EPAM Systems (NYSE:EPAM) Issues FY 2026 Earnings Guidance

EPAM Systems (NYSE:EPAM) updated its FY 2026 earnings guidance on Saturday. The company provided EPS guidance of 12.980-13.280 for the period, compared to the consensus EPS estimate of 12.190. The company issued revenue guidance of $5.7 billion-$5.8 billion, compared to the consensus revenue estimate of $5.8 billion.

Analysts Set New Price Targets

Several research analysts have recently commented on the company. Guggenheim decreased their price objective on EPAM Systems from $225.00 to $200.00 and set a “buy” rating on the stock in a report on Monday, May 4th. Jefferies Financial Group downgraded EPAM Systems from a “buy” rating to a “hold” rating and decreased their price objective for the stock from $130.00 to $110.00 in a report on Friday. Morgan Stanley set a $112.00 price objective on EPAM Systems in a report on Friday, May 8th. Susquehanna decreased their price objective on EPAM Systems from $199.00 to $167.00 and set a “positive” rating on the stock in a report on Monday, May 4th. Finally, TD Cowen decreased their price objective on EPAM Systems from $220.00 to $213.00 and set a “buy” rating on the stock in a report on Monday, April 6th. Seven research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, EPAM Systems has a consensus rating of “Hold” and a consensus target price of $152.00.

EPAM Systems Stock Up 1.2%

Shares of NYSE:EPAM opened at $102.65 on Friday. EPAM Systems has a 1 year low of $89.25 and a 1 year high of $222.53. The company has a market cap of $5.36 billion, a PE ratio of 14.73, a P/E/G ratio of 0.93 and a beta of 1.45. The company has a debt-to-equity ratio of 0.05, a current ratio of 2.67 and a quick ratio of 2.67. The stock’s 50-day moving average is $118.22 and its 200 day moving average is $162.05.

EPAM Systems (NYSE:EPAM) last announced its quarterly earnings results on Wednesday, May 6th. The information technology services provider reported $2.86 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.75 by $0.11. EPAM Systems had a return on equity of 14.71% and a net margin of 6.96%.The company had revenue of $1.40 billion for the quarter, compared to the consensus estimate of $1.39 billion. During the same quarter in the previous year, the business earned $2.41 EPS. EPAM Systems’s revenue was up 7.6% compared to the same quarter last year. Sell-side analysts anticipate that EPAM Systems will post 10.41 EPS for the current year.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in EPAM. Price T Rowe Associates Inc. MD grew its holdings in shares of EPAM Systems by 849.3% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 784,101 shares of the information technology services provider’s stock worth $160,649,000 after acquiring an additional 701,500 shares during the period. JPMorgan Chase & Co. grew its holdings in shares of EPAM Systems by 56.9% during the 4th quarter. JPMorgan Chase & Co. now owns 1,147,930 shares of the information technology services provider’s stock worth $235,188,000 after acquiring an additional 416,324 shares during the period. Royal Bank of Canada grew its holdings in shares of EPAM Systems by 216.1% during the 4th quarter. Royal Bank of Canada now owns 552,523 shares of the information technology services provider’s stock worth $113,201,000 after acquiring an additional 377,708 shares during the period. Alyeska Investment Group L.P. grew its holdings in shares of EPAM Systems by 79.1% during the 3rd quarter. Alyeska Investment Group L.P. now owns 644,988 shares of the information technology services provider’s stock worth $97,258,000 after acquiring an additional 284,840 shares during the period. Finally, Millennium Management LLC grew its holdings in shares of EPAM Systems by 84.1% during the 4th quarter. Millennium Management LLC now owns 618,278 shares of the information technology services provider’s stock worth $126,673,000 after acquiring an additional 282,499 shares during the period. Hedge funds and other 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.