Citigroup Lowers EPAM Systems (NYSE:EPAM) Price Target to $145.00

EPAM Systems (NYSE:EPAM) had its price objective dropped by research analysts at Citigroup from $155.00 to $145.00 in a research report issued on Thursday,Benzinga reports. The brokerage currently has a “neutral” rating on the information technology services provider’s stock. Citigroup’s price objective points to a potential upside of 15.92% from the company’s previous close.

A number of other research analysts also recently issued reports on EPAM. JPMorgan Chase & Co. dropped their price target on shares of EPAM Systems from $215.00 to $183.00 and set an “overweight” rating on the stock in a research report on Friday, February 20th. Morgan Stanley set a $160.00 price objective on shares of EPAM Systems in a research note on Friday, February 20th. TD Cowen reduced their price objective on shares of EPAM Systems from $220.00 to $213.00 and set a “buy” rating on the stock in a research note on Monday. Wells Fargo & Company reduced their price objective on shares of EPAM Systems from $247.00 to $195.00 and set an “overweight” rating on the stock in a research note on Friday, February 20th. Finally, Needham & Company LLC reaffirmed a “buy” rating and issued a $175.00 price objective on shares of EPAM Systems in a research note on Monday, March 16th. Eleven research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $193.56.

EPAM Systems Trading Down 3.8%

Shares of EPAM stock traded down $4.90 on Thursday, hitting $125.09. The company had a trading volume of 720,776 shares, compared to its average volume of 1,181,393. The firm has a market cap of $6.56 billion, a P/E ratio of 18.63, a P/E/G ratio of 1.34 and a beta of 1.73. The stock’s 50-day moving average is $150.88 and its two-hundred day moving average is $172.74. The company has a debt-to-equity ratio of 0.01, a quick ratio of 2.59 and a current ratio of 2.59. EPAM Systems has a twelve month low of $123.53 and a twelve month high of $222.53.

EPAM Systems (NYSE:EPAM) last issued its quarterly earnings results on Thursday, February 19th. The information technology services provider reported $3.26 earnings per share for the quarter, beating the consensus estimate of $3.16 by $0.10. EPAM Systems had a return on equity of 13.57% and a net margin of 6.92%.The company had revenue of $1.41 billion during the quarter, compared to analysts’ expectations of $1.39 billion. During the same quarter in the prior year, the firm posted $2.84 earnings per share. The business’s quarterly revenue was up 12.8% on a year-over-year basis. EPAM Systems has set its FY 2026 guidance at 12.600-12.900 EPS and its Q1 2026 guidance at 2.700-2.780 EPS. On average, equities research analysts anticipate that EPAM Systems will post 8.9 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Rockefeller Capital Management L.P. boosted its holdings in EPAM Systems by 4.0% in the fourth quarter. Rockefeller Capital Management L.P. now owns 2,144 shares of the information technology services provider’s stock worth $439,000 after acquiring an additional 82 shares in the last quarter. World Investment Advisors bought a new position in EPAM Systems in the fourth quarter worth approximately $240,000. Corient Private Wealth LLC boosted its holdings in EPAM Systems by 401.7% in the fourth quarter. Corient Private Wealth LLC now owns 16,460 shares of the information technology services provider’s stock worth $3,373,000 after acquiring an additional 13,179 shares in the last quarter. SHP Wealth Management bought a new position in EPAM Systems in the fourth quarter worth approximately $62,000. Finally, SG Trading Solutions LLC bought a new position in EPAM Systems in the fourth quarter worth approximately $222,000. Institutional investors own 91.58% of the company’s stock.

About EPAM Systems

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.