EPAM Systems (NYSE:EPAM) Given New $135.00 Price Target at Needham & Company LLC

EPAM Systems (NYSE:EPAM) had its price target decreased by equities research analysts at Needham & Company LLC from $175.00 to $135.00 in a research note issued to investors on Thursday,Benzinga reports. The brokerage currently has a “buy” rating on the information technology services provider’s stock. Needham & Company LLC’s price objective would suggest a potential upside of 30.55% from the company’s current price.

Several other equities analysts also recently issued reports on EPAM. JPMorgan Chase & Co. reduced their price objective on shares of EPAM Systems from $215.00 to $183.00 and set an “overweight” rating on the stock in a research note on Friday, February 20th. Truist Financial dropped their price target on shares of EPAM Systems from $220.00 to $146.00 and set a “hold” rating for the company in a research report on Friday, February 20th. Wells Fargo & Company dropped their price target on shares of EPAM Systems from $247.00 to $195.00 and set an “overweight” rating for the company in a research report on Friday, February 20th. TD Cowen dropped their price target on shares of EPAM Systems from $220.00 to $213.00 and set a “buy” rating for the company in a research report on Monday, April 6th. Finally, Susquehanna dropped their price target on shares of EPAM Systems from $199.00 to $167.00 and set a “positive” rating for the company in a research report on Monday. Nine analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $181.93.

EPAM Systems Price Performance

Shares of NYSE EPAM traded down $3.57 on Thursday, hitting $103.41. The company’s stock had a trading volume of 2,416,359 shares, compared to its average volume of 1,264,810. EPAM Systems has a 12-month low of $99.65 and a 12-month high of $222.53. The company has a market capitalization of $5.42 billion, a price-to-earnings ratio of 15.33, a price-to-earnings-growth ratio of 1.07 and a beta of 1.45. The company has a debt-to-equity ratio of 0.01, a current ratio of 2.59 and a quick ratio of 2.59. The stock has a 50 day moving average of $131.70 and a 200-day moving average of $169.26.

EPAM Systems (NYSE:EPAM) last announced its quarterly earnings results on Wednesday, May 6th. The information technology services provider reported $2.86 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.75 by $0.11. EPAM Systems had a net margin of 6.92% and a return on equity of 13.57%. The company had revenue of $1.40 billion for the quarter, compared to the consensus estimate of $1.39 billion. During the same quarter in the prior year, the firm earned $2.41 earnings per share. The company’s revenue for the quarter was up 7.6% compared to the same quarter last year. As a group, research analysts predict that EPAM Systems will post 9.94 EPS for the current year.

Institutional Investors Weigh In On EPAM Systems

A number of large investors have recently added to or reduced their stakes in EPAM. Manning & Napier Advisors LLC bought a new position in EPAM Systems during the 3rd quarter valued at $25,000. Sunbelt Securities Inc. boosted its stake in EPAM Systems by 4,233.3% during the 4th quarter. Sunbelt Securities Inc. now owns 130 shares of the information technology services provider’s stock valued at $27,000 after acquiring an additional 127 shares during the last quarter. CYBER HORNET ETFs LLC bought a new position in EPAM Systems during the 2nd quarter valued at $27,000. MUFG Securities EMEA plc bought a new position in EPAM Systems during the 2nd quarter valued at $30,000. Finally, Sound Income Strategies LLC boosted its stake in 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 acquiring an additional 109 shares during the last quarter. 91.58% of the stock is owned by institutional investors and hedge funds.

Key EPAM Systems News

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

• Positive Sentiment: Q1 earnings beat and revenue growth — EPAM reported non?GAAP EPS of $2.86 (above consensus) and revenue of $1.40B, a 7.6% year?over?year increase, showing demand in Financial Services and Software/Hi?Tech. EPAM Reports Results for First Quarter 2026
• Positive Sentiment: Raised profit outlook and strong Q2 EPS guidance — Management raised its annual profit forecast and gave Q2 EPS guidance (3.10–3.18) above consensus, which supports margins and EPS visibility. EPAM Raises Annual Profit Forecast
• Positive Sentiment: Share buybacks — EPAM repurchased $324M in Q1, including a $300M accelerated share repurchase, supporting EPS and capital return. EPAM Buybacks
• Positive Sentiment: Strategic AI partnership — The Anthropic collaboration positions EPAM to capture enterprise GenAI demand, which could drive higher-value services. EPAM & Anthropic Team Up
• Neutral Sentiment: Top?line largely in line with expectations — Several outlets note Q1 sales were roughly in line with Street estimates, so revenue upside was limited. EPAM Posts Q1 Sales In Line
• Neutral Sentiment: Guidance nuance — While EPS guidance was raised, the company narrowed its full?year revenue growth range to 4.0%–6.5% (organic 2.5%–5.0%), which reduces top?line certainty even as profitability targets improved. Full-Year Guidance
• Negative Sentiment: Analyst price?target cut citing Q2 revenue risks — Guggenheim lowered its PT to $200 (from $225) and flagged risks to the Q2 revenue outlook, which likely weighed on investor sentiment. Guggenheim Cuts PT on EPAM
• Negative Sentiment: Shares slipped on the day despite the beat — Market reaction shows investors focused on guidance nuance and PT cut rather than the EPS beat, producing heavier trading volume and a pullback. Shares Slip Despite Earnings

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.