Wedbush Issues Positive Forecast for EPAM Systems (NYSE:EPAM) Stock Price

EPAM Systems (NYSE:EPAM) had its price target lifted by Wedbush from $99.00 to $160.00 in a research note released on Friday,Benzinga reports. Wedbush currently has a neutral rating on the information technology services provider’s stock.

A number of other research analysts have also weighed in on the company. Susquehanna raised their price objective on EPAM Systems from $146.00 to $190.00 and gave the company a “positive” rating in a research report on Friday. Citigroup boosted their target price on EPAM Systems from $100.00 to $140.00 and gave the stock a “neutral” rating in a report on Monday, October 26th. Guggenheim increased their target price on EPAM Systems from $160.00 to $190.00 and gave the stock a “buy” rating in a research note on Friday. Weiss Ratings upgraded EPAM Systems from a “sell (d+)” rating to a “hold (c-)” rating in a report on Friday, October 23rd. Finally, JPMorgan Chase & Co. lowered EPAM Systems from an “overweight” rating to a “neutral” rating and set a $120.00 price target for the company. in a research report on Wednesday, August 26th. Six investment analysts have rated the stock with a Buy rating and eleven have given a Hold rating to the company. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $143.73.

EPAM Systems Stock Down 4.1%

NYSE:EPAM traded down $6.87 during mid-day trading on Friday, hitting $158.83. 3,339,845 shares of the company’s stock were exchanged, compared to its average volume of 932,562. EPAM Systems has a one year low of $73.06 and a one year high of $222.53. 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 business has a fifty day moving average price of $121.86 and a 200 day moving average price of $121.40. The company has a market cap of $8.19 billion, a PE ratio of 19.85, a P/E/G ratio of 1.49 and a beta of 1.28.

EPAM Systems (NYSE:EPAM) last announced its earnings results on Thursday, November 5th. The information technology services provider reported $3.51 earnings per share for the quarter, beating analysts’ consensus estimates of $3.41 by $0.10. EPAM Systems had a net margin of 7.15% and a return on equity of 15.84%. The business had revenue of $1.43 billion during the quarter, compared to the consensus estimate of $1.42 billion. During the same quarter last year, the firm earned $3.08 earnings per share. The business’s revenue for the quarter was up 2.3% on a year-over-year basis. Equities analysts predict that EPAM Systems will post 10.47 EPS for the current year.

Institutional Trading of EPAM Systems

Institutional investors have recently made changes to their positions in the stock. University of Texas Texas AM Investment Management Co. raised its holdings in shares of EPAM Systems by 236.2% during the third quarter. University of Texas Texas AM Investment Management Co. now owns 232 shares of the information technology services provider’s stock valued at $25,000 after purchasing an additional 163 shares during the last quarter. Financial Management Professionals Inc. boosted its holdings in EPAM Systems by 47.3% in the third quarter. Financial Management Professionals Inc. now owns 268 shares of the information technology services provider’s stock worth $29,000 after purchasing an additional 86 shares during the last quarter. Signaturefd LLC grew its position 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 purchasing an additional 438 shares during the period. Elevation Wealth Partners LLC grew its position 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 purchasing an additional 239 shares during the period. Finally, Global Retirement Partners LLC bought a new stake in EPAM Systems in the 2nd quarter worth approximately $43,000. Hedge funds and other institutional investors own 91.58% of the company’s stock.

More 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.