EPAM Systems, Inc. (EPAM)

EPAM Systems Stock Forecast

Stock Price Forecast

The 20 analysts with 12-month price forecasts for EPAM Systems stock have an average target of 271.75, with a low estimate of 195 and a high estimate of 350. The average target predicts an increase of 9.46% from the current stock price of 248.26.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$195	$271.75	$275	$350
Change	-21.45%	+9.46%	+10.77%	+40.98%

Analyst Ratings

The average analyst rating for EPAM Systems stock from 21 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	Jul '24	Aug '24	Sep '24	Oct '24	Nov '24	Dec '24
Strong Buy	7	7	7	7	6	7
Buy	4	4	4	4	6	7
Hold	8	9	9	10	9	7
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	19	20	20	21	21	21

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Ramsey El-Assal Barclays	Barclays	Hold → Buy Upgrades $250 → $290	Hold → Buy	Upgrades	$250 → $290	+16.81%	Dec 17, 2024
James Schneider Goldman Sachs	Goldman Sachs	Hold → Strong Buy Upgrades $235 → $295	Hold → Strong Buy	Upgrades	$235 → $295	+18.83%	Dec 6, 2024
Sean Kennedy Mizuho	Mizuho	Buy Maintains $245 → $282	Buy	Maintains	$245 → $282	+13.59%	Nov 13, 2024
Divya Goyal Scotiabank	Scotiabank	Hold → Buy Upgrades $245 → $275	Hold → Buy	Upgrades	$245 → $275	+10.77%	Nov 11, 2024
James Friedman Susquehanna	Susquehanna	Buy Maintains $240 → $270	Buy	Maintains	$240 → $270	+8.76%	Nov 8, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

4.78B

Increased by 1.99%

from 4.69B

Revenue Next Year

5.30B

Increased by 10.72%

from 4.78B

EPS This Year

10.98

Increased by 55.59%

from 7.06

EPS Next Year

11.52

Increased by 4.87%

from 10.98

Fiscal Year	FY 2019	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2019	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	2.29B	2.66B	3.76B	4.82B	4.69B	4.78B	5.30B	5.82B
Revenue Growth	24.47%	15.94%	41.31%	28.38%	-2.78%	1.99%	10.72%	9.78%
EPS	4.53	5.60	8.15	7.09	7.06	10.98	11.52	12.98
EPS Growth	6.84%	23.62%	45.54%	-13.01%	-0.42%	55.59%	4.87%	12.65%
Forward PE	-	-	-	-	-	22.60	21.55	19.13
No. Analysts	-	-	-	-	-	26	26	22

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

Revenue Forecast

Revenue	2024	2025	2026	2027	2028
High	4.9B	5.8B	6.5B
Avg	4.8B	5.3B	5.8B
Low	4.6B	4.9B	5.2B

Revenue Growth

Revenue Growth	2024	2025	2026	2027	2028
High	5.1%	20.9%	22.8%
Avg	2.0%	10.7%	9.8%
Low	-2.1%	1.7%	-2.6%

EPS Forecast

EPS	2024	2025	2026	2027	2028
High	11.34	12.86	15.30
Avg	10.98	11.52	12.98
Low	10.52	10.38	11.13

EPS Growth

EPS Growth	2024	2025	2026	2027	2028
High	60.6%	17.1%	32.8%
Avg	55.6%	4.9%	12.6%
Low	48.9%	-5.5%	-3.4%

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.