EPAM Systems (NYSE:EPAM) Stock Price Expected to Rise, Needham & Company LLC Analyst Says

EPAM Systems (NYSE:EPAM) had its price objective hoisted by stock analysts at Needham & Company LLC from $120.00 to $200.00 in a research note issued to investors on Thursday, Benzinga reports. The firm presently has a “buy” rating on the information technology services provider’s stock. Needham & Company LLC‘s price objective points to a potential upside of 25.92% from the stock’s current price.

A number of other brokerages have also weighed in on EPAM. Weiss Ratings upgraded shares of EPAM Systems from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Friday, October 23rd. Stifel Nicolaus set a $135.00 price target on EPAM Systems in a research note on Thursday, August 6th. Citigroup upped their price objective on EPAM Systems from $100.00 to $140.00 and gave the company a “neutral” rating in a research report on Monday, October 26th. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and set a $85.00 price objective on shares of EPAM Systems in a research report on Friday, July 10th. Finally, Mizuho set a $130.00 target price on EPAM Systems in a report on Monday, August 10th. Six analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the company. According to MarketBeat.com, EPAM Systems presently has an average rating of “Hold” and a consensus target price of $143.73.

EPAM Systems Stock Performance

Shares of NYSE EPAM traded down $6.87 during trading on Thursday, reaching $158.83. 3,339,845 shares of the company traded hands, compared to its average volume of 932,562. The firm has a 50 day simple moving average of $121.86 and a 200-day simple moving average of $121.40. The company has a quick ratio of 2.75, a current ratio of 2.75 and a debt-to-equity ratio of 0.01. The stock has a market capitalization of $8.19 billion, a PE ratio of 19.85, a P/E/G ratio of 1.49 and a beta of 1.28. EPAM Systems has a 52-week low of $73.06 and a 52-week high of $222.53.

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

Institutional Investors Weigh In On EPAM Systems

Hedge funds have recently modified their holdings of the business. Russell Investments Group Ltd. grew its holdings in EPAM Systems by 30.3% during the third quarter. Russell Investments Group Ltd. now owns 45,342 shares of the information technology services provider’s stock valued at $4,911,000 after purchasing an additional 10,535 shares during the period. Maryland State Retirement & Pension System boosted its holdings in EPAM Systems by 37.4% in the 3rd quarter. Maryland State Retirement & Pension System now owns 14,223 shares of the information technology services provider’s stock worth $1,541,000 after buying an additional 3,873 shares during the period. Davis Investment Partners LLC purchased a new stake in shares of EPAM Systems during the third quarter worth about $372,000. Illinois Municipal Retirement Fund lifted its holdings in EPAM Systems by 252.9% in the 3rd quarter. Illinois Municipal Retirement Fund now owns 58,749 shares of the information technology services provider’s stock worth $6,366,000 after purchasing an additional 42,103 shares in the last quarter. Finally, Fulcrum Asset Management LLP lifted its holdings in EPAM Systems by 96,341.9% in the 3rd quarter. Fulcrum Asset Management LLP now owns 29,897 shares of the information technology services provider’s stock worth $3,203,000 after purchasing an additional 29,866 shares in the last quarter. Institutional investors own 91.58% of the company’s stock.

More EPAM Systems News

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

EPAM Systems Company Profile

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.