EPAM Systems, Inc. (EPAM)
NYSE: EPAM · Real-Time Price · USD
117.04
-2.84 (-2.37%)
Sep 4, 2026, 4:00 PM EDT - Market closed

EPAM Systems Stock Forecast

Stock Price Forecast

According to 19 analysts polled by S&P Global, EPAM Systems stock has a consensus rating of "Buy" and an average price target of $122.82. The average 1-year stock price forecast is 4.94% higher than the current stock price, while the lowest is $94 (-19.69%) and the highest is $200 (+70.88%).

Price Target: $122.82 (+4.94%)
Analyst Consensus: Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price$94$122.82$120$200
Change-19.69%+4.94%+2.53%+70.88%

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

Chart
RatingMar '26Apr '26May '26Jun '26Jul '26Aug '26
Strong Buy10108987
Buy233232
Hold7688810
Sell000000
Strong Sell000000
Total191919191919

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Jefferies
Jefferies
Hold
Maintains
$94
HoldMaintains$94-19.69%Sep 1, 2026
J.P. Morgan
J.P. Morgan
Hold
Downgrades
$120
HoldDowngrades$120+2.53%Aug 26, 2026
Wolfe Research
Wolfe Research
Hold
Maintains
n/a
HoldMaintainsn/an/aAug 25, 2026
Truist Financial
Truist Financial
Hold
Maintains
$110
HoldMaintains$110-6.02%Aug 11, 2026
Stifel Nicolaus
Stifel Nicolaus
Buy
Maintains
$135
BuyMaintains$135+15.35%Aug 11, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
5.66B
from 5.46B
Increased by 3.66%
Revenue Next Year
5.86B
from 5.66B
Increased by 3.55%
EPS This Year
13.15
from 11.50
Increased by 14.36%
EPS Next Year
14.06
from 13.15
Increased by 6.92%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
3.76B4.82B4.69B4.73B5.46B5.66B
Revenue Growth
41.31%28.38%-2.78%0.80%15.42%3.66%
Gross Profit
1.27B1.58B1.45B1.45B1.58B1.71B
Gross Margin
33.91%32.78%31.01%30.73%28.88%30.21%
Operating Income
545.92M707.87M561.78M604.37M582.67M894.55M
Net Income
481.65M419.42M417.08M454.53M377.68M435.79M
EPS
----11.5013.15
EPS Growth
----5.89%14.36%
Forward PE
64.0127.8229.1221.1516.628.90
Free Cash Flow
486.39M412.63M530.79M667.42M725.31M485.50M
No. Analysts
-----19
EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue202620272028
High5.7B
Avg5.7B
Low5.6B

Revenue Growth

Revenue Growth202620272028
High
4.3%
Avg
3.7%
Low
3.2%

EPS Forecast

EPS202620272028
High13.30
Avg13.15
Low13.08

EPS Growth

EPS Growth202620272028
High
15.7%
Avg
14.4%
Low
13.7%