EPAM Systems - EPAM Stock Forecast, Price & News

12 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for EPAM Systems in the last year. There are currently 12 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" EPAM shares.
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12 analysts have issued 12-month price targets for EPAM Systems' stock. Their EPAM share price forecasts range from $385.00 to $475.00. On average, they anticipate the company's share price to reach $419.87 in the next twelve months. This suggests a possible upside of 13.5% from the stock's current price.
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EPAM Systems' stock was trading at $668.45 at the beginning of 2022. Since then, EPAM stock has decreased by 44.7% and is now trading at $369.84.
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EPAM Systems saw a increase in short interest in the month of October. As of October 31st, there was short interest totaling 979,500 shares, an increase of 7.2% from the October 15th total of 913,600 shares. Based on an average trading volume of 401,800 shares, the short-interest ratio is currently 2.4 days. Approximately 1.8% of the company's stock are sold short.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, February 16th 2023.
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EPAM Systems, Inc. (NYSE:EPAM) released its quarterly earnings results on Thursday, November, 4th. The information technology services provider reported $2.42 EPS for the quarter, beating analysts' consensus estimates of $2.22 by $0.20. The information technology services provider had revenue of $988.50 million for the quarter, compared to analysts' expectations of $964.12 million. EPAM Systems had a trailing twelve-month return on equity of 22.12% and a net margin of 8.65%. The firm's revenue for the quarter was up 51.6% on a year-over-year basis. During the same period in the prior year, the business posted $1.41 earnings per share.

EPAM Systems updated its fourth quarter 2022 earnings guidance on Thursday, November, 10th. The company provided earnings per share guidance of $2.62-$2.70 for the period, compared to the consensus EPS estimate of $2.61. The company issued revenue guidance of $1.22 billion-$1.23 billion, compared to the consensus revenue estimate of $1.24 billion.

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.

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).

EPAM Systems trades on the New York Stock Exchange (NYSE) under the ticker symbol "EPAM."

EPAM Systems' stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (11.06%), BlackRock Inc. (6.87%), WCM Investment Management LLC (6.27%), Alliancebernstein L.P. (4.89%), State Street Corp (3.80%) and Lone Pine Capital LLC (2.16%). Insiders that own company stock include Arkadiy Dobkin, Balazs Fejes, Boris Shnayder, Elaina Shekhter, Gary C Abrahams, Jason D Peterson, Jason D Peterson, Jason Harman, Karl Robb, Lawrence F Solomon, Richard Michael Mayoras, Robert E Segert, Ronald P Vargo, Sergey Yezhkov and Viktar Dvorkin.
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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.
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One share of EPAM stock can currently be purchased for approximately $369.84.

EPAM Systems (NYSE:EPAM) has a market capitalization of $21.27 billion and generates $3.76 billion in revenue each year. The information technology services provider earns $481.65 million in net income (profit) each year or $6.87 on an earnings per share basis.

The company employs 58,000 workers across the globe.

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.