EPAM Systems, Inc. (EPAM)
| Market Cap | 10.89B |
| Revenue (ttm) | 4.65B |
| Net Income (ttm) | 431.03M |
| Shares Out | 57.97M |
| EPS (ttm) | 7.31 |
| PE Ratio | 25.69 |
| Forward PE | 17.62 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 642,195 |
| Open | 187.77 |
| Previous Close | 189.14 |
| Day's Range | 183.68 - 188.31 |
| 52-Week Range | 180.28 - 317.50 |
| Beta | 1.46 |
| Analysts | Buy |
| Price Target | 278.41 (+48.25%) |
| Earnings Date | May 9, 2024 |
About EPAM
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; infrastructure management services, such as software development, testing, performance tuning, deployment, maintenance, and support services. It also provides operation solutions comprising integrated engineering practices and smart automation services. In addition, the compan... [Read more]
Financial Performance
In 2023, EPAM Systems's revenue was $4.69 billion, a decrease of -2.78% compared to the previous year's $4.82 billion. Earnings were $417.08 million, a decrease of -0.56%.
Financial StatementsAnalyst Forecast
According to 19 analysts, the average rating for EPAM stock is "Buy." The 12-month stock price forecast is $278.41, which is an increase of 48.25% from the latest price.
News
S&P 500 Gains and Losses Today: Epam Systems Shares Plunge Amid Demand Challenges
Major U.S. equities indexes advanced as data showed that initial unemployment claims rose to their highest level since August. The latest signal of cooling in the labor market could nudge the Federal ...
EPAM Reports Results for First Quarter 2024 and Updates Full Year Outlook
First quarter revenues of $1.165 billion, down 3.8% year-over-year GAAP income from operations was 9.5% of revenues and non-GAAP income from operations was 14.9% of revenues for the first quarter Firs...
EPAM Named a Top Company in Europe by LinkedIn
2024 LinkedIn Top Companies List recognizes EPAM's effectiveness in empowering teams with the tools and resources required for successful client transformations NEWTOWN, Pa., April 23, 2024 /PRNewswir...
EPAM Achieves Platinum Partner Status with commercetools, Signaling Growing Expertise in Composable Technologies
Fueled by exceptional delivery, product contribution and extensive sales and technical enablement, EPAM's commitment to excellence drives achievement of the highest partner status with commercetools N...
EPAM Announces Date for First Quarter 2024 Earnings Release and Conference Call
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.
EPAM Wins 2024 Google Cloud Talent Development Partner of the Year Award in North America
The award for talent development recognizes those who demonstrate a commitment to training, upskilling and reskilling their team's cloud skills NEWTOWN, Pa. , April 10, 2024 /PRNewswire/ -- EPAM Syste...
EPAM Named a Top IT Sourcing Vendor in the Nordics
Achieving top scores in transformative innovation and account management quality, EPAM leads the Nordic IT market in customer satisfaction NEWTOWN, Pa. and STOCKHOLM , April 3, 2024 /PRNewswire/ -- ...
EPAM Expands its Reach in Latin America with Acquisition of Vates
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...
EPAM Recognized as a Top IT Sourcing Vendor in the Netherlands
Rated as an exceptional performer in service delivery quality, application services, account management quality and general satisfaction by Whitelane Research, EPAM has established itself as a top IT ...
EPAM Launches OSPulse™ to Help Companies Measure and Improve Open Source Engagement
Organizations can easily quantify the value of open source and identify areas to fully tap into their open source potential with EPAM's OSPulse™ Enterprise-Level Analytics Open Source Dashboard NEWTOW...
EPAM Continuum's 2024 Consumer Banking Report Highlights AI Success with a 96% Satisfaction Rate
Report underscores increasing consumer expectations for enhanced digital capabilities, with the emergence of fintech disruptors offering more personalized and convenient digital experiences NEWTOWN, P...
AI adoption bets drive EPAM revenue forecast above estimates
EPAM Systems forecast first-quarter revenue above analysts' expectations and beat quarterly results estimates on Thursday, helped by strong demand for its software services as more businesses invest i...
EPAM Reports Results for Fourth Quarter and Full Year 2023
Fourth Quarter 2023 Revenues of $1.157 billion, down 6.0% year-over-year GAAP Income from Operations was 10.6% of revenues and Non-GAAP Income from Operations was 17.3% of revenues GAAP Diluted EPS of...
EPAM Recognized as a Preferred Tech Company Among Young Professionals in Colombia
Recognition follows EPAM's growth in Latin America and leadership in areas including innovation and employee experience NEWTOWN, Pa. and BOGOTÁ, Colombia , Feb. 12, 2024 /PRNewswire/ -- EPAM Systems, ...
EPAM Recognized as a Top IT Sourcing Vendor in Europe
With high customer satisfaction scores and significant leads above competitors and market averages, EPAM has differentiated itself as a top IT service provider in the European IT sourcing market NEWTO...
How to play the AI trend
Mizuho's Dan Dolev and Sean Kennedy join 'Halftime Report' to discuss how to play AI trends and more.
EPAM Launches a Composable Suite of Retail Media Accelerators with Google Cloud
EPAM's Retail Media Orchestration Toolkit provides a solution for retailers to scale their retail media business and leverage the analytical capabilities of Google Cloud NEWTOWN, Pa. , Jan. 24, 2024 /...
EPAM Named a Leader in Three IDC MarketScape Reports
Software Engineering Services, Experience Build Services and Experience Design Services NEWTOWN, Pa. , Jan. 18, 2024 /PRNewswire/ -- Customer Experience (CX) is at the core of an enterprise business c...
EPAM Announces Date for Fourth Quarter 2023 Earnings Release and Conference Call
NEWTOWN, Pa. , Jan. 11, 2024 /PRNewswire/ -- EPAM Systems, Inc. (NYSE: EPAM) will host a conference call at 8:00 a.m.
EPAM Releases AI-powered DIAL Platform for Open Source -- Helping Companies Quickly Advance Generative AI and LLM-Driven Solutions
AI DIAL Orchestration Platform for Open Source enables enterprises to accelerate experimentation and innovation across public and proprietary large language models (LLMs), AI-native Applications and C...
EPAM Named a Leader in 2023 Gartner® Magic Quadrant™ for Custom Software Development Services, Worldwide
EPAM is a Leader according to the 2023 Gartner Magic Quadrant™ for Custom Software Development Services, Worldwide NEWTOWN, Pa. , Dec. 7, 2023 /PRNewswire/ -- EPAM Systems, Inc. (NYSE: EPAM), a lead...
Whitelane Research Names EPAM a Top IT Sourcing Vendor in Germany
Achieving top scores in transformation innovation, service quality, delivery and more, EPAM leads German IT market in customer satisfaction NEWTOWN, Pa. , Dec. 5, 2023 /PRNewswire/ -- EPAM Systems, In...
EPAM Continuum Study Reveals Key Insights for Combatting the Tech Talent Shortage
Among more than 900 senior technology and people leaders surveyed, only 13% are satisfied with their current talent development and retention strategies NEWTOWN, Pa. , Nov. 9, 2023 /PRNewswire/ -- The...
EPAM Reports Results for Third Quarter 2023 and Updates Full Year Outlook
Third quarter revenues of $1.152 billion, down 6.1% year-over-year GAAP Income from Operations was 9.9% of revenues and Non-GAAP Income from Operations was 17.0% of revenues for the third quarter Thir...
EPAM Announces Date for Third Quarter 2023 Earnings Release and Conference Call
NEWTOWN, Pa. , Oct. 9, 2023 /PRNewswire/ -- EPAM Systems, Inc. (NYSE: EPAM) will host a conference call at 8:00 a.m.