Q2 EPS Estimates for EPAM Systems Reduced by Zacks Research

EPAM Systems, Inc. (NYSE:EPAM) – Equities research analysts at Zacks Research cut their Q2 2026 earnings per share (EPS) estimates for EPAM Systems in a report released on Thursday, May 28th. Zacks Research analyst Team now forecasts that the information technology services provider will earn $2.41 per share for the quarter, down from their prior forecast of $2.43. The consensus estimate for EPAM Systems’ current full-year earnings is $10.41 per share. Zacks Research also issued estimates for EPAM Systems’ Q3 2026 earnings at $2.81 EPS, Q4 2026 earnings at $2.91 EPS, FY2026 earnings at $10.30 EPS, Q1 2027 earnings at $2.45 EPS, Q2 2027 earnings at $2.79 EPS, Q3 2027 earnings at $2.93 EPS, Q4 2027 earnings at $3.00 EPS, FY2027 earnings at $11.17 EPS, Q1 2028 earnings at $2.89 EPS and FY2028 earnings at $12.21 EPS.

EPAM Systems (NYSE:EPAM) last issued its quarterly earnings results on Wednesday, May 6th. The information technology services provider reported $2.86 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.75 by $0.11. The firm had revenue of $1.40 billion during the quarter, compared to analyst estimates of $1.39 billion. EPAM Systems had a return on equity of 14.71% and a net margin of 6.96%.The company’s revenue was up 7.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $2.41 earnings per share.

A number of other brokerages have also recently commented on EPAM. JPMorgan Chase & Co. reduced their price target 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. The Goldman Sachs Group cut shares of EPAM Systems from a “buy” rating to a “neutral” rating and cut their price objective for the company from $215.00 to $110.00 in a research note on Friday, May 8th. Susquehanna reduced their target price on shares of EPAM Systems from $199.00 to $167.00 and set a “positive” rating on the stock in a report on Monday, May 4th. Wells Fargo & Company decreased their target price on shares of EPAM Systems from $195.00 to $151.00 and set an “overweight” rating on the stock in a research report on Friday, May 8th. Finally, Wall Street Zen downgraded shares of EPAM Systems from a “buy” rating to a “hold” rating in a research note on Saturday, March 14th. Seven research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat.com, EPAM Systems currently has a consensus rating of “Hold” and a consensus price target of $152.00.

EPAM Systems Stock Performance

Shares of NYSE EPAM opened at $103.45 on Wednesday. The stock’s 50-day moving average is $117.69 and its 200 day moving average is $161.41. The stock has a market cap of $5.40 billion, a price-to-earnings ratio of 14.84, a P/E/G ratio of 1.00 and a beta of 1.41. EPAM Systems has a 1-year low of $89.25 and a 1-year high of $222.53. The company has a current ratio of 2.67, a quick ratio of 2.67 and a debt-to-equity ratio of 0.05.

Hedge Funds Weigh In On EPAM Systems

A number of hedge funds have recently modified their holdings of the company. Asset Management One Co. Ltd. boosted its holdings in shares of EPAM Systems by 2.5% during the fourth quarter. Asset Management One Co. Ltd. now owns 2,074 shares of the information technology services provider’s stock worth $439,000 after purchasing an additional 51 shares during the period. Rothschild Investment LLC increased its holdings in EPAM Systems by 51.4% during the 4th quarter. Rothschild Investment LLC now owns 159 shares of the information technology services provider’s stock valued at $33,000 after purchasing an additional 54 shares during the period. Horizon Investments LLC increased its holdings in EPAM Systems by 6.4% during the 4th quarter. Horizon Investments LLC now owns 928 shares of the information technology services provider’s stock valued at $190,000 after purchasing an additional 56 shares during the period. MassMutual Private Wealth & Trust FSB lifted its holdings in EPAM Systems by 34.9% in the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 232 shares of the information technology services provider’s stock worth $48,000 after buying an additional 60 shares during the period. Finally, CVA Family Office LLC lifted its holdings in EPAM Systems by 25.1% in the 4th quarter. CVA Family Office LLC now owns 309 shares of the information technology services provider’s stock worth $63,000 after buying an additional 62 shares during the period. Hedge funds and other institutional investors own 91.58% of the company’s stock.

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.