EPAM Systems Inc. saw a price increase of 4.37%, reaching a 20-day high, amid positive market conditions with the Nasdaq-100 up 0.83% and the S&P 500 up 0.58%.
This surge is attributed to Wishbone Management acquiring 100,000 shares of EPAM Systems valued at approximately $15.08 million, marking a strategic investment despite the stock's 12% decline over the past year. The company also reported a strong third-quarter revenue of $1.394 billion, a 19.4% year-over-year increase, and raised its full-year outlook, showcasing its robust performance in digital transformation.
The acquisition reflects confidence in EPAM's growth potential, especially as the company has initiated a $1 billion stock buyback program, indicating a commitment to enhancing shareholder value and a strong belief in its future prospects.
Wall Street analysts forecast EPAM stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for EPAM is 214.70 USD with a low forecast of 170.00 USD and a high forecast of 246.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
13 Analyst Rating
Wall Street analysts forecast EPAM stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for EPAM is 214.70 USD with a low forecast of 170.00 USD and a high forecast of 246.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
9 Buy
4 Hold
0 Sell
Moderate Buy
Current: 208.920
Low
170.00
Averages
214.70
High
246.00
Current: 208.920
Low
170.00
Averages
214.70
High
246.00
Citi
Bryan Keane
Neutral
maintain
$170 -> $225
2026-01-29
New
Reason
Citi
Bryan Keane
Price Target
$170 -> $225
AI Analysis
2026-01-29
New
maintain
Neutral
Reason
Citi analyst Bryan Keane raised the firm's price target on Epam Systems to $225 from $170 and keeps a Neutral rating on the shares. The firm sees the company modestly improving its organic growth in fiscal 2026. However expectations are rising for accelerating growth in 2026 in the IT services sector following the recent share rallies, the analyst tells investors in a research note.
TD Cowen
Bryan Bergin
Buy
upgrade
$212 -> $243
2026-01-09
Reason
TD Cowen
Bryan Bergin
Price Target
$212 -> $243
2026-01-09
upgrade
Buy
Reason
TD Cowen analyst Bryan Bergin raised the firm's price target on Epam Systems to $243 from $212 and keeps a Buy rating on the shares. The firm is "constructive" on services sector setup for 2026, anticipating gradual improvement in enterprise IT spend at a time when average valuations remain discounted.
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Truist
Hold
initiated
$220
2026-01-06
Reason
Truist
Price Target
$220
2026-01-06
initiated
Hold
Reason
Truist initiated coverage of Epam Systems with a Hold rating and $220 price target. Epam Systems is an improving, but in-transition IT Services asset, and while growth is still subdued, it is improving, the analyst tells investors in a research note. Additionally, continued progress toward scaling its GenAI business and proof points of successful integration of recent M&A could make the firm more constructive on the stock.
Mizuho
Sean Kennedy
maintain
$225 -> $228
2025-11-11
Reason
Mizuho
Sean Kennedy
Price Target
$225 -> $228
2025-11-11
maintain
Reason
Mizuho analyst Sean Kennedy raised the firm's price target on Epam Systems to $228 from $225 and keeps an Outperform rating on the shares. The company reported strong Q3 results as artificial intelligence continues to drive up its growth, the analyst tells investors in a research note. The firm believes Epam is seeing an improved demand environment with a "healthy" pipeline.
About EPAM
EPAM Systems, Inc. is a global provider of digital engineering, cloud and AI-enabled transformation services, and is a business and experience consulting partner for global enterprises and startups. The Company addresses its clients’ transformation challenges by fusing EPAM Continuum’s integrated strategy, experience and technology consulting. Through platforms like EPAM AI/RUN and initiatives like DIALX Lab, the Company integrates advanced AI technologies into tailored business strategies, driving industry impact and fostering continuous innovation. Its strategy services include optimizing for growth, talent enablement, mergers & acquisitions, project to product, generative AI advisory, and transformative research & insights. Its engineering services include platform & product development, agile ways of working, quality engineering, open source, and metaverse. It serves various industries, including financial services; telecom, media & entertainment, and life sciences & healthcare.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
