EPAM Systems, Inc. (EPAM)
NYSE: EPAM · IEX Real-Time Price · USD
245.96
-1.26 (-0.51%)
At close: Apr 19, 2024, 4:00 PM
245.76
-0.20 (-0.08%)
After-hours: Apr 19, 2024, 7:46 PM EDT
EPAM Systems Stock Forecast
Stock Price Forecast
The 17 analysts with 12-month price forecasts for EPAM Systems stock have an average target of 317.47, with a low estimate of 219 and a high estimate of 369. The average target predicts an increase of 29.07% from the current stock price of 245.96.
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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 3 | 4 | 5 | 6 |
| Buy | 3 | 3 | 4 | 6 | 6 | 6 |
| Hold | 8 | 8 | 7 | 6 | 6 | 5 |
| Sell | 1 | 1 | 2 | 2 | 2 | 2 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 14 | 14 | 16 | 18 | 19 | 19 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Wedbush | Wedbush | Buy Reiterates $340 | Buy | Reiterates | $340 | +38.23% | Apr 10, 2024 |
| HSBC | HSBC | Strong Buy Maintains $350 → $345 | Strong Buy | Maintains | $350 → $345 | +40.27% | Apr 3, 2024 |
| Morgan Stanley | Morgan Stanley | Sell Maintains $250 → $236 | Sell | Maintains | $250 → $236 | -4.05% | Mar 22, 2024 |
| Guggenheim | Guggenheim | Strong Buy Initiates $350 | Strong Buy | Initiates | $350 | +42.30% | Mar 19, 2024 |
| Piper Sandler | Piper Sandler | Buy Reiterates $369 | Buy | Reiterates | $369 | +50.02% | Mar 4, 2024 |
Financial Forecast
Revenue This Year
4.93B
from 4.69B
Increased by 5.08%
Revenue Next Year
5.62B
from 4.93B
Increased by 14.00%
EPS This Year
10.43
from 7.06
Increased by 47.74%
EPS Next Year
12.25
from 10.43
Increased by 17.43%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 5.2B | 6.2B | 7.4B | 8.0B |
| Avg | 4.9B | 5.6B | 6.6B | 7.7B |
| Low | 4.7B | 5.1B | 5.7B | 7.4B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 10.4% | 25.9% | 32.5% | 21.3% |
| Avg | 5.1% | 14.0% | 16.8% | 17.8% |
| Low | -0.3% | 2.6% | 1.5% | 13.2% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 10.92 | 13.53 | 16.10 | 19.60 |
| Avg | 10.43 | 12.25 | 14.42 | 19.04 |
| Low | 9.82 | 10.78 | 12.15 | 18.30 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 54.7% | 29.8% | 31.4% | 35.9% |
| Avg | 47.7% | 17.4% | 17.7% | 32.0% |
| Low | 39.1% | 3.3% | -0.8% | 26.9% |
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.