EPAM Systems, Inc. provides digital platform engineering and software development services in North America, Europe, Russia, Belarus, Kazakhstan, Ukraine, Georgia, East Asia, Southeast Asia, and Australia. The company offers engineering services, including requirements analysis and platform selection, customization, cross-platform migration, implementation, and integration; infrastructure management services, such as software development, testing, and maintenance with private, public, and mobile infrastructures for application, database, network, server, storage, and systems operations management, as well as monitoring, incident notification, and resolution services; and maintenance and support services. It also provides operation solutions comprising integrated engineering practices and smart automation; and optimization solutions that include software application testing, test management, automation, and consulting services to enable customers enhance their existing software testing and quality assurance practices, as well as other testing services that identify threats and close loopholes to protect its customers' business systems from information loss. In addition, the company offers business, experience, technology, data, and technical advisory consulting services; and digital and service design solutions, which comprise strategy, design, creative, and program management services, as well as physical product development. It serves the financial services, travel and consumer, software and hi-tech, business information and media, life sciences and healthcare, and other industries. EPAM Systems, Inc. has a partnership with Curogram to help healthcare systems implement a simplified COVID-19 crisis response solution. The company was founded in 1993 and is headquartered in Newtown, Pennsylvania.
IPO Year: 2012
Exchange: NYSE
Website: epam.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 4/16/2025 | $170.00 | Overweight → Neutral | Piper Sandler |
| 12/17/2024 | $250.00 → $290.00 | Equal Weight → Overweight | Barclays |
| 12/6/2024 | $235.00 → $295.00 | Neutral → Buy | Goldman |
| 11/11/2024 | $245.00 → $275.00 | Sector Perform → Sector Outperform | Scotiabank |
| 11/8/2024 | $269.00 | Market Perform → Outperform | Itau BBA |
| 8/22/2024 | $204.00 | Hold | Deutsche Bank |
| 8/9/2024 | Underperform → Market Perform | Itau BBA | |
| 7/16/2024 | $202.00 → $237.00 | Hold → Buy | Jefferies |
| 6/24/2024 | $200.00 | Neutral | Goldman |
| 5/24/2024 | $195.00 | Neutral | Redburn Atlantic |
4 - EPAM Systems, Inc. (0001352010) (Issuer)
4 - EPAM Systems, Inc. (0001352010) (Issuer)
4 - EPAM Systems, Inc. (0001352010) (Issuer)
4 - EPAM Systems, Inc. (0001352010) (Issuer)
4 - EPAM Systems, Inc. (0001352010) (Issuer)
4 - EPAM Systems, Inc. (0001352010) (Issuer)
4 - EPAM Systems, Inc. (0001352010) (Issuer)
4 - EPAM Systems, Inc. (0001352010) (Issuer)
4 - EPAM Systems, Inc. (0001352010) (Issuer)
4 - EPAM Systems, Inc. (0001352010) (Issuer)
Piper Sandler downgraded EPAM Systems from Overweight to Neutral and set a new price target of $170.00
Barclays upgraded EPAM Systems from Equal Weight to Overweight and set a new price target of $290.00 from $250.00 previously
Goldman upgraded EPAM Systems from Neutral to Buy and set a new price target of $295.00 from $235.00 previously
Scotiabank upgraded EPAM Systems from Sector Perform to Sector Outperform and set a new price target of $275.00 from $245.00 previously
Itau BBA upgraded EPAM Systems from Market Perform to Outperform and set a new price target of $269.00
Deutsche Bank initiated coverage of EPAM Systems with a rating of Hold and set a new price target of $204.00
Itau BBA upgraded EPAM Systems from Underperform to Market Perform
Jefferies upgraded EPAM Systems from Hold to Buy and set a new price target of $237.00 from $202.00 previously
Goldman initiated coverage of EPAM Systems with a rating of Neutral and set a new price target of $200.00
Redburn Atlantic initiated coverage of EPAM Systems with a rating of Neutral and set a new price target of $195.00
NEWTOWN, Pa., June 24, 2025 /PRNewswire/ -- EPAM Systems, Inc. (NYSE:EPAM), a leading digital transformation services and product engineering company, today announced the release of DIAL 3.0, the next iteration of its open-source GenAI platform. More than just a platform release, DIAL 3.0 embodies EPAM's broader vision for enabling enterprise AI adoption through a modular, open-source approach - one that balances innovation velocity with long-term control, interoperability and responsible governance. As enterprises navigate an increasingly complex AI ecosystem marked by rapid
Named winner of the 2025 Cyber OSPAs in London LONDON, May 19, 2025 /PRNewswire/ -- White Hat (an EPAM company), a premier cybersecurity company acquired in 2021 by the US digital transformation leader EPAM (NYSE:EPAM), won the 2025 Outstanding Security Performance Award (OSPA) in the category of Outstanding Cybersecurity Consultant. The recognition was announced during the official Cyber OSPAs Award Ceremony in London. White Hat CTO Idan Keren received the award on behalf of the company. White Hat was shortlisted in March as one of six global finalists for the award, which celebrates excellence in cybersecurity consulting. The award recognizes individuals, teams, or companies who demonstra
Principal Founder and CEO Arkadiy Dobkin to Become Executive Chairman Balazs Fejes Appointed to Become President and Chief Executive Officer Succession to be Effective on September 1, 2025 NEWTOWN, Pa., May 8, 2025 /PRNewswire/ -- EPAM Systems, Inc. (NYSE:EPAM) ("EPAM" or the "Company"), a leading digital transformation services and product engineering company, today announced that Arkadiy Dobkin, the Company's Principal Founder, Chairman, Chief Executive Officer and President, will transition to the role of Executive Chairman, on September 1, 2025. As part of the planned succession, Balazs Fejes, EPAM's President of Global Business & Chief Revenue Officer, will become Chief Executive Office
First quarter revenues of $1.302 billion, up 11.7% year-over-yearGAAP income from operations was 7.6% of revenues and non-GAAP income from operations was 13.5% of revenues for the first quarterFirst quarter GAAP diluted EPS of $1.28, a decrease of $0.69, and non-GAAP diluted EPS of $2.41, a decrease of $0.05 on a year-over-year basisBased on the strength of organic constant currency revenue growth in the first half of 2025 and updates to our foreign exchange rate assumptions, EPAM raises its expected year-over-year revenue growth rate to now be in the range of 11.5% to 14.5% for 2025NEWTOWN, Pa., May 8, 2025 /PRNewswire/ -- EPAM Systems, Inc. (NYSE:EPAM), a leading digital transformation ser
Continued partnership will enable global enterprises to harness the transformative potential of AI from AWS NEWTOWN, Pa., April 30, 2025 /PRNewswire/ -- EPAM Systems, Inc. (NYSE:EPAM), a leading digital transformation services and product engineering company, today announced it expanded its strategic collaboration agreement (SCA) with Amazon Web Services (AWS) with a focus on developing generative artificial intelligence (GenAI) solutions to help enterprises more easily migrate workloads to AWS and modernize their applications. The expanded collaboration, first established in
Award recognizes EPAM for developing an AI-powered solution for geospatial data visualization and insights NEWTOWN, Pa., April 9, 2025 /PRNewswire/ -- EPAM Systems, Inc. (NYSE:EPAM), a leading digital transformation services and product engineering company, today announced it has won the 2025 Google Cloud Industry Solutions Partner of the Year Award for Oil and Gas. The Company was recognized among a diverse group of organizations for its innovation, exceptional customer service and commitment to creating value and impact for clients. Learn more about EPAM's partnership with G
NEWTOWN, Pa., April 7, 2025 /PRNewswire/ -- EPAM Systems, Inc. (NYSE:EPAM), a leading digital transformation services and product engineering company, will host a conference call at 8:00 a.m. ET, on Thursday, May 8, 2025, to discuss its first quarter 2025 financial results. A news release containing these results will be issued before the call. The conference call will be live on the EPAM website at https://investors.epam.com. Please visit the website at least 15 minutes before the call to register for the event. For those who cannot attend the live webcast, a replay will be
Fourth Quarter 2024 Revenues of $1.248 billion, up 7.9% year-over-yearGAAP Income from Operations was 10.9% of revenues and Non-GAAP Income from Operations was 16.7% of revenuesGAAP Diluted EPS of $1.80, an increase of 8.4%, and Non-GAAP Diluted EPS of $2.84, an increase of 3.3% on a year-over-year basisFull Year 2024 Revenues of $4.728 billion, up 0.8% year-over-yearGAAP Income from Operations was 11.5% of revenues and Non-GAAP Income from Operations was 16.5% of revenuesGAAP Diluted EPS of $7.84, an increase of 11.0%, and Non-GAAP Diluted EPS of $10.86, an increase of 2.5% on a year-over-year basisNEWTOWN, Pa., Feb. 20, 2025 /PRNewswire/ -- EPAM Systems, Inc. (NYSE:EPAM), a leading digital
As an 'Exceptional Performer' across multiple categories, EPAM sets itself apart as a leading provider in the European IT sourcing market NEWTOWN, Pa., Feb. 5, 2025 /PRNewswire/ -- EPAM Systems, Inc. (NYSE:EPAM), a leading digital transformation services and product engineering company, today announced it has been named the Top IT Vendor in Europe, earning 'exceptional performer' status across multiple categories by Whitelane Research, an independent organization focused on IT sourcing research across Europe. "We are pleased to be recognized as a leading IT vendor in Europe fo
Collaboration will define and drive global energy efficiency through advanced digital solutions NEWTOWN, Pa., Feb. 1, 2025 /PRNewswire/ -- EPAM Systems, Inc. (NYSE:EPAM), a leading digital transformation services and product engineering company, today announced an expanded engagement with Baker Hughes to revolutionize the energy sector. This engagement names EPAM as Baker Hughes' systems integration collaborator for digital and AI implementations, marking a significant milestone in the sector's digital transformation. Combining EPAM's best-in-class digital engineering and prod
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Improving life sciences research, clinical studies and post-market surveillance powered by data and AI NEWTOWN, Pa., June 13, 2024 /PRNewswire/ -- EPAM Systems, Inc. (NYSE:EPAM), a leading digital transformation services and product engineering company, today announced its acquisition of Odysseus Data Services, Inc., a top health data analytics company. Odysseus will expand EPAM's ability to transform the life sciences value chain through advanced data analytics, data methods and artificial intelligence (AI). "We are pleased to have Odysseus join EPAM. With their strong capabi
Enhancing EPAM's ability to deliver advanced cloud, engineering, testing and digital services to global clients NEWTOWN, Pa. and CORDOBA, Argentina, March 26, 2024 /PRNewswire/ -- Staying competitive as technology evolves can be challenging. However, finding the right technology solution partner with next-gen delivery capabilities can significantly ease digital transformation initiatives. EPAM Systems, Inc. (NYSE:EPAM), a leading digital transformation services and product engineering company, today announced its acquisition of Vates S.A., a multi-award-winning software development company with offices in Argentina and Chile. Vates will enhance EPAM's software development portfolio and dive
GAINESVILLE, Va., Nov. 12, 2021 /PRNewswire/ -- Forever Oceans announces the appointment of Ilya Cantor as the sustainable seafood company's Chief Financial Officer (CFO). Cantor brings over two decades of experience at established multinational public and private companies and expertise in initial public offerings, capital raising, mergers and acquisitions, and technology enabled solutions and services to his new role at Forever Oceans. "Forever Oceans' unique system for efficiently raising sustainable seafood through advanced technologies is poised for significant growth,"
World Fuel Services Corporation (NYSE:INT) today announced the appointment of Jill B. Smart to the Board of Directors of the company. "We are delighted to have Jill join our Board of Directors," said Michael J. Kasbar, chairman and chief executive officer. "She is an accomplished human resources executive who brings a wealth of expertise in human capital management and executing organizational transformation. Jill's skill set will be a strategic asset to our company and help us accelerate our long-term growth objectives." Ms. Smart spent more than 33 years at Accenture plc, a global professional services company, before retiring in 2014 after having served as Accenture's Chief Human Resou
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First quarter revenues of $1.302 billion, up 11.7% year-over-yearGAAP income from operations was 7.6% of revenues and non-GAAP income from operations was 13.5% of revenues for the first quarterFirst quarter GAAP diluted EPS of $1.28, a decrease of $0.69, and non-GAAP diluted EPS of $2.41, a decrease of $0.05 on a year-over-year basisBased on the strength of organic constant currency revenue growth in the first half of 2025 and updates to our foreign exchange rate assumptions, EPAM raises its expected year-over-year revenue growth rate to now be in the range of 11.5% to 14.5% for 2025NEWTOWN, Pa., May 8, 2025 /PRNewswire/ -- EPAM Systems, Inc. (NYSE:EPAM), a leading digital transformation ser
NEWTOWN, Pa., April 7, 2025 /PRNewswire/ -- EPAM Systems, Inc. (NYSE:EPAM), a leading digital transformation services and product engineering company, will host a conference call at 8:00 a.m. ET, on Thursday, May 8, 2025, to discuss its first quarter 2025 financial results. A news release containing these results will be issued before the call. The conference call will be live on the EPAM website at https://investors.epam.com. Please visit the website at least 15 minutes before the call to register for the event. For those who cannot attend the live webcast, a replay will be
Fourth Quarter 2024 Revenues of $1.248 billion, up 7.9% year-over-yearGAAP Income from Operations was 10.9% of revenues and Non-GAAP Income from Operations was 16.7% of revenuesGAAP Diluted EPS of $1.80, an increase of 8.4%, and Non-GAAP Diluted EPS of $2.84, an increase of 3.3% on a year-over-year basisFull Year 2024 Revenues of $4.728 billion, up 0.8% year-over-yearGAAP Income from Operations was 11.5% of revenues and Non-GAAP Income from Operations was 16.5% of revenuesGAAP Diluted EPS of $7.84, an increase of 11.0%, and Non-GAAP Diluted EPS of $10.86, an increase of 2.5% on a year-over-year basisNEWTOWN, Pa., Feb. 20, 2025 /PRNewswire/ -- EPAM Systems, Inc. (NYSE:EPAM), a leading digital
NEWTOWN, Pa., Jan. 21, 2025 /PRNewswire/ -- EPAM Systems, Inc. (NYSE:EPAM), a leading digital transformation services and product engineering company, will host a conference call at 8:00 a.m. ET, on Thursday, February 20, 2025, to discuss its fourth quarter 2024 financial results. A news release containing these results will be issued before the call. The conference call will be live on the EPAM website at https://investors.epam.com. Please visit the website at least 15 minutes before the call to register for the event. For those who cannot attend the live webcast, a replay
Third quarter revenues of $1.168 billion, up 1.3% year-over-yearGAAP income from operations was 15.2% of revenues and non-GAAP income from operations was 19.1% of revenues for the third quarter Third quarter GAAP diluted EPS of $2.37, an increase of $0.72, and non-GAAP diluted EPS of $3.12, an increase of $0.39 on a year-over-year basisFor the full year, EPAM increases expected range for revenues to now be $4.685 billion to $4.695 billion, increases expected GAAP diluted EPS to now be in the range of $7.78 to $7.86 and non-GAAP diluted EPS to now be in the range of $10.73 to $10.81For the fourth quarter, EPAM expects revenues to be in the range of $1.205 billion to $1.215 billion, GAAP dilut
NEWTOWN, Pa., Oct. 8, 2024 /PRNewswire/ -- EPAM Systems, Inc. (NYSE:EPAM), a leading digital transformation services and product engineering company, will host a conference call at 8:00 a.m. ET, on Thursday, November 7, 2024, to discuss its third quarter 2024 financial results. A news release containing these results will be issued before the call. The conference call will be live on the EPAM website at https://investors.epam.com. Please visit the website at least 15 minutes before the call to register for the event. For those who cannot attend the live webcast, a replay wil
Second quarter revenues of $1.147 billion, down 2.0% year-over-yearGAAP income from operations was 10.5% of revenues and non-GAAP income from operations was 15.2% of revenues for the second quarter Second quarter GAAP diluted EPS of $1.70, a decrease of $0.33, and non-GAAP diluted EPS of $2.45, a decrease of $0.19 on a year-over-year basisFor the full year, EPAM narrows expected range for revenues to $4.590 billion to $4.625 billion, updates expected GAAP diluted EPS to now be in the range of $7.18 to $7.38 and non-GAAP diluted EPS to now be in the range of $10.20 to $10.40For the third quarter, EPAM expects revenues to be in the range of $1.145 billion to $1.155 billion, GAAP diluted EPS to
NEWTOWN, Pa., July 9, 2024 /PRNewswire/ -- EPAM Systems, Inc. (NYSE:EPAM), a leading digital transformation services and product engineering company, will host a conference call at 8:00 a.m. ET, on Thursday, August 8, 2024, to discuss its second quarter 2024 financial results. A news release containing these results will be issued before the call. The conference call will be live on the EPAM website at https://investors.epam.com. Please visit the website at least 15 minutes before the call to register for the event. For those who cannot attend the live webcast, a replay will
First quarter revenues of $1.165 billion, down 3.8% year-over-yearGAAP income from operations was 9.5% of revenues and non-GAAP income from operations was 14.9% of revenues for the first quarter First quarter GAAP diluted EPS of $1.97, an increase of $0.24, and non-GAAP diluted EPS of $2.46, a decrease of $0.01 on a year-over-year basisFor the full year, EPAM updates expected revenues to now be in the range of $4.575 billion to $4.675 billion, updates expected GAAP diluted EPS to now be in the range of $7.34 to $7.64 and narrows expected range for non-GAAP diluted EPS to $10.00 to $10.30For the second quarter, EPAM expects revenues to be in the range of $1.135 billion to $1.145 billion, GAAP
NEWTOWN, Pa., April 10, 2024 /PRNewswire/ -- EPAM Systems, Inc., (NYSE:EPAM), a leading digital transformation services and product engineering company, will host a conference call at 8:00 a.m. ET, on Thursday, May 9, 2024, to discuss its first quarter 2024 financial results. A news release containing these results will be issued before the call. The conference call will be live on the EPAM website at https://investors.epam.com. Please visit the website at least 15 minutes before the call to register for the event. For those who cannot attend the live webcast, a replay will