.70. EPAM Systems has a 1-year low of $73.06 and a 1-year high of $222.53.

EPAM Systems (NYSE:EPAM - Get Free Report) last released its quarterly earnings results on Thursday, August 6th. The information technology services provider reported $3.38 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $3.16 by $0.22. EPAM Systems had a net margin of 7.15% and a return on equity of 15.84%. The business had revenue of $1.41 billion for the quarter, compared to the consensus estimate of $1.41 billion. During the same period in the previous year, the firm earned $2.77 EPS. The business's revenue was up 4.6% on a year-over-year basis. EPAM Systems has set its FY 2026 guidance at 13.080-13.240 EPS and its Q3 2026 guidance at 3.380-3.460 EPS. On average, analysts predict that EPAM Systems will post 10.47 EPS for the current year.

Institutional Trading of EPAM Systems

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Sequoia Financial Advisors LLC acquired a new stake in EPAM Systems in the second quarter valued at $371,000. Tidal Investments LLC boosted its position in shares of EPAM Systems by 23.0% during the 2nd quarter. Tidal Investments LLC now owns 79,826 shares of the information technology services provider's stock worth $6,334,000 after acquiring an additional 14,917 shares in the last quarter. WINTON GROUP Ltd boosted its position in shares of EPAM Systems by 31.0% during the 2nd quarter. WINTON GROUP Ltd now owns 131,440 shares of the information technology services provider's stock worth $10,430,000 after acquiring an additional 31,134 shares in the last quarter. Engineers Gate Manager LP increased its holdings in shares of EPAM Systems by 341.1% in the 2nd quarter. Engineers Gate Manager LP now owns 52,893 shares of the information technology services provider's stock valued at $4,197,000 after acquiring an additional 40,902 shares during the last quarter. Finally, Empirical Finance LLC acquired a new stake in shares of EPAM Systems during the 2nd quarter worth about $561,000. 91.58% of the stock is currently owned by hedge funds and other institutional investors.

About EPAM Systems

EPAM Systems, Inc is a global digital engineering and technology services company that helps businesses design, develop and modernize software and digital products. Its services include software engineering, product development, platform engineering, cloud transformation, data and analytics, artificial intelligence, cybersecurity, consulting and experience design.

EPAM serves clients across industries such as financial services, healthcare, life sciences, retail, travel and hospitality, media, telecommunications, energy and manufacturing.

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