EPAM Systems (EPAM) – Investment Analysts’ Weekly Ratings Changes

A number of firms have modified their ratings and price targets on shares of EPAM Systems (NYSE: EPAM) recently:

• 8/10/2026 – EPAM Systems had its price target lowered by Guggenheim from $165.00 to $140.00. They now have a “buy” rating on the stock.
• 8/10/2026 – EPAM Systems was given a new $130.00 price target by Mizuho.
• 8/7/2026 – EPAM Systems was given a new $97.00 price target by Morgan Stanley.
• 8/7/2026 – EPAM Systems had its price target lowered by TD Cowen from $131.00 to $120.00. They now have a “buy” rating on the stock.
• 8/7/2026 – EPAM Systems had its price target lowered by JPMorgan Chase & Co. from $142.00 to $120.00. They now have an “overweight” rating on the stock.
• 8/7/2026 – EPAM Systems had its price target lowered by Truist Financial Corporation from $112.00 to $110.00. They now have a “hold” rating on the stock.
• 8/7/2026 – EPAM Systems had its price target lowered by Susquehanna from $167.00 to $146.00. They now have a “positive” rating on the stock.
• 8/6/2026 – EPAM Systems was given a new $135.00 price target by Stifel Nicolaus.
• 8/6/2026 – EPAM Systems had its price target lowered by Needham & Company LLC from $135.00 to $120.00. They now have a “buy” rating on the stock.
• 8/6/2026 – EPAM Systems was downgraded by William Blair from “outperform” to “market perform”.
• 8/4/2026 – EPAM Systems had its “sell (d+)” rating reaffirmed by Weiss Ratings.
• 8/4/2026 – EPAM Systems had its price target lowered by Morgan Stanley from $112.00 to $100.00. They now have an “equal weight” rating on the stock.
• 7/27/2026 – EPAM Systems had its price target lowered by Citigroup Inc. from $112.00 to $100.00. They now have a “neutral” rating on the stock.
• 7/10/2026 – EPAM Systems had its “hold” rating reaffirmed by Deutsche Bank Aktiengesellschaft. They now have a $85.00 price target on the stock.
• 7/10/2026 – EPAM Systems had its price target lowered by Wells Fargo & Company from $151.00 to $125.00. They now have an “overweight” rating on the stock.
• 7/9/2026 – EPAM Systems had its price target lowered by TD Cowen from $170.00 to $131.00. They now have a “buy” rating on the stock.
• 6/15/2026 – EPAM Systems is now covered by Wedbush. They set a “neutral” rating and a $99.00 price target on the stock.
• 6/15/2026 – EPAM Systems is now covered by Wedbush. They set a “neutral” rating and a $99.00 price target on the stock.

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.