EPAM Systems (NYSE:EPAM) Cut to “Neutral” at JPMorgan Chase & Co.

EPAM Systems (NYSE:EPAM) was downgraded by investment analysts at JPMorgan Chase & Co. from an “overweight” rating to a “neutral” rating in a research note issued on Wednesday, MarketBeat reports. They presently have a $120.00 target price on the information technology services provider’s stock. JPMorgan Chase & Co.‘s price target would suggest a potential upside of 7.14% from the company’s previous close.

Several other brokerages have also commented on EPAM. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and issued a $85.00 price target on shares of EPAM Systems in a research note on Friday, July 10th. Morgan Stanley set a $97.00 price objective on EPAM Systems in a research report on Friday, August 7th. TD Cowen reduced their price objective on shares of EPAM Systems from $131.00 to $120.00 and set a “buy” rating on the stock in a report on Friday, August 7th. The Goldman Sachs Group cut shares of EPAM Systems from a “buy” rating to a “neutral” rating and decreased their target price for the company from $215.00 to $110.00 in a research report on Friday, May 8th. Finally, William Blair lowered shares of EPAM Systems from an “outperform” rating to a “market perform” rating in a research note on Thursday, August 6th. Six research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $116.47.

EPAM Systems Stock Up 0.7%

Shares of NYSE EPAM opened at $112.01 on Wednesday. The company has a market capitalization of $5.78 billion, a P/E ratio of 15.18, a P/E/G ratio of 1.14 and a beta of 1.39. The company has a debt-to-equity ratio of 0.01, a current ratio of 2.75 and a quick ratio of 2.75. The company has a 50 day simple moving average of $92.74 and a 200-day simple moving average of $114.32. EPAM Systems has a 1 year low of $73.06 and a 1 year high of $222.53.

EPAM Systems (NYSE:EPAM) last released its quarterly earnings data on Thursday, August 6th. The information technology services provider reported $3.38 EPS for the quarter, beating analysts’ consensus estimates of $3.16 by $0.22. The firm had revenue of $1.41 billion for the quarter, compared to analysts’ expectations of $1.41 billion. EPAM Systems had a return on equity of 15.84% and a net margin of 7.15%.The firm’s quarterly revenue was up 4.6% on a year-over-year basis. During the same period in the prior year, the firm posted $2.77 earnings per share. EPAM Systems has set its FY 2026 guidance at 13.080-13.240 EPS and its Q3 2026 guidance at 3.380-3.460 EPS. On average, equities research analysts predict that EPAM Systems will post 10.48 earnings per share for the current year.

Hedge Funds Weigh In On EPAM Systems

Institutional investors have recently modified their holdings of the business. Rothschild Investment LLC raised its position in EPAM Systems by 51.4% in the fourth quarter. Rothschild Investment LLC now owns 159 shares of the information technology services provider’s stock worth $33,000 after acquiring an additional 54 shares in the last quarter. Horizon Investments LLC grew its position in EPAM Systems by 6.4% during the 4th quarter. Horizon Investments LLC now owns 928 shares of the information technology services provider’s stock worth $190,000 after purchasing an additional 56 shares in the last quarter. Banco Bilbao Vizcaya Argentaria S.A. raised its position in EPAM Systems by 4.5% during the fourth quarter. Banco Bilbao Vizcaya Argentaria S.A. now owns 1,570 shares of the information technology services provider’s stock valued at $322,000 after buying an additional 67 shares during the period. Bradley Foster & Sargent Inc. CT raised its position in EPAM Systems by 2.8% during the fourth quarter. Bradley Foster & Sargent Inc. CT now owns 2,686 shares of the information technology services provider’s stock valued at $550,000 after buying an additional 74 shares during the period. Finally, Rockefeller Capital Management L.P. lifted its stake in EPAM Systems by 4.0% in the 4th 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. Institutional investors and hedge funds 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.