Needham & Company LLC Cuts EPAM Systems (NYSE:EPAM) Price Target to $175.00

EPAM Systems (NYSE:EPAM) had its price objective reduced by Needham & Company LLC from $215.00 to $175.00 in a research note issued to investors on Friday,Benzinga reports. Needham & Company LLC currently has a buy rating on the information technology services provider’s stock.

A number of other research firms have also commented on EPAM. Mizuho upped their price target on EPAM Systems from $225.00 to $228.00 and gave the company an “outperform” rating in a research report on Tuesday, November 11th. TD Cowen reaffirmed a “buy” rating on shares of EPAM Systems in a research note on Friday, January 9th. Wells Fargo & Company increased their target price on shares of EPAM Systems from $185.00 to $247.00 and gave the company an “overweight” rating in a research report on Wednesday, January 14th. Truist Financial started coverage on shares of EPAM Systems in a report on Tuesday, January 6th. They set a “hold” rating and a $220.00 price target for the company. Finally, JPMorgan Chase & Co. boosted their price target on shares of EPAM Systems from $201.00 to $215.00 and gave the stock an “overweight” rating in a research report on Friday, November 7th. Eleven equities research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the stock. According to MarketBeat.com, EPAM Systems has a consensus rating of “Moderate Buy” and an average price target of $197.81.

EPAM Systems Price Performance

EPAM stock opened at $138.83 on Friday. The company has a fifty day moving average price of $200.27 and a 200-day moving average price of $179.00. The company has a market capitalization of $7.67 billion, a P/E ratio of 20.63, a PEG ratio of 1.67 and a beta of 1.72. EPAM Systems has a 52-week low of $128.78 and a 52-week high of $223.45. The company has a debt-to-equity ratio of 0.01, a quick ratio of 3.02 and a current ratio of 2.59.

EPAM Systems (NYSE:EPAM) last issued its quarterly earnings data on Thursday, February 19th. The information technology services provider reported $3.26 earnings per share for the quarter, topping the consensus estimate of $3.16 by $0.10. The company had revenue of $1.41 billion for the quarter, compared to analysts’ expectations of $1.39 billion. EPAM Systems had a net margin of 6.92% and a return on equity of 13.57%. EPAM Systems’s revenue for the quarter was up 12.8% on a year-over-year basis. During the same quarter in the previous year, the firm posted $2.84 earnings per share. EPAM Systems has set its FY 2026 guidance at 12.600-12.900 EPS and its Q1 2026 guidance at 2.700-2.780 EPS. As a group, equities analysts expect that EPAM Systems will post 8.9 EPS for the current year.

Insider Buying and Selling

In other EPAM Systems news, SVP Boris Shnayder sold 5,000 shares of the firm’s stock in a transaction on Wednesday, December 10th. The shares were sold at an average price of $207.00, for a total value of $1,035,000.00. Following the completion of the sale, the senior vice president directly owned 15,645 shares in the company, valued at approximately $3,238,515. This trade represents a 24.22% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders own 4.30% of the company’s stock.

Hedge Funds Weigh In On EPAM Systems

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Manning & Napier Advisors LLC bought a new stake in EPAM Systems in the 3rd quarter valued at about $25,000. Sunbelt Securities Inc. grew its stake in EPAM Systems by 4,233.3% in the fourth quarter. Sunbelt Securities Inc. now owns 130 shares of the information technology services provider’s stock valued at $27,000 after acquiring an additional 127 shares during the period. CYBER HORNET ETFs LLC acquired a new stake in EPAM Systems in the second quarter valued at approximately $27,000. True Wealth Design LLC increased its holdings in shares of EPAM Systems by 1,870.0% during the third quarter. True Wealth Design LLC now owns 197 shares of the information technology services provider’s stock valued at $30,000 after acquiring an additional 187 shares in the last quarter. Finally, MUFG Securities EMEA plc acquired a new position in shares of EPAM Systems during the second quarter worth approximately $30,000. Institutional investors own 91.58% of the company’s stock.

More EPAM Systems News

Here are the key news stories impacting EPAM Systems this week:

• Positive Sentiment: EPAM beat Q4 estimates: revenue $1.408B (+12.8% YoY) and adjusted EPS $3.26, and issued FY2026 EPS guidance (12.60–12.90) and Q1 guidance (2.70–2.78) above consensus — a fundamental positive signal for growth and profitability. EPAM Q4 press release
• Positive Sentiment: Major brokers largely retained constructive ratings (Overweight/Buy) even while trimming targets, signaling continued analyst confidence in medium‑term upside. Analyst coverage summary TickerReport on Wells Fargo
• Neutral Sentiment: Some market commentators argue the post‑earnings sell‑off is overdone given the beat and raised full‑year EPS guide — suggesting this pullback could represent a buying opportunity for value‑oriented investors. Seeking Alpha analysis
• Neutral Sentiment: Zacks highlights EPAM as a top‑ranked value stock and reviews Q4 metrics vs. estimates — useful for investors focused on quantitative screens rather than headline reaction. Zacks value ranking
• Negative Sentiment: Market reaction has been negative: shares plunged after management commentary and guidance nuance raised investor concerns about margin pressure from AI‑related investments and higher variable compensation; headlines point to weakness in near‑term sentiment. Yahoo Finance deep dive Barron’s coverage
• Negative Sentiment: Several firms trimmed price targets (JPMorgan, Wells Fargo, Needham, Truist), with some downgrades in upside — these reductions amplify short‑term selling pressure despite many shops keeping buy/overweight stances. Benzinga PT updates The Fly on Truist PT cut

About EPAM Systems

EPAM Systems, Inc is a global provider of digital platform engineering and software development services. The company partners with clients across industries—such as financial services, healthcare, retail, and technology—to design, develop, and maintain complex software applications and digital experiences. EPAM’s offerings include custom software development, application management, infrastructure management, quality assurance, and testing services, enabling organizations to accelerate digital transformation and enhance operational efficiency.

In addition to its core engineering capabilities, EPAM delivers a range of specialized services, including product design and consulting, data and analytics, cloud computing, DevOps, and cybersecurity.