EPAM Systems (NYSE:EPAM) Stock Price Down 4.5% – Time to Sell?

EPAM Systems, Inc. (NYSE:EPAM) shares traded down 4.5% on Friday. The company traded as low as $109.31 and last traded at $109.2350. Approximately 105,558 shares were traded during trading, a decline of 93% from the average session volume of 1,506,707 shares. The stock had previously closed at $114.35.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on the stock. Needham & Company LLC cut their price target on shares of EPAM Systems from $135.00 to $120.00 and set a “buy” rating on the stock in a report on Thursday, August 6th. Susquehanna lowered their target price on EPAM Systems from $167.00 to $146.00 and set a “positive” rating for the company in a research report on Friday, August 7th. Guggenheim cut their target price on EPAM Systems from $165.00 to $140.00 and set a “buy” rating on the stock in a report on Monday, August 10th. Stifel Nicolaus set a $135.00 price target on EPAM Systems in a research report on Thursday, August 6th. Finally, TD Cowen decreased their price target on EPAM Systems from $131.00 to $120.00 and set a “buy” rating for the company in a research note on Friday, August 7th. Six analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, EPAM Systems currently has an average rating of “Hold” and an average target price of $116.47.

EPAM Systems Trading Down 4.3%

The firm has a 50-day moving average of $109.16 and a 200 day moving average of $107.13. The company has a market cap of $5.64 billion, a P/E ratio of 14.82, a price-to-earnings-growth ratio of 1.13 and a beta of 1.39. The company has a current ratio of 2.75, a quick ratio of 2.75 and a debt-to-equity ratio of 0.01.

EPAM Systems (NYSE:EPAM) last issued its quarterly earnings results on Thursday, August 6th. The information technology services provider reported $3.38 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.16 by $0.22. The firm had revenue of $1.41 billion for the quarter, compared to analyst estimates of $1.41 billion. EPAM Systems had a return on equity of 15.84% and a net margin of 7.15%.The company’s revenue was up 4.6% compared to the same quarter last year. During the same period in the previous year, the firm earned $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, analysts predict that EPAM Systems, Inc. will post 10.47 earnings per share for the current fiscal year.

Institutional Investors Weigh In On EPAM Systems

A number of large investors have recently bought and sold shares of the stock. Rothschild Investment LLC boosted its position in shares of EPAM Systems by 51.4% during the 4th quarter. Rothschild Investment LLC now owns 159 shares of the information technology services provider’s stock worth $33,000 after purchasing an additional 54 shares in the last quarter. Hantz Financial Services Inc. increased its position in EPAM Systems by 156.4% in the 4th quarter. Hantz Financial Services Inc. now owns 241 shares of the information technology services provider’s stock valued at $49,000 after buying an additional 147 shares in the last quarter. Clearstead Advisors LLC raised its stake in EPAM Systems by 60.3% during the 4th quarter. Clearstead Advisors LLC now owns 242 shares of the information technology services provider’s stock worth $50,000 after buying an additional 91 shares during the period. SHP Wealth Management acquired a new position in EPAM Systems during the 4th quarter worth approximately $62,000. Finally, Signaturefd LLC boosted its holdings in EPAM Systems by 1,068.3% in the second quarter. Signaturefd LLC now owns 479 shares of the information technology services provider’s stock worth $38,000 after acquiring an additional 438 shares in the last quarter. 91.58% of the stock is currently owned by institutional investors and hedge funds.

EPAM Systems Company Profile

EPAM Systems, Inc (NYSE: EPAM) is a global digital engineering and technology services company that helps businesses design, build and modernize software and digital platforms. Its services include software development, product and platform engineering, cloud services, data and analytics, artificial intelligence, cybersecurity, and technology consulting.

The company works with clients across industries including financial services, healthcare, life sciences, retail, travel and consumer products, media, telecommunications, and energy.