Vise Technologies Inc. acquired a new position in EPAM Systems, Inc. (NYSE:EPAM – Free Report) during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund acquired 4,649 shares of the information technology services provider’s stock, valued at approximately $369,000.
A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in EPAM. Sunbelt Securities Inc. increased its stake in shares of EPAM Systems by 4,233.3% in the fourth quarter. Sunbelt Securities Inc. now owns 130 shares of the information technology services provider’s stock worth $27,000 after purchasing an additional 127 shares in the last quarter. CYBER HORNET ETFs LLC purchased a new stake in shares of EPAM Systems during the 2nd quarter valued at approximately $27,000. 1248 Management LLC bought a new position in EPAM Systems in the 4th quarter worth approximately $32,000. Rothschild Investment LLC boosted its holdings in EPAM Systems by 51.4% in the 4th quarter. Rothschild Investment LLC now owns 159 shares of the information technology services provider’s stock worth $33,000 after buying an additional 54 shares during the period. Finally, MUFG Securities EMEA plc purchased a new position in EPAM Systems in the 2nd quarter valued at approximately $30,000. 91.58% of the stock is currently owned by hedge funds and other institutional investors.
Wall Street Analysts Forecast Growth
Several research firms have issued reports on EPAM. Morgan Stanley set a $97.00 target price on EPAM Systems in a research report on Friday, August 7th. Jefferies Financial Group cut EPAM Systems from a “buy” rating to a “hold” rating and reduced their price target for the company from $130.00 to $110.00 in a research report on Friday, May 29th. Weiss Ratings reiterated a “sell (d+)” rating on shares of EPAM Systems in a research note on Tuesday, August 4th. Wells Fargo & Company dropped their price objective on EPAM Systems from $151.00 to $125.00 and set an “overweight” rating on the stock in a report on Friday, July 10th. Finally, The Goldman Sachs Group downgraded EPAM Systems from a “buy” rating to a “neutral” rating and cut their target price for the stock from $215.00 to $110.00 in a research note on Friday, May 8th. Seven analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $116.47.
EPAM Systems Stock Performance
EPAM Systems stock opened at $112.01 on Wednesday. The firm’s fifty day moving average price is $92.74 and its 200-day moving average price is $114.32. The company has a debt-to-equity ratio of 0.01, a quick ratio of 2.75 and a current ratio of 2.75. The stock has a market cap of $5.78 billion, a P/E ratio of 15.18, a price-to-earnings-growth ratio of 1.14 and a beta of 1.39. EPAM Systems, Inc. has a fifty-two week low of $73.06 and a fifty-two week high of $222.53.
EPAM Systems (NYSE:EPAM – Get Free Report) last posted its quarterly earnings data on Thursday, August 6th. The information technology services provider reported $3.38 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.16 by $0.22. The company had revenue of $1.41 billion during the quarter, compared to the consensus estimate of $1.41 billion. EPAM Systems had a net margin of 7.15% and a return on equity of 15.84%. The firm’s revenue was up 4.6% compared to the same quarter last year. During the same period in the previous year, the firm posted $2.77 EPS. 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 expect that EPAM Systems, Inc. will post 10.48 earnings per share for the current fiscal year.
EPAM Systems 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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