EPAM Systems, Inc. (EPAM)
NYSE: EPAM · IEX Real-Time Price · USD
183.28
-2.30 (-1.24%)
Jul 2, 2024, 4:00 PM EDT - Market closed
EPAM Systems Stock Forecast
Stock Price Forecast
The 18 analysts with 12-month price forecasts for EPAM Systems stock have an average target of 271.28, with a low estimate of 195 and a high estimate of 360. The average target predicts an increase of 48.01% from the current stock price of 183.28.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for EPAM Systems stock from 19 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 4 | 5 | 6 | 6 | 6 |
| Buy | 4 | 6 | 6 | 6 | 4 | 4 |
| Hold | 7 | 6 | 6 | 6 | 9 | 9 |
| Sell | 2 | 2 | 2 | 1 | 1 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 16 | 18 | 19 | 19 | 20 | 19 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Goldman Sachs | Goldman Sachs | Hold Initiates $200 | Hold | Initiates | $200 | +9.12% | Jun 24, 2024 |
| Piper Sandler | Piper Sandler | Buy Maintains $252 → $230 | Buy | Maintains | $252 → $230 | +25.49% | Jun 13, 2024 |
| Redburn Atlantic | Redburn Atlantic | Hold Initiates $195 | Hold | Initiates | $195 | +6.39% | May 24, 2024 |
| Wolfe Research | Wolfe Research | Buy → Hold Downgrades n/a | Buy → Hold | Downgrades | n/a | n/a | May 17, 2024 |
| Mizuho | Mizuho | Strong Buy Maintains $345 → $258 | Strong Buy | Maintains | $345 → $258 | +40.77% | May 14, 2024 |
Financial Forecast
Revenue This Year
4.71B
from 4.69B
Increased by 0.41%
Revenue Next Year
5.07B
from 4.71B
Increased by 7.60%
EPS This Year
10.30
from 7.06
Increased by 45.84%
EPS Next Year
11.19
from 10.30
Increased by 8.72%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 4.9B | 5.5B | 6.7B | 6.3B | 6.7B |
| Avg | 4.7B | 5.1B | 5.8B | 6.0B | 6.5B |
| Low | 4.5B | 4.6B | 5.0B | 5.6B | 6.2B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 4.2% | 16.4% | 32.6% | 9.1% | 11.8% |
| Avg | 0.4% | 7.6% | 13.7% | 3.5% | 8.6% |
| Low | -4.4% | -1.4% | -1.1% | -2.9% | 4.3% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 10.71 | 12.08 | 15.39 | 14.53 | 16.28 |
| Avg | 10.30 | 11.19 | 12.71 | 13.08 | 15.81 |
| Low | 9.80 | 9.10 | 10.15 | 11.56 | 15.19 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 51.7% | 17.3% | 37.5% | 14.3% | 24.5% |
| Avg | 45.8% | 8.7% | 13.6% | 2.9% | 20.9% |
| Low | 38.8% | -11.6% | -9.3% | -9.0% | 16.2% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.