EPAM Systems (NYSE:EPAM) Updates FY 2026 Earnings Guidance

EPAM Systems (NYSE:EPAM) issued an update on its FY 2026 earnings guidance on Thursday morning. The company provided earnings per share guidance of 12.600-12.900 for the period, compared to the consensus earnings per share estimate of 11.470. The company issued revenue guidance of $5.7 billion-$5.9 billion, compared to the consensus revenue estimate of $5.8 billion. EPAM Systems also updated its Q1 2026 guidance to 2.700-2.780 EPS.

Analysts Set New Price Targets

Several equities analysts have commented on EPAM shares. JPMorgan Chase & Co. upped their price target on EPAM Systems from $201.00 to $215.00 and gave the company an “overweight” rating in a report on Friday, November 7th. Weiss Ratings restated a “hold (c-)” rating on shares of EPAM Systems in a research report on Monday, December 29th. TD Cowen reaffirmed a “buy” rating on shares of EPAM Systems in a research report on Friday, January 9th. Citigroup boosted their price target on shares of EPAM Systems from $170.00 to $225.00 and gave the company a “neutral” rating in a report on Thursday, January 29th. Finally, Mizuho raised their price objective on shares of EPAM Systems from $225.00 to $228.00 and gave the stock an “outperform” rating in a report on Tuesday, November 11th. Ten investment analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, EPAM Systems presently has an average rating of “Moderate Buy” and an average price target of $214.20.

EPAM Systems Stock Up 3.5%

EPAM opened at $167.87 on Thursday. EPAM Systems has a twelve month low of $138.15 and a twelve month high of $261.50. The firm has a market cap of $9.27 billion, a price-to-earnings ratio of 25.63, a PEG ratio of 1.94 and a beta of 1.72. The firm’s 50-day simple moving average is $203.12 and its 200-day simple moving average is $178.98. The company has a debt-to-equity ratio of 0.01, a quick ratio of 3.02 and a current ratio of 3.02.

EPAM Systems (NYSE:EPAM) last posted its earnings results on Thursday, February 19th. The information technology services provider reported $2.62 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $3.16 by ($0.54). EPAM Systems had a net margin of 7.01% and a return on equity of 13.16%. EPAM Systems has set its FY 2026 guidance at 12.600-12.900 EPS and its Q1 2026 guidance at 2.700-2.780 EPS. Equities research analysts anticipate that EPAM Systems will post 8.9 EPS for the current fiscal year.

Insider Buying and Selling at EPAM Systems

In other EPAM Systems news, SVP Boris Shnayder sold 5,000 shares of the firm’s stock in a transaction dated Wednesday, December 10th. The shares were sold at an average price of $207.00, for a total value of $1,035,000.00. Following the completion of the sale, the senior vice president owned 15,645 shares in the company, valued at approximately $3,238,515. This trade represents a 24.22% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Company insiders own 4.30% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the stock. Corient Private Wealth LLC boosted its stake in EPAM Systems by 5,140.2% in the fourth quarter. Corient Private Wealth LLC now owns 171,931 shares of the information technology services provider’s stock valued at $35,225,000 after acquiring an additional 168,650 shares during the last quarter. Alberta Investment Management Corp acquired a new stake in shares of EPAM Systems in the 4th quarter valued at approximately $1,741,000. Mercer Global Advisors Inc. ADV boosted its stake in EPAM Systems by 90.7% during the 4th quarter. Mercer Global Advisors Inc. ADV now owns 6,989 shares of the information technology services provider’s stock worth $1,432,000 after acquiring an additional 3,325 shares during the last quarter. Vident Advisory LLC acquired a new position in EPAM Systems during the fourth quarter valued at approximately $217,000. Finally, State of Tennessee Department of Treasury raised its holdings in EPAM Systems by 33.8% in the fourth quarter. State of Tennessee Department of Treasury now owns 20,563 shares of the information technology services provider’s stock worth $4,289,000 after purchasing an additional 5,190 shares during the period. Institutional investors own 91.58% of the company’s stock.

About EPAM Systems

EPAM Systems, Inc is a global provider of digital platform engineering and software development services. The company partners with clients across industries—such as financial services, healthcare, retail, and technology—to design, develop, and maintain complex software applications and digital experiences. EPAM’s offerings include custom software development, application management, infrastructure management, quality assurance, and testing services, enabling organizations to accelerate digital transformation and enhance operational efficiency.

In addition to its core engineering capabilities, EPAM delivers a range of specialized services, including product design and consulting, data and analytics, cloud computing, DevOps, and cybersecurity.