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

Last close, 17 Sept 2026
$117
−0.06% on the day

The 19 Wall Street analysts covering EPAM Systems, Inc. hold a median 12-month price target of $120 — +2.5% from the last close. Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 67 of 100 as at 16 Sept 2026 — in the upper half.

Market cap
$6.0B
Ticker Nerd rank
67 / 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
+2.3%
1M
+18.6%
YTD
−42.8%
1Y
−23.7%
From 52W high
−47.1%
From 52W low
+54.0%
$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 16 Sept 2026
67 / 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
Value
82
Volatility
78
Revisions
70
Quality
67
Accruals
62
Growth
43
Size
20
Momentum
16

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

Momentum (16): The shares have been drifting down relative to others.

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$200Oct 25Jan 26Apr 26Jul 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
8 Buy11 Hold0 Sell
Low $94Median $120High $200

The green dot is the last close — the median target sits +2.5% 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 17 Sept 2026, EPAM Systems, Inc. returned −23.7% against +17.0% for the S&P 500, dividends included.

EPAM vs S&P 500, last 12 monthsTotal return, rebased to 100
406080100120140Oct 25Jan 26Apr 26Jul 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
15.9×

Cheaper than 43% of US stocks

Price / sales
1.1×

Cheaper than 66% of US stocks

Price / book
1.7×

Cheaper than 49% of US stocks

EV / EBITDA
7.2×

Cheaper than 46% 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
—

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 $6.0B and an enterprise value of $5.4B.

  • 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: 15.9×; forward P/E: 8.3× — the forward figure prices analyst consensus estimates, not reported 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 17 Sept 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.$6.0B
67
INGMIngram Micro Holding Corp.$6.1B
78
GGenpact Ltd.$6.1B
89
SAICScience Applications International Corp.$5.8B
91
EXLSExlService Holdings, Inc.$5.5B
83
CIFRCipher Digital, Inc.$6.9B
9
APLDApplied Digital Corp.$6.9B
21

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

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

Zacks Investment Research · 3 Sept 2026positive

Zacks Investment Research highlights EPAM as a strong value stock, recommending it as a potentially market-beating option for investors. The article points to the Zacks Style Scores as a tool for identifying such investment opportunities.

Why it matters — EPAM watchers would care because the piece frames EPAM favorably in value terms, which could influence how investors perceive the company's stock positioning.

EPAM Systems: AI Is Eating The Old Business, But 8.7x Earnings Is Too Cheap

Seeking Alpha · 2 Sept 2026positive

EPAM Systems faces near-term revenue headwinds as AI cannibalizes legacy services, yet trades at 8.7x forward non-GAAP earnings. AI-native revenue now exceeds 11% of total and is growing double-digit sequentially, while margins and adjusted EPS improve despite flat topline growth. Activist investor Engine Capital is pushing for a $750M buyback that could shrink the share count given the company's strong balance sheet.

Why it matters — For EPAM watchers, this highlights the company's AI-driven business transition and valuation alongside an activist-led buyback campaign that could reshape its capital structure.

Engine Capital Sends Letter to EPAM Systems's Board of Directors Highlighting Company's Undervaluation and Urging the Initiation of a $750 Million Accelerated Share Repurchase Program

Business Wire · 31 Aug 2026positive

Engine Capital LP, which owns approximately 1.5% of EPAM Systems' outstanding common stock, has delivered a letter to the company's Board of Directors highlighting its view that the company is undervalued and urging the initiation of a $750 million accelerated share repurchase program.

Why it matters — An activist shareholder holding a stake in EPAM is publicly pressing the board for a substantial share buyback, which could influence the company's capital allocation decisions.

Engine Capital pushes EPAM for share buybacks or sale, source says

Reuters · 31 Aug 2026negative

Activist hedge fund Engine Capital, which holds a 1.5% stake in EPAM Systems, is pushing the software firm to increase share buybacks or consider a sale, according to a source familiar with the matter. The move follows stock declines sparked by fears of AI disruption.

Why it matters — An activist investor pressuring EPAM for buybacks or a potential sale signals mounting external pressure over the company's valuation amid AI-related stock declines.

EPAM Partners with Wiz to Help Enterprises Reduce Cloud Risk and Strengthen Cyber Resilience

PRNewsWire · 25 Aug 2026positive

EPAM announced a partnership with Wiz that combines Wiz's cloud and AI security platform with EPAM's AI-native engineering and modernization capabilities. The collaboration aims to help organizations reduce cloud risk and strengthen cyber resilience across complex multi-cloud environments by moving from risk visibility to remediation.

Why it matters — For EPAM watchers, this partnership expands EPAM's cybersecurity and cloud modernization offerings alongside a leading security platform provider, positioning the company in the growing cloud security market.

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., 8 rate it a Buy, 11 a Hold and 0 a Sell. Ticker Nerd's systematic factor model ranks EPAM Systems, Inc. 67 out of 100 across roughly 4,600 US stocks as at 16 Sept 2026. None of this is personal advice — it does not consider your circumstances.

How does Ticker Nerd's model rank EPAM?

As at 16 Sept 2026, EPAM Systems, Inc. ranks 67 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 +2.5% from the last close, and Ticker Nerd's factor model ranks EPAM Systems, Inc. 67 out of 100 as at 16 Sept 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 -23.7% over the 12 months to 17 Sept 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 (Zacks Investment Research, 3 Sept 2026): "Here's Why Epam (EPAM) is a Strong Value Stock". Zacks Investment Research highlights EPAM as a strong value stock, recommending it as a potentially market-beating option for investors. The article points to the Zacks Style Scores as a tool for identifying such investment opportunities.

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