EPAM Systems (NYSE:EPAM) Price Target Raised to $140.00

EPAM Systems (NYSE:EPAM) had its price target boosted by Morgan Stanley from $97.00 to $140.00 in a report published on Wednesday,Benzinga reports. They currently have an equal weight rating on the information technology services provider’s stock.

Several other analysts have also recently issued reports on the company. Truist Financial decreased their price objective on EPAM Systems from $112.00 to $110.00 and set a “hold” rating on the stock in a report on Friday, August 7th. Weiss Ratings upgraded EPAM Systems from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Friday, October 23rd. Wells Fargo & Company upped their price target on shares of EPAM Systems from $125.00 to $156.00 and gave the stock an “overweight” rating in a report on Monday, October 26th. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and set a $85.00 target price on shares of EPAM Systems in a research report on Friday, July 10th. Finally, TD Cowen decreased their target price on EPAM Systems from $131.00 to $120.00 and set a “buy” rating for the company in a research report on Friday, August 7th. Six equities research analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $143.73.

EPAM Systems Stock Down 4.1%

EPAM Systems stock traded down $6.87 during mid-day trading on Wednesday, hitting $158.83. The company had a trading volume of 3,339,845 shares, compared to its average volume of 932,562. The company has a market capitalization of $8.19 billion, a PE ratio of 19.85, a price-to-earnings-growth ratio of 1.49 and a beta of 1.28. The company has a current ratio of 2.75, a quick ratio of 2.75 and a debt-to-equity ratio of 0.01. EPAM Systems has a 12 month low of $73.06 and a 12 month high of $222.53. The stock’s 50 day moving average price is $121.86 and its two-hundred day moving average price is $121.40.

EPAM Systems (NYSE:EPAM) last released its quarterly earnings data on Thursday, November 5th. The information technology services provider reported $3.51 EPS for the quarter, beating the consensus estimate of $3.41 by $0.10. The company had revenue of $1.43 billion for the quarter, compared to analysts’ expectations of $1.42 billion. EPAM Systems had a return on equity of 15.84% and a net margin of 7.15%. EPAM Systems’s revenue was up 2.3% compared to the same quarter last year. During the same period last year, the firm posted $3.08 earnings per share. As a group, sell-side analysts anticipate that EPAM Systems will post 10.47 earnings per share for the current fiscal year.

Institutional Investors Weigh In On EPAM Systems

Several hedge funds and other institutional investors have recently bought and sold shares of the company. University of Texas Texas AM Investment Management Co. lifted its position in EPAM Systems by 236.2% in 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 buying an additional 163 shares during the last quarter. Financial Management Professionals Inc. increased 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 valued at $29,000 after buying an additional 86 shares during the last quarter. Signaturefd LLC increased its holdings in shares of EPAM Systems by 1,068.3% in the 2nd quarter. Signaturefd LLC now owns 479 shares of the information technology services provider’s stock valued at $38,000 after acquiring an additional 438 shares during the last quarter. Global Retirement Partners LLC acquired a new stake in shares of EPAM Systems during the 2nd quarter worth about $43,000. Finally, Trust Asset Management LLC acquired a new position in EPAM Systems in the second quarter valued at approximately $50,000. 91.58% of the stock is currently owned by institutional investors and hedge funds.

Key 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

About EPAM Systems

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.