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

EPAM Systems (NYSE:EPAM) had its price objective increased by equities researchers at TD Cowen from $212.00 to $243.00 in a report released on Friday,Benzinga reports. The firm presently has a “buy” rating on the information technology services provider’s stock. TD Cowen’s target price would indicate a potential upside of 14.74% from the stock’s previous close.

EPAM has been the topic of several other research reports. Wall Street Zen downgraded EPAM Systems from a “buy” rating to a “hold” rating in a report on Saturday, September 13th. Zacks Research upgraded shares of EPAM Systems from a “hold” rating to a “strong-buy” rating in a report on Tuesday, December 30th. Truist Financial started coverage on EPAM Systems in a research note on Tuesday. They set a “hold” rating and a $220.00 target price for the company. Wells Fargo & Company raised shares of EPAM Systems to a “strong-buy” rating in a research note on Wednesday, October 22nd. Finally, JPMorgan Chase & Co. boosted their price objective on EPAM Systems from $201.00 to $215.00 and gave the stock an “overweight” rating in a report on Friday, November 7th. Two analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating and six have issued a Hold rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $211.50.

EPAM Systems Stock Down 3.6%

EPAM Systems stock traded down $7.99 during midday trading on Friday, hitting $211.79. The stock had a trading volume of 396,200 shares, compared to its average volume of 709,930. The company has a current ratio of 3.02, a quick ratio of 3.02 and a debt-to-equity ratio of 0.01. The business has a fifty day moving average price of $194.45 and a 200 day moving average price of $173.45. EPAM Systems has a 12 month low of $138.15 and a 12 month high of $269.00. The stock has a market cap of $11.70 billion, a P/E ratio of 32.38, a P/E/G ratio of 2.71 and a beta of 1.73.

EPAM Systems (NYSE:EPAM) last issued its quarterly earnings results on Thursday, November 6th. The information technology services provider reported $3.08 earnings per share for the quarter, beating analysts’ consensus estimates of $3.02 by $0.06. EPAM Systems had a return on equity of 13.16% and a net margin of 7.01%.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 business earned $3.12 EPS. The business’s quarterly revenue was up 19.4% on a year-over-year basis. 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. Research analysts predict that EPAM Systems will post 8.9 EPS for the current year.

EPAM Systems announced that its Board of Directors has approved a stock buyback plan on Tuesday, October 21st that permits the company to repurchase $1.00 billion in shares. This repurchase authorization permits the information technology services provider to buy up to 12.4% of its shares through open market purchases. Shares repurchase plans are generally an indication that the company’s board believes its stock is undervalued.

Insider Transactions at EPAM Systems

In related news, SVP Boris Shnayder sold 5,000 shares of the company’s stock in a transaction on Wednesday, December 10th. The shares were sold at an average price of $207.00, for a total value of $1,035,000.00. Following the completion of the sale, the senior vice president directly owned 15,645 shares in the company, valued at approximately $3,238,515. This represents a 24.22% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, SVP Sergey Yezhkov sold 1,511 shares of the stock in a transaction dated Tuesday, October 21st. The shares were sold at an average price of $150.27, for a total value of $227,057.97. Following the transaction, the senior vice president directly owned 146 shares in the company, valued at approximately $21,939.42. This represents a 91.19% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 9,611 shares of company stock worth $1,824,132. Corporate insiders own 4.30% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the company. CYBER HORNET ETFs LLC acquired a new position in EPAM Systems during the second quarter worth $27,000. Sound Income Strategies LLC bought a new position in EPAM Systems during the 2nd quarter valued at about $29,000. MUFG Securities EMEA plc acquired a new position in EPAM Systems in the second quarter valued at about $30,000. Manning & Napier Advisors LLC bought a new stake in EPAM Systems during the third quarter worth about $25,000. Finally, True Wealth Design LLC raised its stake in shares of EPAM Systems by 1,870.0% in the third quarter. True Wealth Design LLC now owns 197 shares of the information technology services provider’s stock valued at $30,000 after acquiring an additional 187 shares during the last quarter. Institutional investors own 91.58% of the company’s stock.

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.