Truist Financial Issues Pessimistic Forecast for EPAM Systems (NYSE:EPAM) Stock Price

EPAM Systems (NYSE:EPAM) had its price target dropped by research analysts at Truist Financial from $220.00 to $146.00 in a research report issued on Friday, Marketbeat.com reports. The brokerage presently has a “hold” rating on the information technology services provider’s stock. Truist Financial’s price target points to a potential upside of 5.17% from the company’s current price.

Other research analysts have also issued reports about the company. The Goldman Sachs Group lowered their price objective on EPAM Systems from $250.00 to $235.00 and set a “buy” rating for the company in a research report on Thursday. JPMorgan Chase & Co. upped their price target on EPAM Systems from $201.00 to $215.00 and gave the company an “overweight” rating in a research note on Friday, November 7th. Mizuho raised their price objective on EPAM Systems from $225.00 to $228.00 and gave the stock an “outperform” rating in a research report on Tuesday, November 11th. Citigroup reduced their price objective on shares of EPAM Systems from $225.00 to $155.00 and set a “neutral” rating on the stock in a report on Friday. Finally, TD Cowen reaffirmed a “buy” rating on shares of EPAM Systems in a research note on Friday, January 9th. Eleven equities research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, EPAM Systems currently has an average rating of “Moderate Buy” and a consensus price target of $197.81.

EPAM Systems Price Performance

EPAM Systems stock opened at $138.83 on Friday. The company has a current ratio of 2.59, a quick ratio of 3.02 and a debt-to-equity ratio of 0.01. The company has a 50-day moving average price of $200.27 and a 200 day moving average price of $178.80. EPAM Systems has a 12-month low of $128.78 and a 12-month high of $223.45. The stock has a market cap of $7.67 billion, a P/E ratio of 20.63, a PEG ratio of 1.67 and a beta of 1.72.

EPAM Systems (NYSE:EPAM) last posted its earnings results on Thursday, February 19th. The information technology services provider reported $3.26 earnings per share for the quarter, beating the consensus estimate of $3.16 by $0.10. The company had revenue of $1.41 billion for the quarter, compared to analyst estimates of $1.39 billion. EPAM Systems had a net margin of 6.92% and a return on equity of 13.57%. EPAM Systems’s revenue was up 12.8% on a year-over-year basis. During the same period in the previous year, the business posted $2.84 EPS. EPAM Systems has set its FY 2026 guidance at 12.600-12.900 EPS and its Q1 2026 guidance at 2.700-2.780 EPS. Sell-side analysts anticipate that EPAM Systems will post 8.9 earnings per share for the current year.

Insiders Place Their Bets

In other EPAM Systems news, SVP Boris Shnayder sold 5,000 shares of the business’s stock in a transaction dated Wednesday, December 10th. The shares were sold at an average price of $207.00, for a total transaction 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 represents a 24.22% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 4.30% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in EPAM. Boston Partners acquired a new stake in EPAM Systems during the 4th quarter worth approximately $349,428,000. Capital World Investors increased its position in shares of EPAM Systems by 59.4% during the fourth quarter. Capital World Investors now owns 3,679,590 shares of the information technology services provider’s stock worth $753,874,000 after acquiring an additional 1,371,557 shares during the period. Norges Bank acquired a new stake in shares of EPAM Systems in the second quarter valued at $137,671,000. Price T Rowe Associates Inc. MD raised its stake in shares of EPAM Systems by 849.3% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 784,101 shares of the information technology services provider’s stock valued at $160,649,000 after acquiring an additional 701,500 shares in the last quarter. Finally, Ameriprise Financial Inc. boosted its holdings in EPAM Systems by 28.9% in the third quarter. Ameriprise Financial Inc. now owns 2,662,843 shares of the information technology services provider’s stock valued at $401,532,000 after purchasing an additional 596,760 shares during the period. Institutional investors and hedge funds own 91.58% of the company’s stock.

EPAM Systems News Summary

Here are the key news stories impacting EPAM Systems this week:

• Positive Sentiment: EPAM beat Q4 estimates: revenue $1.408B (+12.8% YoY) and adjusted EPS $3.26, and issued FY2026 EPS guidance (12.60–12.90) and Q1 guidance (2.70–2.78) above consensus — a fundamental positive signal for growth and profitability. EPAM Q4 press release
• Positive Sentiment: Major brokers largely retained constructive ratings (Overweight/Buy) even while trimming targets, signaling continued analyst confidence in medium‑term upside. Analyst coverage summary TickerReport on Wells Fargo
• Neutral Sentiment: Some market commentators argue the post‑earnings sell‑off is overdone given the beat and raised full‑year EPS guide — suggesting this pullback could represent a buying opportunity for value‑oriented investors. Seeking Alpha analysis
• Neutral Sentiment: Zacks highlights EPAM as a top‑ranked value stock and reviews Q4 metrics vs. estimates — useful for investors focused on quantitative screens rather than headline reaction. Zacks value ranking
• Negative Sentiment: Market reaction has been negative: shares plunged after management commentary and guidance nuance raised investor concerns about margin pressure from AI‑related investments and higher variable compensation; headlines point to weakness in near‑term sentiment. Yahoo Finance deep dive Barron’s coverage
• Negative Sentiment: Several firms trimmed price targets (JPMorgan, Wells Fargo, Needham, Truist), with some downgrades in upside — these reductions amplify short‑term selling pressure despite many shops keeping buy/overweight stances. Benzinga PT updates The Fly on Truist PT cut

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.