EPAM Systems, Inc. (NYSE:EPAM) Sees Large Growth in Short Interest

EPAM Systems, Inc. (NYSE:EPAM) was the target of a large growth in short interest in March. As of March 13th, there was short interest totaling 6,691,351 shares, a growth of 45.9% from the February 26th total of 4,587,520 shares. Based on an average trading volume of 1,358,924 shares, the short-interest ratio is currently 4.9 days. Approximately 12.9% of the company’s stock are short sold.

Analysts Set New Price Targets

EPAM has been the subject of a number of research analyst reports. Wall Street Zen downgraded EPAM Systems from a “buy” rating to a “hold” rating in a report on Saturday, March 14th. JPMorgan Chase & Co. cut their price objective on shares of EPAM Systems from $215.00 to $183.00 and set an “overweight” rating on the stock in a report on Friday, February 20th. Truist Financial reduced their price objective on shares of EPAM Systems from $220.00 to $146.00 and set a “hold” rating for the company in a research report on Friday, February 20th. Mizuho upped their target price on shares of EPAM Systems from $199.00 to $200.00 and gave the company an “outperform” rating in a report on Monday, March 16th. Finally, Zacks Research downgraded shares of EPAM Systems from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, January 28th. Eleven research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company. According to data from MarketBeat, EPAM Systems currently has a consensus rating of “Moderate Buy” and a consensus target price of $196.06.

EPAM Systems Stock Performance

NYSE:EPAM traded down $0.90 during mid-day trading on Friday, reaching $135.25. 989,614 shares of the stock were exchanged, compared to its average volume of 1,275,326. The company has a 50 day simple moving average of $163.74 and a 200-day simple moving average of $173.98. The stock has a market capitalization of $7.32 billion, a P/E ratio of 20.10, a P/E/G ratio of 1.31 and a beta of 1.77. The company has a quick ratio of 2.59, a current ratio of 2.59 and a debt-to-equity ratio of 0.01. EPAM Systems has a 1 year low of $125.57 and a 1 year high of $222.53.

EPAM Systems (NYSE:EPAM) last issued its quarterly earnings data on Thursday, February 19th. The information technology services provider reported $3.26 earnings per share for the quarter, beating analysts’ consensus estimates of $3.16 by $0.10. The company had revenue of $1.41 billion during the quarter, compared to analysts’ expectations of $1.39 billion. EPAM Systems had a return on equity of 13.57% and a net margin of 6.92%.The firm’s revenue for the quarter was up 12.8% on a year-over-year basis. During the same quarter in the previous year, the business earned $2.84 earnings per share. 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. Analysts anticipate that EPAM Systems will post 8.9 earnings per share for the current fiscal year.

Institutional Trading of EPAM Systems

A number of large investors have recently bought and sold shares of the business. Manning & Napier Advisors LLC purchased a new stake in shares of EPAM Systems in the third quarter valued at about $25,000. Sunbelt Securities Inc. grew its holdings in shares of 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 worth $27,000 after buying an additional 127 shares during the last quarter. CYBER HORNET ETFs LLC acquired a new position in EPAM Systems in the 2nd quarter valued at about $27,000. True Wealth Design LLC raised its stake in EPAM Systems by 1,870.0% during the 3rd quarter. True Wealth Design LLC now owns 197 shares of the information technology services provider’s stock valued at $30,000 after acquiring an additional 187 shares during the last quarter. Finally, MUFG Securities EMEA plc purchased a new stake in EPAM Systems during the 2nd quarter valued at approximately $30,000. Institutional investors and hedge funds own 91.58% of the company’s stock.

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.