EPAM Systems (NYSE:EPAM – Get Free Report) updated its first quarter 2025 earnings guidance on Thursday. The company provided earnings per share guidance of 2.220-2.320 for the period, compared to the consensus earnings per share estimate of 2.590. The company issued revenue guidance of $1.3 billion-$1.3 billion, compared to the consensus revenue estimate of $1.3 billion. EPAM Systems also updated its FY 2025 guidance to 10.450-10.750 EPS.
Analyst Ratings Changes
A number of analysts have recently commented on the company. Jefferies Financial Group lowered their target price on EPAM Systems from $305.00 to $288.00 and set a “buy” rating on the stock in a research note on Tuesday, January 21st. Piper Sandler upped their target price on EPAM Systems from $225.00 to $258.00 and gave the stock an “overweight” rating in a research note on Thursday, November 7th. Morgan Stanley upped their target price on EPAM Systems from $230.00 to $256.00 and gave the stock an “equal weight” rating in a research note on Friday, January 31st. Mizuho upped their target price on EPAM Systems from $245.00 to $282.00 and gave the stock an “outperform” rating in a research note on Wednesday, November 13th. Finally, Scotiabank upgraded EPAM Systems from a “sector perform” rating to a “sector outperform” rating and upped their target price for the stock from $245.00 to $275.00 in a research note on Monday, November 11th. Seven research analysts have rated the stock with a hold rating and thirteen have given a buy rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $269.83.
Check Out Our Latest Stock Analysis on EPAM
EPAM Systems Price Performance
EPAM Systems (NYSE:EPAM – Get Free Report) last announced its earnings results on Thursday, February 20th. The information technology services provider reported $2.23 EPS for the quarter, missing analysts’ consensus estimates of $2.75 by ($0.52). EPAM Systems had a net margin of 9.61% and a return on equity of 14.60%. The firm had revenue of $1.25 billion for the quarter, compared to analyst estimates of $1.21 billion. As a group, analysts predict that EPAM Systems will post 8.9 EPS for the current fiscal year.
Insider Activity at EPAM Systems
In other EPAM Systems news, CFO Jason D. Peterson sold 464 shares of the firm’s stock in a transaction on Wednesday, December 11th. The stock was sold at an average price of $257.00, for a total transaction of $119,248.00. Following the completion of the sale, the chief financial officer now owns 24,372 shares of the company’s stock, valued at $6,263,604. This trade represents a 1.87 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, SVP Viktar Dvorkin sold 6,758 shares of the firm’s stock in a transaction on Wednesday, December 11th. The stock was sold at an average price of $256.53, for a total value of $1,733,629.74. Following the transaction, the senior vice president now owns 13,000 shares of the company’s stock, valued at approximately $3,334,890. This represents a 34.20 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 8,300 shares of company stock valued at $2,129,924. 4.30% of the stock is currently owned by insiders.
EPAM Systems Company Profile
EPAM Systems, Inc provides digital platform engineering and software development services worldwide. The company offers engineering services, including requirements analysis and platform selection, customization, cross-platform migration, implementation, and integration; infrastructure management services, such as software development, testing, performance tuning, deployment, maintenance, and support services.
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