EPAM Systems, Inc. (NYSE:EPAM) Receives $209.13 Average PT from Analysts

EPAM Systems, Inc. (NYSE:EPAM) has been given an average rating of “Moderate Buy” by the nineteen brokerages that are covering the firm, Marketbeat.com reports. Six research analysts have rated the stock with a hold recommendation, eleven have given a buy recommendation and two have assigned a strong buy recommendation to the company. The average 1-year price objective among brokers that have updated their coverage on the stock in the last year is $211.50.

EPAM has been the topic of several research analyst reports. Mizuho boosted their price target on EPAM Systems from $225.00 to $228.00 and gave the company an “outperform” rating in a research note on Tuesday, November 11th. Truist Financial started coverage on EPAM Systems in a report on Tuesday. They set a “hold” rating and a $220.00 target price for the company. JPMorgan Chase & Co. increased their price target on shares of EPAM Systems from $201.00 to $215.00 and gave the stock an “overweight” rating in a report on Friday, November 7th. TD Cowen raised their price target on shares of EPAM Systems from $212.00 to $243.00 and gave the stock a “buy” rating in a research report on Friday. Finally, Weiss Ratings restated a “hold (c-)” rating on shares of EPAM Systems in a research note on Monday, December 29th.

EPAM Systems Trading Down 3.6%

Shares of EPAM Systems stock opened at $211.79 on Thursday. The firm’s 50 day simple moving average is $195.42 and its two-hundred day simple moving average is $173.76. The firm has a market capitalization of $11.70 billion, a price-to-earnings ratio of 32.33, a PEG ratio of 2.64 and a beta of 1.73. EPAM Systems has a 12-month low of $138.15 and a 12-month high of $269.00. The company has a current ratio of 3.02, a quick ratio of 3.02 and a debt-to-equity ratio of 0.01.

EPAM Systems (NYSE:EPAM) last posted its quarterly earnings data on Thursday, November 6th. The information technology services provider reported $3.08 EPS for the quarter, topping the consensus estimate of $3.02 by $0.06. EPAM Systems had a net margin of 7.01% and a return on equity of 13.16%. The business had revenue of $1.39 billion during the quarter, compared to the consensus estimate of $1.39 billion. During the same period in the previous year, the firm posted $3.12 earnings per share. The business’s revenue for the quarter was up 19.4% compared to the same quarter last year. EPAM Systems has set its FY 2025 guidance at 11.360-11.440 EPS and its Q4 2025 guidance at 3.100-3.18 EPS. Analysts predict that EPAM Systems will post 8.9 EPS for the current year.

EPAM Systems announced that its Board of Directors has authorized a stock repurchase program on Tuesday, October 21st that authorizes the company to buyback $1.00 billion in outstanding shares. This buyback authorization authorizes the information technology services provider to repurchase up to 12.4% of its shares through open market purchases. Shares buyback programs are often a sign that the company’s board believes its shares are undervalued.

Insider Buying and Selling

In other EPAM Systems news, SVP Sergey Yezhkov sold 1,511 shares of the business’s stock in a transaction that occurred on Tuesday, October 21st. The stock was sold at an average price of $150.27, for a total value of $227,057.97. Following the completion of the transaction, the senior vice president directly owned 146 shares of the company’s stock, valued at approximately $21,939.42. The trade was a 91.19% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, VP Gary C. Abrahams sold 600 shares of the company’s stock in a transaction that occurred on Monday, November 17th. The stock was sold at an average price of $179.29, for a total value of $107,574.00. Following the completion of the sale, the vice president owned 2,720 shares in the company, valued at approximately $487,668.80. This represents a 18.07% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 9,611 shares of company stock worth $1,824,132. Corporate insiders own 4.30% of the company’s stock.

Hedge Funds Weigh In On EPAM Systems

Several large investors have recently made changes to their positions in EPAM. CYBER HORNET ETFs LLC purchased a new stake in EPAM Systems during the second quarter worth $27,000. Sound Income Strategies LLC purchased a new stake in shares of EPAM Systems during the 2nd quarter worth about $29,000. MUFG Securities EMEA plc acquired a new stake in shares of EPAM Systems during the 2nd quarter valued at about $30,000. Manning & Napier Advisors LLC acquired a new stake in shares of EPAM Systems during the 3rd quarter valued at about $25,000. Finally, True Wealth Design LLC increased its stake in shares of EPAM Systems by 1,870.0% in the 3rd quarter. True Wealth Design LLC now owns 197 shares of the information technology services provider’s stock valued at $30,000 after purchasing an additional 187 shares in the last quarter. 91.58% of the stock is currently owned by institutional investors and hedge funds.

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.