EPAM Systems, Inc. (NYSE:EPAM) Stock Has Average Price Target of $116.47

EPAM Systems, Inc. (NYSE:EPAM) has been assigned a consensus rating of “Hold” from the seventeen analysts that are currently covering the firm, Marketbeat.com reports. One equities research analyst has rated the stock with a sell rating, ten have assigned a hold rating and six have given a buy rating to the company. The average twelve-month target price among analysts that have covered the stock in the last year is $116.47.

A number of equities research analysts recently issued reports on EPAM shares. William Blair cut shares of EPAM Systems from an “outperform” rating to a “market perform” rating in a research note on Thursday, August 6th. Morgan Stanley set a $97.00 price target on shares of EPAM Systems in a report on Friday, August 7th. Weiss Ratings restated a “sell (d+)” rating on shares of EPAM Systems in a research report on Tuesday, August 4th. Stifel Nicolaus set a $135.00 price objective on shares of EPAM Systems in a report on Thursday, August 6th. Finally, TD Cowen decreased their price objective on shares of EPAM Systems from $131.00 to $120.00 and set a “buy” rating on the stock in a report on Friday, August 7th.

EPAM Systems Stock Performance

Shares of EPAM stock opened at $112.90 on Friday. The company has a current ratio of 2.75, a quick ratio of 2.75 and a debt-to-equity ratio of 0.01. EPAM Systems has a 12-month low of $73.06 and a 12-month high of $222.53. The business’s 50 day moving average is $110.50 and its two-hundred day moving average is $105.90. The company has a market capitalization of $5.82 billion, a P/E ratio of 15.30, a P/E/G ratio of 1.18 and a beta of 1.39.

EPAM Systems (NYSE:EPAM) last posted its quarterly earnings data 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 business had revenue of $1.41 billion during the quarter, compared to analysts’ expectations of $1.41 billion. EPAM Systems had a return on equity of 15.84% and a net margin of 7.15%. The business’s revenue was up 4.6% compared to the same quarter last year. During the same period in the previous year, the business earned $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. Analysts expect that EPAM Systems will post 10.47 EPS for the current fiscal year.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of the stock. Arrowstreet Capital Limited Partnership boosted its holdings in shares of EPAM Systems by 7.8% during the 1st quarter. Arrowstreet Capital Limited Partnership now owns 348,586 shares of the information technology services provider’s stock worth $47,199,000 after purchasing an additional 25,152 shares during the last quarter. Bank Hapoalim BM acquired a new stake in shares of EPAM Systems in the second quarter valued at approximately $1,491,000. Bank of America Corp DE increased its holdings in shares of EPAM Systems by 15.9% in the first quarter. Bank of America Corp DE now owns 624,699 shares of the information technology services provider’s stock valued at $84,584,000 after purchasing an additional 85,480 shares during the last quarter. Tidal Investments LLC lifted its position in EPAM Systems by 23.0% during the second quarter. Tidal Investments LLC now owns 79,826 shares of the information technology services provider’s stock worth $6,334,000 after buying an additional 14,917 shares in the last quarter. Finally, Lazard Asset Management LLC lifted its position in EPAM Systems by 82.2% during the first quarter. Lazard Asset Management LLC now owns 39,326 shares of the information technology services provider’s stock worth $5,325,000 after buying an additional 17,737 shares in the last quarter. Institutional investors and hedge funds 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.