Wall Street Analysts Think Epam (EPAM) Could Surge 33.28%: Read This Before Placing a Bet

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]