Susquehanna Cuts EPAM Systems (NYSE:EPAM) Price Target to $146.00

EPAM Systems (NYSE:EPAM) had its price objective dropped by equities researchers at Susquehanna from $167.00 to $146.00 in a report issued on Friday,Benzinga reports. The firm currently has a “positive” rating on the information technology services provider’s stock. Susquehanna’s target price would indicate a potential upside of 56.95% from the company’s previous close.

Several other research firms also recently commented on EPAM. Stifel Nicolaus set a $135.00 target price on EPAM Systems in a research report on Thursday. Needham & Company LLC lowered their price objective on EPAM Systems from $135.00 to $120.00 and set a “buy” rating on the stock in a research report on Thursday. Wedbush assumed coverage on shares of EPAM Systems in a research report on Monday, June 15th. They issued a “neutral” rating and a $99.00 target price for the company. Citigroup decreased their price target on shares of EPAM Systems from $112.00 to $100.00 and set a “neutral” rating on the stock in a research note on Monday, July 27th. Finally, Truist Financial decreased their target price on shares of EPAM Systems from $146.00 to $112.00 and set a “hold” rating on the stock in a research report on Friday, May 8th. Seven investment analysts have rated the stock with a Buy rating, nine have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, EPAM Systems presently has an average rating of “Hold” and an average target price of $130.40.

EPAM Systems Price Performance

Shares of EPAM opened at $93.02 on Friday. The firm has a market capitalization of $4.86 billion, a PE ratio of 13.35, a PEG ratio of 1.04 and a beta of 1.39. The company’s 50-day moving average is $91.22 and its 200-day moving average is $124.01. EPAM Systems has a fifty-two week low of $73.06 and a fifty-two week high of $222.53. The company has a debt-to-equity ratio of 0.05, a current ratio of 2.67 and a quick ratio of 2.67.

EPAM Systems (NYSE:EPAM) last announced its earnings results on Thursday, August 6th. The information technology services provider reported $3.38 EPS for the quarter, topping the consensus estimate of $3.16 by $0.22. EPAM Systems had a net margin of 6.96% and a return on equity of 14.71%. The business had revenue of $1.41 billion during the quarter, compared to the consensus estimate of $1.41 billion. During the same quarter in the previous year, the firm posted $2.77 EPS. EPAM Systems’s revenue was up 4.6% compared to the same quarter last year. EPAM Systems has set its FY 2026 guidance at 13.080-13.240 EPS and its Q3 2026 guidance at 3.380-3.460 EPS. Equities analysts forecast that EPAM Systems will post 10.4 EPS for the current year.

Institutional Trading of EPAM Systems

Institutional investors and hedge funds have recently made changes to their positions in the company. Sunbelt Securities Inc. raised its position in 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 valued at $27,000 after purchasing an additional 127 shares in the last quarter. Sound Income Strategies LLC increased its stake in shares of EPAM Systems by 279.5% in the 4th quarter. Sound Income Strategies LLC now owns 148 shares of the information technology services provider’s stock valued at $31,000 after purchasing an additional 109 shares during the last quarter. CYBER HORNET ETFs LLC acquired a new stake in EPAM Systems in the second quarter valued at about $27,000. 1248 Management LLC bought a new position in EPAM Systems in the fourth quarter valued at about $32,000. Finally, Rothschild Investment LLC raised its stake in EPAM Systems by 51.4% during the fourth quarter. Rothschild Investment LLC now owns 159 shares of the information technology services provider’s stock worth $33,000 after acquiring an additional 54 shares in the last quarter. Institutional investors own 91.58% of the company’s stock.

Key EPAM Systems News

Here are the key news stories impacting EPAM Systems this week:

• Positive Sentiment: EPAM reported second-quarter revenue of $1.415 billion, up 4.5% year over year, while non-GAAP diluted EPS rose 22% to $3.38 and exceeded consensus estimates. Operating margins also improved, and the company repurchased $85 million of stock during the quarter, bringing year-to-date buybacks to $409 million. EPAM Reports Results for Second Quarter 2026
• Positive Sentiment: EPAM’s adjusted full-year EPS outlook of $13.08 to $13.24 is above the roughly $12.53 analyst consensus, and third-quarter EPS guidance of $3.38 to $3.46 also exceeds estimates. EPAM Q2 Earnings and Revenues Surpass Estimates
• Neutral Sentiment: Needham lowered its price target to $120 from $135 but retained a Buy rating, implying substantial potential upside from the stock’s approximately $93 level. Morgan Stanley also reduced its target, to $100, signaling more cautious valuation expectations.
• Negative Sentiment: EPAM cut its full-year revenue-growth forecast to 3.2%–4.2%, with organic constant-currency growth of only 2.0%–3.0%. Full-year revenue guidance of $5.6 billion to $5.7 billion is at or below the $5.7 billion consensus, highlighting weaker software-services demand. EPAM cuts annual revenue forecast on weak software services demand
• Negative Sentiment: William Blair downgraded EPAM from Outperform to Market Perform. The downgrade, combined with the revenue forecast reduction, suggests analysts are concerned that near-term demand weakness may outweigh the company’s earnings and margin performance.

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.