EPAM Systems (NYSE:EPAM) Given New $176.00 Price Target at Wells Fargo & Company

EPAM Systems (NYSE:EPAM) had its price target boosted by Wells Fargo & Company from $156.00 to $176.00 in a research report report published on Friday,Benzinga reports. They currently have an overweight rating on the information technology services provider’s stock.

Other research analysts have also recently issued research reports about the company. Susquehanna lifted their target price on EPAM Systems from $146.00 to $190.00 and gave the company a “positive” rating in a research report on Friday. Morgan Stanley upped their price target on EPAM Systems from $97.00 to $140.00 and gave the stock an “equal weight” rating in a report on Wednesday. Weiss Ratings raised EPAM Systems from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Friday, October 23rd. TD Cowen dropped their price objective on EPAM Systems from $131.00 to $120.00 and set a “buy” rating on the stock in a research note on Friday, August 7th. Finally, Stifel Nicolaus set a $135.00 price objective on shares of EPAM Systems in a report on Thursday, August 6th. Six research analysts have rated the stock with a Buy rating and eleven have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $143.73.

EPAM Systems Stock Down 4.1%

Shares of EPAM traded down $6.87 on Friday, reaching $158.83. The company’s stock had a trading volume of 3,339,845 shares, compared to its average volume of 932,562. EPAM Systems has a twelve month low of $73.06 and a twelve month high of $222.53. The stock has a market capitalization of $8.19 billion, a PE ratio of 19.85, a PEG ratio of 1.49 and a beta of 1.28. The company has a current ratio of 2.75, a quick ratio of 2.75 and a debt-to-equity ratio of 0.01. The firm has a fifty day moving average of $121.86 and a 200-day moving average of $121.40.

EPAM Systems (NYSE:EPAM) last released its quarterly earnings results on Thursday, November 5th. The information technology services provider reported $3.51 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.41 by $0.10. The business had revenue of $1.43 billion during the quarter, compared to the consensus estimate of $1.42 billion. EPAM Systems had a return on equity of 15.84% and a net margin of 7.15%. The company’s quarterly revenue was up 2.3% on a year-over-year basis. During the same quarter in the previous year, the business earned $3.08 EPS. Equities analysts predict that EPAM Systems will post 10.47 EPS for the current year.

Hedge Funds Weigh In On EPAM Systems

Several hedge funds have recently modified their holdings of EPAM. BlackRock Inc. purchased a new position in shares of EPAM Systems in the 2nd quarter worth approximately $526,684,000. Bank of America Corp DE purchased a new stake in shares of EPAM Systems during the second quarter valued at approximately $52,531,000. Bank of New York Mellon Corp purchased a new stake in shares of EPAM Systems during the second quarter valued at approximately $24,729,000. Assenagon Asset Management S.A. increased its position in shares of EPAM Systems by 1,560.4% during the second quarter. Assenagon Asset Management S.A. now owns 292,542 shares of the information technology services provider’s stock valued at $23,213,000 after acquiring an additional 274,923 shares during the last quarter. Finally, Freestone Grove Partners LP bought a new stake in EPAM Systems during the second quarter worth $18,816,000. Institutional investors own 91.58% of the company’s stock.

Trending Headlines about EPAM Systems

Here are the key news stories impacting EPAM Systems this week:

• Positive Sentiment: Third-quarter non-GAAP EPS of $3.51 topped the $3.41 consensus, and revenue of $1.426 billion exceeded estimates of $1.42 billion, rising 2.3% year over year. EPAM also raised its 2026 outlook, forecasting full-year non-GAAP EPS of $13.23–$13.31 and revenue growth of 3.5%–3.7%. EPAM Reports Results for Third Quarter 2026
• Positive Sentiment: EPAM expanded its remaining share-repurchase authorization to $1.8 billion, plans a $500 million accelerated repurchase, and committed to return at least 50% of free cash flow to shareholders annually from 2027 through 2029. It also lifted its 2026 AI-native revenue target to $650 million. EPAM shareholder-return and AI revenue plans
• Positive Sentiment: Several firms raised price targets after the results. Susquehanna lifted its target to $190 with a positive rating, while Wells Fargo raised its target to $176 and maintained an overweight rating. Susquehanna recommendations
• Neutral Sentiment: Revenue growth remains in the low single digits, which may temper enthusiasm despite the earnings beat and improved outlook. Analyst views are also mixed: Truist kept a hold rating and Wedbush a neutral rating after raising their targets. EPAM 2026 earnings guidance

About EPAM Systems

EPAM Systems, Inc is a global digital engineering and technology services company that helps organizations design, develop and modernize software and digital platforms. Its services support digital transformation initiatives across industries, including financial services, healthcare, life sciences, retail, travel and consumer products.

The company provides software engineering, product development, consulting, cloud services, data and analytics, artificial intelligence, cybersecurity, quality assurance and platform engineering.