EPAM Systems (EPAM)

• Market cap: $13.9B
• 1 day: 4.20%
• 5 days: 7.66%
• 1 month: 0.62%
• 3 months: 26.99%
• 6 months: 18.31%
• Year to date: 7.04%
• 1 year: -17.71%
• 5 years: 6.51%
• 10 years: 428.78%
• Sector: Information Technology
• Industry: Computer Programming Services

About: EPAM Systems is a global IT services firm that offers platform engineering, software development, and consulting services. EPAM's largest market is North America, which represents approximately 60% of revenue. Offerings span assisting companies with new technologies, such as artificial intelligence, virtual reality, and robotics.

Employees: 53,150

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

50% more funds holding in top 10

Funds holding in top 10: 2 [Q2] → 3 (+1) [Q3]

35% more first-time investments, than exits

New positions opened: 84 | Existing positions closed: 62

33% more repeat investments, than reductions

Existing positions increased: 226 | Existing positions reduced: 170

3% more funds holding

Funds holding: 529 [Q2] → 544 (+15) [Q3]

0% more capital invested

Capital invested by funds: $10.2B [Q2] → $10.2B (+$23.4M) [Q3]

3.29% less ownership

Funds ownership: 93.49% [Q2] → 90.21% (-3.29%) [Q3]

28% less call options, than puts

Call options by funds: $64M | Put options by funds: $89.1M

Research analyst outlook

9 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $210 14% downside
• Avg. target: $270 10% upside
• High target: $295 20% upside

9 analyst ratings

• positive: 8 89%
• neutral: 1 11%
• negative: 0 0%

Jefferies Surinder Thind 78% 1-year accuracy 14 / 18 met price target	17% upside $288	Buy Maintained	21 Jan 2025
Barclays Ramsey El-Assal 65% 1-year accuracy 33 / 51 met price target	18% upside $290	Overweight Upgraded	17 Dec 2024
Goldman Sachs James Schneider 58% 1-year accuracy 21 / 36 met price target	20% upside $295	Buy Upgraded	6 Dec 2024
Mizuho Sean Kennedy 33% 1-year accuracy 1 / 3 met price target	15% upside $282	Outperform Maintained	13 Nov 2024
Scotiabank Divya Goyal 38% 1-year accuracy 3 / 8 met price target	12% upside $275	Sector Outperform Upgraded	11 Nov 2024