EPAM Systems, Inc. (NYSE:EPAM) Given Average Recommendation of “Hold” by Brokerages

EPAM Systems, Inc. (NYSE:EPAM) has earned an average recommendation of “Hold” from the seventeen ratings firms that are covering the firm, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, ten have given a hold recommendation and six have given a buy recommendation to the company. The average 12-month price target among brokerages that have issued a report on the stock in the last year is $116.4667.

EPAM has been the subject of a number of research reports. Citigroup lowered their price objective on shares of EPAM Systems from $112.00 to $100.00 and set a “neutral” rating for the company in a research note on Monday, July 27th. Morgan Stanley set a $97.00 target price on shares of EPAM Systems in a research report on Friday, August 7th. JPMorgan Chase & Co. lowered shares of EPAM Systems from an “overweight” rating to a “neutral” rating and set a $120.00 price target for the company. in a report on Wednesday, August 26th. Mizuho set a $130.00 price target on shares of EPAM Systems in a research report on Monday, August 10th. Finally, Jefferies Financial Group downgraded shares of EPAM Systems from a “buy” rating to a “hold” rating and dropped their price objective for the company from $130.00 to $110.00 in a research note on Friday, May 29th.

EPAM Systems Trading Down 1.0%

EPAM opened at $112.86 on Tuesday. The company has a quick ratio of 2.75, a current ratio of 2.75 and a debt-to-equity ratio of 0.01. The stock’s fifty day moving average is $105.62 and its two-hundred day moving average is $108.96. The company has a market capitalization of $5.82 billion, a P/E ratio of 15.29, a PEG ratio of 1.17 and a beta of 1.38. EPAM Systems has a 52 week low of $73.06 and a 52 week high of $222.53.

EPAM Systems (NYSE:EPAM) last issued its earnings results on Thursday, August 6th. The information technology services provider reported $3.38 earnings per share for the quarter, topping the consensus estimate of $3.16 by $0.22. EPAM Systems had a return on equity of 15.84% and a net margin of 7.15%.The business had revenue of $1.41 billion during the quarter, compared to analysts’ expectations of $1.41 billion. During the same period in the prior year, the business earned $2.77 EPS. The business’s revenue for the quarter was up 4.6% compared to the same quarter last year. 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. Analysts forecast that EPAM Systems will post 10.47 earnings per share for the current year.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. Arrowstreet Capital Limited Partnership lifted its stake in shares of EPAM Systems by 7.8% during the first quarter. Arrowstreet Capital Limited Partnership now owns 348,586 shares of the information technology services provider’s stock worth $47,199,000 after buying an additional 25,152 shares during the period. Bank Hapoalim BM acquired a new position in shares of EPAM Systems in the 2nd quarter valued at $1,491,000. Bank of America Corp DE raised its stake in EPAM Systems by 15.9% in the 1st quarter. Bank of America Corp DE now owns 624,699 shares of the information technology services provider’s stock worth $84,584,000 after acquiring an additional 85,480 shares during the last quarter. Lazard Asset Management LLC lifted its position in EPAM Systems by 82.2% during the 1st quarter. Lazard Asset Management LLC now owns 39,326 shares of the information technology services provider’s stock worth $5,325,000 after acquiring an additional 17,737 shares during the period. Finally, Oppenheimer Asset Management Inc. acquired a new stake in EPAM Systems during the 2nd quarter worth about $9,315,000. 91.58% of the stock is currently owned by hedge funds and other institutional investors.

About EPAM Systems

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.