EPAM Systems’ (EPAM) “Buy” Rating Reiterated at Needham & Company LLC

Needham & Company LLC reaffirmed their buy rating on shares of EPAM Systems (NYSE:EPAM) in a research report report published on Monday morning,Benzinga reports. They currently have a $175.00 price objective on the information technology services provider’s stock.

A number of other analysts have also issued reports on EPAM. Mizuho lifted their price target on EPAM Systems from $199.00 to $200.00 and gave the stock an “outperform” rating in a research note on Monday. JPMorgan Chase & Co. reduced their price objective on EPAM Systems from $215.00 to $183.00 and set an “overweight” rating for the company in a research note on Friday, February 20th. Morgan Stanley set a $160.00 price objective on EPAM Systems in a report on Friday, February 20th. Citigroup lowered their target price on shares of EPAM Systems from $225.00 to $155.00 and set a “neutral” rating on the stock in a research note on Friday, February 20th. Finally, The Goldman Sachs Group dropped their target price on shares of EPAM Systems from $250.00 to $235.00 and set a “buy” rating for the company in a report on Thursday, February 19th. Eleven analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $196.06.

EPAM Systems Trading Down 1.8%

Shares of EPAM Systems stock opened at $134.00 on Monday. The firm has a market capitalization of $7.25 billion, a PE ratio of 19.91, a P/E/G ratio of 1.32 and a beta of 1.77. EPAM Systems has a twelve month low of $125.57 and a twelve month high of $222.53. The firm’s 50-day moving average price is $174.93 and its 200 day moving average price is $175.55. The company has a current ratio of 2.59, a quick ratio of 2.59 and a debt-to-equity ratio of 0.01.

EPAM Systems (NYSE:EPAM) last posted its quarterly earnings data on Thursday, February 19th. The information technology services provider reported $3.26 earnings per share (EPS) for the quarter, topping 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 for the quarter, compared to analysts’ expectations of $1.39 billion. During the same period in the previous year, the firm posted $2.84 EPS. EPAM Systems’s revenue was up 12.8% compared to the same quarter last year. 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, sell-side analysts predict that EPAM Systems will post 8.9 EPS for the current fiscal year.

Hedge Funds Weigh In On EPAM Systems

Institutional investors have recently added to or reduced their stakes in the stock. Brighton Jones LLC purchased a new stake in EPAM Systems in the 4th quarter valued at $218,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in shares of EPAM Systems by 68.6% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 9,539 shares of the information technology services provider’s stock worth $1,611,000 after acquiring an additional 3,880 shares during the period. Goldman Sachs Group Inc. raised its holdings in shares of EPAM Systems by 53.8% during the 1st quarter. Goldman Sachs Group Inc. now owns 335,150 shares of the information technology services provider’s stock worth $56,587,000 after acquiring an additional 117,170 shares during the period. United Services Automobile Association acquired a new position in shares of EPAM Systems during the 1st quarter valued at about $229,000. Finally, Empowered Funds LLC boosted its position in shares of EPAM Systems by 134.1% during the 1st quarter. Empowered Funds LLC now owns 2,254 shares of the information technology services provider’s stock valued at $381,000 after acquiring an additional 1,291 shares during the last quarter. 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.