EPAM Systems Stock Forecast

Stock Price Forecast

The 14 analysts that cover EPAM Systems stock have a consensus rating of "Buy" and an average price target of $199.07, which forecasts a 44.85% increase in the stock price over the next year. The lowest target is $146 and the highest is $243.

Price Target: $199.07 (+44.85%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$146	$199.07	$200	$243
Change	+6.24%	+44.85%	+45.53%	+76.82%

Analyst Ratings

The average analyst rating for EPAM Systems stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Oct '25	Nov '25	Dec '25	Jan '26	Feb '26	Mar '26
Strong Buy	5	5	5	4	5	5
Buy	6	6	6	6	6	6
Hold	4	3	3	3	3	3
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	15	14	14	13	14	14

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Sean Kennedy Mizuho	Mizuho	Buy Maintains $199 → $200	Buy	Maintains	$199 → $200	+45.53%	Mar 16, 2026
Mayank Tandon Needham	Needham	Strong Buy Reiterates $175	Strong Buy	Reiterates	$175	+27.34%	Mar 16, 2026
Bryan Keane Citigroup	Citigroup	Hold Maintains $225 → $155	Hold	Maintains	$225 → $155	+12.78%	Feb 20, 2026
Tien-Tsin Huang JP Morgan	JP Morgan	Buy Maintains $215 → $183	Buy	Maintains	$215 → $183	+33.16%	Feb 20, 2026
Jason Kupferberg Wells Fargo	Wells Fargo	Buy Maintains $247 → $195	Buy	Maintains	$247 → $195	+41.89%	Feb 20, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

5.93B

from 5.46B

8.58%

from 5.46B

Revenue Next Year

6.35B

from 5.93B

7.19%

from 5.93B

EPS This Year

13.01

from 6.72

93.62%

from 6.72

EPS Next Year

14.25

from 13.01

9.49%

from 13.01

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026	Dec 31, 2027
Revenue	3.76B	4.82B	4.69B	4.73B	5.46B	5.93B	6.35B
Revenue Growth	41.31%	28.38%	-2.78%	0.80%	15.42%	8.58%	7.19%
EPS	8.15	7.09	7.06	7.84	6.72	13.01	14.25
EPS Growth	45.54%	-13.01%	-0.42%	11.05%	-14.29%	93.62%	9.49%
Forward PE	-	-	-	-	-	10.56	9.65
No. Analysts	-	-	-	-	-	23	22

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2026	2027
High	6.2B	6.7B
Avg	5.9B	6.4B
Low	5.6B	5.9B

Revenue Growth

Revenue Growth	2026	2027
High	13.1%	13.4%
Avg	8.6%	7.2%
Low	2.9%	-0.5%

EPS Forecast

EPS	2026	2027
High	13.49	15.45
Avg	13.01	14.25
Low	12.41	12.04

EPS Growth

EPS Growth	2026	2027
High	100.8%	18.7%
Avg	93.6%	9.5%
Low	84.6%	-7.4%

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.