EPAM|Analyst Targets
EPAM|Company Info
EPAM|Insider Trading
EPAM|Fundamentals
EPAM|Earnings Snapshot
EPS
| Qtr | Est | Actual | +/− |
|---|---|---|---|
| Q4'26 | $3.58 | - | - |
| Q3'26 | $3.47 | $3.51 | +1.1% |
| Q2'26 | $3.14 | $3.38 | +7.6% |
| Q1'26 | $3.10 | $2.86 | -7.8% |
| Q4'25 | $3.22 | $3.26 | +1.3% |
| Q3'25 | $3.03 | $3.08 | +1.7% |
Revenue
| Qtr | Est | Actual | +/− |
|---|---|---|---|
| Q4'26 | $1.5B | - | - |
| Q3'26 | $1.4B | $1.4B | -1.5% |
| Q2'26 | $1.4B | $1.4B | -1.4% |
| Q1'26 | $1.4B | $1.4B | -1.6% |
| Q4'25 | $1.4B | $1.4B | -0.7% |
| Q3'25 | - | $1.4B | - |
EPAM|Monthly Returns
Market Data
EPAM Stock Snapshot
- Market cap
- 7.09B
- P/E ratio
- 17.6
- Day range
- $155.10 – $165.70
- News sentiment
- 69/100 · Bullish
- Analyst target
- $131.24 (-16.6%)
- Consensus
- Hold · 28 analysts
EPAM is on the weaker side of its setup, with little confirmation for a reversal yet. Thinner liquidity means moves can extend past what the fundamentals alone justify.
Reverse DCF
What growth is priced into EPAM?
At today's price, EPAM Systems, Inc. needs to grow free cash flow about -4.9% a year for 3 years, slowing to a long-run rate by year 10, to justify its valuation at a 8.18% cost of capital. Over the last five years its revenue has trended at 7.5% a year, so the market is asking for 12.5 percentage points below its own delivered rate. On that basis EPAM looks priced below what its own growth record supports.
- Implied FCF growth
- -4.9%
- Growth trend
- 7.5%
- Growth gap
- -12.5 pts
- Verdict
- CHEAP
- Discount rate (WACC)
- 8.18%
- Beta
- 0.78
Behaviour On Record
What EPAM's own history says about today's numbers
- Realized volatility (21d)
- 58.7% 88th pct
- Below its peak
- -78.6%
- vs 200-day average
- +27.0%
- Up days (1y)
- 47%
EPAM Systems, Inc. is currently running 58.7% annualised volatility over the last 21 sessions. Measured against EPAM's own 13 years of daily returns rather than a market-wide average, that is the 88th percentile — elevated for this stock, against a typical reading of 31.5%.
EPAM is trading -78.6% below its running peak. Across 13 full years on file, its median worst-drawdown-in-a-year was -32.3%, and the deepest was -73.4% in 2022. The current drawdown is already deeper than this stock's typical annual low point, which puts it in the part of its range where past recoveries began, and where past declines also continued.
Price sits +27.0% from its 200-day moving average. Against every other day in its history, that gap ranks at the 87th percentile — a wider gap than this stock usually carries. Over the past year EPAM closed higher on 47% of sessions, and it is currently 1 session into a rising streak.
On November specifically: over 13 years of records, EPAM finished the month higher 11 of 13 times, with a median return of +4.1% and an average of +8.1%. Its strongest month historically has been November at +8.1% on average, its weakest February at -4.8%.
Overnight risk is measurable too: EPAM has opened more than 2% away from the prior close in 201 of 3,268 sessions (6.2% of the time), with the largest gaps running +10.0% and -12.6%.
Across the last 3 dated reports on file, EPAM moved an average of 2.0% in the session after earnings, closing higher 1 of those 3 times, with a median move of -1.0% and a largest of -3.8%.
All figures computed from 3,269 daily closes between 2013-11-06 and 2026-11-05, split-adjusted, recomputed daily. Percentiles are against EPAM's own 13-year history, not a peer group or index.
Sector Rotation
Is money rotating into or out of EPAM's sector?
EPAM Systems, Inc. sits in the Software sector, currently ranked 11th of 12 GICS sectors by relative-strength rotation score (lagging).
- Sector rank
- #11 of 12
- Sector state
- Lagging
- Sector rotation score
- 18
Analyst Consensus Estimates
What do analysts expect EPAM to earn?
Analysts expect EPAM Systems, Inc. to earn $13.16 per share in the fiscal year ending Dec 2026 and $12.16 in the fiscal year ending Dec 2028, from 4 estimates. These are analyst forecasts, not company guidance, and later years rest on fewer analysts.
Revenue marked ~ is our calculation from the EPS estimate, not analyst consensus.
Analyst Rating Changes
Are analysts turning bullish or bearish on EPAM?
Morgan Stanley most recently reiterated its rating on EPAM Systems, Inc. to Equal-Weight on Nov 4, 2026 with a price target of $140 (from $97). Over the last 90 days, coverage has run 0 upgrades against 1 downgrade, a net bearish lean.
- Latest action
- Morgan Stanley: Equal-Weight
- 90-day upgrades
- 0
- 90-day downgrades
- 1
- Net rating momentum
- -1
Earnings Release, Scored
What did EPAM Systems, Inc.'s latest earnings release say?
Most important lines
- 1
Increased share repurchase authorization by $1.5 billion, bringing the total remaining authorization to $1.8 billion, and plans to enter a $500 million accelerated share repurchase next week
New this quarter - 2
In support of this three-year capital return commitment and the Q4 ASR, the Board of Directors approved up to $1.5 billion 1 in incremental repurchase authorization.
New this quarter - 3
As a percentage of revenues, GAAP income from operations increased to 12.3% from 10.4% in the third quarter of 2025;
New this quarter
Peers & ETF holders
EPAM peers & ETF holders
Information Technology ServicesMarket cap · today
News & sentiment
What is the news saying about EPAM?
EPAM rose 43.9% over the month to Nov 6. News tone held between 4 and 75 from Oct 9 to Oct 29, then jumped to 100 on Oct 30.
- Oct 15 +6.7%
- Oct 30 +8.1%
- Nov 5 +20.6%same day: EPAM Reports Results for Third Quarter 2026
Technical analysis
How strong is EPAM's momentum right now?
On the daily chart EPAM ranks at the 11th percentile for momentum against 1,060 stocks and ETFs, a bearish reading.
Institutional ownership
Are big funds buying or selling EPAM?
57 of the 157 tracked managers added to EPAM in their latest 13F and 94 trimmed. Together they own 104.7% of the company, worth $3.8B. BlackRock and Ameriprise Financial alone hold 26.8%.
- 1BlackRock, Inc.14.71%$526.7M positionAdded 62.3% last quarter
- 2Ameriprise Financial Inc12.10%$434.0M positionAdded 44.3% last quarter
- 3Capital World Investors10.69%$382.9M positionTrimmed 29.5% last quarter
- $275.1M positionAdded 17.2% last quarter
- 5Invesco Ltd.5.34%$191.3M positionTrimmed 44.9% last quarter
- $180.6M positionTrimmed 34.3% last quarter
- 7State Street Corp4.34%$155.2M positionTrimmed 12.4% last quarter
- 8Citadel Advisors LLC3.48%$124.5M positionAdded 1.5M shares last quarter
- $150.4M positionTrimmed 15.8% last quarter
- 10Morgan Stanley2.77%$99.1M positionAdded 11.7% last quarter
Congressional trading
Is Congress trading EPAM?
3 members of Congress disclosed 7 EPAM trades between Feb 24, 2025 and Apr 14, 2026: 3 buys and 4 sells, about $129.5K in estimated value.
What stands out
Click one to highlight its trades in the chartDiscover more
How has EPAM done against its peers?
Over the six months to Nov 6, EPAM returned +46.2%. Of the 15 related stocks, 1 did better, led by ACN at +48.8%.
- 1ACNAccenture plcup 48.8%+2.6 pts
- 2EPAMThis stockup 46.2%
- 3CDWCDW Corporationup 40.1%−6.1 pts
- 4GPNGlobal Payments Inc.up 39.5%−6.7 pts
- 5CTASCintas Corporationup 32.0%−14.1 pts
- 6CTSHCognizant Technology Solutions Corporationup 25.7%−20.5 pts
- 7BRBroadridge Financial Solutions, Inc.up 25.3%−20.9 pts
- 8ITGartner, Inc.up 24.2%−21.9 pts
- 16FISFidelity National Information Services, Inc.down 38.0%−84.2 pts
