EPAM Systems - EPAM Stock Forecast, Price & News

12 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for EPAM Systems in the last twelve months. There are currently 12 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" EPAM shares.
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12 brokers have issued 1-year target prices for EPAM Systems' stock. Their EPAM share price forecasts range from $385.00 to $750.00. On average, they expect the company's stock price to reach $473.33 in the next year. This suggests a possible upside of 32.6% 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 shares have decreased by 46.6% and is now trading at $356.98.
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EPAM Systems saw a increase in short interest during the month of August. As of August 15th, there was short interest totaling 1,180,000 shares, an increase of 22.1% from the July 31st total of 966,600 shares. Based on an average daily trading volume, of 535,900 shares, the short-interest ratio is presently 2.2 days. Currently, 2.1% of the shares of the stock are short sold.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, November 3rd 2022.
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EPAM Systems, Inc. (NYSE:EPAM) announced its earnings results on Thursday, August, 4th. The information technology services provider reported $2.38 EPS for the quarter, topping analysts' consensus estimates of $1.71 by $0.67. The information technology services provider earned $1.19 billion during the quarter, compared to the consensus estimate of $1.12 billion. EPAM Systems had a net margin of 8.21% and a trailing twelve-month return on equity of 21.72%. EPAM Systems's quarterly revenue was up 35.5% compared to the same quarter last year. During the same period in the previous year, the company posted $1.90 earnings per share.

EPAM Systems issued an update on its third quarter 2022 earnings guidance on Thursday, August, 18th. The company provided earnings per share (EPS) guidance of $2.48- for the period, compared to the consensus EPS estimate of $1.99. The company issued revenue guidance of $1.21B-, compared to the consensus revenue estimate of $1.18 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 number of retail and institutional investors. Top institutional investors include WCM Investment Management LLC (4.64%), JPMorgan Chase & Co. (4.60%), State Street Corp (3.80%), FMR LLC (2.05%), Northern Trust Corp (1.24%) and UBS Asset Management Americas Inc. (1.16%). 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 $356.98.

EPAM Systems (NYSE:EPAM) has a market capitalization of $20.48 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 $6.19 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.