
EPAM Systems (EPAM) Stock Forecast & Price Target
EPAM Systems (EPAM) Analyst Ratings
Bulls say
EPAM Systems reported a year-over-year revenue increase of 11.7%, reaching $1.30 billion, which surpassed estimates and reflects strong demand trends across multiple sectors including banking, insurance, and technology. The company demonstrated effective management of resources with total headcount growing to 61,700 and utilization rates rising to 77.5%, indicating enhanced operational efficiency. Additionally, the positive contributions from emerging verticals and successful mergers and acquisitions further solidified EPAM's robust market positioning and growth potential in the IT services sector.
Bears say
EPAM Systems is experiencing declining gross margins, currently at 28.7%, which fell short of expectations primarily due to rising compensation costs and impacts from mergers and acquisitions, overshadowing any pricing advantages. The company faces a series of significant challenges, including a sharp revenue decline from its largest customer, geopolitical tensions, and a transition in technology that may hinder growth, particularly in a potential prolonged economic downturn. Additionally, the firm is grappling with competitive pressures, issues related to customer retention, and macroeconomic factors that could adversely affect IT spending and operational efficiency moving forward.
This aggregate rating is based on analysts' research of EPAM Systems and is not a guaranteed prediction by Public.com or investment advice.
EPAM Systems (EPAM) Analyst Forecast & Price Prediction
Start investing in EPAM Systems (EPAM)
Order type
Buy in
Order amount
Est. shares
0 shares