Zacks Research Forecasts Weaker Earnings for EPAM Systems

EPAM Systems, Inc. (NYSE:EPAM) – Equities research analysts at Zacks Research dropped their Q3 2026 earnings per share estimates for EPAM Systems in a research report issued on Thursday, August 27th. Zacks Research analyst Team now anticipates that the information technology services provider will post earnings of $2.77 per share for the quarter, down from their prior forecast of $2.81. The consensus estimate for EPAM Systems’ current full-year earnings is $10.48 per share. Zacks Research also issued estimates for EPAM Systems’ Q2 2027 earnings at $2.70 EPS and Q3 2027 earnings at $2.90 EPS.

EPAM Systems (NYSE:EPAM) last issued its quarterly earnings results on Thursday, August 6th. The information technology services provider reported $3.38 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.16 by $0.22. EPAM Systems had a net margin of 7.15% and a return on equity of 15.84%. The firm had revenue of $1.41 billion for the quarter, compared to the consensus estimate of $1.41 billion. During the same quarter in the previous year, the company earned $2.77 EPS. The company’s revenue for the quarter was up 4.6% on a year-over-year basis. 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.

Several other brokerages have also commented on EPAM. Mizuho set a $130.00 target price on EPAM Systems in a research report on Monday, August 10th. Wells Fargo & Company dropped their price target on EPAM Systems from $151.00 to $125.00 and set an “overweight” rating on the stock in a research note on Friday, July 10th. Needham & Company LLC cut their target price on shares of EPAM Systems from $135.00 to $120.00 and set a “buy” rating on the stock in a research note on Thursday, August 6th. Guggenheim reduced their price target on shares of EPAM Systems from $165.00 to $140.00 and set a “buy” rating for the company in a report on Monday, August 10th. Finally, Jefferies Financial Group cut shares of EPAM Systems from a “buy” rating to a “hold” rating and reduced their price target for the stock from $130.00 to $110.00 in a report on Friday, May 29th. Six research analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $116.47.

EPAM Systems Stock Performance

EPAM stock opened at $117.90 on Monday. The firm has a market cap of $6.08 billion, a PE ratio of 15.98, a price-to-earnings-growth ratio of 1.18 and a beta of 1.39. The company has a current ratio of 2.75, a quick ratio of 2.75 and a debt-to-equity ratio of 0.01. The stock has a 50-day moving average price of $95.51 and a 200-day moving average price of $112.27. EPAM Systems has a 1-year low of $73.06 and a 1-year high of $222.53.

Institutional Trading of EPAM Systems

Hedge funds have recently bought and sold shares of the business. Sunbelt Securities Inc. boosted its stake in EPAM Systems by 4,233.3% in the fourth quarter. Sunbelt Securities Inc. now owns 130 shares of the information technology services provider’s stock valued at $27,000 after acquiring an additional 127 shares during the last quarter. CYBER HORNET ETFs LLC purchased a new stake in shares of EPAM Systems during the 2nd quarter worth approximately $27,000. MUFG Securities EMEA plc purchased a new stake in shares of EPAM Systems during the 2nd quarter worth approximately $30,000. 1248 Management LLC bought a new stake in shares of EPAM Systems in the 4th quarter worth approximately $32,000. Finally, Rothschild Investment LLC raised its holdings in shares of EPAM Systems by 51.4% in the 4th quarter. Rothschild Investment LLC now owns 159 shares of the information technology services provider’s stock worth $33,000 after purchasing an additional 54 shares during the period. 91.58% of the stock is currently owned by institutional investors.

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.