EPAM Systems (NYSE:EPAM) Stock Price Crosses Above Two Hundred Day Moving Average - What's Next?

Key Points

• EPAM Systems shares crossed above their 200-day moving average, reaching $128.33 and last trading near $127.16, compared with a 200-day average of $105.37.
• Analyst sentiment remains mixed: six analysts rate the stock a Buy, ten a Hold and one a Sell, producing an overall Hold rating and an average price target of $116.47.
• EPAM exceeded quarterly earnings expectations, reporting $3.38 in EPS versus a $3.16 consensus estimate, while revenue rose 4.6% year over year to $1.41 billion. Institutional investors own 91.58% of the company.

Shares of EPAM Systems, Inc. (NYSE:EPAM - Get Free Report) crossed above its two hundred day moving average during trading on Monday. The stock has a two hundred day moving average of $105.37 and traded as high as $128.33. EPAM Systems shares last traded at $127.1590, with a volume of 829,640 shares.

Analyst Upgrades and Downgrades

EPAM has been the topic of a number of research analyst reports. William Blair cut EPAM Systems from an "outperform" rating to a "market perform" rating in a research report on Thursday, August 6th. Deutsche Bank Aktiengesellschaft restated a "hold" rating and issued a $85.00 price objective on shares of EPAM Systems in a research note on Friday, July 10th. TD Cowen reduced 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 decreased their target price on shares of EPAM Systems from $151.00 to $125.00 and set an "overweight" rating for the company in a research note on Friday, July 10th. Finally, Stifel Nicolaus set a $135.00 target price on shares of EPAM Systems in a research note on Thursday, August 6th. Six investment analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has issued a Sell rating to the company's stock. Based on data from MarketBeat.com, EPAM Systems has an average rating of "Hold" and an average target price of $116.47.

EPAM Systems Stock Performance

The firm has a market cap of $6.56 billion, a price-to-earnings ratio of 17.23, a price-to-earnings-growth ratio of 1.27 and a beta of 1.39. The company has a quick ratio of 2.75, a current ratio of 2.75 and a debt-to-equity ratio of 0.01. The stock has a fifty day moving average price of $112.32 and a 200-day moving average price of $105.37.

EPAM Systems (NYSE:EPAM - Get Free Report) last issued its quarterly earnings results on Thursday, August 6th. The information technology services provider reported $3.38 earnings per share for the quarter, topping 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 firm had revenue of $1.41 billion during the quarter, compared to the consensus estimate of $1.41 billion. During the same period last year, the company earned $2.77 earnings per share. The company's revenue for the quarter 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 expect that EPAM Systems, Inc. will post 10.47 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. Tidal Investments LLC raised its stake 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 buying an additional 14,917 shares during the last quarter. Arrowstreet Capital Limited Partnership boosted its position in shares of 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 acquired a new stake in EPAM Systems in the 2nd quarter valued at about $1,491,000. Bank of America Corp DE grew its stake 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 valued at $84,584,000 after acquiring an additional 85,480 shares during the last quarter. Finally, Lazard Asset Management LLC grew its stake in EPAM Systems by 82.2% in 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 last quarter. 91.58% of the stock is currently owned by institutional investors and hedge funds.

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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