EPAM Systems (EPAM) Stock Forecast, Price Target & Predictions


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EPAM Stock Forecast


EPAM Systems stock forecast is as follows: an average price target of $328.88 (represents a 73.73% upside from EPAM’s last price of $189.30) and a rating consensus of 'Buy', based on 18 wall street analysts offering a 1-year stock forecast.

EPAM Price Target


The average price target for EPAM Systems (EPAM) is $328.88 based on 1-year price targets from 18 Wall Street analysts in the past 3 months, with a price target range of $750.00 to $204.00. This represents a potential 73.73% upside from EPAM's last price of $189.30.

EPAM Analyst Ratings


Buy

According to 18 Wall Street analysts, EPAM Systems's rating consensus is 'Buy'. The analyst rating breakdown for EPAM stock is 0 'Strong Buy' (0.00%), 9 'Buy' (50.00%), 9 'Hold' (50.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

EPAM Systems Price Target by Analyst


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Sep 24, 2024Arvind RamnaniPiper Sandler$225.00$198.6313.28%18.86%
Sep 05, 2024Dan DolevMizuho Securities$245.00$203.5420.37%29.42%
Aug 21, 2024Bryan KeaneDeutsche Bank$204.00$200.851.57%7.77%
Jul 16, 2024Surinder ThindJefferies$237.00$209.3513.21%25.20%
Jun 13, 2024Arvind RamnaniPiper Sandler$230.00$180.0527.74%21.50%
May 14, 2024Sean KennedyMizuho Securities$258.00$190.7235.28%36.29%
May 10, 2024Mayank TandonNeedham$210.00$182.0415.36%10.94%
May 10, 2024Surinder ThindJefferies$202.00$181.3711.37%6.71%
May 10, 2024Sector PerformScotiabank$245.00$181.9334.67%29.42%
May 09, 2024Moshe KatriWedbush$230.00$181.9326.42%21.50%
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The latest EPAM Systems stock forecast, released on Sep 24, 2024 by Arvind Ramnani from Piper Sandler, set a price target of $225.00, which represents a 13.28% increase from the stock price at the time of the forecast ($198.63), and a 18.86% increase from EPAM last price ($189.30).

EPAM Systems Price Target by Period


1M3M12M
# Anlaysts-314
Avg Price Target-$224.67$248.29
Last Closing Price$189.30$189.30$189.30
Upside/Downside-100.00%18.68%31.16%

In the current month, the average price target of EPAM Systems stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to EPAM Systems's last price of $189.30. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.

Analyst Ratings Upgrades/Downgrades


DateCompanyPrevious RatingNew RatingRating Change
Oct 23, 2024Piper SandlerOverweightOverweightHold
Oct 08, 2024Sandler O'NeillUnderperformUnderperformHold
Oct 08, 2024SusquehannaBuyBuyHold
Sep 24, 2024Piper SandlerOverweightOverweightHold
Sep 09, 2024JefferiesBuyBuyHold
Sep 04, 2024SusquehannaBuyBuyHold
Sep 04, 2024Sandler O'NeillUnderperformUnderperformHold
Aug 21, 2024Deutsche BankBuyHoldInitialise
Aug 08, 2024Itau BBA-Market PerformUpgrade
Jul 23, 2024BarclaysEqual-WeightEqual-WeightHold
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EPAM Systems's last stock rating was published by Piper Sandler on Oct 23, 2024. The company gave EPAM a "Overweight" rating, the same as its previous rate.

EPAM Systems Financial Forecast


EPAM Systems Revenue Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 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$1.37B$1.34B$1.31B$1.29B$1.26B$1.23B$1.20B$1.18B$1.15B$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$1.37B$1.34B$1.31B$1.29B$1.26B$1.23B$1.20B$1.18B$1.15B$1.15B$1.14B$1.16B$1.14B$1.16B$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
Low Forecast$1.37B$1.34B$1.31B$1.29B$1.26B$1.23B$1.20B$1.18B$1.15B$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
# Analysts9999555561261071159544755107599988
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 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts9999555561261071159544755107599988
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$213.27M$209.14M$204.00M$201.63M$195.65M$191.63M$186.46M$184.03M$179.19M$179.45M$177.63M$219.11M$177.27M$178.39M$180.82M$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$213.27M$209.14M$204.00M$201.63M$195.65M$191.63M$186.46M$184.03M$179.19M$179.45M$177.63M$262.93M$177.27M$179.96M$180.82M$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$213.27M$209.14M$204.00M$201.63M$195.65M$191.63M$186.46M$184.03M$179.19M$179.45M$177.63M$175.29M$177.27M$178.39M$180.82M$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 %------------0.85%0.87%0.96%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 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts9999555561261071159544755107599988
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$192.13M$183.54M$173.97M$165.31M$172.17M$166.91M$155.87M$148.23M$157.10M$156.98M$131.35M$161.00M$146.20M$148.89M$135.94M$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$192.13M$183.54M$173.97M$165.31M$172.17M$166.91M$155.87M$148.23M$157.10M$159.89M$131.36M$193.19M$146.20M$154.14M$135.94M$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$192.13M$183.54M$173.97M$165.31M$172.17M$166.91M$155.87M$148.23M$157.10M$155.24M$131.35M$128.80M$146.20M$147.14M$135.94M$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 %------------0.67%0.65%0.88%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 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts9999555561261071159544755107599988
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$248.85M$244.03M$238.03M$235.27M$228.29M$223.60M$217.57M$214.74M$209.08M$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$248.85M$244.03M$238.03M$235.27M$228.29M$223.60M$217.57M$214.74M$209.08M$209.39M$207.27M$241.64M$206.85M$209.98M$210.98M$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$248.85M$244.03M$238.03M$235.27M$228.29M$223.60M$217.57M$214.74M$209.08M$209.39M$207.27M$161.09M$206.85M$208.16M$210.98M$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 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts9999555561261071159544755107599988
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$3.30$3.16$2.99$2.84$2.96$2.87$2.68$2.55$2.70$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$3.30$3.16$2.99$2.84$2.96$2.87$2.68$2.55$2.70$2.75$2.26$2.32$2.51$2.65$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
Low Forecast$3.30$3.16$2.99$2.84$2.96$2.87$2.68$2.55$2.70$2.67$2.26$2.31$2.51$2.53$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
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


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
TWKSThoughtworks$4.46$13.63205.61%Hold
CLVTClarivate$6.45$14.33122.17%Buy
CNXCConcentrix$41.41$77.5087.15%Buy
EPAMEPAM Systems$189.30$328.8873.73%Buy
CDWCDW$191.10$232.8021.82%Buy
FISVFiserv$114.23$133.1116.53%Buy
ACNAccenture$343.90$375.079.06%Buy
ASGNASGN$91.43$99.008.28%Hold
CTSHCognizant Technology Solutions$74.90$75.881.31%Hold
IBMInternational Business Machines$206.32$206.09-0.11%Hold
INFYInfosys$20.72$20.58-0.68%Hold
ITGartner$505.06$450.00-10.90%Hold
CACICACI$553.27$491.11-11.24%Buy
LDOSLeidos$186.32$156.64-15.93%Buy
BRBroadridge Financial Solutions$209.64$176.00-16.05%Buy
EXLSExlService$42.12$32.64-22.51%Buy

EPAM Forecast FAQ


Yes, according to 18 Wall Street analysts, EPAM Systems (EPAM) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 9 'Buy' recommendations, accounting for 50.00% of EPAM's total ratings.

EPAM Systems (EPAM) average price target is $328.88 with a range of $204 to $750, implying a 73.73% from its last price of $189.3. The data is based on 18 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

According to Wall Street analysts' prediction for EPAM stock, the company can go up by 73.73% (from the last price of $189.3 to the average price target of $328.88), up by 296.20% based on the highest stock price target, and up by 7.77% based on the lowest stock price target.

EPAM's average twelve months analyst stock price target of $328.88 supports the claim that EPAM Systems can reach $300 in the near future.

EPAM Systems's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $4.86B (high $4.86B, low $4.86B), average EBITDA is $757.77M (high $757.77M, low $757.77M), average net income is $643.19M (high $643.19M, low $643.19M), average SG&A $884.2M (high $884.2M, low $884.2M), and average EPS is $11.06 (high $11.06, low $11.06). EPAM's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $5.31B (high $5.31B, low $5.31B), average EBITDA is $828.04M (high $828.04M, low $828.04M), average net income is $714.95M (high $714.95M, low $714.95M), average SG&A $966.18M (high $966.18M, low $966.18M), and average EPS is $12.3 (high $12.3, low $12.3).

Based on EPAM Systems's last annual report (Dec 2023), the company's revenue was $4.69B, beating the average analysts forecast of $4.65B by 0.89%. Apple's EBITDA was $628.38M, missing the average prediction of $709.69M by -11.46%. The company's net income was $417.08M, missing the average estimation of $558.3M by -25.29%. Apple's SG&A was $815.06M, beating the average forecast of $785.17M by 3.81%. Lastly, the company's EPS was $7.21, missing the average prediction of $9.77 by -26.18%. In terms of the last quarterly report (Dec 2023), EPAM Systems's revenue was $1.16B, beating the average analysts' forecast of $1.14B by 1.71%. The company's EBITDA was $150.56M, missing the average prediction of $177.27M by -15.07%. EPAM Systems's net income was $97.55M, missing the average estimation of $146.2M by -33.28%. The company's SG&A was $213.97M, beating the average forecast of $206.85M by 3.45%. Lastly, the company's EPS was $1.69, missing the average prediction of $2.51 by -32.78%