EPAM Systems (NYSE:EPAM) Shares Gap Up – What’s Next?

EPAM Systems, Inc. (NYSE:EPAM)’s stock price gapped up before the market opened on Thursday. The stock had previously closed at $108.36, but opened at $117.41. EPAM Systems shares last traded at $117.8730, with a volume of 191,223 shares trading hands.

Analyst Upgrades and Downgrades

EPAM has been the topic of several recent research reports. William Blair downgraded shares of EPAM Systems from an “outperform” rating to a “market perform” rating in a report on Thursday, August 6th. Truist Financial dropped their price objective on shares of EPAM Systems from $112.00 to $110.00 and set a “hold” rating for the company in a research note on Friday, August 7th. Morgan Stanley set a $97.00 target price on EPAM Systems in a report on Friday, August 7th. Wedbush started coverage on EPAM Systems in a research report on Monday, June 15th. They set a “neutral” rating and a $99.00 price target for the company. Finally, Weiss Ratings reissued a “sell (d+)” rating on shares of EPAM Systems in a report on Tuesday, August 4th. Six research analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, EPAM Systems has a consensus rating of “Hold” and an average price target of $116.47.

EPAM Systems Trading Up 7.0%

The company has a debt-to-equity ratio of 0.01, a current ratio of 2.75 and a quick ratio of 2.75. The firm has a market cap of $5.98 billion, a price-to-earnings ratio of 15.67, a price-to-earnings-growth ratio of 1.10 and a beta of 1.38. The business’s 50-day moving average price is $108.60 and its two-hundred day moving average price is $107.29.

EPAM Systems (NYSE:EPAM) last announced its earnings results on Thursday, August 6th. The information technology services provider reported $3.38 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.16 by $0.22. The firm had revenue of $1.41 billion for the quarter, compared to analyst estimates of $1.41 billion. EPAM Systems had a net margin of 7.15% and a return on equity of 15.84%. EPAM Systems’s revenue was up 4.6% compared to the same quarter last year. During the same quarter last 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. Equities analysts expect that EPAM Systems, Inc. will post 10.47 earnings per share for the current year.

Institutional Investors Weigh In On EPAM Systems

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Sequoia Financial Advisors LLC acquired a new position in EPAM Systems in the second quarter valued at $371,000. Tidal Investments LLC boosted its stake in EPAM Systems by 23.0% in the 2nd 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 during the last quarter. WINTON GROUP Ltd boosted its stake in EPAM Systems by 31.0% in the 2nd quarter. WINTON GROUP Ltd now owns 131,440 shares of the information technology services provider’s stock worth $10,430,000 after buying an additional 31,134 shares during the last quarter. Engineers Gate Manager LP grew its holdings in EPAM Systems by 341.1% in the 2nd quarter. Engineers Gate Manager LP now owns 52,893 shares of the information technology services provider’s stock valued at $4,197,000 after buying an additional 40,902 shares during the period. Finally, Empirical Finance LLC purchased a new stake in EPAM Systems in the 2nd quarter valued at about $561,000. Hedge funds and other institutional investors own 91.58% of the company’s stock.

EPAM Systems Company Profile

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.