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EPAM Systems, Inc.

NYSE:EPAM Stock Report

Market Cap: US$9.6b

EPAM Systems (EPAM) Stock Overview

Provides digital platform engineering and software development services worldwide. More details

EPAM fundamental analysis
Snowflake Score
Valuation6/6
Future Growth1/6
Past Performance2/6
Financial Health6/6
Dividends0/6

Rewards

Trading at 46% below our estimate of its fair value

Earnings are forecast to grow 11.53% per year

Trading at good value compared to peers and industry

Analysts in good agreement that stock price will rise by 27.8%

Risk Analysis

No risks detected for EPAM from our risk checks.

EPAM Community Fair Values

Create Narrative

See what 61 others think this stock is worth. Follow their fair value or set your own to get alerts.

EPAM logo
EPAM Systems
AN
AnalystLowTarget
Consensus Narrative from 19 Analysts

NEORIS, First Derivative And GenAI Will Expand Global Opportunities

Key Takeaways Acquisitions and AI integration aim to boost revenue and client relations, despite difficulties in converting demand into higher prices. Global talent expansion and cost optimization seek margin improvement, but macro risks and cautious client spending threaten profitability.
View narrative
US$167.00
FV
1.7% overvalued intrinsic discount
7.72%
Revenue growth p.a.
0users have liked this narrative
0users have commented on this narrative
0users have followed this narrative
2 months ago author updated this narrative
EPAM logo
EPAM Systems
AN
AnalystConsensusTarget
Consensus Narrative from 19 Analysts

Investments In GenAI Initiatives Will Strengthen Service Offerings As Demand Increases

Key Takeaways Strategic acquisitions and AI initiatives are expanding EPAM’s global presence and driving new revenue streams. Investment in cost-effective regions and GenAI platforms is set to enhance margins and earnings over time.
View narrative
US$220.34
FV
22.9% undervalued intrinsic discount
10.26%
Revenue growth p.a.
0users have liked this narrative
0users have commented on this narrative
31users have followed this narrative
5 days ago author updated this narrative
EPAM logo
EPAM Systems
AN
AnalystHighTarget
Consensus Narrative from 19 Analysts

Acquisitions And GenAI Services Will Open New Global Markets

Key Takeaways Strategic acquisitions and AI service focus are driving revenue growth in new markets and GenAI projects, enhancing profitability. Expansion in India and strong sector momentum support competitive advantage and earnings growth, particularly in life sciences and AI programs.
View narrative
US$267.00
FV
36.4% undervalued intrinsic discount
14.44%
Revenue growth p.a.
0users have liked this narrative
0users have commented on this narrative
0users have followed this narrative
2 months ago author updated this narrative
View EPAM Systems Community

EPAM Systems, Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for EPAM Systems
Historical stock prices
Current Share PriceUS$169.88
52 Week HighUS$269.00
52 Week LowUS$138.15
Beta1.7
1 Month Change-0.51%
3 Month Change12.10%
1 Year Change-14.94%
3 Year Change-44.46%
5 Year Change-39.08%
Change since IPO1,113.43%

Recent News & Updates

We Think EPAM Systems (NYSE:EPAM) Can Manage Its Debt With Ease

Jul 08
We Think EPAM Systems (NYSE:EPAM) Can Manage Its Debt With Ease

Is There An Opportunity With EPAM Systems, Inc.'s (NYSE:EPAM) 41% Undervaluation?

Jun 25
Is There An Opportunity With EPAM Systems, Inc.'s (NYSE:EPAM) 41% Undervaluation?

EPAM Systems: Quiet Rebuild, Strategic Upside And A Patient Investor's Opportunity

Jun 11

Recent updates

We Think EPAM Systems (NYSE:EPAM) Can Manage Its Debt With Ease

Jul 08
We Think EPAM Systems (NYSE:EPAM) Can Manage Its Debt With Ease

Is There An Opportunity With EPAM Systems, Inc.'s (NYSE:EPAM) 41% Undervaluation?

Jun 25
Is There An Opportunity With EPAM Systems, Inc.'s (NYSE:EPAM) 41% Undervaluation?

EPAM Systems: Quiet Rebuild, Strategic Upside And A Patient Investor's Opportunity

Jun 11

Market Participants Recognise EPAM Systems, Inc.'s (NYSE:EPAM) Earnings Pushing Shares 26% Higher

May 21
Market Participants Recognise EPAM Systems, Inc.'s (NYSE:EPAM) Earnings Pushing Shares 26% Higher

EPAM Systems' (NYSE:EPAM) Conservative Accounting Might Explain Soft Earnings

May 15
EPAM Systems' (NYSE:EPAM) Conservative Accounting Might Explain Soft Earnings

Is Now The Time To Look At Buying EPAM Systems, Inc. (NYSE:EPAM)?

Apr 21
Is Now The Time To Look At Buying EPAM Systems, Inc. (NYSE:EPAM)?

EPAM Systems, Inc. (NYSE:EPAM) Shares Slammed 28% But Getting In Cheap Might Be Difficult Regardless

Apr 05
EPAM Systems, Inc. (NYSE:EPAM) Shares Slammed 28% But Getting In Cheap Might Be Difficult Regardless

EPAM Systems: Growth Return Goes Unappreciated By The Market

Mar 31

Is EPAM Systems, Inc. (NYSE:EPAM) Trading At A 35% Discount?

Mar 02
Is EPAM Systems, Inc. (NYSE:EPAM) Trading At A 35% Discount?

EPAM Systems, Inc.'s (NYSE:EPAM) Price Is Out Of Tune With Earnings

Feb 16
EPAM Systems, Inc.'s (NYSE:EPAM) Price Is Out Of Tune With Earnings

Returns At EPAM Systems (NYSE:EPAM) Appear To Be Weighed Down

Feb 03
Returns At EPAM Systems (NYSE:EPAM) Appear To Be Weighed Down

These 4 Measures Indicate That EPAM Systems (NYSE:EPAM) Is Using Debt Safely

Jan 20
These 4 Measures Indicate That EPAM Systems (NYSE:EPAM) Is Using Debt Safely

EPAM Systems Is Undervalued And Positioned Back To Growth Mode

Jan 15

Is Now An Opportune Moment To Examine EPAM Systems, Inc. (NYSE:EPAM)?

Dec 23
Is Now An Opportune Moment To Examine EPAM Systems, Inc. (NYSE:EPAM)?

Is EPAM Systems, Inc. (NYSE:EPAM) Trading At A 27% Discount?

Nov 25
Is EPAM Systems, Inc. (NYSE:EPAM) Trading At A 27% Discount?

EPAM Systems, Inc. Beat Analyst Estimates: See What The Consensus Is Forecasting For Next Year

Nov 09
EPAM Systems, Inc. Beat Analyst Estimates: See What The Consensus Is Forecasting For Next Year

EPAM Systems, Inc.'s (NYSE:EPAM) Shares May Have Run Too Fast Too Soon

Nov 08
EPAM Systems, Inc.'s (NYSE:EPAM) Shares May Have Run Too Fast Too Soon

EPAM Systems Grinds On As Prospects Decline (Downgrade)

Oct 25

Investors Met With Slowing Returns on Capital At EPAM Systems (NYSE:EPAM)

Oct 25
Investors Met With Slowing Returns on Capital At EPAM Systems (NYSE:EPAM)

EPAM Systems (NYSE:EPAM) Seems To Use Debt Quite Sensibly

Sep 24
EPAM Systems (NYSE:EPAM) Seems To Use Debt Quite Sensibly

EPAM Systems: Slowing Revenue But AI Innovations Make It One To Watch

Aug 14

EPAM Systems, Inc. Just Recorded A 7.3% EPS Beat: Here's What Analysts Are Forecasting Next

Aug 10
EPAM Systems, Inc. Just Recorded A 7.3% EPS Beat: Here's What Analysts Are Forecasting Next

Is Now An Opportune Moment To Examine EPAM Systems, Inc. (NYSE:EPAM)?

Aug 03
Is Now An Opportune Moment To Examine EPAM Systems, Inc. (NYSE:EPAM)?

EPAM Systems: AI Friend Or Foe

Jul 31

EPAM Systems, Inc. (NYSE:EPAM) Stock Rockets 28% As Investors Are Less Pessimistic Than Expected

Jul 19
EPAM Systems, Inc. (NYSE:EPAM) Stock Rockets 28% As Investors Are Less Pessimistic Than Expected

EPAM Systems: Growth Recovery Is Pushed Back With Q1 Earnings Report

May 10

EPAM Systems: Cash-Rich Service Business With AI Tailwinds

Apr 18

EPAM Systems Faces Declining Revenue And Reduced Employee Utilization

Jan 30

EPAM Q3 Results: Showing Signs Of Life

Nov 15

Shareholder Returns

EPAMUS ITUS Market
7D-5.6%-5.9%0.1%
1Y-14.9%26.3%11.4%

Return vs Industry: EPAM underperformed the US IT industry which returned 26.3% over the past year.

Return vs Market: EPAM underperformed the US Market which returned 11.4% over the past year.

Price Volatility

Is EPAM's price volatile compared to industry and market?
EPAM volatility
EPAM Average Weekly Movement5.5%
IT Industry Average Movement7.9%
Market Average Movement6.4%
10% most volatile stocks in US Market17.0%
10% least volatile stocks in US Market3.2%

Stable Share Price: EPAM has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: EPAM's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
199361,200Arkadiy Dobkinwww.epam.com

EPAM Systems, Inc. provides digital platform engineering and software development services worldwide. The company offers engineering services, including requirements analysis and platform selection, customization, cross-platform migration, implementation, and integration; cloud services for creating a roadmap to set and refine IT and business goals while identifying new and emerging cloud opportunities; data, analytics and artificial intelligence; customer experience design; and cybersecurity. It also offers operation solutions comprising integrated engineering practices and smart automation services.

EPAM Systems, Inc. Fundamentals Summary

How do EPAM Systems's earnings and revenue compare to its market cap?
EPAM fundamental statistics
Market capUS$9.62b
Earnings (TTM)US$411.77m
Revenue (TTM)US$4.86b
23.4x
P/E Ratio
2.0x
P/S Ratio

Is EPAM overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
EPAM income statement (TTM)
RevenueUS$4.86b
Cost of RevenueUS$3.39b
Gross ProfitUS$1.47b
Other ExpensesUS$1.06b
EarningsUS$411.77m

Last Reported Earnings

Mar 31, 2025

Next Earnings Date

Aug 07, 2025

Earnings per share (EPS)7.27
Gross Margin30.25%
Net Profit Margin8.47%
Debt/Equity Ratio0.7%

How did EPAM perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/07/14 11:34
End of Day Share Price 2025/07/11 00:00
Earnings2025/03/31
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

EPAM Systems, Inc. is covered by 43 analysts. 18 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Ishan MajumdarBaptista Research
Darrin PellerBarclays
Ramsey El-AssalBarclays