EPAM Systems (EPAM) Stock Forecast, Price Target & Predictions
EPAM Stock Forecast
EPAM Systems stock forecast is as follows: an average price target of $331.06 (represents a 35.01% upside from EPAM’s last price of $245.22) and a rating consensus of 'Buy', based on 19 wall street analysts offering a 1-year stock forecast.
EPAM Price Target
The average price target for EPAM Systems (EPAM) is $331.06 based on 1-year price targets from 19 Wall Street analysts in the past 3 months, with a price target range of $750.00 to $204.00. This represents a potential 35.01% upside from EPAM's last price of $245.22.
EPAM Analyst Ratings
According to 19 Wall Street analysts, EPAM Systems's rating consensus is 'Buy'. The analyst rating breakdown for EPAM stock is 0 'Strong Buy' (0.00%), 10 'Buy' (52.63%), 9 'Hold' (47.37%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
EPAM Systems Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Nov 13, 2024 | Dan Dolev | Mizuho Securities | $282.00 | $193.21 | 45.96% | 15.00% |
| Sep 24, 2024 | Arvind Ramnani | Piper Sandler | $225.00 | $198.63 | 13.28% | -8.25% |
| Sep 05, 2024 | Dan Dolev | Mizuho Securities | $245.00 | $203.54 | 20.37% | -0.09% |
| Aug 21, 2024 | Bryan Keane | Deutsche Bank | $204.00 | $200.85 | 1.57% | -16.81% |
| Jul 16, 2024 | Surinder Thind | Jefferies | $237.00 | $209.35 | 13.21% | -3.35% |
| Jun 13, 2024 | Arvind Ramnani | Piper Sandler | $230.00 | $180.05 | 27.74% | -6.21% |
| May 14, 2024 | Sean Kennedy | Mizuho Securities | $258.00 | $190.72 | 35.28% | 5.21% |
| May 10, 2024 | Mayank Tandon | Needham | $210.00 | $182.04 | 15.36% | -14.36% |
| May 10, 2024 | Surinder Thind | Jefferies | $202.00 | $181.37 | 11.37% | -17.62% |
| May 10, 2024 | Sector Perform | Scotiabank | $245.00 | $181.93 | 34.67% | -0.09% |
The latest EPAM Systems stock forecast, released on Nov 13, 2024 by Dan Dolev from Mizuho Securities, set a price target of $282.00, which represents a 45.96% increase from the stock price at the time of the forecast ($193.21), and a 15.00% increase from EPAM last price ($245.22).
EPAM Systems Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 1 | 3 | 15 |
| Avg Price Target | $282.00 | $250.67 | $250.53 |
| Last Closing Price | $245.22 | $245.22 | $245.22 |
| Upside/Downside | 15.00% | 2.22% | 2.17% |
In the current month, the average price target of EPAM Systems stock is $282.00, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a 15.00% increase as opposed to EPAM Systems's last price of $245.22. This month's average price target is up 12.50% compared to last quarter, and up 12.56% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Nov 11, 2024 | Scotiabank | Underperform | Outperform | Upgrade |
| Oct 23, 2024 | Piper Sandler | Overweight | Overweight | Hold |
| Oct 08, 2024 | Susquehanna | Buy | Buy | Hold |
| Oct 08, 2024 | Sandler O'Neill | Underperform | Underperform | Hold |
| Sep 24, 2024 | Piper Sandler | Overweight | Overweight | Hold |
| Sep 09, 2024 | Jefferies | Buy | Buy | Hold |
| Sep 04, 2024 | Sandler O'Neill | Underperform | Underperform | Hold |
| Sep 04, 2024 | Susquehanna | Buy | Buy | Hold |
| Aug 21, 2024 | Deutsche Bank | Buy | Hold | Initialise |
| Aug 08, 2024 | Itau BBA | - | Market Perform | Upgrade |
EPAM Systems's last stock rating was published by Scotiabank on Nov 11, 2024. The company Upgrade its EPAM rating from "Underperform" to "Outperform".
EPAM Systems Financial Forecast
EPAM Systems Revenue Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | $1.16B | $1.15B | $1.17B | $1.21B | $1.23B | $1.23B | $1.19B | $1.17B | $1.11B | $988.54M | $881.37M | $780.77M | $723.49M | $652.24M | $632.38M | $651.36M | $632.77M | $588.10M |
| Avg Forecast | $1.47B | $1.42B | $1.37B | $1.37B | $1.33B | $1.31B | $1.27B | $1.26B | $1.21B | $1.15B | $1.14B | $1.16B | $1.14B | $1.15B | $1.16B | $1.21B | $1.23B | $1.20B | $1.14B | $1.06B | $1.08B | $964.61M | $859.85M | $764.57M | $703.49M | $641.55M | $596.69M | $647.54M | $618.11M | $579.72M |
| High Forecast | $1.53B | $1.48B | $1.43B | $1.42B | $1.39B | $1.36B | $1.33B | $1.37B | $1.26B | $1.15B | $1.14B | $1.16B | $1.18B | $1.16B | $1.21B | $1.25B | $1.28B | $1.20B | $1.14B | $1.06B | $1.08B | $964.61M | $859.85M | $764.57M | $703.49M | $641.55M | $596.69M | $647.54M | $618.11M | $579.72M |
| Low Forecast | $1.42B | $1.37B | $1.33B | $1.32B | $1.29B | $1.26B | $1.23B | $1.17B | $1.17B | $1.15B | $1.14B | $1.16B | $1.10B | $1.10B | $1.12B | $1.16B | $1.19B | $1.20B | $1.14B | $1.06B | $1.08B | $964.61M | $859.85M | $764.57M | $703.49M | $641.55M | $596.69M | $647.54M | $618.11M | $579.72M |
| # Analysts | 6 | 4 | 4 | 6 | 4 | 3 | 7 | 9 | 11 | 5 | 5 | 10 | 7 | 11 | 5 | 9 | 5 | 4 | 4 | 7 | 5 | 5 | 10 | 7 | 5 | 9 | 9 | 9 | 8 | 8 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.02% | 1.01% | 1.01% | 1.00% | 1.00% | 1.03% | 1.05% | 1.11% | 1.02% | 1.02% | 1.03% | 1.02% | 1.03% | 1.02% | 1.06% | 1.01% | 1.02% | 1.01% |
EPAM Systems's average Quarter revenue forecast for Mar 24 based on 10 analysts is $1.16B, with a low forecast of $1.16B, and a high forecast of $1.16B. EPAM's average Quarter revenue forecast represents a 0.34% increase compared to the company's last Quarter revenue of $1.16B (Dec 23).
EPAM Systems EBITDA Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 6 | 4 | 4 | 6 | 4 | 3 | 7 | 9 | 11 | 5 | 5 | 10 | 7 | 11 | 5 | 9 | 5 | 4 | 4 | 7 | 5 | 5 | 10 | 7 | 5 | 9 | 9 | 9 | 8 | 8 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | $150.56M | $154.94M | $172.81M | $147.76M | $167.32M | $195.41M | $201.95M | $176.29M | $202.96M | $177.42M | $159.44M | $148.41M | $136.75M | $136.53M | $108.32M | $128.18M | $113.42M | $105.57M |
| Avg Forecast | $241.51M | $234.20M | $225.91M | $224.40M | $219.28M | $215.57M | $209.41M | $206.58M | $199.05M | $189.35M | $187.42M | $219.11M | $187.04M | $188.23M | $190.78M | $173.21M | $181.99M | $186.36M | $38.70M | $164.42M | $169.00M | $150.29M | $133.97M | $136.92M | $109.61M | $99.96M | $92.97M | $125.43M | $96.30M | $90.32M |
| High Forecast | $251.35M | $243.74M | $235.11M | $233.54M | $228.21M | $224.35M | $217.94M | $225.06M | $207.16M | $189.44M | $187.42M | $262.93M | $194.66M | $189.88M | $198.56M | $207.85M | $218.39M | $186.36M | $46.44M | $164.42M | $169.00M | $150.29M | $133.97M | $164.31M | $109.61M | $99.96M | $92.97M | $150.51M | $96.30M | $90.32M |
| Low Forecast | $232.97M | $225.92M | $217.92M | $216.47M | $211.53M | $207.95M | $202.01M | $193.15M | $192.02M | $189.26M | $187.42M | $175.29M | $180.43M | $181.57M | $184.04M | $138.57M | $145.59M | $186.36M | $30.96M | $164.42M | $169.00M | $150.29M | $133.97M | $109.54M | $109.61M | $99.96M | $92.97M | $100.34M | $96.30M | $90.32M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.80% | 0.82% | 0.91% | 0.85% | 0.92% | 1.05% | 5.22% | 1.07% | 1.20% | 1.18% | 1.19% | 1.08% | 1.25% | 1.37% | 1.17% | 1.02% | 1.18% | 1.17% |
10 analysts predict EPAM's average Quarter EBITDA for Mar 24 to be $219.11M, with a high of $262.93M and a low of $175.29M. This is 45.53% upper than EPAM Systems's previous annual EBITDA (Dec 23) of $150.56M.
EPAM Systems Net Income Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 6 | 4 | 4 | 6 | 4 | 3 | 7 | 9 | 11 | 5 | 5 | 10 | 7 | 11 | 5 | 9 | 5 | 4 | 4 | 7 | 5 | 5 | 10 | 7 | 5 | 9 | 9 | 9 | 8 | 8 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | $97.55M | $97.20M | $120.03M | $102.29M | $155.04M | $156.05M | $18.60M | $89.72M | $142.28M | $115.66M | $114.67M | $109.05M | $85.54M | $89.43M | $66.62M | $85.56M | $74.52M | $67.00M |
| Avg Forecast | $191.15M | $192.37M | $173.84M | $165.76M | $171.44M | $171.10M | $156.05M | $148.48M | $157.92M | $155.02M | $129.72M | $161.00M | $144.38M | $147.03M | $134.25M | $127.27M | $127.58M | $146.87M | $11.47M | $102.23M | $146.07M | $129.10M | $112.62M | $100.61M | $99.72M | $85.49M | $69.82M | $83.73M | $83.91M | $77.64M |
| High Forecast | $201.27M | $202.56M | $183.05M | $174.54M | $180.51M | $180.16M | $164.32M | $160.03M | $160.22M | $155.40M | $129.72M | $193.19M | $152.03M | $152.22M | $141.36M | $152.72M | $153.09M | $146.87M | $13.76M | $102.23M | $146.07M | $129.10M | $112.62M | $120.73M | $99.72M | $85.49M | $69.82M | $100.48M | $83.91M | $77.64M |
| Low Forecast | $182.36M | $183.53M | $165.85M | $158.14M | $163.56M | $163.24M | $148.88M | $133.46M | $152.15M | $154.63M | $129.72M | $128.80M | $137.75M | $145.31M | $128.08M | $101.82M | $102.06M | $146.87M | $9.17M | $102.23M | $146.07M | $129.10M | $112.62M | $80.49M | $99.72M | $85.49M | $69.82M | $66.99M | $83.91M | $77.64M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.68% | 0.66% | 0.89% | 0.80% | 1.22% | 1.06% | 1.62% | 0.88% | 0.97% | 0.90% | 1.02% | 1.08% | 0.86% | 1.05% | 0.95% | 1.02% | 0.89% | 0.86% |
EPAM Systems's average Quarter net income forecast for Mar 24 is $161.00M, with a range of $128.80M to $193.19M. EPAM's average Quarter net income forecast represents a 65.03% increase compared to the company's last Quarter net income of $97.55M (Dec 23).
EPAM Systems SG&A Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 6 | 4 | 4 | 6 | 4 | 3 | 7 | 9 | 11 | 5 | 5 | 10 | 7 | 11 | 5 | 9 | 5 | 4 | 4 | 7 | 5 | 5 | 10 | 7 | 5 | 9 | 9 | 9 | 8 | 8 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | $213.97M | $194.83M | $194.38M | $211.89M | $204.95M | $198.02M | $232.53M | $237.28M | $190.94M | $169.50M | $151.91M | $136.39M | $145.71M | $132.46M | $129.42M | $140.05M | $137.96M | $130.01M |
| Avg Forecast | $267.08M | $258.99M | $249.83M | $248.16M | $242.50M | $238.39M | $231.58M | $228.46M | $220.13M | $209.39M | $207.27M | $201.36M | $206.85M | $208.16M | $210.98M | $159.18M | $171.21M | $217.45M | $143.30M | $191.85M | $197.20M | $175.36M | $156.32M | $125.84M | $127.89M | $116.63M | $108.48M | $137.05M | $112.37M | $105.39M |
| High Forecast | $277.96M | $269.54M | $260.00M | $258.27M | $252.37M | $248.10M | $241.01M | $248.89M | $229.10M | $209.49M | $207.27M | $241.64M | $215.27M | $209.98M | $219.58M | $191.02M | $205.45M | $217.45M | $171.96M | $191.85M | $197.20M | $175.36M | $156.32M | $151.00M | $127.89M | $116.63M | $108.48M | $164.46M | $112.37M | $105.39M |
| Low Forecast | $257.64M | $249.84M | $240.99M | $239.39M | $233.92M | $229.96M | $223.39M | $213.60M | $212.35M | $209.30M | $207.27M | $161.09M | $199.53M | $200.80M | $203.52M | $127.35M | $136.97M | $217.45M | $114.64M | $191.85M | $197.20M | $175.36M | $156.32M | $100.67M | $127.89M | $116.63M | $108.48M | $109.64M | $112.37M | $105.39M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.03% | 0.94% | 0.92% | 1.33% | 1.20% | 0.91% | 1.62% | 1.24% | 0.97% | 0.97% | 0.97% | 1.08% | 1.14% | 1.14% | 1.19% | 1.02% | 1.23% | 1.23% |
EPAM Systems's average Quarter SG&A projection for Mar 24 is $201.36M, based on 10 Wall Street analysts, with a range of $161.09M to $241.64M. The forecast indicates a -5.89% fall compared to EPAM last annual SG&A of $213.97M (Dec 23).
EPAM Systems EPS Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 6 | 4 | 4 | 6 | 4 | 3 | 7 | 9 | 11 | 5 | 5 | 10 | 7 | 11 | 5 | 9 | 5 | 4 | 4 | 7 | 5 | 5 | 10 | 7 | 5 | 9 | 9 | 9 | 8 | 8 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | $1.69 | $1.68 | $2.07 | $1.77 | $2.69 | $2.72 | $0.33 | $1.58 | $2.51 | $2.04 | $2.03 | $1.94 | $1.53 | $1.60 | $1.20 | $1.55 | $1.35 | $1.22 |
| Avg Forecast | $3.33 | $3.35 | $3.03 | $2.89 | $2.99 | $2.98 | $2.72 | $2.59 | $2.75 | $2.70 | $2.26 | $2.31 | $2.51 | $2.56 | $2.34 | $2.35 | $2.68 | $2.53 | $1.71 | $1.76 | $2.51 | $2.22 | $1.94 | $1.69 | $1.71 | $1.47 | $1.20 | $1.40 | $1.44 | $1.34 |
| High Forecast | $3.50 | $3.53 | $3.19 | $3.04 | $3.14 | $3.14 | $2.86 | $2.79 | $2.79 | $2.71 | $2.26 | $2.32 | $2.65 | $2.65 | $2.46 | $2.48 | $2.82 | $2.53 | $1.71 | $1.76 | $2.51 | $2.22 | $1.94 | $1.69 | $1.71 | $1.47 | $1.20 | $1.40 | $1.44 | $1.34 |
| Low Forecast | $3.18 | $3.20 | $2.89 | $2.75 | $2.85 | $2.84 | $2.59 | $2.32 | $2.65 | $2.69 | $2.26 | $2.31 | $2.40 | $2.53 | $2.23 | $2.25 | $2.56 | $2.53 | $1.71 | $1.76 | $2.51 | $2.22 | $1.94 | $1.69 | $1.71 | $1.47 | $1.20 | $1.40 | $1.44 | $1.34 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.67% | 0.66% | 0.89% | 0.75% | 1.00% | 1.08% | 0.19% | 0.90% | 1.00% | 0.92% | 1.05% | 1.15% | 0.89% | 1.09% | 1.00% | 1.10% | 0.94% | 0.91% |
According to 10 Wall Street analysts, EPAM Systems's projected average Quarter EPS for Mar 24 is $2.31, with a low estimate of $2.31 and a high estimate of $2.32. This represents a 36.82% increase compared to EPAM previous annual EPS of $1.69 (Dec 23).
EPAM Systems Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| TWKS | Thoughtworks | $4.47 | $13.63 | 204.92% | Hold |
| CLVT | Clarivate | $5.14 | $14.33 | 178.79% | Buy |
| CNXC | Concentrix | $39.56 | $77.50 | 95.90% | Buy |
| EPAM | EPAM Systems | $245.22 | $331.06 | 35.01% | Buy |
| CDW | CDW | $178.17 | $232.80 | 30.66% | Buy |
| ASGN | ASGN | $84.50 | $99.00 | 17.16% | Hold |
| FISV | Fiserv | $114.23 | $133.11 | 16.53% | Buy |
| ACN | Accenture | $361.05 | $375.81 | 4.09% | Buy |
| CACI | CACI | $475.48 | $492.78 | 3.64% | Buy |
| CTSH | Cognizant Technology Solutions | $78.86 | $75.88 | -3.78% | Hold |
| LDOS | Leidos | $164.69 | $156.64 | -4.89% | Buy |
| INFY | Infosys | $21.96 | $20.58 | -6.28% | Hold |
| IBM | International Business Machines | $222.40 | $206.09 | -7.33% | Hold |
| BR | Broadridge Financial Solutions | $227.47 | $200.75 | -11.75% | Hold |
| IT | Gartner | $519.24 | $450.00 | -13.33% | Hold |
| EXLS | ExlService | $45.66 | $32.64 | -28.52% | Buy |