EPAM Systems, Inc. (EPAM)

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 $224.71, which forecasts a 38.92% increase in the stock price over the next year. The lowest target is $171 and the highest is $295.

Price Target: $224.71 (+38.92%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$171	$224.71	$215	$295
Change	+5.72%	+38.92%	+32.92%	+82.38%

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	Apr '25	May '25	Jun '25	Jul '25	Aug '25	Sep '25
Strong Buy	4	5	5	5	5	5
Buy	5	5	5	5	5	5
Hold	7	6	6	4	4	4
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	16	16	16	14	14	14

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Tien-Tsin Huang JP Morgan	JP Morgan	Buy Maintains $205 → $201	Buy	Maintains	$205 → $201	+24.27%	Aug 20, 2025
Bryan Keane Deutsche Bank	Deutsche Bank	Hold Initiates $171	Hold	Initiates	$171	+5.72%	Jul 17, 2025
Ramsey El-Assal Barclays	Barclays	Buy Maintains $200 → $215	Buy	Maintains	$200 → $215	+32.92%	May 12, 2025
Mayank Tandon Needham	Needham	Strong Buy Maintains $185 → $215	Strong Buy	Maintains	$185 → $215	+32.92%	May 9, 2025
Jonathan Lee Guggenheim	Guggenheim	Strong Buy Maintains $210 → $215	Strong Buy	Maintains	$210 → $215	+32.92%	May 9, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

5.52B

Increased by 16.65%

from 4.73B

Revenue Next Year

5.91B

Increased by 7.20%

from 5.52B

EPS This Year

11.29

Increased by 44.03%

from 7.84

EPS Next Year

12.49

Increased by 10.61%

from 11.29

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	2.66B	3.76B	4.82B	4.69B	4.73B	5.52B	5.91B
Revenue Growth	15.94%	41.31%	28.38%	-2.78%	0.80%	16.65%	7.20%
EPS	5.60	8.15	7.09	7.06	7.84	11.29	12.49
EPS Growth	23.62%	45.54%	-13.01%	-0.42%	11.05%	44.03%	10.61%
Forward PE	-	-	-	-	-	14.32	12.95
No. Analysts	-	-	-	-	-	21	21

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

Revenue Forecast

Revenue	2025	2026	2027	2028	2029
High	5.7B	6.2B
Avg	5.5B	5.9B
Low	5.3B	5.5B

Revenue Growth

Revenue Growth	2025	2026	2027	2028	2029
High	20.6%	12.9%
Avg	16.6%	7.2%
Low	11.6%	-0.3%

EPS Forecast

EPS	2025	2026	2027	2028	2029
High	11.76	13.49
Avg	11.29	12.49
Low	10.59	11.49

EPS Growth

EPS Growth	2025	2026	2027	2028	2029
High	50.0%	19.5%
Avg	44.0%	10.6%
Low	35.1%	1.8%

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.