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

EPAM Systems (NYSE:EPAM) updated its FY 2026 earnings guidance on Saturday. The company provided earnings per share (EPS) guidance of 12.980-13.280 for the period, compared to the consensus estimate of 12.190. The company issued revenue guidance of $5.7 billion-$5.8 billion, compared to the consensus revenue estimate of $5.8 billion.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on the company. JPMorgan Chase & Co. cut their price target on EPAM Systems from $215.00 to $183.00 and set an “overweight” rating for the company in a report on Friday, February 20th. TD Cowen cut their price target on EPAM Systems from $220.00 to $213.00 and set a “buy” rating for the company in a report on Monday, April 6th. Morgan Stanley set a $112.00 price target on EPAM Systems in a report on Friday, May 8th. Wall Street Zen cut EPAM Systems from a “buy” rating to a “hold” rating in a research report on Saturday, March 14th. Finally, Wells Fargo & Company lowered their price objective on EPAM Systems from $195.00 to $151.00 and set an “overweight” rating on the stock in a research report on Friday, May 8th. Seven research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $152.00.

EPAM Systems Stock Performance

EPAM opened at $102.65 on Friday. The stock has a market cap of $5.36 billion, a PE ratio of 14.73, a P/E/G ratio of 0.94 and a beta of 1.45. The company has a current ratio of 2.67, a quick ratio of 2.67 and a debt-to-equity ratio of 0.05. EPAM Systems has a 1 year low of $89.25 and a 1 year high of $222.53. The stock’s 50 day simple moving average is $118.22 and its 200-day simple moving average is $162.05.

EPAM Systems (NYSE:EPAM) last released its quarterly earnings data on Wednesday, May 6th. The information technology services provider reported $2.86 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.75 by $0.11. EPAM Systems had a return on equity of 14.71% and a net margin of 6.96%.The business had revenue of $1.40 billion for the quarter, compared to analysts’ expectations of $1.39 billion. During the same period in the previous year, the business posted $2.41 earnings per share. EPAM Systems’s quarterly revenue was up 7.6% on a year-over-year basis. Sell-side analysts forecast that EPAM Systems will post 10.41 EPS for the current year.

Institutional Trading of EPAM Systems

A number of large investors have recently bought and sold shares of the stock. JPMorgan Chase & Co. grew its position in EPAM Systems by 56.9% in the fourth quarter. JPMorgan Chase & Co. now owns 1,147,930 shares of the information technology services provider’s stock valued at $235,188,000 after acquiring an additional 416,324 shares during the period. Dimensional Fund Advisors LP grew its position in EPAM Systems by 9.7% in the fourth quarter. Dimensional Fund Advisors LP now owns 849,896 shares of the information technology services provider’s stock valued at $174,130,000 after acquiring an additional 75,211 shares during the period. Price T Rowe Associates Inc. MD grew its position in EPAM Systems by 849.3% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 784,101 shares of the information technology services provider’s stock valued at $160,649,000 after acquiring an additional 701,500 shares during the period. Alyeska Investment Group L.P. grew its holdings in shares of EPAM Systems by 79.1% during the third quarter. Alyeska Investment Group L.P. now owns 644,988 shares of the information technology services provider’s stock worth $97,258,000 after purchasing an additional 284,840 shares during the last quarter. Finally, Millennium Management LLC grew its holdings in shares of EPAM Systems by 84.1% during the fourth quarter. Millennium Management LLC now owns 618,278 shares of the information technology services provider’s stock worth $126,673,000 after purchasing an additional 282,499 shares during the last quarter. 91.58% of the stock is currently owned by institutional investors.

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.