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

EPAM Systems (NYSE:EPAM) had its price target lowered by 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.

A number of other research firms have also issued reports on EPAM. Guggenheim reduced their price target on EPAM Systems from $225.00 to $200.00 and set a “buy” rating on the stock in a research report on Monday, May 4th. Citigroup decreased their price objective on shares of EPAM Systems from $112.00 to $100.00 and set a “neutral” rating for the company in a research note on Monday, July 27th. Morgan Stanley lowered their target price on shares of EPAM Systems from $112.00 to $100.00 and set an “equal weight” rating on the stock in a research report on Tuesday. Needham & Company LLC dropped their price target on EPAM Systems from $135.00 to $120.00 and set a “buy” rating on the stock in a research report on Thursday. Finally, TD Cowen cut their price objective on shares of EPAM Systems from $170.00 to $131.00 and set a “buy” rating for the company in a research report on Thursday, July 9th. Seven analysts have rated the stock with a Buy rating, nine have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $125.13.

EPAM Systems Stock Up 4.8%

Shares of NYSE EPAM opened at $97.52 on Friday. The company has a current ratio of 2.75, a quick ratio of 2.67 and a debt-to-equity ratio of 0.01. The company has a 50-day moving average of $91.11 and a 200 day moving average of $123.83. The stock has a market cap of $5.09 billion, a PE ratio of 13.21, a P/E/G ratio of 0.88 and a beta of 1.39. EPAM Systems has a 12-month low of $73.06 and a 12-month high of $222.53.

EPAM Systems (NYSE:EPAM) last released its quarterly earnings results on Thursday, August 6th. The information technology services provider reported $3.38 EPS for the quarter, beating the consensus estimate of $3.16 by $0.22. The firm had revenue of $1.41 billion for the quarter, compared to analyst estimates of $1.41 billion. EPAM Systems had a net margin of 7.15% and a return on equity of 15.84%. The business’s revenue for the quarter was up 4.6% compared to the same quarter last year. During the same quarter in the previous year, the company earned $2.77 EPS. 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. As a group, sell-side analysts predict that EPAM Systems will post 10.4 EPS for the current fiscal year.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Sunbelt Securities Inc. boosted its stake in shares of 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 acquiring an additional 127 shares in the last quarter. CYBER HORNET ETFs LLC purchased a new position in EPAM Systems in the 2nd quarter valued at approximately $27,000. MUFG Securities EMEA plc purchased a new position in EPAM Systems in the 2nd quarter valued at approximately $30,000. Sound Income Strategies LLC raised its holdings in EPAM Systems by 279.5% during the fourth quarter. Sound Income Strategies LLC now owns 148 shares of the information technology services provider’s stock worth $31,000 after purchasing an additional 109 shares during the last quarter. Finally, 1248 Management LLC acquired a new position in EPAM Systems during the fourth quarter worth $32,000. 91.58% of the stock is currently owned by institutional investors and hedge funds.

Key EPAM Systems News

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

• Positive Sentiment: EPAM reported second-quarter non-GAAP EPS of $3.38, above the $3.14–$3.16 analyst consensus, while revenue of $1.415 billion was approximately in line with expectations and increased 4.5% year over year. Non-GAAP operating margin expanded to 16.4% from 15.0%, and EPS rose 22% from the prior year. EPAM Reports Results for Second Quarter 2026
• Positive Sentiment: Full-year adjusted EPS guidance of $13.08 to $13.24 is above the roughly $12.53 consensus, and third-quarter EPS guidance of $3.38 to $3.46 also exceeds estimates. EPAM additionally repurchased $85 million of stock during the quarter, bringing year-to-date repurchases to $409 million. EPAM Q2 Earnings and Revenues Surpass Estimates
• Neutral Sentiment: JPMorgan lowered its price target to $120 from $142 but retained an “overweight” rating. Susquehanna cut its target to $146 from $167 while maintaining a “positive” rating, and Needham reduced its target to $120 from $135 while keeping a “buy” rating. The revised targets still imply substantial potential appreciation from recent levels.
• Negative Sentiment: EPAM reduced its full-year revenue-growth outlook to 3.2%–4.2%, including 2.0%–3.0% organic constant-currency growth, reflecting weaker demand for software services. Reuters reported that the forecast cut triggered a sharp premarket selloff and remains the main investor concern. EPAM Cuts Annual Revenue Forecast on Weak Software Services Demand
• Negative Sentiment: Truist lowered its price target to $110 from $112 and assigned a “hold” rating, while William Blair downgraded EPAM from “outperform” to “market perform.” These actions reinforce caution around the company’s slower top-line growth.

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.