Core Viewpoint - EPAM Systems has shown strong stock performance, rising 15.7% over the past three months, significantly outperforming the Zacks Computers - IT Services industry and broader market indices, indicating a positive investment outlook due to strong fundamentals and growth strategies [1] Group 1: AI Expansion - EPAM is expanding its presence in the AI sector through partnerships with major companies like Google Cloud, Microsoft, and Salesforce, focusing on scalable AI solutions [1][2] - The collaboration with Alphabet allows EPAM to utilize Google Cloud's Vertex AI platform for generative AI solutions, enhancing modernization efforts for clients [2] - EPAM's promotion to Microsoft's Globally Managed Enterprise Systems Integrator partner status enables the development of cloud-based applications via Azure OpenAI Service [3] - The partnership with Salesforce has led to the creation of the Salesforce Service Agent AI Coach, an AI tool that analyzes customer service interactions [3] Group 2: Strategic Acquisitions - EPAM is pursuing strategic acquisitions to enhance market presence and product expertise, including the acquisition of Vates in 2024 to strengthen its position in Latin America [5] - The acquisition of First Derivative brought generative AI-enabled financial solutions and over 100 clients from capital markets, expanding EPAM's reach in North America, Europe, and APAC [6] - Acquiring Odysseus has deepened EPAM's expertise in the life sciences sector, while NEORIS has contributed capabilities in digital experience, engineering SAP, data analytics, machine learning, and AI across various industries [7] Group 3: Financial Outlook - Analysts have a positive outlook for EPAM, with the Zacks Consensus Estimate for 2025 revenues at $5.25 billion, reflecting a year-over-year growth of 12% [8] - The consensus for earnings also indicates a modest 5% year-over-year growth for 2025, with EPAM consistently surpassing earnings estimates in the past four quarters, averaging a surprise of 9.9% [8] Group 4: Investment Recommendation - Given the rapid expansion in the AI space through partnerships and acquisitions, EPAM is positioned as a promising investment for 2025 and beyond, making it advisable to consider buying the stock [10]

The Zacks Computers – IT Services industry participants are suffering from challenging macroeconomic conditions that are elongating the sales cycle. The adoption of consultation and transaction processing solutions has been affected by an uncertain macro environment. However, industry participants like ServiceNow (NOW) , EPAM Systems (EPAM) and DXC Technology (DXC) have been benefiting from ongoing digitization efforts globally. Robust spending on cloud, Internet of Things (IoT), cyber security, data and an ...

New AI-powered solutions address generative AI, legacy modernization and data analytics to solve industry-specific challenges NEWTOWN, Pa., Jan. 15, 2025 /PRNewswire/ -- EPAM Systems, Inc. (NYSE: EPAM), a leading digital transformation services and product engineering company, today announced it has expanded its strategic partnership with Google Cloud to deliver innovative industry solutions for clients across the media and entertainment, energy and retail verticals. The enhanced collaboration will leverage ...

In today’s digital transformation, companies all over the world grasp AI technology to improve their overall day-to-day operations. EPAM Systems (NYSE: EPAM ), as one of the leading IT companies offering AI and data driven transformational services inHi there! I am an equity research analyst by profession but a trader by heart, with a background in accounting. I try my best to be a responsible investor, guided by my expertise in fundamental and technical analysis. I enjoy surfing and riding the trends about ...

Company Recognition - EPAM Systems ranked 754 overall and in the Top 5 for IT Services and IT Consulting in the 2025 Excellence 1000 Index by Newsweek [1] - EPAM has been recognized as a "Most Loved Workplace" by Newsweek for the last four years and has received multiple awards for its ESG initiatives, including the 2024 Inclusive Excellence Award and the 2024 SEAL Sustainable Excellence Award [4] Industry and Market Position - EPAM is a leading global provider of digital engineering, cloud, and AI-enabled transformation services, serving clients across six continents [8] - The company is among the top 15 companies in Information Technology Services in the Fortune 1000 and is recognized as a leader in the IDC MarketScapes for Worldwide Experience Build Services, Worldwide Experience Design Services, and Worldwide Software Engineering Services [8] Strategic Growth and Innovation - EPAM has invested in innovation and future capabilities through acquisitions of First Derivative, Neoris, Odysseus Data Services, and Vates, enhancing AI, data-driven solutions, and cloud services [4] - The company focuses on delivering transformative solutions through its robust capabilities in digital, AI, GenAI, data, cloud, and engineering, aiming to solve clients' most challenging problems [2] Corporate Values and ESG Commitment - EPAM is committed to financial responsibility, stakeholder ratings, and social responsibility, as highlighted by its inclusion in the Excellence 1000 Index [1] - The company aligns with the UN's principles on human rights, labor, environment, and anti-corruption, as part of its Global Compact Status [5] Client and Employee Engagement - EPAM emphasizes employee and client satisfaction, with a focus on improving people's lives and delivering competitive advantages across diverse industries [7] - The company's Employee Rating and Customer Rating are key metrics in its evaluation, reflecting its commitment to ethical practices and high-quality services [5]

Strategic acquisition strengthens EPAM's financial services delivery capabilities in North America, Europe and APAC, enhancing end-to-end servicesNEWTOWN, Pa. and NEWRY, N. Ireland, Dec. 3, 2024 /PRNewswire/ -- EPAM Systems, Inc. (NYSE: EPAM), a leading digital transformation services and product engineering company, today announced the successful completion of its acquisition of First Derivative, a Northern Ireland-headquartered managed services and consulting business for the capital markets industry with ...

Epam (EPAM) appears an attractive pick, as it has been recently upgraded to a Zacks Rank #2 (Buy). This upgrade is essentially a reflection of an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by the system.Individual inves ...

EPAM Systems (EPAM) reported third-quarter 2024 non-GAAP earnings of $3.12 per share, beating the Zacks Consensus Estimate by 15.5%. The bottom line increased 14% year over year. EPAM's earnings beat the Zacks Consensus Estimate in each of the trailing four quarters, with an average surprise being 9.9%. Find the latest EPS estimates and surprises on Zacks Earnings Calendar. EPAM's third-quarter revenues of $1.168 billion surpassed the consensus mark by 1.39%. EPAM's top line rose 1.3% year over year, demons ...

For the quarter ended September 2024, Epam (EPAM) reported revenue of $1.17 billion, up 1.3% over the same period last year. EPS came in at $3.12, compared to $2.73 in the year-ago quarter.The reported revenue represents a surprise of +1.47% over the Zacks Consensus Estimate of $1.15 billion. With the consensus EPS estimate being $2.70, the EPS surprise was +15.56%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their nex ...

After reaching an important support level, Epam (EPAM) could be a good stock pick from a technical perspective. EPAM surpassed resistance at the 200-day moving average, suggesting a long-term bullish trend.A useful tool for traders and analysts, the 200-day simple moving average helps determine long-term market trends for stocks, commodities, indexes, and other financial instruments. It moves higher or lower in conjunction with longer-term price performance, and serves as a support or resistance level.EPAM ...