EPAM Systems, Inc. (NYSE:EPAM) Stock Has Consensus Target Price of $122.53 According to Analysts

Key Points

• Analyst sentiment is mostly neutral: 17 brokerages give EPAM Systems a consensus “Hold” rating—11 holds and 6 buys—with an average 12-month price target of $122.53.
• Quarterly earnings topped expectations: EPAM reported EPS of $3.38 versus a $3.16 consensus estimate, while revenue of $1.41 billion matched expectations and rose 4.6% year over year.
• Broker views were mixed, with some firms lowering price targets and William Blair downgrading the stock to “Market Perform”; Citigroup raised its target to $140 while maintaining a “Neutral” rating.

EPAM Systems, Inc. (NYSE:EPAM - Get Free Report) has earned an average recommendation of "Hold" from the seventeen brokerages that are presently covering the firm, MarketBeat Ratings reports. Eleven research analysts have rated the stock with a hold recommendation and six have assigned a buy recommendation to the company. The average twelve-month price objective among analysts that have issued a report on the stock in the last year is $122.53.

A number of brokerages have weighed in on EPAM. Needham & Company LLC cut their price objective on shares of EPAM Systems from $135.00 to $120.00 and set a "buy" rating on the stock in a report on Thursday, August 6th. Susquehanna lowered their target price on shares of EPAM Systems from $167.00 to $146.00 and set a "positive" rating for the company in a report on Friday, August 7th. Citigroup boosted their price target on EPAM Systems from $100.00 to $140.00 and gave the stock a "neutral" rating in a research report on Monday, October 26th. TD Cowen dropped their price target on EPAM Systems from $131.00 to $120.00 and set a "buy" rating on the stock in a research report on Friday, August 7th. Finally, William Blair downgraded EPAM Systems from an "outperform" rating to a "market perform" rating in a research note on Thursday, August 6th.

EPAM Systems Stock Performance

Shares of EPAM opened at $137.88 on Wednesday. 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 has a one year low of $73.06 and a one year high of $222.53. The company has a 50-day simple moving average of $119.29 and a two-hundred day simple moving average of $122.26. The firm has a market capitalization of $7.11 billion, a PE ratio of 18.68, a price-to-earnings-growth ratio of 1.49 and a beta of 1.28.

EPAM Systems (NYSE:EPAM - Get Free Report) last posted its quarterly earnings data on Thursday, August 6th. The information technology services provider reported $3.38 earnings per share for the quarter, beating the consensus estimate of $3.16 by $0.22. EPAM Systems had a return on equity of 15.84% and a net margin of 7.15%. The business had revenue of $1.41 billion for the quarter, compared to analysts' expectations of $1.41 billion. During the same period in the previous year, the firm posted $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 anticipate that EPAM Systems will post 10.47 EPS for the current fiscal year.

Hedge Funds Weigh In On EPAM Systems

Several institutional investors and hedge funds have recently modified their holdings of the stock. Tidal Investments LLC boosted its position in shares of EPAM Systems by 23.0% during the second quarter. Tidal Investments LLC now owns 79,826 shares of the information technology services provider's stock valued at $6,334,000 after buying an additional 14,917 shares during the last quarter. Arrowstreet Capital Limited Partnership increased its holdings in EPAM Systems by 7.8% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 348,586 shares of the information technology services provider's stock worth $47,199,000 after buying an additional 25,152 shares in the last quarter. Bank Hapoalim BM purchased a new position in EPAM Systems in the 2nd quarter worth about $1,491,000. Bank of America Corp DE raised its position in EPAM Systems by 15.9% in the 1st quarter. Bank of America Corp DE now owns 624,699 shares of the information technology services provider's stock worth $84,584,000 after buying an additional 85,480 shares during the last quarter. Finally, Lazard Asset Management LLC lifted its stake in EPAM Systems by 82.2% during the 1st quarter. Lazard Asset Management LLC now owns 39,326 shares of the information technology services provider's stock valued at $5,325,000 after acquiring an additional 17,737 shares during the period. 91.58% of the stock is currently owned by institutional investors.

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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