EPAM Systems (NYSE:EPAM) Upgraded at Zacks Research

Zacks Research upgraded shares of EPAM Systems (NYSE:EPAM) from a hold rating to a strong-buy rating in a report released on Tuesday,Zacks.com reports.

Several other brokerages have also recently issued reports on EPAM. Morgan Stanley reduced their price objective on EPAM Systems from $210.00 to $175.00 and set an “equal weight” rating on the stock in a research note on Tuesday, September 9th. JPMorgan Chase & Co. raised their price target on shares of EPAM Systems from $201.00 to $215.00 and gave the stock an “overweight” rating in a research report on Friday, November 7th. Wall Street Zen lowered shares of EPAM Systems from a “buy” rating to a “hold” rating in a report on Saturday, September 13th. Mizuho increased their price objective on shares of EPAM Systems from $225.00 to $228.00 and gave the stock an “outperform” rating in a research note on Tuesday, November 11th. Finally, Wells Fargo & Company raised shares of EPAM Systems to a “strong-buy” rating in a report on Wednesday, October 22nd. Two equities research analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating and five have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $208.40.

EPAM Systems Stock Performance

Shares of EPAM Systems stock opened at $204.94 on Tuesday. The company has a debt-to-equity ratio of 0.01, a quick ratio of 3.02 and a current ratio of 3.02. EPAM Systems has a 1 year low of $138.15 and a 1 year high of $269.00. The firm’s 50-day simple moving average is $189.30 and its 200-day simple moving average is $171.86. The firm has a market cap of $11.32 billion, a PE ratio of 31.29, a price-to-earnings-growth ratio of 2.78 and a beta of 1.72.

EPAM Systems (NYSE:EPAM) last announced its quarterly earnings data on Thursday, November 6th. The information technology services provider reported $3.08 earnings per share for the quarter, beating the consensus estimate of $3.02 by $0.06. EPAM Systems had a return on equity of 13.16% and a net margin of 7.01%.The firm had revenue of $1.39 billion during the quarter, compared to analyst estimates of $1.39 billion. During the same period in the previous year, the company earned $3.12 earnings per share. EPAM Systems’s quarterly revenue was up 19.4% on a year-over-year basis. EPAM Systems has set its FY 2025 guidance at 11.360-11.440 EPS and its Q4 2025 guidance at 3.100-3.18 EPS. Equities analysts forecast that EPAM Systems will post 8.9 earnings per share for the current fiscal year.

EPAM Systems announced that its board has authorized a share buyback plan on Tuesday, October 21st that allows the company to buyback $1.00 billion in outstanding shares. This buyback authorization allows the information technology services provider to reacquire up to 12.4% of its shares through open market purchases. Shares buyback plans are usually an indication that the company’s management believes its stock is undervalued.

Insiders Place Their Bets

In related news, SVP Boris Shnayder sold 5,000 shares of the firm’s stock in a transaction that occurred on Wednesday, December 10th. The stock was sold at an average price of $207.00, for a total value of $1,035,000.00. Following the sale, the senior vice president directly owned 15,645 shares in the company, valued at $3,238,515. This trade represents a 24.22% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, VP Gary C. Abrahams sold 600 shares of EPAM Systems stock in a transaction on Monday, November 17th. The shares were sold at an average price of $179.29, for a total value of $107,574.00. Following the sale, the vice president directly owned 2,720 shares in the company, valued at $487,668.80. The trade was a 18.07% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders sold 9,611 shares of company stock valued at $1,824,132. 4.30% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On EPAM Systems

Institutional investors have recently bought and sold shares of the stock. Manning & Napier Advisors LLC acquired a new position in EPAM Systems during the 3rd quarter valued at about $25,000. CYBER HORNET ETFs LLC bought a new position in shares of EPAM Systems in the second quarter valued at approximately $27,000. Sound Income Strategies LLC acquired a new position in shares of EPAM Systems during the second quarter valued at approximately $29,000. True Wealth Design LLC raised its holdings in EPAM Systems by 1,870.0% during the third quarter. True Wealth Design LLC now owns 197 shares of the information technology services provider’s stock worth $30,000 after purchasing an additional 187 shares in the last quarter. Finally, MUFG Securities EMEA plc acquired a new stake in EPAM Systems in the second quarter worth approximately $30,000. Institutional investors and hedge funds own 91.58% of the company’s stock.

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.