EPAM Systems (NYSE:EPAM) Shares Cross Above 200-Day Moving Average – Here’s Why

EPAM Systems, Inc. (NYSE:EPAM)’s share price crossed above its 200-day moving average during trading on Monday. The stock has a 200-day moving average of $105.37 and traded as high as $128.33. EPAM Systems shares last traded at $127.1590, with a volume of 829,640 shares.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently commented on EPAM shares. Guggenheim lowered 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. Wells Fargo & Company reduced their price objective on shares of EPAM Systems from $151.00 to $125.00 and set an “overweight” rating on the stock in a research note on Friday, July 10th. Weiss Ratings restated a “sell (d+)” rating on shares of EPAM Systems in a research report on Tuesday, August 4th. Mizuho set a $130.00 target price on shares of EPAM Systems in a research report on Monday, August 10th. Finally, Morgan Stanley set a $97.00 target price on shares of EPAM Systems in a research note on Friday, August 7th. Six research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $116.47.

EPAM Systems Price Performance

The company’s 50-day moving average is $112.94 and its 200-day moving average is $105.34. The firm has a market capitalization of $6.91 billion, a price-to-earnings ratio of 18.16, a PEG ratio of 1.32 and a beta of 1.39. The company has a debt-to-equity ratio of 0.01, a current ratio of 2.75 and a quick ratio of 2.75.

EPAM Systems (NYSE:EPAM) last issued its quarterly 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. The firm had revenue of $1.41 billion during 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%. EPAM Systems’s revenue for the quarter was up 4.6% compared to the same quarter last year. During the same quarter in the prior year, the business posted $2.77 earnings per share. 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. On average, research analysts expect that EPAM Systems, Inc. will post 10.47 earnings per share for the current year.

Institutional Investors Weigh In On EPAM Systems

A number of institutional investors have recently added to or reduced their stakes in the company. Signaturefd LLC grew its holdings in EPAM Systems by 1,068.3% during the 2nd quarter. Signaturefd LLC now owns 479 shares of the information technology services provider’s stock valued at $38,000 after purchasing an additional 438 shares in the last quarter. Global Retirement Partners LLC acquired a new position in EPAM Systems in the 2nd quarter worth $43,000. Trust Asset Management LLC acquired a new position in EPAM Systems in the 2nd quarter worth $50,000. Elevation Wealth Partners LLC boosted its position in EPAM Systems by 94.1% in the 3rd quarter. Elevation Wealth Partners LLC now owns 493 shares of the information technology services provider’s stock valued at $53,000 after buying an additional 239 shares during the last quarter. Finally, Allworth Financial LP purchased a new position in EPAM Systems in the second quarter valued at about $61,000. Hedge funds and other institutional investors own 91.58% of the company’s stock.

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.