EPAM Systems (NYSE:EPAM) Updates Q1 2026 Earnings Guidance

EPAM Systems (NYSE:EPAM) issued an update on its first quarter 2026 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of 2.700-2.780 for the period, compared to the consensus estimate of 2.510. The company issued revenue guidance of $1.4 billion-$1.4 billion, compared to the consensus revenue estimate of $1.4 billion. EPAM Systems also updated its FY 2026 guidance to 12.600-12.900 EPS.

EPAM Systems Trading Up 3.5%

EPAM stock opened at $167.87 on Thursday. The firm has a market cap of $9.27 billion, a P/E ratio of 25.63, a P/E/G ratio of 1.94 and a beta of 1.72. EPAM Systems has a 1-year low of $138.15 and a 1-year high of $261.50. The company has a current ratio of 3.02, a quick ratio of 3.02 and a debt-to-equity ratio of 0.01. The business’s 50 day moving average is $203.12 and its 200-day moving average is $178.98.

EPAM Systems (NYSE:EPAM) last announced its earnings results on Thursday, February 19th. The information technology services provider reported $2.62 EPS for the quarter, missing the consensus estimate of $3.16 by ($0.54). EPAM Systems had a return on equity of 13.16% and a net margin of 7.01%.EPAM Systems has set its FY 2026 guidance at 12.600-12.900 EPS and its Q1 2026 guidance at 2.700-2.780 EPS. Equities analysts anticipate that EPAM Systems will post 8.9 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of equities analysts have issued reports on the stock. TD Cowen reaffirmed a “buy” rating on shares of EPAM Systems in a research note on Friday, January 9th. Mizuho raised their price objective on shares of EPAM Systems from $225.00 to $228.00 and gave the stock an “outperform” rating in a report on Tuesday, November 11th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of EPAM Systems in a research report on Monday, December 29th. Wells Fargo & Company increased their target price on EPAM Systems from $185.00 to $247.00 and gave the stock an “overweight” rating in a report on Wednesday, January 14th. Finally, Citigroup boosted their price target on EPAM Systems from $170.00 to $225.00 and gave the company a “neutral” rating in a report on Thursday, January 29th. Ten equities research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $214.20.

Insider Buying and Selling at EPAM Systems

In related news, SVP Boris Shnayder sold 5,000 shares of the firm’s stock in a transaction dated Wednesday, December 10th. The shares were sold at an average price of $207.00, for a total value of $1,035,000.00. Following the completion of the sale, the senior vice president directly owned 15,645 shares in the company, valued at approximately $3,238,515. This trade represents a 24.22% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. 4.30% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On EPAM Systems

A number of large investors have recently added to or reduced their stakes in EPAM. CYBER HORNET ETFs LLC acquired a new position in shares of EPAM Systems in the second quarter valued at approximately $27,000. MUFG Securities EMEA plc acquired a new position in EPAM Systems in the 2nd quarter valued at approximately $30,000. 1248 Management LLC bought a new position in shares of EPAM Systems during the fourth quarter valued at $32,000. Atlas Capital Advisors Inc. acquired a new position in shares of EPAM Systems during the fourth quarter worth $35,000. Finally, Transamerica Financial Advisors LLC grew its stake in shares of EPAM Systems by 148.2% in the fourth quarter. Transamerica Financial Advisors LLC now owns 278 shares of the information technology services provider’s stock worth $57,000 after purchasing an additional 166 shares during the last quarter. Institutional investors 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.