EPAM Systems (NYSE:EPAM – Get Free Report) was downgraded by research analysts at JPMorgan Chase & Co. from an “overweight” rating to a “neutral” rating in a report released on Wednesday, Marketbeat.com reports. They currently have a $120.00 target price on the information technology services provider’s stock. JPMorgan Chase & Co.‘s target price points to a potential upside of 7.14% from the company’s previous close.
A number of other analysts have also recently issued reports on EPAM. Citigroup reduced their price objective on EPAM Systems from $112.00 to $100.00 and set a “neutral” rating for the company in a research report on Monday, July 27th. Wedbush initiated coverage on EPAM Systems in a research report on Monday, June 15th. They issued a “neutral” rating and a $99.00 target price on the stock. Susquehanna cut their price target on EPAM Systems from $167.00 to $146.00 and set a “positive” rating for the company in a research note on Friday, August 7th. Stifel Nicolaus set a $135.00 price target on EPAM Systems in a report on Thursday, August 6th. Finally, Deutsche Bank Aktiengesellschaft reissued a “hold” rating and issued a $85.00 price target on shares of EPAM Systems in a research note on Friday, July 10th. Six investment analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $116.47.
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EPAM Systems Stock Up 0.7%
EPAM Systems (NYSE:EPAM – Get Free Report) last issued its earnings results on Thursday, August 6th. The information technology services provider reported $3.38 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.16 by $0.22. EPAM Systems had a net margin of 7.15% and a return on equity of 15.84%. The company had revenue of $1.41 billion during the quarter, compared to analyst estimates of $1.41 billion. During the same quarter last year, the business posted $2.77 EPS. The company’s revenue for the quarter was up 4.6% on a year-over-year basis. EPAM Systems has set its FY 2026 guidance at 13.080-13.240 EPS and its Q3 2026 guidance at 3.380-3.460 EPS. On average, research analysts predict that EPAM Systems will post 10.48 EPS for the current fiscal year.
Hedge Funds Weigh In On EPAM Systems
Several hedge funds have recently bought and sold shares of the business. Sunbelt Securities Inc. lifted its position in shares of 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 buying an additional 127 shares during the last quarter. CYBER HORNET ETFs LLC acquired a new position in shares of EPAM Systems during the 2nd quarter valued at about $27,000. 1248 Management LLC bought a new position in shares of EPAM Systems in the 4th quarter valued at approximately $32,000. Rothschild Investment LLC raised its stake in shares of EPAM Systems by 51.4% in the 4th quarter. Rothschild Investment LLC now owns 159 shares of the information technology services provider’s stock valued at $33,000 after acquiring an additional 54 shares in the last quarter. Finally, MUFG Securities EMEA plc acquired a new stake in EPAM Systems in the 2nd quarter worth approximately $30,000. 91.58% of the stock is owned by institutional investors and hedge funds.
EPAM Systems Company Profile
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.
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