Wishbone Management Acquires $15.08 Million Stake in EPAM Systems
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 01 2026
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Source: Fool
- New Investment Position: Wishbone Management initiated a new position in EPAM Systems by acquiring 100,000 shares valued at $15.08 million in Q3, marking the fund's entry into the IT services sector, despite holding only four positions overall.
- Asset Allocation Insight: This investment represents 8.11% of Wishbone's 13F reportable assets as of September 30, indicating a strategic focus on EPAM, even as the company's stock has declined 12% over the past year.
- Financial Performance Highlight: EPAM reported $1.394 billion in Q3 revenue, a 19.4% year-over-year increase, and raised its full-year outlook, projecting revenue of approximately $5.43 billion to $5.45 billion for 2025, showcasing strong growth potential.
- Buyback Program: EPAM repurchased $82.1 million of its stock during the quarter and authorized an additional $1 billion buyback program, reflecting the company's confidence in its value and commitment to shareholders.
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Analyst Views on EPAM
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
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
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.
EPAM Systems to Release Q4 and Full Year 2025 Financial Results on February 19, 2026
- Earnings Call Schedule: EPAM Systems will host a conference call on February 19, 2026, at 8:00 a.m. ET to discuss its Q4 and full year 2025 financial results, with a news release expected prior to the call for investor reference.
- Investor Participation: Investors can join the call via the EPAM website, with a recommendation to register at least 15 minutes in advance to ensure smooth access; those unable to attend live can find a replay in the Investor Relations section of the website.
- Company Background: Since its founding in 1993, EPAM Systems has become a leading global provider of digital engineering and cloud AI transformation services, focusing on accelerating clients' market responsiveness and enhancing the value of their innovations through integrated strategy, experience, and technology consulting.
- Industry Recognition: EPAM was added to the S&P 500 and Forbes Global 2000 in 2021 and ranked among the top 15 companies in Information Technology Services in the Fortune 1000, highlighting its leadership and influence in the industry.
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EPAM Systems to Release Q4 and Full Year 2025 Financial Results on February 19, 2026
- Earnings Call Schedule: EPAM Systems will host a conference call on February 19, 2026, at 8:00 a.m. ET to discuss its Q4 and full year 2025 financial results, with a news release expected prior to the call to ensure timely information dissemination to investors.
- Live Webcast Availability: The conference call will be live-streamed on the EPAM website, requiring investors to register at least 15 minutes in advance, while those unable to attend live can access a replay in the Investor Relations section, ensuring broad access to critical updates.
- Company Background: Since its founding in 1993, EPAM Systems has evolved into a leading global provider of digital engineering and cloud services, focusing on leveraging AI and digital transformation to enhance client competitiveness and drive industry innovation.
- Industry Recognition: In 2021, EPAM was added to the S&P 500 and Forbes Global 2000, and recognized as a top 15 company in Information Technology Services, underscoring its leadership position and significant market impact within the industry.
Continue Reading