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

EPAM Systems, Inc. (NYSE:EPAM) has been given an average recommendation of “Hold” by the seventeen research firms that are currently covering the company, Marketbeat.com 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 issued a report on the stock in the last year is $143.73.

A number of equities research analysts have weighed in on the company. William Blair lowered EPAM Systems from an “outperform” rating to a “market perform” rating in a research report on Thursday, August 6th. Truist Financial boosted their price target on shares of EPAM Systems from $110.00 to $150.00 and gave the company a “hold” rating in a report on Friday. Guggenheim upped their price target on shares of EPAM Systems from $160.00 to $190.00 and gave the stock a “buy” rating in a research report on Friday. Wedbush increased their price objective on shares of EPAM Systems from $99.00 to $160.00 and gave the company a “neutral” rating in a research note on Friday. Finally, Mizuho set a $130.00 price objective on shares of EPAM Systems in a report on Monday, August 10th.

Institutional Investors Weigh In On EPAM Systems

A number of hedge funds have recently made changes to their positions in EPAM. BlackRock Inc. purchased a new stake in shares of EPAM Systems in the 2nd quarter valued at $526,684,000. Bank of America Corp DE purchased a new position in shares of EPAM Systems during the second quarter worth $52,531,000. Bank of New York Mellon Corp purchased a new position in shares of EPAM Systems during the second quarter worth $24,729,000. Assenagon Asset Management S.A. raised its holdings in shares of EPAM Systems by 1,560.4% during the second quarter. Assenagon Asset Management S.A. now owns 292,542 shares of the information technology services provider’s stock worth $23,213,000 after purchasing an additional 274,923 shares during the last quarter. Finally, Freestone Grove Partners LP acquired a new position in EPAM Systems during the second quarter valued at $18,816,000. 91.58% of the stock is currently owned by hedge funds and other institutional investors.

EPAM Systems News Roundup

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 Stock Performance

Shares of NYSE:EPAM opened at $158.83 on Wednesday. The firm’s 50 day simple moving average is $121.86 and its 200-day simple moving average is $121.40. The company has a debt-to-equity ratio of 0.01, a quick ratio of 2.76 and a current ratio of 2.76. EPAM Systems has a one year low of $73.06 and a one year high of $222.53. The firm has a market cap of $8.10 billion, a PE ratio of 19.85, a price-to-earnings-growth ratio of 1.66 and a beta of 1.27.

EPAM Systems (NYSE:EPAM) last announced its quarterly earnings results on Thursday, November 5th. The information technology services provider reported $3.51 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.41 by $0.10. EPAM Systems had a return on equity of 16.76% and a net margin of 7.53%. The firm had revenue of $1.43 billion during the quarter, compared to analyst estimates of $1.42 billion. During the same quarter in the previous year, the business earned $3.08 earnings per share. EPAM Systems’s quarterly revenue was up 2.3% on a year-over-year basis. As a group, equities analysts predict that EPAM Systems will post 10.47 EPS for the current year.

EPAM Systems Company Profile

EPAM Systems is a global provider of software engineering, digital transformation and consulting services. The company helps businesses design, build and maintain software products and digital platforms, and offers services in areas such as cloud computing, data and artificial intelligence, and cybersecurity.

Founded in 1993 by Arkadiy Dobkin, EPAM has grown from a software development firm into a technology services company serving clients across the Americas, Europe and Asia-Pacific.