EPAM Systems (NYSE:EPAM – Get Free Report) 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.
Wall Street Analysts Forecast Growth
Several research firms have issued reports on EPAM. The Goldman Sachs Group lowered EPAM Systems from a “buy” rating to a “neutral” rating and dropped their price objective for the company from $215.00 to $110.00 in a research note on Friday, May 8th. TD Cowen dropped their price objective on EPAM Systems from $220.00 to $213.00 and set a “buy” rating on the stock in a research note on Monday, April 6th. Needham & Company LLC dropped their price objective on EPAM Systems from $175.00 to $135.00 and set a “buy” rating on the stock in a research note on Thursday, May 7th. JPMorgan Chase & Co. decreased their target price on EPAM Systems from $215.00 to $183.00 and set an “overweight” rating on the stock in a research report on Friday, February 20th. Finally, Jefferies Financial Group downgraded EPAM Systems from a “buy” rating to a “hold” rating and decreased their target price for the company from $130.00 to $110.00 in a research report on Friday. Seven equities research analysts have rated the stock with a Buy rating, six have issued a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $152.00.
View Our Latest Analysis on EPAM Systems
EPAM Systems Trading Up 0.2%
EPAM Systems (NYSE:EPAM – Get Free Report) last announced its quarterly earnings results on Wednesday, May 6th. The information technology services provider reported $2.86 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 during the quarter, compared to analysts’ expectations of $1.39 billion. During the same period in the prior year, the company earned $2.41 EPS. EPAM Systems’s revenue was up 7.6% compared to the same quarter last year. Equities analysts predict that EPAM Systems will post 10.41 EPS for the current fiscal year.
Institutional Inflows and Outflows
Several hedge funds and other institutional investors have recently bought and sold shares of EPAM. CYBER HORNET ETFs LLC bought a new position in shares of EPAM Systems in the 2nd quarter worth about $27,000. Sunbelt Securities Inc. raised its position in shares of EPAM Systems by 4,233.3% in the 4th quarter. Sunbelt Securities Inc. now owns 130 shares of the information technology services provider’s stock worth $27,000 after acquiring an additional 127 shares in the last quarter. MUFG Securities EMEA plc bought a new position in shares of EPAM Systems in the 2nd quarter worth about $30,000. 1248 Management LLC bought a new position in shares of EPAM Systems in the 4th quarter worth about $32,000. Finally, Atlas Capital Advisors Inc. bought a new position in shares of EPAM Systems in the 4th quarter worth about $35,000. 91.58% of the stock is owned by institutional investors and hedge funds.
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.
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