EPAM Systems (NYSE:EPAM) Stock Price Down 5.8% – Time to Sell?

EPAM Systems, Inc. (NYSE:EPAM)’s share price was down 5.8% during trading on Tuesday. The company traded as low as $134.79 and last traded at $135.5250. 65,074 shares traded hands during trading, a decline of 96% from the average daily volume of 1,448,074 shares. The stock had previously closed at $143.80.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on the company. Weiss Ratings upgraded EPAM Systems from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Friday, October 23rd. Stifel Nicolaus set a $135.00 price objective on shares of EPAM Systems in a research note on Thursday, August 6th. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and issued a $85.00 price objective on shares of EPAM Systems in a report on Friday, July 10th. Wells Fargo & Company raised their price objective on shares of EPAM Systems from $125.00 to $156.00 and gave the stock an “overweight” rating in a report on Monday, October 26th. Finally, Needham & Company LLC cut their target price on shares of EPAM Systems from $135.00 to $120.00 and set a “buy” rating for the company in a research report on Thursday, August 6th. Six investment analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the company. Based on data from MarketBeat, EPAM Systems has an average rating of “Hold” and an average price target of $122.53.

EPAM Systems Price Performance

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 has a market cap of $7.29 billion, a P/E ratio of 19.13, a P/E/G ratio of 1.42 and a beta of 1.39. The firm has a 50 day moving average price of $118.75 and a 200 day moving average price of $122.68.

EPAM Systems (NYSE:EPAM) last announced its quarterly earnings data on Thursday, August 6th. The information technology services provider reported $3.38 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.16 by $0.22. The company had revenue of $1.41 billion during the quarter, compared to the consensus estimate of $1.41 billion. EPAM Systems had a return on equity of 15.84% and a net margin of 7.15%. The firm’s revenue was up 4.6% on a year-over-year basis. During the same period in the previous year, the company posted $2.77 EPS. 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. On average, analysts forecast that EPAM Systems, Inc. will post 10.47 EPS for the current fiscal year.

Hedge Funds Weigh In On EPAM Systems

A number of hedge funds have recently modified their holdings of the company. Financial Management Professionals Inc. raised its position in shares of EPAM Systems by 47.3% during the 3rd quarter. Financial Management Professionals Inc. now owns 268 shares of the information technology services provider’s stock valued at $29,000 after purchasing an additional 86 shares during the period. Signaturefd LLC boosted its holdings in EPAM Systems by 1,068.3% in the 2nd quarter. Signaturefd LLC now owns 479 shares of the information technology services provider’s stock worth $38,000 after buying an additional 438 shares during the period. Elevation Wealth Partners LLC boosted its holdings in EPAM Systems by 94.1% in the 3rd quarter. Elevation Wealth Partners LLC now owns 493 shares of the information technology services provider’s stock worth $53,000 after buying an additional 239 shares during the period. Global Retirement Partners LLC bought a new position in EPAM Systems in the 2nd quarter worth $43,000. Finally, EverSource Wealth Advisors LLC increased its stake in EPAM Systems by 611.2% in the 1st quarter. EverSource Wealth Advisors LLC now owns 569 shares of the information technology services provider’s stock worth $77,000 after buying an additional 489 shares in the last quarter. 91.58% of the stock is currently owned by institutional investors.

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.