Core Viewpoint - Wells Fargo has initiated coverage of EPAM Systems with an Overweight rating, highlighting the company's accelerating organic revenue growth and attractive valuation compared to peers [2] Summary by Category Company Performance - EPAM Systems is experiencing accelerating organic revenue growth, which is a key factor in Wells Fargo's positive outlook [2] Valuation - The stock has been assigned a target price of $185, indicating a favorable valuation relative to its competitors in the industry [2]

Core Viewpoint - EPAM (EPAM) shows potential for significant upside, with a mean price target of $206.69 indicating a 33.3% increase from the current price of $155.08 [1] Price Targets - The average of 13 short-term price targets ranges from a low of $150.00 to a high of $246.00, with a standard deviation of $27.67, suggesting variability in analyst estimates [2] - The lowest estimate indicates a potential decline of 3.3%, while the highest suggests a 58.6% upside [2] Analyst Sentiment - Analysts are optimistic about EPAM's earnings prospects, as indicated by a consensus on higher earnings estimates, which historically correlates with stock price movements [4][11] - Over the past 30 days, one earnings estimate has increased, leading to a 0.5% rise in the Zacks Consensus Estimate [12] Zacks Rank - EPAM holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimate factors, indicating strong potential for upside [13] Price Movement Guidance - While the consensus price target may not be a reliable predictor of the exact price movement, it does provide a useful indication of the expected direction [14]

Core Points - EPAM Systems has authorized a new stock buyback program worth up to $1 billion [2] - The share repurchase program will last for 24 months but may be suspended or terminated [2]

Core Viewpoint - EPAM Systems, Inc. has authorized a new stock repurchase program of up to $1 billion to enhance shareholder value and reflect confidence in future growth [1][4]. Company Overview - EPAM Systems, Inc. is a leading digital transformation services and product engineering company, recognized for its core engineering expertise and AI-native market position [3][4]. - The company has been operational since 1993, focusing on digital engineering, cloud, and AI-enabled transformation services [4][7]. Stock Repurchase Program - The stock repurchase program will allow EPAM to buy back shares through various means, including open market purchases and privately negotiated transactions, over a term of 24 months [2]. - The total amount and timing of repurchases will depend on market conditions and other corporate considerations [2]. Financial Performance - The company has shown three consecutive quarters of improving year-over-year organic constant currency revenue growth, indicating strong underlying business strength [4]. - EPAM maintains efficient free cash flow generation and a strong balance sheet, enabling it to return cash to shareholders while investing in business growth [4]. Strategic Focus - EPAM is executing a disciplined, multi-year strategy that includes client-centric investments and innovative go-to-market solutions [3]. - The company leverages AI and GenAI technologies to enhance digital innovation and competitive advantage for its clients [5][6]. Industry Recognition - EPAM was added to the S&P 500 and Forbes Global 2000 in 2021 and has received accolades as a "Most Loved Workplace" by Glassdoor and Newsweek [7]. - The company is recognized as a leader in various IDC MarketScapes for its services in experience build, design, and software engineering [7].

Core Viewpoint - Epam (EPAM) has consistently beaten earnings estimates and is well-positioned for future earnings reports, particularly with a recent average surprise of 6.15% over the last two quarters [1][2]. Earnings Performance - For the last reported quarter, Epam achieved earnings of $2.77 per share, surpassing the Zacks Consensus Estimate of $2.61 per share, resulting in a surprise of 6.13% [2]. - In the previous quarter, the company was expected to report earnings of $2.27 per share but delivered $2.41 per share, yielding a surprise of 6.17% [2]. Earnings Estimates and Predictions - There has been a favorable change in earnings estimates for Epam, with a positive Zacks Earnings ESP (Expected Surprise Prediction), indicating a strong likelihood of an earnings beat [5]. - Stocks with a positive Earnings ESP and a Zacks Rank of 3 (Hold) or better have a nearly 70% chance of producing a positive surprise [6]. Analyst Sentiment - Epam currently has an Earnings ESP of +0.52%, suggesting that analysts have recently become more optimistic about the company's earnings prospects [8]. - The combination of a positive Earnings ESP and a Zacks Rank 3 indicates a potential for another earnings beat in the upcoming report [8]. Upcoming Earnings Report - The next earnings report for Epam is expected to be released on November 6, 2025 [8].

Core Insights - EPAM Systems has expanded its collaboration with Oracle to enhance multi-cloud transformation for enterprises, focusing on scalability, efficiency, and cost-effectiveness [1][2] - The partnership aims to integrate Oracle Cloud Infrastructure (OCI) and AI services into various industries, including healthcare, financial services, and insurance [1][2] Company Overview - EPAM Systems, established in 1993, is a leading global provider of digital engineering, cloud, and AI-enabled transformation services [5] - The company has over 1,100 global Oracle certifications, showcasing its expertise in implementing and managing OCI [2][5] Strategic Focus - The collaboration leverages EPAM's engineering strengths and over 30 years of expertise in Oracle products to deliver AI and cloud-native solutions [3][5] - EPAM aims to help organizations quickly realize value from OCI solutions within multi-cloud strategies [3] Industry Impact - The partnership is designed to assist enterprises in adopting effective AI solutions that address real-world challenges and enhance business growth [3][6] - EPAM integrates advanced AI technologies into tailored business strategies, driving significant industry impact and fostering continuous innovation [6][7]

Core Insights - EPAM Systems, Inc. will host a conference call on November 6, 2025, at 8:00 a.m. ET to discuss its Q3 2025 financial results, with a news release to be issued prior to the call [1] - The company has established itself as a leading global provider of digital engineering, cloud, and AI-enabled transformation services since its inception in 1993 [2] - EPAM leverages AI and GenAI to enhance clients' digital innovation and competitive edge through platforms like EPAM AI/RUN™ and initiatives such as DIALX Lab [3] - The company emphasizes local engagement with expert teams to deliver tailored solutions that improve lives and provide competitive advantages across various industries [4] - EPAM was added to the S&P 500 and Forbes Global 2000 in 2021 and recognized as a top company in Information Technology Services by Fortune 1000 and IDC MarketScapes [5]

Core Insights - EPAM Systems, Inc. has announced a strategic collaboration with BOSS to create an immersive spatial experience for motorsport fans, utilizing Apple Vision Pro technology [1][3] - This initiative aims to redefine the fan experience by integrating elements of premium fashion, luxury retail, sport, and technology [1][3][4] Company Collaboration - The experience is designed by EPAM's Empathy Lab, focusing on bringing fans closer to the racing action through interactive elements like precision visual targeting and 3D spatial puzzles [2][4] - The collaboration emphasizes the transformation of traditional fan engagement into an immersive storytelling experience [3][4] Launch Details - The immersive experience will debut on October 2, 2025, ahead of the Formula 1 Singapore Airlines Singapore Grand Prix, in select BOSS locations across seven cities: London, Paris, Düsseldorf, Barcelona, Las Vegas, Dubai, and Singapore [3][4] Market Positioning - The initiative is positioned as a groundbreaking approach to fan engagement in the age of spatial computing, aiming to make the exclusive world of motorsports accessible to a global audience [3][4] - BOSS and EPAM are leveraging this innovation to enhance brand connection with audiences, celebrating their heritage in sports partnerships [4]

Company Overview - EPAM Systems, Inc. (NYSE:EPAM) is recognized as one of the oversold growth stocks to buy according to analysts [1] - The company specializes in digital engineering and transformation services, leveraging AI, cloud, and advanced technologies to enhance customer experiences and drive growth [3] Recent Developments - On September 12, EPAM announced the rebranding of The Reference, Belgium's first digital agency, to Empathy Lab [1] - The merger of The Reference with the former Emakina Belgium team aims to establish Empathy Lab as a leader in AI-driven, human-centered digital experiences across Europe [2] Strategic Focus - Empathy Lab will focus on delivering AI-powered marketing, commerce, and customer engagement solutions that are designed to generate real business growth [2] - The new entity will combine expertise from data scientists, AI experts, strategists, and creatives to enhance its service offerings [2]

Company Overview - EPAM Systems, Inc. is based in Newtown, Pennsylvania, and specializes in digital platform engineering and software development services, with a market cap of $8.7 billion [1] - The company serves a diverse range of industries, including financial services, healthcare, retail, travel, and technology [1] Market Position - EPAM is classified as a mid-cap stock, with its market cap exceeding $2 billion, highlighting its size and influence in the information technology services industry [2] - The company is known for its ability to combine consulting, design, and engineering to provide end-to-end digital transformation solutions, recognized for agility, innovation, and top-tier engineering talent [2] Stock Performance - EPAM shares have decreased 42.7% from their 52-week high of $269, reached on February 18, and have declined 8.3% over the past three months, underperforming the Fidelity MSCI Information Technology Index ETF's (FTEC) 17.6% return [3] - Over the past 52 weeks, EPAM has fallen 22.5%, significantly lagging behind FTEC's 29.3% increase, and on a year-to-date basis, shares are down 34.1%, compared to FTEC's 19.9% rise [4] Recent Financial Performance - Following an impressive Q2 earnings release, EPAM shares surged 4.3% on August 7, with revenue improving 18% year-over-year to $1.4 billion and adjusted EPS advancing 13.1% to $2.77 [5] - The company raised its fiscal 2025 guidance, expecting revenue growth in the range of 13% to 15% and projecting adjusted EPS between $10.96 and $11.12, which has bolstered investor confidence [5] Competitive Analysis - EPAM has outperformed its rival Accenture plc, which experienced a 30.6% drop over the past 52 weeks, although EPAM has lagged behind Accenture's 33.1% loss on a year-to-date basis [6]