EPAM Systems, Inc. (NYSE:EPAM) Short Interest Up 45.9% in March

EPAM Systems, Inc. (NYSE:EPAM) saw a large growth in short interest in March. As of March 13th, there was short interest totaling 6,691,351 shares, a growth of 45.9% from the February 26th total of 4,587,520 shares. Based on an average daily trading volume, of 1,358,924 shares, the days-to-cover ratio is currently 4.9 days. Currently, 12.9% of the shares of the stock are short sold.

Hedge Funds Weigh In On EPAM Systems

A number of hedge funds and other institutional investors have recently modified their holdings of EPAM. Vanguard Group Inc. lifted its stake in EPAM Systems by 0.4% during the third quarter. Vanguard Group Inc. now owns 7,014,935 shares of the information technology services provider’s stock valued at $1,057,782,000 after buying an additional 29,763 shares in the last quarter. Invesco Ltd. lifted its position in shares of EPAM Systems by 14.9% in the 2nd quarter. Invesco Ltd. now owns 4,102,790 shares of the information technology services provider’s stock valued at $725,455,000 after acquiring an additional 533,292 shares in the last quarter. Capital World Investors boosted its stake in EPAM Systems by 59.4% in the 4th quarter. Capital World Investors now owns 3,679,590 shares of the information technology services provider’s stock worth $753,874,000 after purchasing an additional 1,371,557 shares during the period. Ameriprise Financial Inc. grew its position in EPAM Systems by 28.9% during the 3rd quarter. Ameriprise Financial Inc. now owns 2,662,843 shares of the information technology services provider’s stock worth $401,532,000 after purchasing an additional 596,760 shares in the last quarter. Finally, Boston Partners acquired a new stake in EPAM Systems during the 4th quarter valued at $349,428,000. Institutional investors and hedge funds own 91.58% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have recently issued reports on EPAM shares. Mizuho increased their price objective on shares of EPAM Systems from $199.00 to $200.00 and gave the company an “outperform” rating in a report on Monday, March 16th. Wall Street Zen downgraded EPAM Systems from a “buy” rating to a “hold” rating in a research report on Saturday, March 14th. The Goldman Sachs Group decreased their price target on EPAM Systems from $250.00 to $235.00 and set a “buy” rating for the company in a research note on Thursday, February 19th. TD Cowen reiterated a “buy” rating on shares of EPAM Systems in a research report on Monday, February 23rd. Finally, Needham & Company LLC reissued a “buy” rating and issued a $175.00 price objective on shares of EPAM Systems in a research note on Monday, March 16th. Eleven analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $196.06.

EPAM Systems Price Performance

Shares of EPAM traded down $0.90 during mid-day trading on Friday, hitting $135.25. The company’s stock had a trading volume of 989,614 shares, compared to its average volume of 1,316,144. The company has a debt-to-equity ratio of 0.01, a current ratio of 2.59 and a quick ratio of 2.59. The firm has a 50-day moving average price of $163.74 and a 200 day moving average price of $173.84. EPAM Systems has a fifty-two week low of $125.57 and a fifty-two week high of $222.53. The stock has a market capitalization of $7.32 billion, a price-to-earnings ratio of 20.10, a PEG ratio of 1.31 and a beta of 1.77.

EPAM Systems (NYSE:EPAM) last released its earnings results on Thursday, February 19th. The information technology services provider reported $3.26 EPS for the quarter, beating the consensus estimate of $3.16 by $0.10. The business had revenue of $1.41 billion during the quarter, compared to analyst estimates of $1.39 billion. EPAM Systems had a net margin of 6.92% and a return on equity of 13.57%. The business’s quarterly revenue was up 12.8% on a year-over-year basis. During the same period in the prior year, the business earned $2.84 earnings per share. 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, research analysts predict that EPAM Systems will post 8.9 EPS for the current fiscal year.

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.