RSPT, UVIX: Big ETF Outflows
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jul 30 2024
0mins
Should l Buy EPAM?
Source: NASDAQ.COM
ETF Outflow Details: The UVIX ETF experienced the largest outflow, losing 5,110,000 units, which equates to a 38.1% decrease in outstanding units compared to the previous week.
Author's Perspective: The views expressed in the article are solely those of the author and do not necessarily represent Nasdaq, Inc.
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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: 110.600
Low
170.00
Averages
214.70
High
246.00
Current: 110.600
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 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 Unveils AI-Powered ServiceNow Development Capabilities
- 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.
See More
SpaceX IPO Expected to Trigger S&P 500 Reshuffle
- Market Valuation Impact: SpaceX's IPO is targeting a valuation of approximately $1.75 trillion, which will position it as the largest industrial stock globally and among the top ten companies in the U.S., highlighting its significant market presence.
- S&P 500 Reshuffle Risk: The IPO will necessitate a major reshuffle of the S&P 500, with EPAM Systems likely to be ousted due to its market cap of around $6 billion, which could create short-term downward pressure on its stock price and affect its liquidity and institutional ownership.
- Institutional Investor Reaction: As the SpaceX IPO approaches, institutional investors may begin to reposition their portfolios in anticipation of the S&P 500 rebalancing, potentially leading to increased selling pressure on stocks like EPAM, exacerbating their market performance decline.
- Industry Impact Analysis: While removal from the S&P 500 does not equate to absolute failure, EPAM Systems has already faced significant declines due to a sell-off in SaaS stocks, and its outlook appears more precarious compared to consumer staples amid rising inflation concerns.
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SpaceX IPO Set to Reshape S&P 500 Index
- S&P 500 Restructuring: SpaceX's upcoming IPO is projected to achieve a valuation of approximately $1.75 trillion, making it the largest industrial stock globally, which will necessitate a significant reshuffle of the S&P 500, with EPAM Systems likely facing removal and downward pressure on its stock price.
- EPAM Systems at Risk: Currently valued at around $6 billion, EPAM Systems is the most vulnerable candidate for exclusion due to its poor performance amid a significant sell-off in SaaS stocks, which could lead to a decline in investor confidence and stock price.
- Impact on Index Funds: The removal of EPAM from the index will compel index funds tracking the S&P 500, such as the Vanguard S&P 500 ETF and State Street SPDR S&P 500 ETF Trust, to sell their shares, potentially causing short-term price drops and reducing liquidity and institutional ownership.
- Market Reaction Anticipation: While exclusion from the S&P 500 does not guarantee failure, it typically results in decreased analyst coverage and trading volume, necessitating caution for EPAM Systems investors given its precarious position in light of the impending IPO.
See More
EPAM Wins Two 2026 Google Cloud Partner of the Year Awards
- Award Recognition: EPAM Systems has been awarded two 2026 Google Cloud Partner of the Year awards, highlighting its excellence in helping clients achieve measurable business outcomes through advanced AI and cloud technologies, thereby reinforcing its leadership position in the industry.
- Solution Advantages: The solutions provided by EPAM are scalable, secure, and high-performing, effectively addressing complex challenges and enhancing clients' operational efficiency and cost-effectiveness, which drives rapid business growth.
- Comprehensive Capabilities: With its end-to-end engineering, consulting, and delivery capabilities, EPAM offers comprehensive support to clients, ensuring optimal business outcomes during cloud solution implementation and enhancing clients' competitive edge in the market.
- Strategic Partnership: This recognition not only underscores EPAM's close collaboration with Google Cloud but also reflects the company's ongoing commitment to driving digital transformation and innovation, aiming to empower clients through technology for long-term growth.
See More
EPAM Wins Two 2026 Google Cloud Partner of the Year Awards
- Dual Recognition: EPAM Systems has been awarded two 2026 Google Cloud Partner of the Year awards, highlighting its exceptional performance in helping clients achieve measurable business outcomes, particularly in modernizing platforms and unlocking data value.
- Sustainability Award: EPAM's use of AI and geospatial technology to address environmental challenges earned it the Services & Industry Solutions: Sustainability award, showcasing its commitment to setting new standards for responsible technology use in environmental stewardship.
- Database Migration Success: Through collaboration with Deutsche Bank, EPAM accelerated cloud migrations using a repeatable, scalable methodology, significantly reducing total cost of ownership and enhancing the feasibility of enterprise database modernization.
- Deepening Strategic Partnership: This recognition further solidifies EPAM's long-standing strategic collaboration with Google Cloud, underscoring its leadership in driving customer success and delivering industry-specific solutions.
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 Unveils AI-Powered ServiceNow Development Capabilities
- 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.
See More
SpaceX IPO Expected to Trigger S&P 500 Reshuffle
- Market Valuation Impact: SpaceX's IPO is targeting a valuation of approximately $1.75 trillion, which will position it as the largest industrial stock globally and among the top ten companies in the U.S., highlighting its significant market presence.
- S&P 500 Reshuffle Risk: The IPO will necessitate a major reshuffle of the S&P 500, with EPAM Systems likely to be ousted due to its market cap of around $6 billion, which could create short-term downward pressure on its stock price and affect its liquidity and institutional ownership.
- Institutional Investor Reaction: As the SpaceX IPO approaches, institutional investors may begin to reposition their portfolios in anticipation of the S&P 500 rebalancing, potentially leading to increased selling pressure on stocks like EPAM, exacerbating their market performance decline.
- Industry Impact Analysis: While removal from the S&P 500 does not equate to absolute failure, EPAM Systems has already faced significant declines due to a sell-off in SaaS stocks, and its outlook appears more precarious compared to consumer staples amid rising inflation concerns.
See More
SpaceX IPO Set to Reshape S&P 500 Index
- S&P 500 Restructuring: SpaceX's upcoming IPO is projected to achieve a valuation of approximately $1.75 trillion, making it the largest industrial stock globally, which will necessitate a significant reshuffle of the S&P 500, with EPAM Systems likely facing removal and downward pressure on its stock price.
- EPAM Systems at Risk: Currently valued at around $6 billion, EPAM Systems is the most vulnerable candidate for exclusion due to its poor performance amid a significant sell-off in SaaS stocks, which could lead to a decline in investor confidence and stock price.
- Impact on Index Funds: The removal of EPAM from the index will compel index funds tracking the S&P 500, such as the Vanguard S&P 500 ETF and State Street SPDR S&P 500 ETF Trust, to sell their shares, potentially causing short-term price drops and reducing liquidity and institutional ownership.
- Market Reaction Anticipation: While exclusion from the S&P 500 does not guarantee failure, it typically results in decreased analyst coverage and trading volume, necessitating caution for EPAM Systems investors given its precarious position in light of the impending IPO.
See More
EPAM Wins Two 2026 Google Cloud Partner of the Year Awards
- Award Recognition: EPAM Systems has been awarded two 2026 Google Cloud Partner of the Year awards, highlighting its excellence in helping clients achieve measurable business outcomes through advanced AI and cloud technologies, thereby reinforcing its leadership position in the industry.
- Solution Advantages: The solutions provided by EPAM are scalable, secure, and high-performing, effectively addressing complex challenges and enhancing clients' operational efficiency and cost-effectiveness, which drives rapid business growth.
- Comprehensive Capabilities: With its end-to-end engineering, consulting, and delivery capabilities, EPAM offers comprehensive support to clients, ensuring optimal business outcomes during cloud solution implementation and enhancing clients' competitive edge in the market.
- Strategic Partnership: This recognition not only underscores EPAM's close collaboration with Google Cloud but also reflects the company's ongoing commitment to driving digital transformation and innovation, aiming to empower clients through technology for long-term growth.
See More
EPAM Wins Two 2026 Google Cloud Partner of the Year Awards
- Dual Recognition: EPAM Systems has been awarded two 2026 Google Cloud Partner of the Year awards, highlighting its exceptional performance in helping clients achieve measurable business outcomes, particularly in modernizing platforms and unlocking data value.
- Sustainability Award: EPAM's use of AI and geospatial technology to address environmental challenges earned it the Services & Industry Solutions: Sustainability award, showcasing its commitment to setting new standards for responsible technology use in environmental stewardship.
- Database Migration Success: Through collaboration with Deutsche Bank, EPAM accelerated cloud migrations using a repeatable, scalable methodology, significantly reducing total cost of ownership and enhancing the feasibility of enterprise database modernization.
- Deepening Strategic Partnership: This recognition further solidifies EPAM's long-standing strategic collaboration with Google Cloud, underscoring its leadership in driving customer success and delivering industry-specific solutions.
See More
