Citigroup Cuts EPAM Systems (NYSE:EPAM) Price Target to $145.00

EPAM Systems (NYSE:EPAM) had its price objective trimmed by Citigroup from $155.00 to $145.00 in a research report report published on Thursday,Benzinga reports. They currently have a neutral rating on the information technology services provider’s stock.

Other equities analysts have also issued reports about the stock. TD Cowen reduced their target price on shares of EPAM Systems from $220.00 to $213.00 and set a “buy” rating on the stock in a research report on Monday, April 6th. Truist Financial reduced their target price on shares of EPAM Systems from $220.00 to $146.00 and set a “hold” rating on the stock in a research report on Friday, February 20th. JPMorgan Chase & Co. reduced their target price on shares of EPAM Systems from $215.00 to $183.00 and set an “overweight” rating on the stock in a research report on Friday, February 20th. Zacks Research lowered shares of EPAM Systems from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, January 28th. Finally, Wells Fargo & Company reduced their target price on shares of EPAM Systems from $247.00 to $195.00 and set an “overweight” rating on the stock in a research report on Friday, February 20th. Eleven analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $193.56.

EPAM Systems Price Performance

NYSE:EPAM opened at $122.44 on Thursday. The firm has a market cap of $6.42 billion, a PE ratio of 18.19, a price-to-earnings-growth ratio of 1.19 and a beta of 1.73. EPAM Systems has a 12 month low of $121.83 and a 12 month high of $222.53. The company has a quick ratio of 2.59, a current ratio of 2.59 and a debt-to-equity ratio of 0.01. The company’s 50-day moving average price is $147.46 and its two-hundred day moving average price is $172.28.

EPAM Systems (NYSE:EPAM) last released its quarterly earnings results on Thursday, February 19th. The information technology services provider reported $3.26 EPS for the quarter, beating analysts’ consensus estimates of $3.16 by $0.10. The firm 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%. The company’s revenue for the quarter was up 12.8% compared to the same quarter last year. During the same period in the previous year, the business earned $2.84 earnings per share. 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. On average, equities analysts anticipate that EPAM Systems will post 8.9 EPS for the current fiscal year.

Institutional Investors Weigh In On EPAM Systems

Several large investors have recently bought and sold shares of EPAM. Manning & Napier Advisors LLC bought a new stake in shares of EPAM Systems during the third quarter worth $25,000. Sunbelt Securities Inc. increased 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 stake in shares of EPAM Systems during the second quarter worth $27,000. True Wealth Design LLC increased its position in shares of 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 acquiring an additional 187 shares in the last quarter. Finally, MUFG Securities EMEA plc bought a new stake in shares of EPAM Systems during the second quarter worth $30,000. Institutional investors own 91.58% of the company’s stock.

Trending Headlines about EPAM Systems

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

• Positive Sentiment: EPAM raised FY‑2026 EPS guidance to $12.600–$12.900 versus consensus $11.660 — a meaningful beat that implies stronger full‑year profitability than investors expected. This is a primary near‑term positive catalyst for the stock.
• Positive Sentiment: Q1‑2026 EPS guidance set at $2.700–$2.780 versus consensus $2.470, and revenue guided roughly to $1.4B — another quarter guidance beat that supports near‑term revenue/earnings momentum.
• Positive Sentiment: EPAM was ranked the top IT services provider in the Nordics in a recent study — a credibility/market‑share signal that can support longer‑term demand expectations. EPAM ranked top IT services provider in Nordics study
• Neutral Sentiment: Analyst and media coverage: Zacks highlights EPAM as a top‑ranked growth stock (coverage/interest may attract buyers but doesn’t change fundamentals). Epam (EPAM) is a Top-Ranked Growth Stock: Should You Buy?
• Neutral Sentiment: Third‑party comparative and sector analyses (e.g., EXLS vs EPAM, and pieces on shifting sector sentiment) keep EPAM in investor screens but are informational rather than immediate price drivers. EXLService and EPAM Financial Analysis EPAM Systems in focus amid shifting sector sentiment
• Negative Sentiment: Citigroup cut its price target from $155 to $145 and kept a “neutral” rating — a downgrade in target that can exert downward pressure on the stock despite the upside still implied vs current levels. Citigroup lowers EPAM price target

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.