TD Cowen Cuts EPAM Systems (NYSE:EPAM) Price Target to $213.00

EPAM Systems (NYSE:EPAM) had its target price lowered by TD Cowen from $220.00 to $213.00 in a report released on Monday,Benzinga reports. The firm currently has a buy rating on the information technology services provider’s stock.

A number of other research analysts have also recently weighed in on EPAM. Zacks Research cut EPAM Systems from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, January 28th. Needham & Company LLC restated a “buy” rating and issued a $175.00 price target on shares of EPAM Systems in a research report on Monday, March 16th. Weiss Ratings restated a “hold (c-)” rating on shares of EPAM Systems in a research report on Monday, December 29th. Truist Financial dropped their price target on EPAM Systems from $220.00 to $146.00 and set a “hold” rating for the company in a research report on Friday, February 20th. Finally, The Goldman Sachs Group dropped their price target on EPAM Systems from $250.00 to $235.00 and set a “buy” rating for the company in a research report on Thursday, February 19th. Eleven investment 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, EPAM Systems presently has an average rating of “Moderate Buy” and a consensus price target of $194.19.

EPAM Systems Trading Down 2.9%

NYSE:EPAM opened at $130.32 on Monday. The stock has a fifty day moving average price of $150.88 and a two-hundred day moving average price of $172.74. The stock has a market capitalization of $6.83 billion, a price-to-earnings ratio of 19.36, a PEG ratio of 1.34 and a beta of 1.73. 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 1 year low of $125.57 and a 1 year high of $222.53.

EPAM Systems (NYSE:EPAM) last announced its quarterly earnings results on Thursday, February 19th. The information technology services provider reported $3.26 earnings per share for the quarter, beating analysts’ consensus estimates of $3.16 by $0.10. EPAM Systems had a return on equity of 13.57% and a net margin of 6.92%.The business had revenue of $1.41 billion during the quarter, compared to analysts’ expectations of $1.39 billion. During the same quarter last year, the business posted $2.84 earnings per share. The business’s revenue for the quarter 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. As a group, sell-side analysts anticipate that EPAM Systems will post 8.9 earnings per share for the current fiscal year.

Institutional Trading of EPAM Systems

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in EPAM. Atlantic Union Bankshares Corp purchased a new stake in EPAM Systems during the 3rd quarter worth approximately $1,384,000. Van Berkom & Associates Inc. increased its holdings in EPAM Systems by 4,413.0% during the 3rd quarter. Van Berkom & Associates Inc. now owns 369,435 shares of the information technology services provider’s stock worth $55,707,000 after purchasing an additional 361,249 shares during the last quarter. Allianz Asset Management GmbH increased its holdings in EPAM Systems by 39.4% during the 3rd quarter. Allianz Asset Management GmbH now owns 43,851 shares of the information technology services provider’s stock worth $6,612,000 after purchasing an additional 12,396 shares during the last quarter. AlphaQuest LLC increased its holdings in EPAM Systems by 330.9% during the 3rd quarter. AlphaQuest LLC now owns 8,514 shares of the information technology services provider’s stock worth $1,284,000 after purchasing an additional 6,538 shares during the last quarter. Finally, Baillie Gifford & Co. increased its holdings in EPAM Systems by 20.7% during the 3rd quarter. Baillie Gifford & Co. now owns 1,293,857 shares of the information technology services provider’s stock worth $195,101,000 after purchasing an additional 221,544 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.