Brokerages Set EPAM Systems, Inc. (NYSE:EPAM) Target Price at $116.47

EPAM Systems, Inc. (NYSE:EPAM) has earned a consensus recommendation of “Hold” from the seventeen ratings firms that are presently covering the stock, MarketBeat.com reports. One investment analyst has rated the stock with a sell recommendation, ten have given a hold recommendation and six have assigned a buy recommendation to the company. The average twelve-month price target among analysts that have covered the stock in the last year is $116.4667.

EPAM has been the topic of several recent research reports. Weiss Ratings reissued a “sell (d+)” rating on shares of EPAM Systems in a report on Tuesday, August 4th. Stifel Nicolaus set a $135.00 price objective on EPAM Systems in a research note on Thursday, August 6th. Citigroup dropped their target price on EPAM Systems from $112.00 to $100.00 and set a “neutral” rating on the stock in a research report on Monday, July 27th. Wedbush began coverage on EPAM Systems in a research note on Monday, June 15th. They issued a “neutral” rating and a $99.00 target price on the stock. Finally, TD Cowen reduced their price target on shares of EPAM Systems from $131.00 to $120.00 and set a “buy” rating for the company in a report on Friday, August 7th.

EPAM Systems Price Performance

EPAM opened at $117.10 on Tuesday. The firm has a market cap of $6.04 billion, a price-to-earnings ratio of 15.87, a price-to-earnings-growth ratio of 1.20 and a beta of 1.38. EPAM Systems has a fifty-two week low of $73.06 and a fifty-two week high of $222.53. The company’s 50-day moving average price is $104.48 and its 200 day moving average price is $109.33. The company has a quick ratio of 2.75, a current ratio of 2.75 and a debt-to-equity ratio of 0.01.

EPAM Systems (NYSE:EPAM) last issued its earnings results on Thursday, August 6th. The information technology services provider reported $3.38 EPS for the quarter, beating analysts’ consensus estimates of $3.16 by $0.22. The company had revenue of $1.41 billion during the quarter, compared to the consensus estimate of $1.41 billion. EPAM Systems had a return on equity of 15.84% and a net margin of 7.15%.EPAM Systems’s quarterly revenue was up 4.6% compared to the same quarter last year. During the same period in the previous year, the firm posted $2.77 earnings per share. 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. As a group, sell-side analysts expect that EPAM Systems will post 10.47 earnings per share for the current year.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of EPAM. BlackRock Inc. acquired a new stake in EPAM Systems in the second quarter worth about $526,684,000. Capital World Investors increased its stake in EPAM Systems by 59.4% during the 4th quarter. Capital World Investors now owns 3,679,590 shares of the information technology services provider’s stock valued at $753,874,000 after buying an additional 1,371,557 shares during the period. Boston Partners acquired a new position in EPAM Systems during the 4th quarter valued at about $349,428,000. Dimensional Fund Advisors LP raised its position in shares of EPAM Systems by 25.8% during the 1st quarter. Dimensional Fund Advisors LP now owns 1,069,284 shares of the information technology services provider’s stock worth $144,789,000 after buying an additional 219,388 shares in the last quarter. Finally, Brandes Investment Partners LP raised its position in shares of EPAM Systems by 19.6% during the 4th quarter. Brandes Investment Partners LP now owns 983,830 shares of the information technology services provider’s stock worth $201,570,000 after buying an additional 161,280 shares in the last quarter. 91.58% of the stock is owned by institutional investors and hedge funds.

EPAM Systems Company Profile

EPAM Systems, Inc is a global digital engineering and technology services company that helps businesses design, develop and modernize software and digital products. Its services include software engineering, product development, platform engineering, cloud transformation, data and analytics, artificial intelligence, cybersecurity, consulting and experience design.

EPAM serves clients across industries such as financial services, healthcare, life sciences, retail, travel and hospitality, media, telecommunications, energy and manufacturing.