EPAM SystemsEPAM
Market Cap: $11.7B
About: EPAM Systems is a global IT services firm that offers platform engineering, software development, and consulting services. EPAM's largest market is North America, which represents approximately 60% of revenues. Offerings span assisting companies with new technologies, such as artificial intelligence, virtual reality, and robotics.
Employees: 53,150
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
14% more repeat investments, than reductions
Existing positions increased: 211 | Existing positions reduced: 185
0.42% more ownership
Funds ownership: 89.88% [Q1] → 90.3% (+0.42%) [Q2]
6% less funds holding
Funds holding: 559 [Q1] → 527 (-32) [Q2]
20% less call options, than puts
Call options by funds: $60.5M | Put options by funds: $76.1M
31% less first-time investments, than exits
New positions opened: 71 | Existing positions closed: 103
31% less capital invested
Capital invested by funds: $14.3B [Q1] → $9.84B (-$4.51B) [Q2]
50% less funds holding in top 10
Funds holding in top 10: 4 [Q1] → 2 (-2) [Q2]
Research analyst outlook
9 Wall Street Analysts provided 1 year price targets over the past 3 months
9 analyst ratings
JP Morgan Tien-Tsin Huang 59% 1-year accuracy 30 / 51 met price target | 28%upside $262 | Overweight Maintained | 6 Sept 2024 |
Piper Sandler Arvind Ramnani 54% 1-year accuracy 33 / 61 met price target | 10%upside $225 | Overweight Maintained | 4 Sept 2024 |
Deutsche Bank Bryan Keane 0% 1-year accuracy 0 / 2 met price target | 0%downside $204 | Hold Initiated | 22 Aug 2024 |
Susquehanna James Friedman 56% 1-year accuracy 30 / 54 met price target | 17%upside $240 | Positive Maintained | 9 Aug 2024 |
Piper Sandler Arvind Ramnani 54% 1-year accuracy 33 / 61 met price target | 10%upside $225 | Overweight Maintained | 8 Aug 2024 |
Financial journalist opinion
Based on 15 articles about EPAM published over the past 30 days