EPAM Systems, Inc. (NYSE:EPAM) Given Average Rating of “Hold” by Analysts

Shares of EPAM Systems, Inc. (NYSE:EPAM) have been given an average rating of “Hold” by the seventeen ratings firms that are currently covering the firm, Marketbeat Ratings reports. One research analyst has rated the stock with a sell recommendation, ten have assigned a hold recommendation and six have assigned a buy recommendation to the company. The average 12 month price objective among brokerages that have issued ratings on the stock in the last year is $116.4667.

A number of analysts recently weighed in on the stock. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of EPAM Systems in a report on Tuesday, August 4th. Wells Fargo & Company reduced their price target on shares of EPAM Systems from $151.00 to $125.00 and set an “overweight” rating for the company in a research report on Friday, July 10th. Wedbush assumed coverage on shares of EPAM Systems in a research report on Monday, June 15th. They set a “neutral” rating and a $99.00 price target for the company. Truist Financial decreased their price target on shares of EPAM Systems from $112.00 to $110.00 and set a “hold” rating on the stock in a report on Friday, August 7th. Finally, Jefferies Financial Group cut EPAM Systems from a “buy” rating to a “hold” rating and lowered their price target for the company from $130.00 to $110.00 in a report on Friday, May 29th.

Institutional Trading of EPAM Systems

Several hedge funds and other institutional investors have recently bought and sold shares of EPAM. BlackRock Inc. bought a new position in shares of EPAM Systems in the second quarter worth approximately $526,684,000. Boston Partners bought a new stake in EPAM Systems during the 4th quarter valued at $349,428,000. Capital World Investors boosted its position in EPAM Systems by 59.4% during the 4th quarter. Capital World Investors now owns 3,679,590 shares of the information technology services provider’s stock valued at $753,874,000 after buying an additional 1,371,557 shares during the period. Norges Bank purchased a new stake in EPAM Systems during the 4th quarter valued at $147,870,000. Finally, Bank of America Corp DE bought a new stake in shares of EPAM Systems in the second quarter worth about $52,531,000. Institutional investors own 91.58% of the company’s stock.

EPAM Systems Stock Down 2.1%

EPAM stock opened at $114.63 on Tuesday. 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 firm has a market capitalization of $5.91 billion, a PE ratio of 15.53, a PEG ratio of 1.17 and a beta of 1.38. EPAM Systems has a twelve month low of $73.06 and a twelve month high of $222.53. The stock has a 50-day simple moving average of $105.10 and a two-hundred day simple moving average of $109.36.

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

About EPAM Systems

EPAM Systems, Inc is a global digital engineering and technology services company that helps businesses design, develop and modernize software and digital products. Its services include software engineering, product development, platform engineering, cloud transformation, data and analytics, artificial intelligence, cybersecurity, consulting and experience design.

EPAM serves clients across industries such as financial services, healthcare, life sciences, retail, travel and hospitality, media, telecommunications, energy and manufacturing.