EPAM Systems, Inc. (EPAM)

EPAM Systems Stock Forecast

Stock Price Forecast

The 18 analysts with 12-month price forecasts for EPAM Systems stock have an average target of 270.17, with a low estimate of 195 and a high estimate of 350. The average target predicts an increase of 29.37% from the current stock price of 208.84.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$195	$270.17	$275	$350
Change	-6.63%	+29.37%	+31.68%	+67.59%

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	Sep '24	Oct '24	Nov '24	Dec '24	Jan '25	Feb '25
Strong Buy	7	7	6	7	6	5
Buy	4	4	6	7	7	7
Hold	9	10	9	7	7	7
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	20	21	21	21	20	19

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Mayank Tandon Needham	Needham	Strong Buy Reiterates $265	Strong Buy	Reiterates	$265	+26.89%	Feb 20, 2025
James Faucette Morgan Stanley	Morgan Stanley	Hold Maintains $230 → $256	Hold	Maintains	$230 → $256	+22.58%	Jan 31, 2025
Surinder Thind Jefferies	Jefferies	Strong Buy Maintains $305 → $288	Strong Buy	Maintains	$305 → $288	+37.90%	Jan 21, 2025
Ramsey El-Assal Barclays	Barclays	Hold → Buy Upgrades $250 → $290	Hold → Buy	Upgrades	$250 → $290	+38.86%	Dec 17, 2024
James Schneider Goldman Sachs	Goldman Sachs	Hold → Strong Buy Upgrades $235 → $295	Hold → Strong Buy	Upgrades	$235 → $295	+41.26%	Dec 6, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

4.79B

Increased by 2.04%

from 4.69B

Revenue Next Year

5.33B

Increased by 11.26%

from 4.79B

EPS This Year

11.02

Increased by 56.04%

from 7.06

EPS Next Year

11.56

Increased by 4.90%

from 11.02

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	4.79B	5.33B	5.83B
Revenue Growth	24.47%	15.94%	41.31%	28.38%	-2.78%	2.04%	11.26%	9.46%
EPS	4.53	5.60	8.15	7.09	7.06	11.02	11.56	12.88
EPS Growth	6.84%	23.62%	45.54%	-13.01%	-0.42%	56.04%	4.90%	11.48%
Forward PE	-	-	-	-	-	18.96	18.07	16.21
No. Analysts	-	-	-	-	-	24	25	23

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

Revenue Forecast

Revenue	2024	2025	2026	2027	2028
High	4.9B	5.7B	6.5B
Avg	4.8B	5.3B	5.8B
Low	4.6B	4.8B	5.1B

Revenue Growth

Revenue Growth	2024	2025	2026	2027	2028
High	5.4%	19.6%	22.3%
Avg	2.0%	11.3%	9.5%
Low	-2.3%	0.8%	-3.9%

EPS Forecast

EPS	2024	2025	2026	2027	2028
High	11.85	12.61	14.21
Avg	11.02	11.56	12.88
Low	10.50	10.67	11.47

EPS Growth

EPS Growth	2024	2025	2026	2027	2028
High	67.9%	14.5%	22.9%
Avg	56.0%	4.9%	11.5%
Low	48.7%	-3.1%	-0.8%

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.