
EPAM
Epam Systems Inc
- Overview
- Forecast
- Valuation
- Earnings

Line
|

Candle
1D
5D
1M
3M
6M
YTD
1Y
5Y
High
176.840
Open
173.650
VWAP
176.13
Vol
492.18K
Mkt Cap
9.82B
Low
172.7006
Amount
86.69M
EV/EBITDA(TTM)
12.38
Total Shares
57.97M
EV
8.69B
EV/OCF(TTM)
19.32
P/S(TTM)
1.96
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.
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Market Estimates
Earnings Estimates
Revenue
YoY Chg
EPS
YoYChg
FY2026Q1
FY2025Q4
FY2025Q3
1.40B
+7.32%
2.714
+12.63%
1.38B
+10.24%
2.897
+2.01%
1.38B
+17.78%
3.029
-2.93%
Estimates Revision
The market is revising Upward the revenue expectations for EPAM Systems, Inc. (EPAM) for FY2025, with the revenue forecasts being adjusted by 1% over the past three months. During the same period, the stock price has changed by 1.48%.
Revenue Estimates for FY2025
Revise Upward

+1%
In Past 3 Month
EPS Estimates for FY2025
Revise Upward

+2.13%
In Past 3 Month
Stock Price
Go Up

+1.48%
In Past 3 Month
12 Analyst Rating

18.56% Upside
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 209.09 USD with a low forecast of 171.00 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.
11 Buy
1 Hold
0 Sell
Strong Buy

18.56% Upside
Current: 176.360

Low
171.00
Averages
209.09
High
246.00

18.56% Upside
Current: 176.360

Low
171.00
Averages
209.09
High
246.00
JPMorgan
Overweight
to
NULL
downgrade
$205 -> $201
2025-08-20
Reason
JPMorgan
Price Target
$205 -> $201
2025-08-20
downgrade
Overweight
to
NULL
Reason
JPMorgan lowered the firm's price target on Epam Systems to $201 from $205 and keeps an Overweight rating on the shares. The firm updated targets in IT services post the Q2 reports, saying the sector is in the third straight year of below-average revenue growth. An improvement in growth is needed to drive higher valuation multiples, the analyst tells investors in a research note. JPMorgan is optimistic that sector growth will improve.
TD Cowen
Hold
to
Buy
upgrade
$192 -> $205
2025-08-18
Reason
TD Cowen
Price Target
$192 -> $205
2025-08-18
upgrade
Hold
to
Buy
Reason
TD Cowen upgraded Epam Systems to Buy from Hold with a price target of $205, up from $192. The shares at current levels reflect little to no credit for the company's recovering growth trajectory and completion of its global delivery reorganization, the analyst tells investors in a research note. The firm says that while services sector investor sentiment is poor, Epam's accelerating organic growth, trough profitability, capital allocation, and "discounted" valuation create an attractive 2-to-1 risk/reward skew.
Deutsche Bank
Hold
maintain
$171
2025-07-17
Reason
Deutsche Bank
Price Target
$171
2025-07-17
maintain
Hold
Reason
Deutsche Bank resumed coverage of Epam Systems with a Hold rating and $171 price target. The firm resumed coverage on 25 stocks in the payments, processors, and IT services industry with nine Buys, 14 Holds, and two restricted ratings. Both industries have materially underperformed the S&P 500 Index year-to-date as investor expectations increased around the November election, leading to an end of year run-up \"that has since proven overly-optimistic,\" the analyst tells investors in a research note. The firm says that with trade uncertainty and consumer spending concerns, the outlook for the group \"is as cloudy as it has been in the last five years.\" In this uncertain environment, Deutsche favors \"high-quality compounders\" with consistent sales growth, margin expansion, and free cash flow generation.
Mizuho
Outperform
maintain
$218 -> $224
2025-05-13
Reason
Mizuho
Price Target
$218 -> $224
2025-05-13
maintain
Outperform
Reason
Mizuho raised the firm's price target on Epam Systems to $224 from $218 and keeps an Outperform rating on the shares after the company recently reported "strong" Q1 results and raised 2025 guidance. Following a challenging IT Services spending environment over the past two years and Epam's "Great Relocation" of its delivery professionals, the company is set up well to accelerate organic revenue growth in 2025 and 2026, argues the analyst, who "slightly" raised the firm's 2025 and 2026 revenue and EPS estimates.
Barclays
NULL -> Overweight
maintain
$200 -> $215
2025-05-12
Reason
Barclays
Price Target
$200 -> $215
2025-05-12
maintain
NULL -> Overweight
Reason
Barclays raised the firm's price target on Epam Systems to $215 from $200 and keeps an Overweight rating on the shares.
Morgan Stanley
Equal Weight
downgrade
$250 -> $210
2025-05-09
Reason
Morgan Stanley
Price Target
$250 -> $210
2025-05-09
downgrade
Equal Weight
Reason
Morgan Stanley lowered the firm's price target on Epam Systems to $210 from $250 and keeps an Equal Weight rating on the shares. Strong Q1 results and positive bookings momentum in early April / May encouraged management to raise the calendar year 2025 organic growth outlook, but profitability remains in focus as the firm adjusts its 2026 numbers to account for a more gradual improvement in margins, the analyst tells investors.
See All Ratings
Valuation Metrics
The current forward P/E ratio for Epam Systems Inc (EPAM.N) is 15.17, compared to its 5-year average forward P/E of 33.33. For a more detailed relative valuation and DCF analysis to assess Epam Systems Inc 's fair value, click here.
Forward PE
The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.

Undervalued
5Y Average PE
33.33
Current PE
15.17
Overvalued PE
48.15
Undervalued PE
18.51
Forward EV/EBITDA
The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.

Undervalued
5Y Average EV/EBITDA
21.32
Current EV/EBITDA
9.71
Overvalued EV/EBITDA
30.85
Undervalued EV/EBITDA
11.80
Forward PS
The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.

Undervalued
5Y Average PS
4.16
Current PS
1.74
Overvalued PS
6.10
Undervalued PS
2.23
Financials
Annual
Quarterly
FY2025Q2
YoY :
+18.04%
1.35B
Total Revenue
FY2025Q2
YoY :
+9.88%
133.76M
Operating Profit
FY2025Q2
YoY :
-10.67%
88.03M
Net Income after Tax
FY2025Q2
YoY :
-8.24%
1.56
EPS - Diluted
FY2025Q2
YoY :
-17.12%
43.37M
Free Cash Flow
FY2025Q2
YoY :
-3.39%
26.51
Gross Profit Margin - %
FY2025Q2
YoY :
-31.87%
8.08
FCF Margin - %
FY2025Q2
YoY :
-24.33%
6.50
Net Margin - %
FY2025Q2
YoY :
-7.70%
11.27
ROIC
Trading Trends
Insider
Insiders areSelling! The selling amount has increased 597.24% over the last month.
Sold
0-3
Months
0.0
USD
0
3-6
Months
1.9M
USD
1
6-9
Months
2.1M
USD
3
0-12
Months
237.0K
USD
1
Bought
0-3
0
0.0
USD
Months
3-6
0
0.0
USD
Months
6-9
0
0.0
USD
Months
0-12
0
0.0
USD
Months
Hedge Fund
Hedge Funds are Neutral. There are no significant trading trends over the last quarter.
Sold
0-3
Months
0.0
Volume
0
3-6
Months
4.1K
Volume
2
6-9
Months
0.0
Volume
0
0-12
Months
0.0
Volume
0
Bought
0-3
2
110.3K
Volume
Months
3-6
1
272.0K
Volume
Months
6-9
7
259.2K
Volume
Months
0-12
0
0.0
Volume
Months
Congress Trading
Congress are Neutral. There are no significant trading trends over the last month.
Sold
0-3
Months
0.0
USD
0
3-6
Months
32.5K
USD
1
6-9
Months
65.0K
USD
2
0-12
Months
0.0
USD
0
Bought
0-3
2
16.0K
USD
Months
3-6
2
65.0K
USD
Months
6-9
0
0.0
USD
Months
0-12
0
0.0
USD
Months
Insider
Insiders areSelling! The selling amount has increased 597.24% over the last month.
Sold
0-3
Months
0.0
USD
0
3-6
Months
1.9M
USD
1
6-9
Months
2.1M
USD
3
0-12
Months
237.0K
USD
1
Bought
0-3
0
0.0
USD
Months
3-6
0
0.0
USD
Months
6-9
0
0.0
USD
Months
0-12
0
0.0
USD
Months
EPAM News & Events
Events Timeline
2025-08-18 (ET)
2025-08-18
09:55:01
Significant Early Gainers in Liquid Options on August 18th

2025-08-07 (ET)
2025-08-07
09:55:01
Early notable gainers among liquid option names on August 7th

2025-08-07
06:21:42
Epam Systems raises FY25 EPS view to $10.96-$11.12 from $10.70-$10.95

Sign Up For More Events
Sign Up For More Events
News
4.0
08-21Yahoo FinanceMizuho Increases Price Target for EPAM Systems (EPAM) Following Strong Q2 Performance and Revised Outlook
4.5
08-18NASDAQ.COMStocks Close Mostly Unchanged as Bond Yields Rise
2.0
08-18CNBCMidday Stock Highlights: Notable Movements from Meta Platforms, Duolingo, Target, Dayforce, TeraWulf, and Others
Sign Up For More News
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FAQ

What is Epam Systems Inc (EPAM) stock price today?
The current price of EPAM is 176.36 USD — it has increased 1.25 % in the last trading day.

What is Epam Systems Inc (EPAM)'s business?

What is the price predicton of EPAM Stock?

What is Epam Systems Inc (EPAM)'s revenue for the last quarter?

What is Epam Systems Inc (EPAM)'s earnings per share (EPS) for the last quarter?

What changes have occurred in the market's expectations for Epam Systems Inc (EPAM)'s fundamentals?

How many employees does Epam Systems Inc (EPAM). have?
