EPAM Systems (NYSE:EPAM) Given New $110.00 Price Target at Truist Financial

EPAM Systems (NYSE:EPAM) had its price target cut by Truist Financial from $112.00 to $110.00 in a research note released on Friday, MarketBeat.com reports. They currently have a hold rating on the information technology services provider’s stock.

Several other equities analysts also recently commented on the company. Jefferies Financial Group downgraded EPAM Systems from a “buy” rating to a “hold” rating and dropped their price objective for the company from $130.00 to $110.00 in a research note on Friday, May 29th. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and issued a $85.00 target price on shares of EPAM Systems in a research report on Friday, July 10th. 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. Wedbush started coverage on EPAM Systems in a research report on Monday, June 15th. They set a “neutral” rating and a $99.00 price target on the stock. Finally, Wells Fargo & Company cut their price target on EPAM Systems from $151.00 to $125.00 and set an “overweight” rating for the company in a research note on Friday, July 10th. Seven equities research analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $125.13.

EPAM Systems Stock Performance

NYSE EPAM opened at $97.52 on Friday. The company has a market capitalization of $5.09 billion, a PE ratio of 13.21, a price-to-earnings-growth ratio of 0.88 and a beta of 1.39. The company has a debt-to-equity ratio of 0.01, a quick ratio of 2.67 and a current ratio of 2.75. EPAM Systems has a 52-week low of $73.06 and a 52-week high of $222.53. The company has a 50-day simple moving average of $91.11 and a 200 day simple moving average of $123.83.

EPAM Systems (NYSE:EPAM) last released its earnings results on Thursday, August 6th. The information technology services provider reported $3.38 earnings per share for the quarter, beating 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 analysts’ expectations of $1.41 billion. During the same period in the previous year, the company earned $2.77 earnings per share. The company’s quarterly revenue 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. On average, research analysts predict that EPAM Systems will post 10.4 EPS for the current year.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the business. Sunbelt Securities Inc. lifted its position in shares of 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 worth $27,000 after acquiring an additional 127 shares in the last quarter. CYBER HORNET ETFs LLC bought a new position in shares of EPAM Systems in the second quarter worth $27,000. MUFG Securities EMEA plc purchased a new position in shares of EPAM Systems in the second quarter valued at $30,000. Sound Income Strategies LLC raised its stake in shares of EPAM Systems by 279.5% during 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 period. Finally, 1248 Management LLC bought a new stake in shares of EPAM Systems during the 4th quarter valued at $32,000. 91.58% of the stock is currently owned by hedge funds and other institutional investors.

More 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.