EPAM Systems (NYSE:EPAM) Updates FY 2026 Earnings Guidance

EPAM Systems (NYSE:EPAM) issued an update on its FY 2026 earnings guidance on Saturday morning. The company provided earnings per share guidance of 12.980-13.280 for the period, compared to the consensus earnings per share estimate of 12.190. The company issued revenue guidance of $5.7 billion-$5.8 billion, compared to the consensus revenue estimate of $5.8 billion.

EPAM Systems Price Performance

Shares of EPAM opened at $102.65 on Friday. The business’s 50-day moving average is $118.22 and its 200-day moving average is $162.05. The company has a debt-to-equity ratio of 0.05, a current ratio of 2.67 and a quick ratio of 2.67. The company has a market capitalization of $5.36 billion, a price-to-earnings ratio of 14.73, a P/E/G ratio of 0.93 and a beta of 1.45. EPAM Systems has a fifty-two week low of $89.25 and a fifty-two week high of $222.53.

EPAM Systems (NYSE:EPAM) last posted its quarterly earnings results on Wednesday, May 6th. The information technology services provider reported $2.86 EPS for the quarter, topping the consensus estimate of $2.75 by $0.11. EPAM Systems had a net margin of 6.96% and a return on equity of 14.71%. The business had revenue of $1.40 billion during the quarter, compared to analysts’ expectations of $1.39 billion. During the same period last year, the company posted $2.41 earnings per share. The firm’s quarterly revenue was up 7.6% compared to the same quarter last year. Equities research analysts expect that EPAM Systems will post 10.41 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on the stock. Susquehanna decreased their target price on shares of EPAM Systems from $199.00 to $167.00 and set a “positive” rating for the company in a research note on Monday, May 4th. JPMorgan Chase & Co. cut their price objective on EPAM Systems from $215.00 to $183.00 and set an “overweight” rating for the company in a report on Friday, February 20th. Wells Fargo & Company reduced their price objective on EPAM Systems from $195.00 to $151.00 and set an “overweight” rating for the company in a research report on Friday, May 8th. The Goldman Sachs Group lowered EPAM Systems from a “buy” rating to a “neutral” rating and dropped their target price for the stock from $215.00 to $110.00 in a research report on Friday, May 8th. Finally, TD Cowen cut their price target on EPAM Systems from $220.00 to $213.00 and set a “buy” rating for the company in a research note on Monday, April 6th. Seven equities research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, EPAM Systems has a consensus rating of “Hold” and an average price target of $152.00.

Institutional Investors Weigh In On EPAM Systems

A number of large investors have recently bought and sold shares of EPAM. CYBER HORNET ETFs LLC acquired a new position in EPAM Systems during the second quarter worth $27,000. Sunbelt Securities Inc. raised its holdings in EPAM Systems by 4,233.3% during the fourth quarter. Sunbelt Securities Inc. now owns 130 shares of the information technology services provider’s stock valued at $27,000 after buying an additional 127 shares in the last quarter. MUFG Securities EMEA plc acquired a new stake in shares of EPAM Systems in the second quarter worth about $30,000. 1248 Management LLC bought a new stake in shares of EPAM Systems during the 4th quarter worth about $32,000. Finally, Atlas Capital Advisors Inc. bought a new stake in shares of EPAM Systems during the 4th quarter worth about $35,000. 91.58% of the stock is currently owned by institutional investors.

About EPAM Systems

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.