EPAMEPAMTechnology · Information Technology Services

EPAM Stock Forecast: EPAM Systems, Inc. Price Predictions for 2026-2027

Last close, 8 Oct 2026
$114
+5.11% on the day

The 19 Wall Street analysts covering EPAM Systems, Inc. hold a median 12-month price target of $120 — +5.4% from the last close. Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 74 of 100 as at 8 Oct 2026 — in the upper half. Here, the model and the Street point the same way.

Market cap
$5.6B
Ticker Nerd rank
74 / 100
Median analyst target
$120
Analysts covering
19
Revenue$1.4B+4.5% y/y
Operating income$152.2M
Net income$103.0M
Free cash flow−$17.6M
Quarterly, 8 quarters to 30 June 2026 · latest quarter's figure shown
Total return, dividends reinvested
1W
−0.4%
1M
−1.3%
YTD
−44.4%
1Y
−24.6%
From 52W high
−48.6%
From 52W low
+49.7%
$76
$221
52-week range, adjusted closes · the dot is the last close
Ticker Nerd rank

EPAM stock analysis: one number for the whole business

Consensus tells you what everyone already believes. The model scores EPAM Systems, Inc. on its factor families — the same systematic rank behind the Ticker Nerd portfolio.

Where the model ranks itAs at 8 Oct 2026
74 / 100

Percentile across ~4,600 US stocks on Ticker Nerd’s systematic factor model. Higher is better. How the model is built and tested

Issuance
91
Volatility
89
Value
85
Revisions
72
Quality
69
Accruals
63
Growth
43
Momentum
25
Size
20

Issuance (91): The share count has been shrinking and the company is not leaning on new borrowing.

Momentum (25): The shares have been drifting down relative to others.

Size (20): Larger than most of the companies we track — more scrutinised, less often mispriced.

Built and run by Aslam Ghouse, an ex-Goldman Sachs quant trader with fourteen years in markets.

Wall Street

EPAM stock forecast 2026-2027: analyst price targets & predictions

The bullish and bearish analyst opinions on EPAM, reported as data — targets and ratings, the market's view beside the model's.

Share price and the analyst range, 12 monthsAdjusted close, US dollars
$100$150$200Jan 26Apr 26Jul 26Oct 26EPAMHigh $200Median $120Low $94

Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.

Data provided by Twelve Data

What Wall Street says19 analysts
9 Buy10 Hold0 Sell
Low $94Median $120High $200

The green dot is the last close — the median target sits +5.4% from it.

Recent analyst actionsNewest first

Of the 20 most recent actions, 0 moved their price target up and 8 moved it down.

DateFirmActionRatingTarget
26 Aug 2026JP MorganDowngradeNeutral$120
10 Aug 2026GuggenheimMaintainsBuy—
10 Aug 2026GuggenheimMaintainsBuy$165 → $140
7 Aug 2026JP MorganMaintainsOverweight$142 → $120
7 Aug 2026JP MorganMaintainsOverweight—
7 Aug 2026SusquehannaMaintainsPositive$167 → $146
7 Aug 2026SusquehannaMaintainsPositive—
7 Aug 2026TD CowenMaintainsBuy$131 → $120
7 Aug 2026TD CowenMaintainsBuy—
7 Aug 2026Truist SecuritiesMaintainsHold$112 → $110
7 Aug 2026Truist SecuritiesMaintainsHold—
6 Aug 2026NeedhamMaintainsBuy$135 → $120
6 Aug 2026NeedhamMaintainsBuy—
6 Aug 2026William BlairDowngradeMarket Perform—
6 Aug 2026William BlairDowngradeMarket Perform—
4 Aug 2026Morgan StanleyMaintainsEqual-Weight$112 → $100
4 Aug 2026Morgan StanleyMaintainsEqual-Weight—
27 July 2026CitigroupMaintainsNeutral$112 → $100
27 July 2026CitigroupMaintainsNeutral—
10 July 2026Wells FargoMaintainsOverweight—

Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.

Market Radar

This page is one stock. Monday covers all of them.

Computed off the Friday close and sent before the US open.

Market Radar reports the week’s largest rank changes across roughly 4,600 US stocks, the factor behind each one, and where the market went. EPAM appears on the weeks it earns a place.

Free, every Monday. Unsubscribe any time.

Performance

EPAM vs the S&P 500

Both lines are total return — dividends reinvested — so the comparison is honest on both sides.

Over the twelve months to 8 Oct 2026, EPAM Systems, Inc. returned −24.6% against +16.2% for the S&P 500, dividends included.

EPAM vs S&P 500, last 12 monthsTotal return, rebased to 100
406080100120140Jan 26Apr 26Jul 26Oct 26EPAMS&P 500

Download this chart as an image — free to reuse; link this page as the source.

Data provided by Twelve Data

Estimates

EPAM analyst estimate revisions

Not the forecast itself — the direction analysts are revising it. Revision direction is one of the model's factor families.

Which way the estimates are movingNext fiscal year
EPS revision, 90 days
+0.7%
Analysts raising
17
Analysts cutting
0
Fundamentals

EPAM Systems, Inc. (EPAM) financial data

A margin means little on its own. Each bar marks where the figure sits across the whole US universe we score.

Valuation
Trailing P/E
14.8×

Cheaper than 46% of US stocks

Price / sales
1.0×

Cheaper than 69% of US stocks

Price / book
1.6×

Cheaper than 51% of US stocks

EV / EBITDA
6.7×

Cheaper than 49% of US stocks

Growth & margins
Revenue growth (YoY)
4.5%

Higher than 37% of US stocks

Earnings growth (YoY)
17.0%

Higher than 55% of US stocks

Gross margin
30.4%

Higher than 35% of US stocks

Operating margin
10.9%

Higher than 66% of US stocks

Net margin
7.2%

Higher than 65% of US stocks

Returns & dividend
Return on equity
11.2%

Higher than 66% of US stocks

Return on assets
8.5%

Higher than 89% of US stocks

Dividend yield
0.0%

Higher than 1% of US dividend payers

Bars mark the percentile across the ~4,600 US stocks Ticker Nerd covers, among those reporting the figure.

Key statistics

EPAM Systems, Inc. (EPAM) statistics: revenue, profit & scale

The headline figures, each with its date. Every row carries its own link — cite it straight from here.

  • EPAM Systems, Inc. has a market value of $5.6B and an enterprise value of $5.0B.

  • Revenue in the twelve months to 30 June 2026: $5.6B. The latest quarter grew 4.5% year on year.

  • Net income over the same four quarters: $401.7M, a 7.2% net margin.

  • Diluted earnings per share, trailing twelve months: $7.38.

  • Free cash flow in the twelve months to 30 June 2026: $482.6M.

  • EPAM Systems, Inc. spent $714.6M on share buybacks in the twelve months to 30 June 2026.

  • Shares outstanding: 51.6M.

  • Trailing P/E: 14.8×; forward P/E: 7.8× — the forward figure prices analyst consensus estimates, not reported earnings.

  • Forward dividend yield: 0.00%, paying out 0% of earnings.

  • EPAM Systems, Inc. employs 62,850 people — $89K of revenue per employee.

Statement figures: company filings via Twelve Data, four quarters to 30 June 2026 · market figures as at 7 Oct 2026

Data provided by Twelve Data

Peers

EPAM vs competitors

The nearest names by industry and size, scored by the same model — like for like.

Its peer group, ranked by the same modelInformation Technology Services
CompanyMarket capTKN rank
EPAMEPAM Systems, Inc.$5.6B
74
GGenpact Ltd.$6.0B
91
EXLSExlService Holdings, Inc.$5.6B
81
SAICScience Applications International Corp.$5.6B
93
CIFRCipher Digital, Inc.$5.6B
8
INGMIngram Micro Holding Corp.$6.5B
79
MAASMaase, Inc.$5.4B
2

Look up any of the roughly 4,600 stocks we score.

The rank is the raw material. Whether the rules would actually own EPAM Systems, Inc. — and when they’d sell — is the membership. See the Ticker Nerd 20 →

News

Latest EPAM news & analysis

The Stocks Wall Street Thought AI Would Kill Just Jumped 5% While AI Darlings Sank

24/7 Wall Street · 9 Oct 2026neutral

Consulting and IT services stocks that had been pressured by concerns that AI would erode their businesses rose after an unconfirmed revenue figure emerged, while AI-focused stocks fell. The excerpt does not identify the figure or specific stocks.

Why it matters — EPAM watchers may note the shift in sentiment toward consulting and IT services companies amid AI-related concerns.

EPAM Unveils New Frontier AI Service, Bridging the Enterprise Intelligence Gap for GenAI and Autonomous Agents

PRNewsWire · 5 Oct 2026positive

EPAM Systems announced the launch of a new strategic offering dedicated to powering next-generation frontier AI models. The offering leverages EPAM's enterprise engineering depth and AI lab partnerships to deliver advanced data and evaluation services for GenAI and autonomous agents.

Why it matters — This signals EPAM's expansion into the frontier AI market, positioning the company to address the enterprise intelligence gap amid growing demand for GenAI and autonomous agent services.

EPAM Announces Date for Third Quarter Earnings Release and Conference Call

PRNewsWire · 2 Oct 2026neutral

EPAM Systems announced that it will release its third quarter earnings and host a conference call at 8:00 a.m., as disclosed in a PRNewswire press release dated Oct. 2, 2026.

Why it matters — EPAM watchers will want to mark the date for the earnings release and conference call to hear the company's third quarter results.

EPAM Successfully Delivered Cloud Infrastructure and Applications for the European Union's First Equities Consolidated Tape

PRNewsWire · 24 Sept 2026positive

EPAM successfully delivered a cloud-native environment and applications to support EuroCTP, the European Union's first equities consolidated tape. The work leverages EPAM's engineering expertise to help address a long-standing challenge of fragmented market data.

Why it matters — This highlights EPAM's capability in delivering complex, mission-critical cloud and data infrastructure for a major European financial initiative, underscoring its role in regulated technology projects.

Here's Why Epam (EPAM) is a Strong Value Stock

Zacks Investment Research · 22 Sept 2026positive

Zacks Investment Research highlighted EPAM Systems (EPAM) as a strong value stock, based on its Zacks Style Scores framework designed to identify market-beating stocks for investment portfolios.

Why it matters — A positive value-stock designation from a recognized research service could draw attention to EPAM among investors screening for strong, market-beating opportunities.

FAQ

Frequently asked questions about EPAM stock

What is the EPAM stock price forecast for 2026-2027?

The 19 Wall Street analysts covering EPAM Systems, Inc. have a median 12-month price target of $120, with estimates ranging from $94 to $200. These are third-party analyst estimates, not Ticker Nerd forecasts, and they are frequently wrong.

Is EPAM stock a buy right now?

Of the 19 analysts covering EPAM Systems, Inc., 9 rate it a Buy, 10 a Hold and 0 a Sell. Ticker Nerd's systematic factor model ranks EPAM Systems, Inc. 74 out of 100 across roughly 4,600 US stocks as at 8 Oct 2026. None of this is personal advice — it does not consider your circumstances.

How does Ticker Nerd's model rank EPAM?

As at 8 Oct 2026, EPAM Systems, Inc. ranks 74 out of 100 on Ticker Nerd's systematic factor model — a percentile across roughly 4,600 US stocks, built from its factor families. Its strongest factor family is Issuance (91 of 100).

Will EPAM stock go up?

No one can know that. What the data says: the median 12-month target from 19 analysts implies +5.4% from the last close, and Ticker Nerd's factor model ranks EPAM Systems, Inc. 74 out of 100 as at 8 Oct 2026. Analyst targets are third-party estimates and frequently wrong; none of this is personal advice.

What is the EPAM stock forecast for 2030?

No analyst covering EPAM Systems, Inc. publishes a 2030 price target — Wall Street targets run 12 to 18 months out. Sites quoting a 2030 price for EPAM are extrapolating price history, which says nothing about the business. The furthest attributed numbers are the current analyst targets: $94 to $200 over the next 12 months.

How has EPAM stock performed over the past year?

EPAM Systems, Inc. returned -24.6% over the 12 months to 8 Oct 2026, with dividends reinvested. Past performance does not indicate future returns.

What does EPAM Systems, Inc. do?

EPAM Systems, Inc. is a global digital engineering and information technology services company that helps organizations design, build, and modernize software-driven products and platforms.

What is the latest news on EPAM?

The most recent item we track (24/7 Wall Street, 9 Oct 2026): "The Stocks Wall Street Thought AI Would Kill Just Jumped 5% While AI Darlings Sank". Consulting and IT services stocks that had been pressured by concerns that AI would erode their businesses rose after an unconfirmed revenue figure emerged, while AI-focused stocks fell. The excerpt does not identify the figure or specific stocks.

Company

About EPAM Systems, Inc.

EPAM Systems, Inc. is a global digital engineering and information technology services company that helps organizations design, build, and modernize software-driven products and platforms. EPAM Systems, Inc. combines software engineering, cloud services, data and artificial intelligence capabilities, customer experience design, cybersecurity, and business consulting to support digital transformation across enterprises and startups. Its work spans application development, platform integration, quality engineering, managed services, and modernization of legacy systems, making it a broad-based technology partner for complex digital initiatives. The company serves clients across industries including financial services, healthcare and life sciences, retail, consumer goods, media, travel, software, and high-tech. Headquartered in Newtown, Pennsylvania, EPAM Systems, Inc. is positioned in the IT services market as a provider of end-to-end engineering and consulting services for organizations seeking to improve technology operations and digital products.

CEO Mr. Balazs Fejes · 62,850 employees · United States · https://www.epam.com