EPAM Systems (NYSE:EPAM – Get Free Report) updated its first quarter 2025 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of 2.220-2.320 for the period, compared to the consensus 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.
Analysts Set New Price Targets
A number of research firms recently commented on EPAM. Jefferies Financial Group decreased their price objective on shares of EPAM Systems from $305.00 to $288.00 and set a “buy” rating for the company in a research note on Tuesday, January 21st. Citigroup raised their price objective on shares of EPAM Systems from $207.00 to $210.00 and gave the stock a “neutral” rating in a research note on Monday, October 28th. StockNews.com raised shares of EPAM Systems from a “hold” rating to a “buy” rating in a research note on Friday, November 15th. Itau BBA Securities raised shares of EPAM Systems from a “market perform” rating to an “outperform” rating and set a $269.00 price objective for the company in a research note on Friday, November 8th. Finally, Scotiabank raised shares of EPAM Systems from a “sector perform” rating to a “sector outperform” rating and raised their price objective for the stock from $245.00 to $275.00 in a research note on Monday, November 11th. Six research analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $269.83.
Get Our Latest Research Report on EPAM
EPAM Systems Stock Down 13.2 %
EPAM Systems (NYSE:EPAM – Get Free Report) last released its quarterly earnings results on Thursday, February 20th. The information technology services provider reported $2.23 earnings per share for the quarter, missing analysts’ consensus estimates of $2.75 by ($0.52). EPAM Systems had a net margin of 9.68% and a return on equity of 14.92%. Equities analysts expect that EPAM Systems will post 8.59 earnings per share for the current fiscal year.
Insider Activity
In related news, SVP Viktar Dvorkin sold 6,758 shares of the firm’s stock in a transaction on Wednesday, December 11th. The shares were 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 directly owns 13,000 shares in the company, valued at approximately $3,334,890. This trade represents a 34.20 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, CFO Jason D. Peterson sold 1,078 shares of the firm’s stock in a transaction on Monday, January 27th. The shares were sold at an average price of $257.00, for a total transaction of $277,046.00. Following the completion of the transaction, the chief financial officer now owns 23,382 shares in the company, valued at $6,009,174. The trade was a 4.41 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 8,300 shares of company stock worth $2,129,924. 4.30% of the stock is owned by corporate 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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