EPAM Systems, Inc. $EPAM Shares Bought by Maxi Investments CY Ltd

Maxi Investments CY Ltd raised its position in EPAM Systems, Inc. (NYSE:EPAM) by 74.3% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 16,816 shares of the information technology services provider’s stock after purchasing an additional 7,166 shares during the quarter. Maxi Investments CY Ltd’s holdings in EPAM Systems were worth $3,445,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Brighton Jones LLC acquired a new stake in EPAM Systems during the 4th quarter worth approximately $218,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in EPAM Systems by 68.6% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 9,539 shares of the information technology services provider’s stock worth $1,611,000 after buying an additional 3,880 shares during the period. Goldman Sachs Group Inc. increased its position in shares of EPAM Systems by 53.8% in the first quarter. Goldman Sachs Group Inc. now owns 335,150 shares of the information technology services provider’s stock worth $56,587,000 after acquiring an additional 117,170 shares in the last quarter. United Services Automobile Association acquired a new stake in shares of EPAM Systems in the first quarter worth $229,000. Finally, Empowered Funds LLC raised its stake in shares of EPAM Systems by 134.1% in the 1st quarter. Empowered Funds LLC now owns 2,254 shares of the information technology services provider’s stock valued at $381,000 after acquiring an additional 1,291 shares during the period. 91.58% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on EPAM shares. Morgan Stanley reduced their target price on shares of EPAM Systems from $160.00 to $148.00 and set an “equal weight” rating on the stock in a report on Tuesday. Zacks Research downgraded EPAM Systems from a “strong-buy” rating to a “hold” rating in a report on Wednesday, January 28th. Mizuho raised their price objective on EPAM Systems from $199.00 to $200.00 and gave the company an “outperform” rating in a research report on Monday, March 16th. Needham & Company LLC reduced their price objective on EPAM Systems from $175.00 to $135.00 and set a “buy” rating on the stock in a research note on Thursday. Finally, Wall Street Zen downgraded EPAM Systems from a “buy” rating to a “hold” rating in a research report on Saturday, March 14th. Eight analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $173.00.

EPAM Systems Trading Down 2.6%

EPAM opened at $104.18 on Friday. The firm’s 50 day moving average is $131.21 and its 200-day moving average is $168.98. EPAM Systems, Inc. has a 52-week low of $99.65 and a 52-week 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 firm has a market capitalization of $5.46 billion, a P/E ratio of 15.48, a P/E/G ratio of 1.04 and a beta of 1.45.

EPAM Systems (NYSE:EPAM) last announced its earnings results on Thursday, May 7th. The information technology services provider reported $2.86 earnings per share 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 business had revenue of $1.40 billion during the quarter, compared to the consensus estimate of $1.39 billion. During the same period in the prior year, the firm earned $2.41 earnings per share. The business’s quarterly revenue was up 7.6% compared to the same quarter last year. EPAM Systems has set its Q2 2026 guidance at 3.100-3.180 EPS. Analysts expect that EPAM Systems, Inc. will post 9.94 EPS for the current fiscal year.

Key EPAM Systems News

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

• Positive Sentiment: EPAM beat Q1 expectations with non?GAAP EPS of $2.86 and revenue of $1.40B (up 7.6% y/y), showing margin expansion and top?line momentum in Financial Services and Software & Hi?Tech. EPAM Reports Results for First Quarter 2026
• Positive Sentiment: Q2 EPS guidance (3.10–3.18) came in above consensus (~2.97), and management raised full?year profit expectations, signaling better near?term profitability despite a softer revenue outlook. EPAM Raises Annual Profit Forecast (Reuters)
• Positive Sentiment: EPAM disclosed $324M of buybacks in Q1 (including a $300M accelerated share?repurchase), which reduces share count and supports EPS — a shareholder?friendly action. EPAM Reports Results for First Quarter 2026
• Positive Sentiment: EPAM announced a strategic applied?AI partnership with Anthropic to help enterprise customers scale GenAI safely, which supports pipeline and product differentiation in a high?interest area for clients. EPAM & Anthropic Team Up (PRNewswire)
• Neutral Sentiment: Management hosted an earnings call and published a slide deck/transcript with more detail on client demand and margin drivers — useful for digging into segment trends and backlog but not a new headline. Earnings Call Transcript (Seeking Alpha)
• Neutral Sentiment: Some sell?side firms trimmed price targets while keeping buy ratings (Needham cut its PT to $135 but retained a buy), which is a mixed signal — lower target tempers upside but rating remains supportive. Analyst Price Target Note (Benzinga)
• Negative Sentiment: EPAM trimmed full?year revenue growth guidance to 4.0%–6.5% (organic 2.5%–5.0%), signaling slower top?line momentum than investors had hoped and likely the main reason the stock moved lower despite the beat. EPAM Forecasts 4%-6.5% 2026 Revenue Growth (Seeking Alpha)
• Negative Sentiment: Market commentary (and an MSN recap) highlighted that EPAM “trimmed” its growth outlook even with AI upside, reinforcing investor concern about secular demand and growth sustainability. EPAM Trims 2026 Growth Outlook (MSN)
• Negative Sentiment: Other analysts have pared targets (e.g., Guggenheim lowered its PT earlier), adding pressure to sentiment despite operational positives. Guggenheim PT Cut (InsiderMonkey)

EPAM Systems 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.