EPAM Systems (NYSE:EPAM) Reaches New 12-Month Low – Here’s What Happened

EPAM Systems, Inc. (NYSE:EPAM) shares hit a new 52-week low during mid-day trading on Thursday . The company traded as low as $119.69 and last traded at $120.8210, with a volume of 308445 shares traded. The stock had previously closed at $129.12.

Analyst Ratings Changes

A number of brokerages have commented on EPAM. Wells Fargo & Company decreased 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 note on Friday, February 20th. Needham & Company LLC reiterated a “buy” rating and set a $175.00 price objective on shares of EPAM Systems in a report on Monday, March 16th. Zacks Research downgraded shares of EPAM Systems from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, January 28th. Mizuho upped their target price on shares of EPAM Systems from $199.00 to $200.00 and gave the stock an “outperform” rating in a report on Monday, March 16th. Finally, Wall Street Zen cut shares of EPAM Systems from a “buy” rating to a “hold” rating in a research report on Saturday, March 14th. Ten investment analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $192.47.

EPAM Systems Price Performance

The company has a current ratio of 2.59, a quick ratio of 2.59 and a debt-to-equity ratio of 0.01. The business has a 50-day moving average of $138.07 and a 200 day moving average of $170.96. The firm has a market capitalization of $6.25 billion, a PE ratio of 17.72, a price-to-earnings-growth ratio of 1.29 and a beta of 1.73.

EPAM Systems (NYSE:EPAM) last announced its earnings results on Thursday, February 19th. The information technology services provider reported $3.26 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.16 by $0.10. The firm had revenue of $1.41 billion during the quarter, compared to analyst estimates of $1.39 billion. EPAM Systems had a return on equity of 13.57% and a net margin of 6.92%.The business’s revenue was up 12.8% compared to the same quarter last year. During the same period last year, the firm 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. As a group, research analysts anticipate that EPAM Systems, Inc. will post 9.94 EPS for the current fiscal year.

Hedge Funds Weigh In On EPAM Systems

Several hedge funds have recently bought and sold shares of EPAM. Vanguard Group Inc. lifted its stake in EPAM Systems by 0.4% in the 3rd quarter. Vanguard Group Inc. now owns 7,014,935 shares of the information technology services provider’s stock worth $1,057,782,000 after purchasing an additional 29,763 shares in the last quarter. Capital World Investors increased its holdings in shares of EPAM Systems by 59.4% in 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 purchasing an additional 1,371,557 shares during the period. Ameriprise Financial Inc. increased its holdings in shares of 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 worth $401,532,000 after purchasing an additional 596,760 shares during the period. Boston Partners purchased a new stake in shares of EPAM Systems in the fourth quarter worth $349,428,000. Finally, Baillie Gifford & Co. grew its position in EPAM Systems by 20.7% during the third quarter. Baillie Gifford & Co. now owns 1,293,857 shares of the information technology services provider’s stock worth $195,101,000 after buying an additional 221,544 shares in the last quarter. Hedge funds and other institutional investors own 91.58% of the company’s stock.

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.