EPAM Systems, Inc. (NYSE:EPAM) Sees Significant Growth in Short Interest

EPAM Systems, Inc. (NYSE:EPAM) was the recipient of a significant growth in short interest in the month of March. As of March 13th, there was short interest totaling 6,691,351 shares, a growth of 45.9% from the February 26th total of 4,587,520 shares. Currently, 12.9% of the company’s stock are short sold. Based on an average daily trading volume, of 1,358,924 shares, the short-interest ratio is currently 4.9 days.

Hedge Funds Weigh In On EPAM Systems

A number of hedge funds have recently added to or reduced their stakes in the company. Manning & Napier Advisors LLC bought a new position in EPAM Systems during the third quarter valued at approximately $25,000. Sunbelt Securities Inc. grew its position in EPAM Systems by 4,233.3% in the fourth quarter. Sunbelt Securities Inc. now owns 130 shares of the information technology services provider’s stock worth $27,000 after acquiring an additional 127 shares in the last quarter. CYBER HORNET ETFs LLC bought a new stake in EPAM Systems in the second quarter worth approximately $27,000. True Wealth Design LLC increased its stake in shares of EPAM Systems by 1,870.0% during the 3rd quarter. True Wealth Design LLC now owns 197 shares of the information technology services provider’s stock worth $30,000 after purchasing an additional 187 shares during the last quarter. Finally, MUFG Securities EMEA plc bought a new position in shares of EPAM Systems during the 2nd quarter valued at $30,000. Institutional investors and hedge funds own 91.58% of the company’s stock.

EPAM Systems Stock Down 0.7%

Shares of NYSE:EPAM traded down $0.90 during midday trading on Friday, hitting $135.25. 989,614 shares of the stock were exchanged, compared to its average volume of 1,316,144. The company has a market capitalization of $7.32 billion, a PE ratio of 20.10, a P/E/G ratio of 1.31 and a beta of 1.77. EPAM Systems has a 52-week low of $125.57 and a 52-week high of $222.53. The company has a debt-to-equity ratio of 0.01, a quick ratio of 2.59 and a current ratio of 2.59. The business’s fifty day simple moving average is $163.74 and its two-hundred day simple moving average is $173.84.

EPAM Systems (NYSE:EPAM) last issued its earnings results on Thursday, February 19th. The information technology services provider reported $3.26 EPS for the quarter, beating analysts’ consensus estimates of $3.16 by $0.10. EPAM Systems had a return on equity of 13.57% and a net margin of 6.92%.The firm had revenue of $1.41 billion for the quarter, compared to the consensus estimate of $1.39 billion. During the same quarter in the previous year, the company posted $2.84 earnings per share. The business’s quarterly revenue was up 12.8% compared to the same quarter last year. 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. As a group, research analysts predict that EPAM Systems will post 8.9 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of brokerages have commented on EPAM. Truist Financial decreased their price objective on EPAM Systems from $220.00 to $146.00 and set a “hold” rating for the company in a research report on Friday, February 20th. Wells Fargo & Company dropped their target price on EPAM Systems from $247.00 to $195.00 and set an “overweight” rating on the stock in a report on Friday, February 20th. Mizuho increased their price target on shares of EPAM Systems from $199.00 to $200.00 and gave the stock an “outperform” rating in a research report on Monday, March 16th. Zacks Research cut shares of EPAM Systems from a “strong-buy” rating to a “hold” rating in a report on Wednesday, January 28th. Finally, Morgan Stanley set a $160.00 price objective on shares of EPAM Systems in a research report on Friday, February 20th. Eleven analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $196.06.

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.