EPAM Systems (NYSE:EPAM) Issues 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 Trading Up 1.2%

Shares of EPAM stock opened at $102.65 on Friday. The stock has a 50-day simple moving average of $118.22 and a 200 day simple moving average of $162.05. The stock has a market capitalization of $5.36 billion, a P/E 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. The company has a quick ratio of 2.67, a current ratio of 2.67 and a debt-to-equity ratio of 0.05.

EPAM Systems (NYSE:EPAM) last issued 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 firm had revenue of $1.40 billion for the quarter, compared to analysts’ expectations of $1.39 billion. During the same period in the previous year, the business earned $2.41 earnings per share. EPAM Systems’s revenue for the quarter was up 7.6% compared to the same quarter last year. On average, sell-side analysts expect that EPAM Systems will post 10.41 earnings per share for the current fiscal year.

Analysts Set New Price Targets

EPAM has been the subject of several recent research reports. Truist Financial cut their target price on shares of EPAM Systems from $146.00 to $112.00 and set a “hold” rating for the company in a research note on Friday, May 8th. The Goldman Sachs Group lowered shares of EPAM Systems from a “buy” rating to a “neutral” rating and decreased their price target for the stock from $215.00 to $110.00 in a research report on Friday, May 8th. Guggenheim dropped their price target on EPAM Systems from $225.00 to $200.00 and set a “buy” rating on the stock in a report on Monday, May 4th. Morgan Stanley set a $112.00 price objective on EPAM Systems in a research report on Friday, May 8th. Finally, Susquehanna reduced their price objective on EPAM Systems from $199.00 to $167.00 and set a “positive” rating for the company in a research note on Monday, May 4th. Seven investment analysts have rated the stock with a Buy rating, six have given a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat, EPAM Systems currently has a consensus rating of “Hold” and a consensus target price of $152.00.

Institutional Investors Weigh In On EPAM Systems

A number of large investors have recently made changes to their positions in EPAM. CYBER HORNET ETFs LLC purchased a new stake in shares of EPAM Systems in the 2nd quarter valued at approximately $27,000. Sunbelt Securities Inc. grew its position in EPAM Systems by 4,233.3% during the 4th quarter. Sunbelt Securities Inc. now owns 130 shares of the information technology services provider’s stock worth $27,000 after purchasing an additional 127 shares in the last quarter. MUFG Securities EMEA plc purchased a new position in EPAM Systems during the 2nd quarter worth approximately $30,000. 1248 Management LLC acquired a new stake in EPAM Systems during the 4th quarter valued at $32,000. Finally, Atlas Capital Advisors Inc. purchased a new stake in shares of EPAM Systems in the fourth quarter valued at $35,000. Institutional investors and hedge funds 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.