EPAM Stock: Price, Forecast, Financials & AI Analysis

High

Open

VWAP

Vol

Mkt Cap

Low

Amount

EV/EBITDA(TTM)

Total Shares

EV/OCF(TTM)

P/S(TTM)

Market Estimates

Earnings Estimates

Revenue

YoY Chg

EPS

YoYChg

FY2025Q4

FY2026Q1

FY2026Q2

1.39B

+11.31%

3.157

+11.15%

1.40B

+7.43%

2.763

+14.65%

1.44B

+6.18%

3.058

+10.39%

Estimates Revision

The market is revising Upward the revenue expectations for EPAM Systems, Inc. (EPAM) for FY2025, with the revenue forecasts being adjusted by 0.57% over the past three months. During the same period, the stock price has changed by 34.64%.

Revenue Estimates for FY2025

Revise Upward

+0.57%

In Past 3 Month

EPS Estimates for FY2025

Revise Upward

+3.08%

In Past 3 Month

Stock Price

Go Up

+34.64%

In Past 3 Month

11 Analyst Rating

Wall Street analysts forecast EPAM stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for EPAM is 207.10 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

2 Hold

0 Sell

Strong Buy

Current: 208.085

Low

170.00

Averages

207.10

High

246.00

Current: 208.085

Low

170.00

Averages

207.10

High

246.00

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.

JPMorgan

NULL -> Overweight

maintain

$201 -> $215

2025-11-07

Reason

JPMorgan

Price Target

$201 -> $215

2025-11-07

maintain

NULL -> Overweight

Reason

JPMorgan raised the firm's price target on Epam Systems to $215 from $201 and keeps an Overweight rating on the shares. The company reported a strong Q3, with revenue above estimates and a solid fiscal 2025 outlook raise, the analyst tells investors in a research note.

Citi

Neutral

initiated

$170

2025-10-22

Reason

Citi

Price Target

$170

2025-10-22

initiated

Neutral

Reason

Citi initiated coverage of Epam Systems with a Neutral rating and $170 price target. The firm sees low visibility into the company's recovery.

Wells Fargo

Jason Kupferberg

Overweight

initiated

$185

2025-10-21

Reason

Wells Fargo

Jason Kupferberg

Price Target

$185

2025-10-21

initiated

Overweight

Reason

Wells Fargo analyst Jason Kupferberg initiated coverage of Epam Systems with an Overweight rating and $185 price target as the firm initiated coverage on 20 stocks in the Payments, Processors, and IT Services sector. Sentiment is "glass half-empty" for many stocks, the analyst tells investors in a research note. Within the spectrum of cyclical versus structural risks, Wells sees IT Services leaning somewhat more toward structural challenges, particularly those tied to AI, which is viewed as driving a transition phase for the sector. The firm thinks Epam Systems can print upside to near-term estimates.

Morgan Stanley

James Faucette

Equal Weight

downgrade

$210 -> $175

2025-09-09

Reason

Morgan Stanley

James Faucette

Price Target

$210 -> $175

2025-09-09

downgrade

Equal Weight

Reason

Morgan Stanley analyst James Faucette lowered the firm's price target on Epam Systems to $175 from $210 and keeps an Equal Weight rating on the shares. While the firm maintains Equal Weight rating on the individual U.S. IT Services stocks as it believes current expectations are muted and sees limited estimate downside, it its downgrading its U.S. IT Services outlook to Cautious due to AI crowding out IT budgets, increased pricing pressure, and ROIC dilution on the back of what the firm believes will be increased investment. The firm anticipates further downward pressure on services companies' ROIC will keep growth rates low, limit margin expansion, and continue to pressure valuations, the analyst tells investors.

JPMorgan

Overweight

NULL

downgrade

$205 -> $201

2025-08-20

Reason

JPMorgan

Price Target

$205 -> $201

2025-08-20

downgrade

Overweight

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.

Valuation Metrics

The current forward P/E ratio for Epam Systems Inc (EPAM.N) is 16.97, compared to its 5-year average forward P/E of 31.34. 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.

5Y Average PE

31.34

Current PE

16.97

Overvalued PE

46.36

Undervalued PE

16.31

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.

5Y Average EV/EBITDA

20.07

Current EV/EBITDA

11.17

Overvalued EV/EBITDA

29.74

Undervalued EV/EBITDA

10.41

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.

5Y Average PS

3.90

Current PS

2.03

Overvalued PS

5.85

Undervalued PS

1.95

Financials

Annual

Quarterly

N/A

Total Revenue

N/A

Operating Profit

N/A

Net Income after Tax

N/A

EPS - Diluted

N/A

Free Cash Flow

N/A

Gross Profit Margin - %

N/A

FCF Margin - %

N/A

Net Margin - %

N/A

ROIC

Trading Trends

Insider

Insiders are Neutral. There are no significant trading trends over the last month.

Sold

Bought

Hedge Fund

Hedge Funds are Neutral. There are no significant trading trends over the last quarter.

Sold

Bought

Congress Trading

Congress are Neutral. There are no significant trading trends over the last month.

Sold

Bought

Insider

Insiders are Neutral. There are no significant trading trends over the last month.

Sold

Bought

EPAM News & Events

Events Timeline

No data

News

9.5

12-11NASDAQ.COM

Three Additional Top Stocks in the S&P 500 as We Approach the New Year

6.5

12-10NASDAQ.COM

Zacks Analyst Blog Features JPMorgan Chase, EPAM Systems, and Costco Wholesale

6.5

12-09NASDAQ.COM

Key Analyst Insights on JPMorgan Chase, EPAM, and Costco

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Frequently Asked Questions

What is Epam Systems Inc (EPAM) stock price today?

The current price of EPAM is 208.085 USD — it has decreased -0.74 % in the last trading day.

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

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.

What is the price predicton of EPAM Stock?

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

Epam Systems Inc revenue for the last quarter amounts to 1.39B USD, increased 19.43 % YoY.

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

Epam Systems Inc. EPS for the last quarter amounts to 1.91 USD, decreased -19.41 % YoY.

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?

Epam Systems Inc (EPAM) has 61200 emplpoyees as of December 15 2025.

What is Epam Systems Inc (EPAM) market cap?

Today EPAM has the market capitalization of 11.58B USD.