EPAM Systems - EPAM Stock Forecast, Price & News

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for EPAM Systems in the last year. There are currently 1 hold rating and 11 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" EPAM shares.
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12 Wall Street analysts have issued 1-year price objectives for EPAM Systems' shares. Their EPAM share price forecasts range from $385.00 to $475.00. On average, they expect the company's share price to reach $416.20 in the next year. This suggests a possible upside of 18.0% from the stock's current price.
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EPAM Systems' stock was trading at $327.74 at the start of the year. Since then, EPAM stock has increased by 7.6% and is now trading at $352.77.
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EPAM Systems saw a drop in short interest in January. As of January 15th, there was short interest totaling 848,500 shares, a drop of 14.9% from the December 31st total of 996,800 shares. Based on an average daily trading volume, of 365,000 shares, the days-to-cover ratio is currently 2.3 days. Approximately 1.5% 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 will be holding an earnings conference call on Thursday, February 16th at 8:00 AM Eastern. Interested parties can register for or listen to the call using this link.

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 8.65% and a trailing twelve-month return on equity of 22.12%. The business's revenue was up 51.6% compared to the same quarter last year. 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 (EPS) guidance of $2.62-$2.70 for the period, compared to the consensus 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 retail and institutional investors. Top institutional shareholders include Pendal Group Ltd (0.44%), Sumitomo Mitsui Trust Holdings Inc. (0.28%), State of Michigan Retirement System (0.24%), New York State Common Retirement Fund (0.14%), State of New Jersey Common Pension Fund D (0.14%) and Natixis Advisors L.P. (0.07%). 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 $352.77.

EPAM Systems (NYSE:EPAM) has a market capitalization of $20.29 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.