EPAM Systems (NYSE:EPAM) Cut to Neutral at JPMorgan Chase & Co.

JPMorgan Chase & Co. downgraded shares of EPAM Systems (NYSE:EPAM) from an overweight rating to a neutral rating in a research note issued to investors on Wednesday morning, MarketBeat reports. The brokerage currently has $120.00 target price on the information technology services provider’s stock.

A number of other research analysts have also weighed in on EPAM. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and set a $85.00 target price on shares of EPAM Systems in a research report on Friday, July 10th. Citigroup dropped their price objective on EPAM Systems from $112.00 to $100.00 and set a “neutral” rating on the stock in a research note on Monday, July 27th. Weiss Ratings reissued a “sell (d+)” rating on shares of EPAM Systems in a research report on Tuesday, August 4th. Wedbush assumed coverage on EPAM Systems in a research note on Monday, June 15th. They set a “neutral” rating and a $99.00 target price for the company. Finally, William Blair downgraded EPAM Systems from an “outperform” rating to a “market perform” rating in a research note on Thursday, August 6th. Six equities research analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, EPAM Systems currently has an average rating of “Hold” and a consensus target price of $116.47.

EPAM Systems Trading Up 1.9%

NYSE:EPAM opened at $114.86 on Wednesday. EPAM Systems has a 12 month low of $73.06 and a 12 month high of $222.53. The firm has a market cap of $5.93 billion, a price-to-earnings ratio of 15.56, a P/E/G ratio of 1.16 and a beta of 1.39. The company has a quick ratio of 2.75, a current ratio of 2.75 and a debt-to-equity ratio of 0.01. The company’s 50 day moving average is $94.67 and its 200-day moving average is $113.33.

EPAM Systems (NYSE:EPAM) last issued its quarterly earnings data on Thursday, August 6th. The information technology services provider reported $3.38 earnings per share 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 business had revenue of $1.41 billion during 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. EPAM Systems’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. Equities analysts anticipate that EPAM Systems will post 10.48 EPS for the current year.

Institutional Trading of EPAM Systems

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Aikya Investment Management Ltd lifted its stake in shares of EPAM Systems by 8.4% in the fourth quarter. Aikya Investment Management Ltd now owns 763,798 shares of the information technology services provider’s stock valued at $156,487,000 after buying an additional 58,977 shares during the period. Van Berkom & Associates Inc. increased its stake in EPAM Systems by 14.6% during the fourth quarter. Van Berkom & Associates Inc. now owns 423,510 shares of the information technology services provider’s stock valued at $86,769,000 after acquiring an additional 54,075 shares during the period. Arrowstreet Capital Limited Partnership increased its stake in EPAM Systems by 7.8% during the first quarter. Arrowstreet Capital Limited Partnership now owns 348,586 shares of the information technology services provider’s stock valued at $47,199,000 after acquiring an additional 25,152 shares during the period. Bank Hapoalim BM acquired a new position in EPAM Systems in the 2nd quarter valued at approximately $1,491,000. Finally, Bank of America Corp DE raised its holdings in EPAM Systems by 15.9% in the 1st quarter. Bank of America Corp DE now owns 624,699 shares of the information technology services provider’s stock valued at $84,584,000 after acquiring an additional 85,480 shares in the last quarter. 91.58% of the stock is currently owned by institutional investors and hedge funds.

About EPAM Systems

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.