EPAM Systems, Inc. (NYSE:EPAM) Stock Has Consensus Target Price of $122.53

Shares of EPAM Systems, Inc. (NYSE:EPAM) have received an average recommendation of “Hold” from the seventeen ratings firms that are currently covering the company, MarketBeat reports. Eleven research analysts have rated the stock with a hold recommendation and six have given a buy recommendation to the company. The average 12-month price target among analysts that have updated their coverage on the stock in the last year is $143.73.

A number of equities analysts have issued reports on the company. Morgan Stanley raised their target price on EPAM Systems from $97.00 to $140.00 and gave the stock an “equal weight” rating in a report on Wednesday. Needham & Company LLC increased their target price on EPAM Systems from $120.00 to $200.00 and gave the stock a “buy” rating in a research report on Thursday. Wedbush raised their price target on shares of EPAM Systems from $99.00 to $160.00 and gave the stock a “neutral” rating in a research note on Friday. William Blair lowered shares of EPAM Systems from an “outperform” rating to a “market perform” rating in a report on Thursday, August 6th. Finally, Mizuho set a $130.00 price target on EPAM Systems in a report on Monday, August 10th.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. BlackRock Inc. bought a new stake in EPAM Systems in the second quarter valued at $526,684,000. Dimensional Fund Advisors LP increased its position in shares of EPAM Systems by 25.8% in the first quarter. Dimensional Fund Advisors LP now owns 1,069,284 shares of the information technology services provider’s stock valued at $144,789,000 after buying an additional 219,388 shares in the last quarter. Bank of America Corp DE acquired a new position in EPAM Systems in the second quarter valued at approximately $52,531,000. Arrowstreet Capital Limited Partnership grew its holdings in 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 acquiring an additional 25,152 shares in the last quarter. Finally, Bank of New York Mellon Corp purchased a new position in EPAM Systems during the 2nd quarter worth $24,729,000. 91.58% of the stock is currently owned by hedge funds and other institutional investors.

EPAM Systems Price Performance

Shares of EPAM Systems stock opened at $158.83 on Wednesday. The company has a debt-to-equity ratio of 0.01, a quick ratio of 2.75 and a current ratio of 2.75. The stock has a market capitalization of $8.19 billion, a price-to-earnings ratio of 19.85, a price-to-earnings-growth ratio of 1.49 and a beta of 1.28. The company has a fifty day moving average of $121.86 and a 200-day moving average of $121.40. 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 quarterly earnings data on Thursday, November 5th. The information technology services provider reported $3.51 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.41 by $0.10. The firm had revenue of $1.43 billion for the quarter, compared to the consensus estimate of $1.42 billion. EPAM Systems had a net margin of 7.15% and a return on equity of 15.84%. The company’s quarterly revenue was up 2.3% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $3.08 EPS. Equities research analysts expect that EPAM Systems will post 10.47 EPS for the current year.

Key EPAM Systems News

Here are the key news stories impacting EPAM Systems this week:

• Positive Sentiment: Third-quarter non-GAAP EPS of $3.51 topped the $3.41 consensus, and revenue of $1.426 billion exceeded estimates of $1.42 billion, rising 2.3% year over year. EPAM also raised its 2026 outlook, forecasting full-year non-GAAP EPS of $13.23–$13.31 and revenue growth of 3.5%–3.7%. EPAM Reports Results for Third Quarter 2026
• Positive Sentiment: EPAM expanded its remaining share-repurchase authorization to $1.8 billion, plans a $500 million accelerated repurchase, and committed to return at least 50% of free cash flow to shareholders annually from 2027 through 2029. It also lifted its 2026 AI-native revenue target to $650 million. EPAM shareholder-return and AI revenue plans
• Positive Sentiment: Several firms raised price targets after the results. Susquehanna lifted its target to $190 with a positive rating, while Wells Fargo raised its target to $176 and maintained an overweight rating. Susquehanna recommendations
• Neutral Sentiment: Revenue growth remains in the low single digits, which may temper enthusiasm despite the earnings beat and improved outlook. Analyst views are also mixed: Truist kept a hold rating and Wedbush a neutral rating after raising their targets. EPAM 2026 earnings guidance

EPAM Systems Company Profile

EPAM Systems, Inc is a global digital engineering and technology services company that helps organizations design, develop and modernize software and digital platforms. Its services support digital transformation initiatives across industries, including financial services, healthcare, life sciences, retail, travel and consumer products.

The company provides software engineering, product development, consulting, cloud services, data and analytics, artificial intelligence, cybersecurity, quality assurance and platform engineering.