EPAM SYSTEMS INC (EPAM) Forecast, Price Target & Analyst Ratings

NYSE:EPAM • US29414B1044

Current stock price

112.91 USD
-1.24 (-1.09%)
At close:
112.5 USD
-0.41 (-0.36%)
After Hours:

Analyst forecast overview

View the latest analyst price targets, stock forecast, EPS estimates, revenue projections, revisions, full estimates, rating distribution and upgrades/downgrades for EPAM SYSTEMS INC (EPAM).

Forecast Snapshot

Consensus Price Target

Price Target
$194.86
+ 72.58% Upside
→ Price target details

Next Earnings Forecast

Earnings Estimate
Release Date
May 7, 2026
Period
Q1 / 2026
EPS Estimate
$2.81
Revenue Estimate
1.423B
→ Full earnings forecast details

ChartMill Buy Consensus

Rating
79.23%
Weighted Analyst Rating Score
→ Analyst Ratings details

Price Target Details & History

Consensus Price Target and Range

Mean target
$194.86
Upside
+ 72.58%
From current price of $112.91 to mean target of $194.86, Based on 26 analyst forecasts
Low
$141.40
Median
$197.88
High
$278.25

Price Target Revisions

1 Month
-4.98%
3 Months
-12.20%

Price Target Summary

26 Wall Street analysts provided a forecast for the next 12 months for EPAM. The average price target is 194.86 USD. This implies a price increase of 72.58% is expected in the next year compared to the current price of 112.91.
The average price target has been revised downward by 12.2% in the past 3 months.
→ Find peer stocks trading 30% below analyst price target

Analyst Ratings & History

Current Analyst Ratings

EPAM Current Analyst RatingEPAM Current Analyst Buy, Sell and Hold Ratings.Current Analyst Rating Strong Buy Buy Hold Sell Strong Sell 2 4 6 8 10

Analyst Ratings History

EPAM Historical Analyst RatingsEPAM Historical Analyst Buy, Sell and Hold Ratings and number of analysts.Historical Monthly Analyst Rating -19 -17 -15 -13 -11 -9 -7 -5 -3 -1 10 20 30

Analyst Ratings Consensus

ChartMill Buy Consensus
79.23%
EPAM was analyzed by 26 analysts. The buy percentage consensus is at 79. So analysts seem to be have mildly positive about EPAM.
In the previous month the buy percentage consensus was at a similar level.
EPAM was analyzed by 26 analysts, which should be a sufficient number of analysts to have a meaningful average consensus rating.
→ Find peer stocks with a buy consensus above 85%

Recent Upgrades & Downgrades

DateFirmActionFrom → To
2026-04-09CitigroupMaintains Neutral -> Neutral
2026-04-06TD CowenMaintains Buy -> Buy
2026-03-16MizuhoMaintains Outperform -> Outperform
2026-03-16NeedhamReiterate Buy -> Buy
2026-02-20NeedhamMaintains Buy -> Buy
2026-02-20Wells FargoMaintains Overweight -> Overweight
2026-02-20Truist SecuritiesMaintains Hold -> Hold
2026-02-20JP MorganMaintains Overweight -> Overweight
2026-02-20Goldman SachsMaintains Buy -> Buy
2026-02-20CitigroupMaintains Neutral -> Neutral
2026-01-29CitigroupMaintains Neutral -> Neutral
2026-01-14Wells FargoMaintains Overweight -> Overweight
2026-01-09TD CowenMaintains Buy -> Buy
2026-01-06Truist SecuritiesInitiate Hold
2025-11-11MizuhoMaintains Outperform -> Outperform
2025-11-07JP MorganMaintains Overweight -> Overweight
2025-10-22Wells FargoInitiate Overweight
2025-10-22CitigroupInitiate Neutral
2025-09-09Morgan StanleyMaintains Equal-Weight -> Equal-Weight
2025-08-20JP MorganMaintains Overweight -> Overweight
2025-07-17Deutsche BankReiterate Hold
2025-05-12BarclaysMaintains Overweight -> Overweight
2025-05-09GuggenheimMaintains Buy -> Buy
2025-05-09NeedhamMaintains Buy -> Buy
2025-05-09Morgan StanleyMaintains Equal-Weight -> Equal-Weight

Next Earnings Forecast Details

Next Earnings Details

Release Date
May 7, 2026
Period
Q1 / 2026
EPS Estimate
$2.81
Revenue Estimate
1.423B
Revenue Q2Q
9.32%
EPS Q2Q
16.43%
Number of Analysts
19

Next Earnings Revisions

Revenue (1 Month)
0.00%
Revenue (3 Months)
-0.07%
EPS (1 Month)
0.00%
EPS (3 Months)
0.48%

Next Earnings Summary

EPAM is expected to report earnings on 5/7/2026. The consensus EPS estimate for the next earnings is 2.81 USD and the consensus revenue estimate is 1.42B USD.
The next earnings revenue estimate has been revised downward by 0.07% in the past 3 months.
→ Find peers expecting at least 20% revenue growth next quarter

Full Analyst Estimates 2026 - 2030

Yearly Earnings Per Share (EPS), Revenue, EBIT, EBITDA and Operating Margin Analyst Estimates

2023 2024 2025 2026 2027 2028 2029 2030
Revenue
YoY % growth
EPAM revenue by date.EPAM revenue by date.
4.691B
-2.78%		4.728B
0.80%		5.457B
15.42%		5.91B
8.30%		6.334B
7.17%		6.79B
7.20%		6.681B
-1.61%		6.915B
3.50%
EBITDA
YoY % growth
EPAM ebitda by date.EPAM ebitda by date.
618.961M
-9.63%		635.906M
2.74%		664.557M
4.51%		1.007B
51.53%		1.095B
8.74%		1.15B
5.02%		1.304B
13.39%		1.369B
4.98%
EBIT
YoY % growth
EPAM ebit by date.EPAM ebit by date.
527.161M
-11.04%		546.347M
3.64%		539.746M
-1.21%		919.46M
70.35%		1.004B
9.19%		1.062B
5.78%		1.328B
25.05%		1.497B
12.73%
Operating Margin
EPAM operating margin by date.EPAM operating margin by date.
11.24%11.56%9.89%15.56%15.85%15.64%19.88%21.65%
EPS
YoY % growth
EPAM eps by date.EPAM eps by date.
10.59
-2.84%		10.87
2.64%		11.52
5.98%		13.02
13.06%		14.21
9.08%		15.45
8.78%		13.91
-9.98%		14.81
6.45%

All data in USD

Quarterly Earnings Per Share (EPS), Revenue, EBIT and EBITDA Analyst Estimates

Q1 / 26 Q2 / 26 Q3 / 26 Q4 / 26 Q1 / 27 Q2 / 27 Q3 / 27 Q4 / 27 Q1 / 28 Q2 / 28 Q3 / 28 Q4 / 28
EPS
Q2Q % growth		2.81
16.43%		3.18
14.87%		3.48
13.14%		3.56
9.07%		3.03
8.07%		3.50
10.14%		3.87
11.08%		3.94
10.68%		3.20
5.45%		3.78
7.97%		4.17
7.84%		4.23
7.57%
Revenue
Q2Q % growth		1.423B
9.32%		1.458B
7.73%		1.505B
7.93%		1.524B
8.27%		1.53B
7.52%		1.577B
8.16%		1.629B
8.24%		1.639B
7.55%		1.614B
5.49%		1.663B
5.45%		1.701B
4.42%		1.724B
5.19%
EBITDA
Q2Q % growth		217.75M
55.01%		244.73M
16.80%		262.68M
3.42%		268.84M
8.04%		237.81M
9.21%		269.18M
9.99%		295.4M
12.46%		301.51M
12.15%		241.22M
1.43%		257.37M
-4.39%		279.21M
-5.48%		262.89M
-12.81%
EBIT
Q2Q % growth		199.66M
83.11%		224.7M
53.04%		243.1M
51.97%		245.65M
98.08%		209.8M
5.08%		245.63M
9.31%		272.6M
12.13%		276.25M
12.46%		209.71M
-0.04%		268.97M
9.50%		296.41M
8.73%		305.95M
10.75%

All data in USD

Yearly Earnings Per Share (EPS) and Revenue Trends vs Historical Data

EPAM Yearly Revenue VS EstimatesEPAM Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2B 4B 6B
EPAM Yearly EPS VS EstimatesEPAM Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 5 10 15

Long Term Forward Growth Forecast Summary

Long Term EPS Growth (CAGR)

EPS Next 3 Year
10.29%
EPS Next 5 Year
5.15%

Long Term Revenue Growth (CAGR)

Revenue Next 3 Year
6.95%
Revenue Next 5 Year
4.49%

Long Term EBIT Growth (CAGR)

EBIT Next 3 Year
10.97%
EBIT Next 5 Year
10.22%
→ Find peers expecting at least 20% CAGR revenue growth over the next 3 years

EPAM SYSTEMS INC / EPAM Forecast FAQ

What is the price target for EPAM stock?

26 analysts have analysed EPAM and the average price target is 194.86 USD. This implies a price increase of 72.58% is expected in the next year compared to the current price of 112.91.

What is the next earnings date for EPAM stock?

EPAM SYSTEMS INC (EPAM) will report earnings on 2026-05-07, before the market open.

What are the consensus estimates for EPAM SYSTEMS INC (EPAM) next earnings?

The consensus EPS estimate for the next earnings of EPAM SYSTEMS INC (EPAM) is 2.81 USD and the consensus revenue estimate is 1.42B USD.

How do analysts rate EPAM SYSTEMS INC (EPAM)?

The consensus rating for EPAM SYSTEMS INC (EPAM) is 79.2308 / 100 . This indicates that analysts generally have a positive outlook on the stock.