Epam Systems (EPAM) Stock Price

Epam Systems Price

NYSE·CLOSED
86.14USD-0.43 (-0.50 %)
Market closed

Over the last 16 years Epam Systems grew revenue by 25.2% annually, reaching 5.46 B USD. Earnings per share have grown at 9.9% per year over the last 15 years. For Epam Systems, the net margin of 6.9% is down versus 12.8% a few years ago. The consensus 12-month price target for Epam Systems is 232.56 USD, about 170.0% above where the stock trades today. Of 26 analysts, 20 rate the stock a buy — an overall Buy consensus. The stock trades about 17% above its 52-week low.

Epam Systems stock price

Volume
Details

Stock Price

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How to Read This Chart

This chart tracks the historical stock price of Epam Systems over time. You can switch between daily, weekly, and monthly views and select custom time ranges — from a single day to the full available history. Use the toggle to view price changes in absolute currency terms or as a percentage change relative to the starting date.

Total Return vs. Price Return

The "Total Return" toggle includes reinvested dividends on top of the pure price movement. This is critical because dividends can account for a significant portion of long-term returns. Historically, roughly 40 % of the S&P 500's total return has come from dividends. Always compare total return when evaluating a stock's real performance against a benchmark.

Intraday Price Data

When viewing a one-day time frame, the chart displays real-time intraday price movements. This is useful for observing how Epam Systems stock reacts to market openings, earnings releases, or breaking news throughout the trading session.

What to Look For

Look for long-term trends (sustained upward or downward movements over months and years), support and resistance levels (price zones where the stock repeatedly bounces or reverses), and volatility (how much the price fluctuates day to day). Comparing Epam Systems's price chart to a market index like the S&P 500 can reveal whether the stock is outperforming or underperforming the broader market.

Epam Systems Stock Price History
DateEpam Systems Price
7/23/202686.14 USD
7/22/202686.57 USD
7/21/202689.22 USD
7/20/202689.40 USD
7/17/202688.66 USD
7/16/202687.67 USD
7/15/202685.93 USD
7/14/202684.50 USD
7/13/202687.96 USD
7/10/202683.89 USD
7/9/202687.29 USD
7/8/202688.00 USD
7/7/202689.55 USD
7/6/202687.90 USD
7/2/202688.27 USD
7/1/202685.24 USD
6/30/202679.35 USD
6/29/202680.34 USD
6/26/202680.68 USD
6/25/202677.37 USD
6/24/202678.39 USD
6/23/202676.89 USD
6/22/202673.39 USD
6/18/202679.99 USD
6/17/202693.01 USD
6/16/202694.42 USD
6/15/202693.29 USD
6/12/202695.52 USD
6/11/202690.24 USD
6/10/202694.25 USD
6/9/202695.65 USD
6/8/202696.72 USD
6/5/202697.96 USD
6/4/202699.77 USD
6/3/202697.38 USD
6/2/2026101.62 USD
6/1/2026107.08 USD
5/29/2026101.71 USD
5/28/2026101.46 USD
5/27/2026101.93 USD
5/26/2026101.16 USD
5/22/2026102.11 USD
5/21/2026102.81 USD
5/20/2026102.28 USD
5/19/2026100.51 USD
5/18/2026100.44 USD
5/15/202693.02 USD
5/14/202689.69 USD
5/13/202690.39 USD
5/12/202695.14 USD
5/11/202697.35 USD
5/8/202699.23 USD
5/7/2026104.24 USD
5/6/2026106.97 USD
5/5/2026109.64 USD
5/4/2026110.60 USD
5/1/2026112.33 USD
4/30/2026113.78 USD
4/29/2026112.91 USD
4/28/2026114.15 USD
4/27/2026116.31 USD
4/24/2026118.98 USD
4/22/2026129.12 USD
4/21/2026132.12 USD
4/20/2026131.90 USD
4/17/2026131.34 USD
4/16/2026126.81 USD
4/15/2026128.42 USD
4/14/2026127.41 USD
4/13/2026124.99 USD
4/10/2026122.47 USD
4/9/2026123.85 USD
4/8/2026129.99 USD
4/7/2026134.22 USD
4/6/2026137.02 USD
4/2/2026137.99 USD
4/1/2026135.12 USD
3/31/2026135.40 USD
3/30/2026136.18 USD
3/27/2026135.19 USD
3/26/2026136.15 USD
3/25/2026133.26 USD
3/24/2026133.04 USD
3/23/2026135.72 USD
3/20/2026137.43 USD
3/19/2026135.67 USD
3/18/2026133.98 USD
3/17/2026136.46 USD
3/16/2026137.05 USD
3/13/2026137.14 USD
3/12/2026135.81 USD
3/11/2026141.98 USD
3/10/2026142.18 USD
3/9/2026146.26 USD
3/6/2026145.87 USD
3/5/2026144.58 USD
3/4/2026140.90 USD
3/3/2026140.77 USD
3/2/2026139.16 USD
2/27/2026141.00 USD
2/26/2026138.62 USD
2/25/2026131.08 USD
2/24/2026128.82 USD
2/23/2026129.96 USD
2/20/2026138.85 USD
2/19/2026139.16 USD
2/18/2026167.69 USD
2/17/2026162.20 USD
2/13/2026166.37 USD
2/12/2026163.12 USD
2/11/2026177.99 USD
2/10/2026191.61 USD
2/9/2026190.53 USD
2/6/2026186.68 USD
2/5/2026177.47 USD
2/4/2026184.78 USD
2/3/2026183.33 USD
2/2/2026210.42 USD
1/30/2026208.60 USD
1/29/2026208.92 USD
1/28/2026218.35 USD
1/27/2026218.04 USD
1/26/2026220.44 USD
1/23/2026218.21 USD
1/22/2026219.05 USD
1/21/2026212.95 USD
1/20/2026206.48 USD
1/16/2026212.61 USD
1/15/2026215.24 USD
1/14/2026221.40 USD
1/13/2026211.99 USD
1/12/2026211.82 USD
1/9/2026211.93 USD
1/8/2026219.78 USD
1/7/2026218.20 USD
1/6/2026218.38 USD
1/5/2026206.61 USD
1/2/2026200.46 USD
12/31/2025204.88 USD
12/30/2025206.31 USD
12/29/2025211.64 USD
12/26/2025211.41 USD
12/24/2025209.08 USD
12/23/2025208.00 USD
12/22/2025211.59 USD
12/19/2025209.17 USD
12/18/2025207.02 USD
12/17/2025204.33 USD
12/16/2025205.85 USD
12/15/2025212.14 USD
12/12/2025209.63 USD
12/11/2025211.11 USD
12/10/2025211.72 USD
12/9/2025207.97 USD
12/8/2025203.64 USD
12/5/2025203.60 USD
12/4/2025201.50 USD
12/3/2025200.00 USD
12/2/2025192.99 USD
12/1/2025190.42 USD
11/28/2025187.00 USD
11/26/2025184.69 USD
11/25/2025185.80 USD
11/24/2025183.23 USD
11/21/2025180.98 USD
11/20/2025178.62 USD
11/19/2025180.93 USD
11/18/2025178.71 USD
11/17/2025177.78 USD
11/14/2025179.02 USD
11/13/2025180.47 USD
11/12/2025180.12 USD
11/11/2025180.16 USD
11/10/2025182.40 USD
11/7/2025175.30 USD
11/6/2025168.00 USD
11/5/2025160.91 USD
11/4/2025158.45 USD
11/3/2025161.71 USD
10/31/2025163.54 USD
10/30/2025159.15 USD
10/29/2025162.85 USD
10/28/2025161.90 USD
10/27/2025162.45 USD
10/24/2025159.40 USD
10/23/2025156.73 USD
10/22/2025156.47 USD
10/21/2025155.08 USD
10/20/2025145.00 USD
10/17/2025144.52 USD
10/16/2025142.20 USD
10/15/2025142.97 USD
10/14/2025146.98 USD
10/13/2025146.70 USD
10/10/2025142.38 USD
10/9/2025150.53 USD
10/8/2025151.06 USD
10/7/2025149.87 USD
10/6/2025152.51 USD
10/3/2025154.12 USD
10/2/2025152.77 USD
10/1/2025152.30 USD
9/30/2025150.79 USD
9/29/2025154.50 USD
9/26/2025151.84 USD
9/25/2025149.99 USD
9/24/2025156.43 USD
9/23/2025154.04 USD
9/22/2025156.43 USD
9/19/2025156.20 USD
9/18/2025155.87 USD
9/17/2025153.46 USD
9/16/2025154.57 USD
9/15/2025154.55 USD
9/12/2025156.09 USD
9/11/2025157.85 USD
9/10/2025153.10 USD
9/9/2025165.02 USD
9/8/2025164.45 USD
9/5/2025169.46 USD
9/4/2025168.09 USD
9/3/2025174.05 USD
9/2/2025174.70 USD
8/29/2025176.36 USD
8/28/2025174.18 USD
8/27/2025173.55 USD
8/26/2025170.28 USD
8/25/2025172.51 USD
8/22/2025174.95 USD
8/21/2025166.40 USD
8/20/2025166.44 USD
8/19/2025167.53 USD
8/18/2025164.60 USD
8/15/2025157.71 USD
8/14/2025159.30 USD
8/13/2025160.80 USD
8/12/2025152.93 USD
8/11/2025151.80 USD
8/8/2025158.00 USD
8/7/2025157.74 USD
8/6/2025151.31 USD
8/5/2025149.33 USD
8/4/2025153.30 USD
8/1/2025150.99 USD
7/31/2025157.71 USD
7/30/2025163.97 USD
7/29/2025168.51 USD
7/28/2025169.36 USD
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Epam Systems Revenue, EBIT, Net Income

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Revenue
EBIT
Net Income
Details
Date
Revenue
EBIT
Net Income
Jan 1, 2020
2.66 B USD
379.32 M USD
327.16 M USD
Jan 1, 2021
3.76 B USD
542.32 M USD
481.65 M USD
Jan 1, 2022
4.82 B USD
572.97 M USD
419.42 M USD
Jan 1, 2023
4.69 B USD
501.24 M USD
417.08 M USD
Jan 1, 2024
4.73 B USD
544.58 M USD
454.53 M USD
Jan 1, 2025
5.46 B USD
521.16 M USD
377.68 M USD
Jan 1, 2026 (e)
5.72 B USD
915.44 M USD
720.61 M USD
Jan 1, 2027 (e)
6.05 B USD
1.02 B USD
780.76 M USD

Epam Systems Income Statement, Balance Sheet, Cash Flow Statement

Last updated Jul 26, 2026, 2:32 PM
 
REVENUEB USD
REVENUE GROWTH%
GROSS MARGIN%
GROSS INCOMEB USD
EBITB USD
EBIT MARGIN%
NET INCOMEM USD
NET INCOME GROWTH%
SHARESM
201220132014201520162017201820192020202120222023202420252026e2027e
0.430.560.730.911.161.451.842.292.663.764.824.694.735.465.726.05
29.6428.1831.5325.2126.9125.0027.0324.4815.9641.3328.37-2.780.7915.444.895.77
37.6437.3037.4037.9636.3836.4835.5635.1134.8333.9031.8830.5830.6726.5326.5326.53
0.160.210.270.350.420.530.660.810.931.271.541.431.451.451.521.61
0.070.080.090.110.130.170.250.300.380.540.570.500.540.520.921.02
15.2413.6911.7811.4911.4711.8613.3013.1714.2514.4211.8610.6811.519.5515.9916.86
54.0061.0069.0084.0099.0072.00240.00261.00327.00481.00419.00417.00454.00377.00720.00780.00
22.7312.9613.1121.7417.86-27.27233.338.7525.2947.09-12.89-0.488.87-16.9690.988.33
46.6049.0750.3452.6753.3852.8856.8957.9758.7759.2559.3558.9157.4455.3455.3455.34
Details

Income Statement Key Figures

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Revenue and Revenue Growth

Revenue is the starting point of every income statement — it measures the total sales Epam Systems generates from its core business. Revenue growth (expressed as year-over-year percentage change) is one of the most important indicators of business momentum. Sustained growth above 10 % annually is generally considered strong, while declining revenue is a serious warning sign that demands investigation.

Gross Margin

Gross margin = (Revenue − Cost of Goods Sold) ÷ Revenue. It reveals what percentage of each dollar of revenue Epam Systems retains after direct production costs. High gross margins (above 50 %) are typical of asset-light businesses like software and brands, while capital-intensive industries like manufacturing often operate below 30 %. Compare Epam Systems's gross margin to industry peers and track it over time to spot improving or deteriorating pricing power.

EBIT and EBIT Margin

EBIT measures operating profit — what remains after subtracting all operating expenses (including R&D, sales, and administrative costs) from gross profit. The EBIT margin shows this as a percentage of revenue. Because it excludes interest and taxes, EBIT allows fair comparisons between companies with different debt levels and tax jurisdictions. A rising EBIT margin indicates improving operational efficiency.

Net Income and Earnings Per Share (EPS)

Net income is the company's final profit after all expenses, interest, and taxes. Dividing net income by the number of shares outstanding gives you EPS — the single most influential metric in stock valuation. Consistent EPS growth is the primary driver of long-term stock price appreciation. Always check whether EPS growth comes from genuine profit improvement or from share buybacks reducing the share count.

Shares Outstanding

The total number of shares Epam Systems has issued. A declining share count (through buybacks) boosts EPS and signals management confidence. A rising share count (through stock issuance) dilutes existing shareholders. Always monitor this number alongside EPS to get the full picture of per-share value creation.

Analyst Estimates

The projected figures represent consensus estimates from professional analysts. Compare these forecasts against Epam Systems's historical growth rates to assess whether expectations are realistic. A company that consistently beats consensus estimates tends to see its stock price rewarded over time, while repeated misses erode investor confidence.

Epam Systems stock margins

The Epam Systems margin analysis displays the gross margin, EBIT margin, as well as the profit margin of Epam Systems. The EBIT margin (EBIT/sales) indicates the percentage of sales that remains as operating profit. The profit margin shows the percentage of sales that remains for Epam Systems.

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Gross margin
EBIT margin
Profit margin
Details
Date
Gross margin
EBIT margin
Profit margin
Jan 1, 2020
34.85 %
14.26 %
12.30 %
Jan 1, 2021
33.91 %
14.43 %
12.82 %
Jan 1, 2022
31.88 %
11.88 %
8.69 %
Jan 1, 2023
30.57 %
10.69 %
8.89 %
Jan 1, 2024
30.68 %
11.52 %
9.61 %
Jan 1, 2025
26.55 %
9.55 %
6.92 %
Jan 1, 2026 (e)
26.55 %
15.99 %
12.59 %
Jan 1, 2027 (e)
26.55 %
16.86 %
12.90 %

Epam Systems Stock Revenue, EBIT, Earnings per Share

The Epam Systems earnings per share therefore indicates how much revenue Epam Systems has generated per share in a given period. The earnings before interest and taxes per share shows how much of the operating profit corresponds to each share. The earnings per share indicates how much of the profit belongs to each share.

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Revenue per Share
EBIT per share
Earnings per Share
Details
Date
Revenue per Share
EBIT per share
Earnings per Share
Jan 1, 2020
45.25 USD
6.45 USD
5.57 USD
Jan 1, 2021
63.42 USD
9.15 USD
8.13 USD
Jan 1, 2022
81.29 USD
9.65 USD
7.07 USD
Jan 1, 2023
79.62 USD
8.51 USD
7.08 USD
Jan 1, 2024
82.32 USD
9.48 USD
7.91 USD
Jan 1, 2025
98.61 USD
9.42 USD
6.82 USD
Jan 1, 2026 (e)
103.62 USD
16.54 USD
13.05 USD
Jan 1, 2027 (e)
109.61 USD
18.45 USD
14.13 USD

Epam Systems business model & stock analysis

EPAM Systems Inc. is a globally operating software development company based in the USA. It was founded in 1993 in Minsk, Belarus, by two scientists who wanted to offer highly qualified IT services. Nowadays, the company is headquartered in Newtown, Pennsylvania, and operates development sites in 35 countries worldwide. The business model of EPAM Systems Inc. specializes in developing customized software solutions for companies from various industries. Since the individuality of the companies is the focus, each customer is advised and supported based on their specific needs. Training professionals also play an important role within the business model, as the company needs to meet the high demands of its customers. The product range of EPAM Systems Inc. is diverse and includes software development, testing and maintenance, as well as consulting and training. The services are offered in various industries, such as finance, insurance, retail, software products, healthcare, and telecommunications. EPAM also develops new technologies in the emerging technologies field, allowing customers to optimize their business operations. The company specializes in developing innovative solutions for its customers to help them achieve their goals with their business models and applications. Within the company, there are different divisions, such as architecture and engineering, product development, software testing, cloud solutions, consulting and management, as well as UX and design services. With these different divisions, EPAM Systems Inc. can meet all customer requirements. In the early days, EPAM Systems Inc. primarily focused on developing software for customers in the financial services sector. However, the company quickly evolved and expanded, and is now active in many other industries. EPAM was also one of the first companies to start developing Java software, making it a pioneer in Java programming. EPAM Systems Inc. has won several awards and certifications, such as being recognized as one of the best software companies to work for in Belarus, one of the fastest-growing e-commerce companies in the USA, and for its work in digital transformation. Additionally, EPAM has been recognized for its outstanding collaboration with customers and customer orientation in IT outsourcing. The company places great importance on the education of its employees and therefore offers a variety of training and certification programs. EPAM's goal is to find and train the best talent to ensure the highest quality for their customers. In addition to meeting customer demands, sustainability is an important factor for EPAM Systems Inc. The company strives to minimize its environmental impact and has implemented various programs to reduce waste and utilize renewable energy. They have also introduced programs to support healthcare, education, and other important areas of the community. Overall, EPAM Systems Inc. is a leading company in software development, with a focus on customer-oriented solutions and highly qualified employees. Since its founding, the company has continuously evolved and is now active in many industries with customers worldwide. EPAM places great value on the education and training of its employees and strives for sustainability in all areas of the company. Only the answer is required in the output.

Epam Systems SWOT Analysis

Strengths

  • Strong global presence with offices in various countries.
  • Diversified portfolio of services and solutions.
  • Robust technology platform and expertise in software development.
  • Established track record of delivering high-quality projects.

Weaknesses

  • Limited brand recognition compared to larger competitors.
  • Relatively smaller market share in certain industries.
  • Dependence on a few major clients for significant portions of revenue.
  • Limited ability to rapidly scale due to resource constraints.

Opportunities

  • Growing demand for digital transformation services.
  • Expansion into emerging markets with untapped potential.
  • Increasing adoption of cloud computing and artificial intelligence.
  • Strategic partnerships and acquisitions to broaden service offerings.

Threats

  • Intense competition from larger IT consulting firms.
  • Rapidly changing technology landscape requiring constant adaptation.
  • Economic downturns and uncertainties impacting client budgets.
  • Potential negative impacts of data security and privacy regulations.

Epam Systems Segments

Epam Systems Revenue by Segment (1/4)

  • 3 Years

  • 5 Years

  • 10 Years

  • Max

Software Development
Applications
Application Maintenance and Support
Technology Infrastructure
All Other
Licensing
Details
Date
Software Development
Applications
Application Maintenance and Support
Software Service Support And Maintenance Arrangement
Technology Infrastructure
All Other
Licensing
Software License Arrangement
Jan 1, 2017
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2019
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2020
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2021
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2022
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2023
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2024
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2025
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD

Epam Systems Revenue by Segment (2/4)

  • 3 Years

  • 5 Years

  • 10 Years

  • Max

Americas
North America
Europe
North America Segment
Operating Segments
Europe Segment
Russia Segment
Russia
Unallocated Amounts
Details
Date
Americas
North America
Europe
North America Segment
Operating Segments
Europe Segment
Russia Segment
Russia
Unallocated Amount To Segment
Unallocated Amounts
Jan 1, 2017
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2019
0.00 USD
0.00 USD
0.00 USD
1.38 B USD
0.00 USD
820.72 M USD
92.14 M USD
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2020
0.00 USD
0.00 USD
0.00 USD
1.60 B USD
0.00 USD
947.31 M USD
110.35 M USD
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2021
0.00 USD
2.24 B USD
1.35 B USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
165.41 M USD
0.00 USD
0.00 USD
Jan 1, 2022
0.00 USD
2.90 B USD
1.85 B USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
73.09 M USD
0.00 USD
0.00 USD
Jan 1, 2023
0.00 USD
2.77 B USD
1.91 B USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
16.08 M USD
0.00 USD
0.00 USD
Jan 1, 2024
0.00 USD
2.87 B USD
1.86 B USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2025
3.17 B USD
0.00 USD
2.29 B USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD

Epam Systems Revenue by Segment (3/4)

  • 3 Years

  • 5 Years

  • 10 Years

  • Max

Operating Segments
Unallocated Amounts
Details
Date
Operating Segments
Unallocated Amounts
Jan 1, 2017
1.45 B USD
0.00 USD
Jan 1, 2019
0.00 USD
0.00 USD
Jan 1, 2020
0.00 USD
0.00 USD
Jan 1, 2021
0.00 USD
0.00 USD
Jan 1, 2022
0.00 USD
0.00 USD
Jan 1, 2023
0.00 USD
0.00 USD
Jan 1, 2024
0.00 USD
0.00 USD
Jan 1, 2025
0.00 USD
0.00 USD

Epam Systems Revenue by Segment (4/4)

  • 3 Years

  • 5 Years

  • 10 Years

  • Max

Operating Segments
Unallocated Amounts
Details
Date
Operating Segments
Unallocated Amounts
Jan 1, 2017
0.00 USD
0.00 USD
Jan 1, 2019
0.00 USD
0.00 USD
Jan 1, 2020
0.00 USD
0.00 USD
Jan 1, 2021
0.00 USD
0.00 USD
Jan 1, 2022
0.00 USD
0.00 USD
Jan 1, 2023
0.00 USD
0.00 USD
Jan 1, 2024
0.00 USD
0.00 USD
Jan 1, 2025
0.00 USD
0.00 USD

Epam Systems Revenue by Region

  • 3 Years

  • 5 Years

  • 10 Years

  • Max

Americas
United States
EMEA
North America
Other Countries
Europe
United Kingdom
Switzerland
Germany
Netherlands
Other locations
CIS
APAC
Canada
Kazakhstan
Sweden
Spain
Ukraine
Russia
CEE
Details
Date
Americas
United States
EMEA
North America
Other Countries
Europe
United Kingdom
Switzerland
Germany
Netherlands
Other locations
CIS
APAC
G B
Canada
R U
C H
D E
K Z
Kazakhstan
C A
Sweden
S E
U A
N L
Spain
Ukraine
Russia
CEE
Jan 1, 2018
0.00 USD
1.03 B USD
0.00 USD
1.10 B USD
176.19 M USD
612.47 M USD
200.92 M USD
144.40 M USD
80.79 M USD
70.27 M USD
0.00 USD
81.70 M USD
49.57 M USD
0.00 USD
69.84 M USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
71.18 M USD
0.00 USD
Jan 1, 2019
0.00 USD
1.32 B USD
0.00 USD
1.39 B USD
0.00 USD
746.87 M USD
290.04 M USD
152.71 M USD
82.44 M USD
88.49 M USD
200.21 M USD
100.47 M USD
56.45 M USD
0.00 USD
68.30 M USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
89.94 M USD
0.00 USD
Jan 1, 2020
0.00 USD
1.52 B USD
0.00 USD
1.60 B USD
228.30 M USD
879.84 M USD
331.22 M USD
203.39 M USD
84.90 M USD
114.68 M USD
0.00 USD
114.70 M USD
69.80 M USD
0.00 USD
68.42 M USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
104.85 M USD
0.00 USD
Jan 1, 2021
2.23 B USD
2.13 B USD
1.26 B USD
0.00 USD
366.32 M USD
0.00 USD
474.94 M USD
271.21 M USD
113.73 M USD
154.82 M USD
0.00 USD
0.00 USD
103.56 M USD
0.00 USD
96.65 M USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
155.19 M USD
168.04 M USD
Jan 1, 2022
2.89 B USD
2.76 B USD
1.74 B USD
0.00 USD
564.06 M USD
0.00 USD
619.31 M USD
323.42 M USD
161.76 M USD
215.44 M USD
0.00 USD
0.00 USD
120.37 M USD
0.00 USD
114.91 M USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
64.75 M USD
79.21 M USD
Jan 1, 2023
2.74 B USD
2.63 B USD
1.82 B USD
0.00 USD
578.46 M USD
0.00 USD
585.17 M USD
367.12 M USD
178.49 M USD
236.29 M USD
0.00 USD
0.00 USD
102.14 M USD
0.00 USD
97.98 M USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
13.29 M USD
22.96 M USD
Jan 1, 2024
2.83 B USD
2.68 B USD
1.79 B USD
0.00 USD
633.60 M USD
0.00 USD
523.37 M USD
407.85 M USD
206.13 M USD
188.58 M USD
0.00 USD
0.00 USD
100.04 M USD
0.00 USD
88.35 M USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2025
3.20 B USD
2.83 B USD
2.15 B USD
0.00 USD
1.12 B USD
0.00 USD
597.32 M USD
438.50 M USD
233.43 M USD
229.79 M USD
0.00 USD
0.00 USD
108.83 M USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD

Epam Systems Eulerpool Fair Value

Details

Fair Value Estimate

ⓘ

What Is Fair Value?

Fair value is an estimate of what a stock is truly "worth" based on its financial fundamentals, independent of the current market price. If the calculated fair value is above the current share price, the stock may be undervalued — and vice versa. This chart shows three different fair value approaches so you can cross-check them against each other.

Earnings-Based Fair Value

Calculated by multiplying the current earnings per share (EPS) by the average historical P/E ratio over a selected multi-year period. The smoothing over several years filters out temporary spikes or dips. If this fair value exceeds the market price, it suggests the stock is cheap relative to its earning power.

Example: Fair Value (Earnings) 2022 = EPS 2022 × Average P/E 2019–2021

Revenue-Based Fair Value

Derived by multiplying revenue per share by the average historical price-to-sales ratio. This method is particularly useful for companies with volatile or temporarily depressed earnings, as revenue tends to be more stable than profits. It answers: "At what price has the market historically valued each dollar of this company's sales?"

Example: Fair Value (Revenue) 2022 = Revenue per Share 2022 × Average P/S 2019–2021

Dividend-Based Fair Value

Calculated by dividing the dividend per share by the average historical dividend yield. This approach is most relevant for mature, consistently dividend-paying companies. If the resulting fair value is higher than the current price, it implies the stock offers a better yield than its historical average.

Example: Fair Value (Dividend) 2022 = Dividend per Share 2022 ÷ Average Yield 2019–2021

How to Use This Chart

When all three fair value lines converge above the current price, it strengthens the case that the stock is undervalued. When they diverge, investigate why — it may indicate a structural shift in margins, payout policy, or growth rate. The forward estimates on the right extend the analysis using projected fundamentals, helping you assess whether the current price already reflects future growth expectations.

Epam Systems historical P/E ratio, EBIT multiple, and P/S ratio

Epam Systems annual returns

Details

Annual Return

ⓘ

What This Chart Shows

This chart breaks down 's total annual return into two components: price return (gains or losses from stock price movement) and dividend return (income received from dividend payments). Together, they represent the total return an investor would have earned in each calendar year.

Price Return

Price return measures the percentage change in 's stock price from January 1st to December 31st of each year. Positive bars indicate the stock appreciated; negative bars show a decline. This is the component most investors focus on, but it tells only part of the story — especially for dividend-paying stocks.

Dividend Return

Dividend return represents the income generated from dividends paid during the year, expressed as a percentage of the starting stock price. While it may seem small in any single year (typically 1–4 % for established companies), dividends compound significantly over decades and have historically contributed roughly 40 % of total stock market returns.

What to Look For

Examine how many years showed positive vs. negative returns to gauge consistency. A stock with mostly positive years and small drawdowns suggests lower risk. Also compare 's annual returns to a benchmark index — consistently outperforming the market is a hallmark of a strong investment. Pay attention to the worst years: understanding downside risk is just as important as chasing upside potential.

Epam Systems shares outstanding

The number of shares of Epam Systems was 55.34 M in 2025. This indicates how many shares Epam Systems is divided into. Since shareholders are the owners of a company, each share represents a small portion of the company's ownership.

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Number of stocks
Details
Date
Number of stocks
Jan 1, 2020
58.77 M Stocks
Jan 1, 2021
59.25 M Stocks
Jan 1, 2022
59.35 M Stocks
Jan 1, 2023
58.91 M Stocks
Jan 1, 2024
57.44 M Stocks
Jan 1, 2025
55.34 M Stocks
Jan 1, 2026 (e)
55.34 M Stocks
Jan 1, 2027 (e)
55.34 M Stocks

Current Epam Systems forecasts and price targets in July 2026

Analyst Price Targets 2026
Δ MOM Price Target
3.64 %
Buy76.92 % (20)
Hold23.08 % (6)
Sell0.00 % (0)
12M Price Target
232.56
Last Price
86.14
Currency
USD
12M Return Potential
169.98 %
LTM Return
0 %

Epam Systems Earnings Estimates

DateEPS estimateRevenue EstimateQuarterly report
8/6/20263.21USD1.44 BUSD2026 Q2
5/7/20262.81USD1.42 BUSD2026 Q1
4/30/20262.81USD1.42 BUSD2026 Q1
2/19/20263.22USD1.42 BUSD2025 Q4
6/3/20242.60USD1.20 BUSD2024 Q2
5/3/20242.47USD1.17 BUSD2024 Q1
2/14/20242.54USD1.16 BUSD2023 Q4
8/2/20233.02USD1.39 BUSD2023 Q2
5/3/20232.82USD1.32 BUSD2023 Q1
2/15/20232.73USD1.25 BUSD2022 Q4

EESG©

Eulerpool ESG Scorecard© for the Epam Systems stock

65/100
42
Environment
99
Social
53
Governance
E

Environment

20
Scope 1 - Direct Emissions—
Scope 2 - Indirect emissions from purchased energy—
Scope 3 - Indirect emissions within the value chain—
Total CO₂ emissions—
CO₂ reduction strategy
Coal energy
Nuclear power
Animal experiments
Fur & Leather—
Pesticides—
Palm Oil—
Tobacco
Genetically modified organisms
Climate concept—
Sustainable forestry—
Recycling regulations
Environmentally friendly packaging
Hazardous substances
Fuel consumption and efficiency
Water consumption and efficiency
S

Social

20
Percentage of female employees—
Percentage of women in management—
Percentage of Asian employees—
Share of Asian management—
Percentage of Hispanic/Latino employees—
Hispano/Latino Management share—
Percentage of Black employees—
Black Management Share—
Percentage of white employees—
White Management Share—
Adult content
Alcohol
Weapons—
Firearms
Gambling
Military contracts
Human rights concept
Privacy concept—
Occupational health and safety
Catholic
G

Governance (Corporate Governance)

4
Environmental reporting
Stakeholder Engagement
Call Back Policies
Antitrust law

The Eulerpool ESG Scorecard© is the strictly copyrighted intellectual property of Eulerpool Research Systems. Any unauthorized use, imitation, or infringement will be actively pursued and may lead to significant legal consequences. For licenses, collaborations, or usage rights, please contact us directly via our contact form. Contact Form to us.

Epam Systems shareholder structure

% Name
12.61884%
The Vanguard Group, Inc.
The Vanguard Group, Inc.
5.57689%
BlackRock Institutional Trust Company, N.A.
BlackRock Institutional Trust Company, N.A.
4.63695%
Capital World Investors
Capital World Investors
4.24444%
State Street Investment Management (US)
State Street Investment Management (US)
3.77573%
Invesco Advisers, Inc.
Invesco Advisers, Inc.
3.69247%
Columbia Threadneedle Investments (US)
Columbia Threadneedle Investments (US)
...

Epam Systems Executives and Management Board

AD

Mr. Arkadiy Dobkin

(64)

Executive Chairman of the Board · since 2002

Compensation9.05 M USD
BF

Mr. Balazs Fejes

(50)

President, Chief Executive Officer

Compensation5.01 M USD
JP

Mr. Jason Peterson

(62)

Senior Vice President, Chief Financial Officer, Treasurer

Compensation4.94 M USD
LS

Mr. Larry Solomon

(60)

Senior Vice President, Chief People Officer

Compensation3.41 M USD
VD

Mr. Viktar Dvorkin

(52)

Senior Vice President, Head of Global Engineering, Cloud and Platforms

Compensation3.41 M USD

Epam Systems Supply Chain

Epam Systems Supply Chain

Correlation: how closely stock prices move together

Same directionNo relationOpposite
21 companies
#Name1M3M6M1Y2YTrend
1
Adobe
Supplier
-0.10
-0.32
0.88
0.91
0.90
2
Oracle
Supplier
-0.14
0.09
0.85
0.81
0.80
3
ServiceNow
Supplier
-0.32
-0.35
0.67
0.78
0.78
4
MongoDB A
Supplier
-0.38
0.02
0.71
0.66
0.73
5
Mercedes-Benz Group
0.31
-0.74
0.58
0.64
0.72
#Name1M3M6M1Y2YTrend
1
UiPath A
Supplier
-0.11
-0.54
0.82
0.76
—
2
Snowflake A
Supplier
-0.30
-0.27
0.87
0.86
—
3
Blue Prism Group Plc
Supplier
0.43
0.38
-0.80
-0.65
—
4
Coveo Solutions
Supplier
-0.29
-0.40
0.84
—
—
5
Appian A
Supplier
-0.05
-0.07
0.63
0.57
0.09

Frequently asked questions about Epam Systems

The business model of Epam Systems Inc is focused on providing software engineering and IT consulting services to global corporations. Epam offers a broad range of digital platform engineering and software product development solutions. With a customer-centric approach, the company leverages its expertise in emerging technologies such as artificial intelligence, blockchain, cloud computing, and data analytics to enable digital transformations. Epam operates across various industries including finance, healthcare, retail, and technology. Through its global delivery model, Epam combines onshore and offshore resources to deliver high-quality and cost-effective solutions to its clients.

All fundamentals and in-depth analysis of Epam Systems

Our stock analysis for Epam Systems stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Epam Systems. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.

Epam Systems Stock
Epam Systems Revenue→
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Epam Systems Net Income→
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Epam Systems EBIT→
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Epam Systems Directors Dealings→
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