UBS Group AG Decreases Stock Position in EPAM Systems, Inc. $EPAM

Key Points

• UBS Group AG cut its EPAM Systems stake by 52.9% in the fourth quarter, selling 193,683 shares and leaving it with 172,202 shares worth about $35.3 million.
• EPAM beat first-quarter earnings and revenue estimates, reporting EPS of $2.86 on revenue of $1.40 billion, with sales up 7.6% year over year.
• Despite the beat, the stock came under pressure after EPAM reduced its 2026 revenue-growth outlook; several analysts also lowered price targets, and the shares were trading near their 52-week low.

UBS Group AG lessened its position in EPAM Systems, Inc. (NYSE:EPAM - Free Report) by 52.9% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 172,202 shares of the information technology services provider's stock after selling 193,683 shares during the quarter. UBS Group AG owned about 0.31% of EPAM Systems worth $35,281,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in EPAM. Ameriprise Financial Inc. lifted its position in EPAM Systems by 28.9% during the third quarter. Ameriprise Financial Inc. now owns 2,662,843 shares of the information technology services provider's stock worth $401,532,000 after buying an additional 596,760 shares in the last quarter. Barclays PLC lifted its position in EPAM Systems by 504.1% during the third quarter. Barclays PLC now owns 698,613 shares of the information technology services provider's stock worth $105,344,000 after buying an additional 582,966 shares in the last quarter. Van Berkom & Associates Inc. lifted its position in EPAM Systems by 4,413.0% during the third quarter. Van Berkom & Associates Inc. now owns 369,435 shares of the information technology services provider's stock worth $55,707,000 after buying an additional 361,249 shares in the last quarter. Aikya Investment Management Ltd lifted its position in EPAM Systems by 97.0% during the third quarter. Aikya Investment Management Ltd now owns 704,821 shares of the information technology services provider's stock worth $106,280,000 after buying an additional 347,091 shares in the last quarter. Finally, Alyeska Investment Group L.P. lifted its position in EPAM Systems by 79.1% during the third quarter. Alyeska Investment Group L.P. now owns 644,988 shares of the information technology services provider's stock worth $97,258,000 after buying an additional 284,840 shares in the last quarter. Hedge funds and other institutional investors own 91.58% of the company's stock.

More EPAM Systems News

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

• Positive Sentiment: EPAM beat Q1 estimates, reporting $2.86 in non-GAAP EPS versus $2.75 expected and revenue of $1.40 billion versus $1.39 billion expected, with sales up 7.6% year over year. EPAM Reports Results for First Quarter 2026
• Positive Sentiment: The company raised its profit outlook for the year, now expecting non-GAAP diluted EPS of $12.98 to $13.28 and GAAP EPS of $8.29 to $8.59. Reuters coverage of EPAM profit forecast increase
• Positive Sentiment: EPAM announced an applied AI partnership with Anthropic, which could support longer-term client demand and positioning. EPAM forecasts 4%-6.5% 2026 revenue growth amid applied AI partnership with Anthropic
• Neutral Sentiment: Several analysts cut price targets after the report, including Citi to $112 from $145 and Wells Fargo to $151 from $195, reflecting reduced near-term expectations but still leaving upside from current levels. Benzinga analyst updates
• Neutral Sentiment: Needham also lowered its target to $135 from $175, while keeping a buy rating, and Guggenheim trimmed its target earlier this week amid concerns about Q2 revenue outlook. Benzinga analyst updates
• Negative Sentiment: Despite the earnings beat, EPAM cut its 2026 revenue-growth outlook to 4.0% to 6.5% year over year, or 2.5% to 5.0% on an organic constant-currency basis, which appears to be the main reason investors are selling the stock. EPAM Reports Results for First Quarter 2026

EPAM Systems Price Performance

EPAM stock opened at $99.35 on Friday. The business has a fifty day moving average of $131.21 and a two-hundred day moving average of $168.98. The company has a quick ratio of 2.59, a current ratio of 2.67 and a debt-to-equity ratio of 0.05. The stock has a market cap of $5.21 billion, a price-to-earnings ratio of 14.25, a price-to-earnings-growth ratio of 1.01 and a beta of 1.45. EPAM Systems, Inc. has a 52-week low of $98.76 and a 52-week high of $222.53.

EPAM Systems (NYSE:EPAM - Get Free Report) last posted its earnings results on Thursday, May 7th. The information technology services provider reported $2.86 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.75 by $0.11. The company had revenue of $1.40 billion during the quarter, compared to analysts' expectations of $1.39 billion. EPAM Systems had a return on equity of 14.71% and a net margin of 6.96%.The firm's quarterly revenue was up 7.6% compared to the same quarter last year. During the same quarter last year, the firm earned $2.41 earnings per share. EPAM Systems has set its Q2 2026 guidance at 3.100-3.180 EPS. As a group, research analysts anticipate that EPAM Systems, Inc. will post 9.99 earnings per share for the current year.

Analysts Set New Price Targets

A number of brokerages recently commented on EPAM. Wells Fargo & Company reduced their price objective on EPAM Systems from $195.00 to $151.00 and set an "overweight" rating on the stock in a research report on Friday. The Goldman Sachs Group downgraded EPAM Systems from a "buy" rating to a "neutral" rating and reduced their price objective for the stock from $215.00 to $110.00 in a research report on Friday. Guggenheim reduced their price objective on EPAM Systems from $225.00 to $200.00 and set a "buy" rating on the stock in a research report on Monday, May 4th. TD Cowen reduced their price objective on EPAM Systems from $220.00 to $213.00 and set a "buy" rating on the stock in a research report on Monday, April 6th. Finally, Mizuho lifted their price objective on EPAM Systems from $199.00 to $200.00 and gave the stock an "outperform" rating in a research report on Monday, March 16th. Eight equities research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the company's stock. According to data from MarketBeat, the company currently has a consensus rating of "Hold" and a consensus target price of $160.08.

EPAM Systems Company Profile

EPAM Systems, Inc is a global provider of digital platform engineering and software development services. The company partners with clients across industries—such as financial services, healthcare, retail, and technology—to design, develop, and maintain complex software applications and digital experiences. EPAM's offerings include custom software development, application management, infrastructure management, quality assurance, and testing services, enabling organizations to accelerate digital transformation and enhance operational efficiency.

In addition to its core engineering capabilities, EPAM delivers a range of specialized services, including product design and consulting, data and analytics, cloud computing, DevOps, and cybersecurity.

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