NYSE:EPAM

EPAM Systems - EPAM Stock Forecast, Price & News

$299.00

+5.31 (+1.81%)

(As of 03/31/2023 12:00 AM ET)

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Today's Range: $295.01
▼
$300.00
50-Day Range: $275.04
▼
$379.34
52-Week Range: $260.68
▼
$462.99

Volume: 355,077 shs
Average Volume: 509,383 shs
Market Capitalization: $17.25 billion

P/E Ratio: 42.23
Dividend Yield: N/A
Price Target: $402.14

Institutional Ownership

EPAM Systems MarketRank™ Forecast

Analyst Rating: Moderate Buy
2.77 Rating Score
Upside/Downside: 34.5% Upside
$402.14 Price Target
Short Interest: Healthy
1.34% of Float Sold Short
Dividend Strength: N/A
Sustainability: -0.70
Upright™ Environmental Score
News Sentiment: 0.78
Based on 3 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 23.62%
From $9.27 to $11.46 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

3.12 out of 5 stars

Computer And Technology Sector

13th out of 608 stocks

Custom Computer Programming Services Industry

1st out of 26 stocks

4.4

Analyst's Opinion

Consensus Rating
EPAM Systems has received a consensus rating of Buy. The company's average rating score is 2.77, and is based on 10 buy ratings, 3 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $402.14, EPAM Systems has a forecasted upside of 34.5% from its current price of $299.00.
Amount of Analyst Coverage
EPAM Systems has been the subject of 8 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

4.0

Short Interest

Percentage of Shares Shorted
1.34% of the float of EPAM Systems has been sold short.
Short Interest Ratio / Days to Cover
EPAM Systems has a short interest ratio ("days to cover") of 1.8, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in EPAM Systems has recently decreased by 4.27%, indicating that investor sentiment is improving.

0.0

Dividend Strength

Dividend Yield
EPAM Systems does not currently pay a dividend.
Dividend Growth
EPAM Systems does not have a long track record of dividend growth.

3.4

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
EPAM Systems has received a 39.66% net impact score from Upright. EPAM Systems seems to create the most significant positive value in categories "Jobs", "Distributing knowledge", and "Taxes". The positive contribution in the "Distributing knowledge" impact category is mostly driven by its "Artificial intelligence consulting", "Software development process consulting", "Software QA services", and "Data science consulting" products. See details.
Environmental Sustainability
The Environmental Impact score for EPAM Systems is -0.70.

2.7

News and Social Media Coverage

News Sentiment
EPAM Systems has a news sentiment score of 0.78. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.39 average news sentiment score of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 3 news articles for EPAM Systems this week, compared to 4 articles on an average week.
Search Interest
80 people have searched for EPAM on MarketBeat in the last 30 days. This is an increase of 36% compared to the previous 30 days.
MarketBeat Follows
Only 12 people have added EPAM Systems to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, EPAM Systems insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 4.10% of the stock of EPAM Systems is held by insiders.
Percentage Held by Institutions
92.29% of the stock of EPAM Systems is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

3.1

Earnings and Valuation

Earnings Growth
Earnings for EPAM Systems are expected to grow by 23.62% in the coming year, from $9.27 to $11.46 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of EPAM Systems is 42.23, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 130.90.
Price to Earnings Ratio vs. Sector
The P/E ratio of EPAM Systems is 42.23, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 353.67.
Price to Earnings Growth Ratio
EPAM Systems has a PEG Ratio of 1.91. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
EPAM Systems has a P/B Ratio of 5.73. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About EPAM Systems (NYSE:EPAM) Stock

EPAM Systems, Inc. engages in the provision of software product development and digital platform engineering services. It operates through the following geographical segments: North America, Europe, and Russia. The company was founded by Leonid Lozner and Arkadiy Dobkin in 1993 and is headquartered in Newtown, PA.

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EPAM Stock News Headlines

March 30, 2023 | marketwatch.com

Engineering Services Outsourcing (ESO) Market Growth By 2031

March 25, 2023 | marketwatch.com

Latest Insight on Crowdsourced Testing Tool Market Next Big Thing With Top Companies are EPAM Systems, Centercode, Testlio

April 2, 2023 | Investorplace Media (Ad)

5 Hypergrowth Stocks to Buy Now

Luke Lango has found 14 stocks that have gone up over 1,000%. Now he’s named his top stocks for 2023. Just click to claim your copy.

March 25, 2023 | americanbankingnews.com

Analysts Set EPAM Systems, Inc. (NYSE:EPAM) PT at $403.08

March 24, 2023 | marketwatch.com

Engineering Analytics Services Market Growth by 2031

March 24, 2023 | marketwatch.com

Outsourcing in BFSI Sector Market | Global Various Tendencies Industry Report 2029

March 22, 2023 | finance.yahoo.com

EPAM Recognized as a Top IT Sourcing Vendor in the Netherlands

March 17, 2023 | finance.yahoo.com

Should You Hold EPAM Systems (EPAM)?

April 2, 2023 | Weiss Ratings (Ad)

Banking Nightmare

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March 16, 2023 | finance.yahoo.com

EPAM Joins Drink Without Waste Initiative to Help Combat Hong Kong's Plastic Pollution Crisis

March 10, 2023 | marketwatch.com

Continuous Testing Market Share From 2023 To 2029 And Unlimited Opportunities for New Companies

February 28, 2023 | markets.businessinsider.com

Analyst Expectations for EPAM Sys's Future

February 28, 2023 | marketwatch.com

IoT Develop Service Market Growing Demand and Trends 2023 to 2028

February 27, 2023 | msn.com

VRT or EPAM: Which Is the Better Value Stock Right Now?

February 26, 2023 | marketwatch.com

How and Where the Drilling Software Market is Set to Grow in forecast period 2029

February 23, 2023 | finance.yahoo.com

EPAM Delivers 5G-Powered VR, Unveils Digital Metahuman Tech & Leads Emerging Technology Panel at MWC 2023

February 18, 2023 | seekingalpha.com

EPAM Systems, Inc. (EPAM) Q4 2022 Earnings Call Transcript

February 17, 2023 | msn.com

Piper Sandler Maintains Overweight Rating for EPAM Sys: Here's What You Need To Know

February 17, 2023 | finance.yahoo.com

EPAM Systems (EPAM) Q4 Earnings Top Estimates, Sales Match

February 16, 2023 | finance.yahoo.com

EPAM Systems (EPAM) Q4 2022 Earnings Call Transcript

February 16, 2023 | seekingalpha.com

EPAM Systems shares dip as outlook falls short

February 16, 2023 | finanznachrichten.de

EPAM Systems, Inc.: EPAM Reports Results for Fourth Quarter and Full Year 2022 and Announces $500 million Share Repurchase Program

February 16, 2023 | msn.com

EPAM Systems Non-GAAP EPS of $2.93 beats by $0.25, revenue of $1.23B in-line, initiates FY23 and Q1 outlook

February 15, 2023 | markets.businessinsider.com

What Wall Street expects from EPAM Systems's earnings

February 13, 2023 | investing.com

EPAM Systems PT Lowered to $462 at Susquehanna

February 8, 2023 | technews.tmcnet.com

EPAM Systems India Wins Golden Peacock Award for CSR Programs

February 8, 2023 | finance.yahoo.com

16 EPAM Experts Named Sitecore Most Valuable Professionals

See More Headlines

30 days | 90 days | 365 days | Advanced Chart

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EPAM Company Calendar

Last Earnings: 11/04/2021
Today: 4/01/2023
Next Earnings (Estimated): 5/04/2023
Fiscal Year End: 12/31/2023

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Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Custom computer programming services
Sub-Industry: IT Consulting & Other Services
Sector: Computer and Technology
Current Symbol: NYSE:EPAM
CUSIP: 29414B10
CIK: 1352010
Web: www.epam.com
Phone: (267) 759-9000
Fax: 267-759-8989
Employees: 59,300
Year Founded: 1993

Price Target and Rating

Average Stock Price Forecast: $402.14
High Stock Price Forecast: $475.00
Low Stock Price Forecast: $370.00
Forecasted Upside/Downside: +34.5%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.77
Research Coverage: 13 Analysts

Profitability

EPS (Most Recent Fiscal Year): $7.08
Trailing P/E Ratio: 42.23
Forward P/E Ratio: 32.25
P/E Growth: 1.91
Net Income: $419.42 million
Net Margins: 8.69%
Pretax Margin: 10.51%
Return on Equity: 21.55%
Return on Assets: 15.91%

Debt

Debt-to-Equity Ratio: 0.01
Current Ratio: 3.69
Quick Ratio: 3.69

Sales & Book Value

Annual Sales: $4.82 billion
Price / Sales: 3.57
Cash Flow: $12.66 per share
Price / Cash Flow: 23.62
Book Value: $52.21 per share
Price / Book: 5.73

Miscellaneous

Outstanding Shares: 57,680,000
Free Float: 55,313,000
Market Cap: $17.25 billion
Optionable: Optionable
Beta: 1.57

Social Links

Key Executives

Arkadiy Dobkin
Chairman, President & Chief Executive Officer

Yuriy Goliyad
Senior Vice President & Head-Global Operations

Jason Peterson
Chief Financial Officer, Treasurer & SVP

Sam Rehman
Chief Information Security Officer & Senior VP

Philip B. Storm
Chief Compliance Officer & Senior Vice President

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

EPAM Stock - Frequently Asked Questions

Should I buy or sell EPAM Systems stock right now?: 13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for EPAM Systems in the last twelve months. There are currently 3 hold ratings and 10 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" EPAM shares.
View EPAM analyst ratings or view top-rated stocks.
What is EPAM Systems' stock price forecast for 2023?: 13 Wall Street research analysts have issued twelve-month target prices for EPAM Systems' stock. Their EPAM share price forecasts range from $370.00 to $475.00. On average, they anticipate the company's stock price to reach $402.14 in the next year. This suggests a possible upside of 34.5% from the stock's current price.
View analysts price targets for EPAM or view top-rated stocks among Wall Street analysts.
How have EPAM shares performed in 2023?: EPAM Systems' stock was trading at $327.74 on January 1st, 2023. Since then, EPAM shares have decreased by 8.8% and is now trading at $299.00.
View the best growth stocks for 2023 here.
Are investors shorting EPAM Systems?: EPAM Systems saw a increase in short interest during the month of February. As of February 28th, there was short interest totaling 790,100 shares, an increase of 11.8% from the February 13th total of 706,800 shares. Based on an average daily volume of 379,600 shares, the days-to-cover ratio is presently 2.1 days. Currently, 1.4% of the company's stock are short sold.
View EPAM Systems' Short Interest.
When is EPAM Systems' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, May 4th 2023.
View our EPAM earnings forecast.
How were EPAM Systems' earnings last quarter?: EPAM Systems, Inc. (NYSE:EPAM) announced its quarterly earnings data on Thursday, November, 4th. The information technology services provider reported $2.42 earnings per share for the quarter, topping the consensus estimate of $2.22 by $0.20. The information technology services provider earned $988.50 million during the quarter, compared to analyst estimates of $964.12 million. EPAM Systems had a net margin of 8.69% and a trailing twelve-month return on equity of 21.55%. The business's revenue was up 51.6% compared to the same quarter last year. During the same period last year, the company posted $1.41 earnings per share.
What ETFs hold EPAM Systems' stock?: ETFs with the largest weight of EPAM Systems (NYSE:EPAM) stock in their portfolio include First Trust Growth Strength ETF (FTGS), Invesco S&P 500 Equal Weight Technology ETF (RYT), QRAFT AI-Enhanced U.S. Large Cap Momentum ETF (AMOM), Global X Founder-Run Companies ETF (BOSS), Harbor Corporate Culture Leaders ETF (HAPY), QRAFT AI-Enhanced U.S. Large Cap ETF (QRFT), Motley Fool Next Index ETF (TMFX) and American Century STOXX U.S. Quality Growth ETF (QGRO).
What guidance has EPAM Systems issued on next quarter's earnings?: EPAM Systems updated its first quarter 2023 earnings guidance on Monday, February, 20th. The company provided earnings per share (EPS) guidance of $2.30-$2.38 for the period, compared to the consensus EPS estimate of $2.79. The company issued revenue guidance of $1.20 billion-$1.21 billion, compared to the consensus revenue estimate of $1.29 billion.

What is Arkadiy Dobkin's approval rating as EPAM Systems' CEO?: 1,406 employees have rated EPAM Systems Chief Executive Officer Arkadiy Dobkin on Glassdoor.com. Arkadiy Dobkin has an approval rating of 94% among the company's employees. This puts Arkadiy Dobkin in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.
What other stocks do shareholders of EPAM Systems own?: Based on aggregate information from My MarketBeat watchlists, some companies that other EPAM Systems investors own include Mastercard (MA), NVIDIA (NVDA), Alibaba Group (BABA), Adobe (ADBE), Salesforce (CRM), Visa (V), PayPal (PYPL), ServiceNow (NOW), Walt Disney (DIS) and Netflix (NFLX).
What is EPAM Systems' stock symbol?: EPAM Systems trades on the New York Stock Exchange (NYSE) under the ticker symbol "EPAM."
How do I buy shares of EPAM Systems?: Shares of EPAM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is EPAM Systems' stock price today?: One share of EPAM stock can currently be purchased for approximately $299.00.
How much money does EPAM Systems make?: EPAM Systems (NYSE:EPAM) has a market capitalization of $17.25 billion and generates $4.82 billion in revenue each year. The information technology services provider earns $419.42 million in net income (profit) each year or $7.08 on an earnings per share basis.
How many employees does EPAM Systems have?: The company employs 59,300 workers across the globe.
Does EPAM Systems have any subsidiaries?: The following companies are subsidiares of EPAM Systems: Alliance Consulting Global Holdings Inc., Alliance Global Services, Alliance Global Services Inc., Alliance Global Services LLC, B2BITS Corporation, CORE, CORE SE, COREtransform Consulting MEA Ltd., COREtransform GmbH, COREtransform Ltd., CYBER R&D LAB LLC, Cloudcrazy Yazilim Danişmanlik Teknoloji Hiz. A.Ş., Cloudworks Arabia Communication and Information Technology Company, Cloudworks Consulting FZ-LLC, Codeweb LLC, Competentum Group, Competentum-USA Ltd., Consultora de Comunicaciones Optiva Media GmbH, Consultora de Telecomunicaciones Optiva Media S.L., Consultora de Telecomunicaciones Optiva Média S.L.- Sucursal EM Portugal, Continuum Innovation LLC, Continuum LLC, Continuum SrL, Danika Limited, Deltix, Dextrys, Diamond Dogs Switzerland GmbH, ENGINIETY, EPAM Consulting BV, EPAM Continuum Shanghai Co. Ltd., EPAM DX LLC, EPAM Digital LLC, EPAM Information Corporate Systems FPUE, EPAM Sistemos UAB, EPAM Solutions LLC, EPAM Solutions Ltd., EPAM Systems ApS, EPAM Systems Asia Limited, EPAM Systems Australia Pty. Ltd., EPAM Systems Austria GmbH, EPAM Systems Belgium, EPAM Systems Brazil LTDA., EPAM Systems Bulgaria EOOD, EPAM Systems Canada Ltd., EPAM Systems Colombia S.A.S, EPAM Systems Cyprus Limited, EPAM Systems Czech Republic s.r.o., EPAM Systems Dominicana SRL, EPAM Systems FE LLC, EPAM Systems FLLC, EPAM Systems FZ-LLC, EPAM Systems France, EPAM Systems Georgia LLC, EPAM Systems GmbH, EPAM Systems Hong Kong Limited, EPAM Systems India Private Limited, EPAM Systems International SRL, EPAM Systems Ireland Limited, EPAM Systems Japan G.K., EPAM Systems Kft, EPAM Systems LLC, EPAM Systems LLC, EPAM Systems LLC Kyrgyzstan, EPAM Systems Ltd., EPAM Systems Malaysia S.D.N.B.H.D., EPAM Systems Mexico S. de R.L. de C.V., EPAM Systems Montenegro d.o.o., EPAM Systems Netherlands B.V., EPAM Systems Netherlands BV, EPAM Systems Nordic AB, EPAM Systems PTE Ltd., EPAM Systems Philippines, EPAM Systems Poland Sp. z o.o., EPAM Systems SIA, EPAM Systems SRL, EPAM Systems Shenzhen Co. Ltd., EPAM Systems Spain SL, EPAM Systems Suzhou Co. Ltd., EPAM Systems Switzerland GmbH, EPAM Systems Vietnam Company Limited, EPAM Systems d.o.o., EPAM Systems d.o.o. Beograd, EPAM Systems s.r.o., EPAM Upskill LLC, Emakina, Emakina Asia PTE Ltd, Emakina Branch QFC, Emakina Central & Eastern Europe GmbH, Emakina Commerce AB, Emakina DBG AB, Emakina FZ-LLC, Emakina Group SA, Emakina INDIA Private Limited, Emakina Influx SAS, Emakina Lb. S.A.L., Emakina Turkey LTD Emakina Bilgisayar Yazilim Ltd Şti, Emakina ZA Proprietary Limited, Emakina. CH SA, Emakina.BE SA, Emakina.DE GmbH, Emakina.FR SA, Emakina.HR d.o.o, Emakina.NL BV, Emakina.PL Sp. z.o.o, Emakina.RS d.o.o. Novi Sad, Emakina.SG PTE Ltd, Emakina.UK Ltd., Emakina.US Inc., Empathy Lab, GGA Software Services, Great Fridays, Great Fridays Inc., Great Fridays Ltd, Guangzhou EPAM Systems Co. Ltd., Instant Information, J8 Corp, JUST BI SDN BHD, Joint Technology Development, Just-BI, Just-BI BV, LLP EPAM Kazakhstan, Metadatol S.L., NAYA Tech, Navigation Arts, Navigation Arts Inc., Navigation Arts LLC, Naya P.A.I. Technologies Inc., Naya P.A.I. Technologies Ltd., NetLounge Internet Media Services GmbH, Netsoft USA, Optiva Media, POLSOURCE Ltd, PolSource, PolSource Inc., PolSource S.A., Ricston Limited, Ricston UK Limited, S4N America Inc., S4N Beyond S.A.S., S4N Holding Inc., S4N LLC, S4N Mexico S.C., S4N Panama S.A., S4N S.A.S., Seven4N, Seven4n S.A.S., Shanghai EPAM Systems Co. Ltd., Shareknowledge Inc., Test IO GmbH, The Reference NV BE, The Reference.US Inc., Think Limited, Thoughtcorp, Vested Development Inc., Vested Development Inc., White Hat, WhiteHat Cyberlabs Ltd, WhiteHat Ltd, WittyCommerce Bilgisayar Yazilim Ticaret A.Ş., test IO, and test IO Inc..
Read More
How can I contact EPAM Systems?: EPAM Systems' mailing address is 41 UNIVERSITY DRIVE SUITE 202, NEWTOWN PA, 18940. The official website for the company is www.epam.com. The information technology services provider can be reached via phone at (267) 759-9000, via email at investor_relations@epam.com, or via fax at 267-759-8989.

This page (NYSE:EPAM) was last updated on 4/2/2023 by MarketBeat.com Staff

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EPAM Systems - EPAM Stock Forecast, Price & News

EPAM Systems MarketRank™ Forecast

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

Environmental Sustainability

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About EPAM Systems (NYSE:EPAM) Stock

EPAM Stock News Headlines

EPAM Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Social Links

Key Executives

Key Competitors

Insiders & Institutions

EPAM Stock - Frequently Asked Questions

Overall MarketRank^™