EPAM Unveils AI-Powered ServiceNow Development Capabilities
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 2 days ago
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Should l Buy EPAM?
Source: Newsfilter
- Productivity Boost: At Knowledge 2026, EPAM showcases its AI-powered ServiceNow development capabilities, expected to improve development efficiency by 35% and support efficiency by approximately 50%, significantly reducing operational costs and accelerating market responsiveness.
- Real-Time Demonstrations: EPAM's booth will uniquely demonstrate the real-time impact of AI solutions, facilitating clients' transition from experimentation to production, highlighting the company's leadership in AI-native builds.
- Feature-Rich Solutions: New functionalities include high-quality documentation generation, issue remediation, and new feature development, enabling teams to build fully functional catalog items from natural language prompts, greatly enhancing development team efficiency and responsiveness.
- Industry Leadership: With over 30 years of experience in enterprise-grade application development, EPAM is pioneering the next era of enterprise innovation, committed to helping global clients achieve AI transformation and drive sustainable business value.
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Analyst Views on EPAM
Wall Street analysts forecast EPAM stock price to rise
13 Analyst Rating
9 Buy
4 Hold
0 Sell
Moderate Buy
Current: 106.970
Low
170.00
Averages
214.70
High
246.00
Current: 106.970
Low
170.00
Averages
214.70
High
246.00
About EPAM
EPAM Systems, Inc. is a global provider of digital engineering, cloud and artificial intelligence-enabled transformation services, and a business and experience consulting partner for global enterprises and start-ups. The Company leverages AI to deliver transformative solutions that accelerate its clients' digital innovation. Through platforms like EPAM AI/RUN and initiatives like DIALX Lab, it integrates advanced AI technologies into tailored business strategies. Its services include strategy; engineering, cloud, data & analytics; artificial intelligence; cybersecurity, and CX+. Its clients operate in five main industry verticals (financial services; consumer goods, retail and travel; software and hi-tech; business information and media, and life sciences and healthcare) as well as a number of emerging verticals. Its strategy services include optimizing for growth, talent enablement, and mergers and acquisitions. Its engineering services include open source and quality engineering.
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.
EPAM Systems Q1 Earnings Announcement Scheduled
- Earnings Release Date: EPAM Systems is set to announce its Q1 earnings on May 7 before market open, with consensus EPS estimate at $2.75, reflecting a 14.1% year-over-year increase, and revenue estimate at $1.39 billion, up 6.9%, indicating the company's sustained profitability and growth potential.
- Strong Historical Performance: Over the past two years, EPAM has exceeded EPS and revenue estimates 100% of the time, demonstrating the company's reliability in financial forecasting and bolstering market confidence.
- Expectation Revision Dynamics: In the last three months, EPS estimates have seen 7 upward revisions and 6 downward adjustments, while revenue estimates experienced 6 upward and 8 downward revisions, reflecting market divergence and uncertainty regarding the company's future performance.
- Strategic Investment and Growth: EPAM projects $600 million in AI-native revenues by 2026, indicating the company's strategic positioning in the rapidly growing AI market and accelerating client demand, which further enhances its long-term growth outlook.
See More
EPAM Systems Raises Annual Profit Forecast Amid Strong AI Demand
- Profit Forecast Increase: EPAM Systems raised its annual profit forecast, reflecting strong confidence in future performance driven by robust demand for artificial intelligence technology enhancements.
- Quarterly Earnings Beat: The company exceeded market expectations in its latest earnings report, showcasing strong quarterly profit performance that highlights the sustained growth in demand for its software services amid increased corporate spending on AI.
- Strong Market Demand: As companies continue to ramp up spending on artificial intelligence technologies, EPAM Systems has seen a significant rise in demand for its software services, which not only enhances revenue potential but also strengthens its competitive position in the market.
- Strategic Investment Focus: The company's ongoing investments in AI technology indicate a strategic focus aimed at capturing market opportunities through innovation and service optimization, thereby driving long-term growth.
See More
EPAM Systems Reports Strong Q1 2026 Results Amid AI Growth
- Significant Revenue Growth: EPAM reported Q1 2026 revenues of $1.4 billion, reflecting a 7.6% year-over-year increase, which underscores the company's ongoing growth in AI transformation and digital services, further solidifying its market leadership.
- Net Income Increase: The company achieved a net income of $82.5 million, a 12.5% increase from the previous year, with earnings per share at $1.52, demonstrating successful cost control and operational efficiency, thereby boosting investor confidence.
- Strong Cash Flow: As of March 31, 2026, EPAM's cash and cash equivalents stood at $1.036 billion, although down from the previous period, it maintains solid liquidity, providing a buffer for future investments and expansion.
- Optimistic Outlook: EPAM anticipates full-year revenue growth between 4% and 6.5% for 2026, with Q2 revenue growth expected at 4%, indicating that the company's continued investment in AI markets will drive future growth potential.
See More
EPAM Systems Q1 Earnings Exceed Expectations
- Earnings Beat: EPAM Systems reported a Q1 non-GAAP EPS of $2.86, surpassing expectations by $0.11, indicating strong performance and enhanced profitability in the competitive landscape.
- Revenue Growth: The company achieved Q1 revenue of $1.4 billion, reflecting a 7.7% year-over-year increase and exceeding market expectations by $10 million, showcasing steady growth in customer demand and market share.
- Full-Year Outlook: EPAM now anticipates a full-year revenue growth rate between 4.0% and 6.5%, with organic constant currency growth projected between 2.5% and 5.0%, reflecting confidence in future market conditions and strategic planning.
- EPS Projections: The company expects GAAP diluted EPS to range from $8.29 to $8.59 and non-GAAP diluted EPS from $12.98 to $13.28, both above consensus estimates, indicating a sustained enhancement in profitability.
See More
EPAM and Anthropic Partner to Enhance Enterprise AI Capabilities
- Strategic Partnership: EPAM Systems has announced a multi-year strategic partnership with Anthropic aimed at accelerating the delivery of safe and reliable enterprise-grade AI, helping organizations convert AI investments into tangible business value.
- Integration of Expertise: By combining EPAM's deep engineering expertise with Anthropic's Claude models, enterprises can simplify complex legacy operations and automate workflows, thereby enhancing overall operational efficiency.
- Enhanced Data Analysis: This collaboration enables clients to analyze large-scale datasets, leveraging EPAM's engineering excellence alongside Anthropic's advanced technology to drive data-driven decision-making and improve market competitiveness.
- Future Growth Potential: As enterprises increasingly demand AI investments, this partnership not only provides clients with trusted solutions but also opens new growth opportunities for both EPAM and Anthropic in the rapidly evolving AI market.
See More
EPAM Unveils AI-Powered ServiceNow Development Capabilities
- Productivity Boost: At Knowledge 2026, EPAM showcases its AI-powered ServiceNow development capabilities, projecting a 35% improvement in development efficiency and approximately 50% in support efficiency, significantly reducing operational costs for clients and accelerating market responsiveness.
- Real-Time Demonstrations: EPAM's booth will highlight the real-time impact of its AI solutions, leveraging a 'client zero' approach to emphasize the company's leadership in AI applications, further solidifying its market share in enterprise platform development.
- Technological Innovation: Built on Anthropic's Claude Code, EPAM's solution combines platform engineering expertise with practical AI applications, driving organizations to reduce delivery friction and expedite the market launch of new features.
- Industry Leadership: With over 30 years of experience in enterprise-grade application development, EPAM is committed to pioneering the next era of AI-native builds, helping Fortune Global 2000 companies achieve digital transformation and create sustainable business value.
See More
EPAM Systems Q1 Earnings Announcement Scheduled
- Earnings Release Date: EPAM Systems is set to announce its Q1 earnings on May 7 before market open, with consensus EPS estimate at $2.75, reflecting a 14.1% year-over-year increase, and revenue estimate at $1.39 billion, up 6.9%, indicating the company's sustained profitability and growth potential.
- Strong Historical Performance: Over the past two years, EPAM has exceeded EPS and revenue estimates 100% of the time, demonstrating the company's reliability in financial forecasting and bolstering market confidence.
- Expectation Revision Dynamics: In the last three months, EPS estimates have seen 7 upward revisions and 6 downward adjustments, while revenue estimates experienced 6 upward and 8 downward revisions, reflecting market divergence and uncertainty regarding the company's future performance.
- Strategic Investment and Growth: EPAM projects $600 million in AI-native revenues by 2026, indicating the company's strategic positioning in the rapidly growing AI market and accelerating client demand, which further enhances its long-term growth outlook.
See More
EPAM Systems Raises Annual Profit Forecast Amid Strong AI Demand
- Profit Forecast Increase: EPAM Systems raised its annual profit forecast, reflecting strong confidence in future performance driven by robust demand for artificial intelligence technology enhancements.
- Quarterly Earnings Beat: The company exceeded market expectations in its latest earnings report, showcasing strong quarterly profit performance that highlights the sustained growth in demand for its software services amid increased corporate spending on AI.
- Strong Market Demand: As companies continue to ramp up spending on artificial intelligence technologies, EPAM Systems has seen a significant rise in demand for its software services, which not only enhances revenue potential but also strengthens its competitive position in the market.
- Strategic Investment Focus: The company's ongoing investments in AI technology indicate a strategic focus aimed at capturing market opportunities through innovation and service optimization, thereby driving long-term growth.
See More
EPAM Systems Reports Strong Q1 2026 Results Amid AI Growth
- Significant Revenue Growth: EPAM reported Q1 2026 revenues of $1.4 billion, reflecting a 7.6% year-over-year increase, which underscores the company's ongoing growth in AI transformation and digital services, further solidifying its market leadership.
- Net Income Increase: The company achieved a net income of $82.5 million, a 12.5% increase from the previous year, with earnings per share at $1.52, demonstrating successful cost control and operational efficiency, thereby boosting investor confidence.
- Strong Cash Flow: As of March 31, 2026, EPAM's cash and cash equivalents stood at $1.036 billion, although down from the previous period, it maintains solid liquidity, providing a buffer for future investments and expansion.
- Optimistic Outlook: EPAM anticipates full-year revenue growth between 4% and 6.5% for 2026, with Q2 revenue growth expected at 4%, indicating that the company's continued investment in AI markets will drive future growth potential.
See More
EPAM Systems Q1 Earnings Exceed Expectations
- Earnings Beat: EPAM Systems reported a Q1 non-GAAP EPS of $2.86, surpassing expectations by $0.11, indicating strong performance and enhanced profitability in the competitive landscape.
- Revenue Growth: The company achieved Q1 revenue of $1.4 billion, reflecting a 7.7% year-over-year increase and exceeding market expectations by $10 million, showcasing steady growth in customer demand and market share.
- Full-Year Outlook: EPAM now anticipates a full-year revenue growth rate between 4.0% and 6.5%, with organic constant currency growth projected between 2.5% and 5.0%, reflecting confidence in future market conditions and strategic planning.
- EPS Projections: The company expects GAAP diluted EPS to range from $8.29 to $8.59 and non-GAAP diluted EPS from $12.98 to $13.28, both above consensus estimates, indicating a sustained enhancement in profitability.
See More
EPAM and Anthropic Partner to Enhance Enterprise AI Capabilities
- Strategic Partnership: EPAM Systems has announced a multi-year strategic partnership with Anthropic aimed at accelerating the delivery of safe and reliable enterprise-grade AI, helping organizations convert AI investments into tangible business value.
- Integration of Expertise: By combining EPAM's deep engineering expertise with Anthropic's Claude models, enterprises can simplify complex legacy operations and automate workflows, thereby enhancing overall operational efficiency.
- Enhanced Data Analysis: This collaboration enables clients to analyze large-scale datasets, leveraging EPAM's engineering excellence alongside Anthropic's advanced technology to drive data-driven decision-making and improve market competitiveness.
- Future Growth Potential: As enterprises increasingly demand AI investments, this partnership not only provides clients with trusted solutions but also opens new growth opportunities for both EPAM and Anthropic in the rapidly evolving AI market.
See More
EPAM Unveils AI-Powered ServiceNow Development Capabilities
- Productivity Boost: At Knowledge 2026, EPAM showcases its AI-powered ServiceNow development capabilities, projecting a 35% improvement in development efficiency and approximately 50% in support efficiency, significantly reducing operational costs for clients and accelerating market responsiveness.
- Real-Time Demonstrations: EPAM's booth will highlight the real-time impact of its AI solutions, leveraging a 'client zero' approach to emphasize the company's leadership in AI applications, further solidifying its market share in enterprise platform development.
- Technological Innovation: Built on Anthropic's Claude Code, EPAM's solution combines platform engineering expertise with practical AI applications, driving organizations to reduce delivery friction and expedite the market launch of new features.
- Industry Leadership: With over 30 years of experience in enterprise-grade application development, EPAM is committed to pioneering the next era of AI-native builds, helping Fortune Global 2000 companies achieve digital transformation and create sustainable business value.
See More
