EPAM Systems (NYSE:EPAM) Shares Down 4.5% – What’s Next?

EPAM Systems, Inc. (NYSE:EPAM)’s stock price fell 4.5% on Friday. The company traded as low as $109.31 and last traded at $109.2350. 105,558 shares changed hands during trading, a decline of 93% from the average daily volume of 1,506,707 shares. The stock had previously closed at $114.35.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on EPAM shares. Stifel Nicolaus set a $135.00 price target on shares of EPAM Systems in a research report on Thursday, August 6th. William Blair lowered shares of EPAM Systems from an “outperform” rating to a “market perform” rating in a research note on Thursday, August 6th. Needham & Company LLC reduced their price objective on shares of EPAM Systems from $135.00 to $120.00 and set a “buy” rating for the company in a report on Thursday, August 6th. JPMorgan Chase & Co. downgraded shares of EPAM Systems from an “overweight” rating to a “neutral” rating and set a $120.00 target price for the company. in a research report on Wednesday, August 26th. Finally, Morgan Stanley set a $97.00 target price on shares of EPAM Systems in a report on Friday, August 7th. Six investment analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, EPAM Systems presently has a consensus rating of “Hold” and a consensus price target of $116.47.

EPAM Systems Stock Performance

The company’s 50 day moving average price is $109.16 and its 200-day moving average price is $107.13. The stock has a market cap of $5.64 billion, a P/E ratio of 14.82, a price-to-earnings-growth ratio of 1.13 and a beta of 1.39. The company has a debt-to-equity ratio of 0.01, a quick ratio of 2.75 and a current ratio of 2.75.

EPAM Systems (NYSE:EPAM) last released its quarterly earnings results on Thursday, August 6th. The information technology services provider reported $3.38 earnings per share 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 for the quarter, compared to analyst estimates of $1.41 billion. During the same period last year, the firm earned $2.77 earnings per share. The firm’s revenue 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. Equities analysts forecast that EPAM Systems, Inc. will post 10.47 EPS for the current fiscal year.

Hedge Funds Weigh In On EPAM Systems

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Rothschild Investment LLC increased its position in shares of EPAM Systems by 51.4% during the fourth 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 during the last quarter. Hantz Financial Services Inc. boosted its position in EPAM Systems by 156.4% in the fourth quarter. Hantz Financial Services Inc. now owns 241 shares of the information technology services provider’s stock worth $49,000 after purchasing an additional 147 shares during the last quarter. Clearstead Advisors LLC boosted its position in EPAM Systems by 60.3% in the fourth quarter. Clearstead Advisors LLC now owns 242 shares of the information technology services provider’s stock worth $50,000 after purchasing an additional 91 shares during the last quarter. SHP Wealth Management bought a new position in EPAM Systems in the 4th quarter valued at $62,000. Finally, Signaturefd LLC grew its stake in EPAM Systems by 1,068.3% in the 2nd quarter. Signaturefd LLC now owns 479 shares of the information technology services provider’s stock valued at $38,000 after purchasing an additional 438 shares during the period. Hedge funds and other institutional investors own 91.58% of the company’s stock.

About EPAM Systems

EPAM Systems, Inc (NYSE: EPAM) is a global digital engineering and technology services company that helps businesses design, build and modernize software and digital platforms. Its services include software development, product and platform engineering, cloud services, data and analytics, artificial intelligence, cybersecurity, and technology consulting.

The company works with clients across industries including financial services, healthcare, life sciences, retail, travel and consumer products, media, telecommunications, and energy.