EPAM Systems stock rises 1.16 percent as Wells Fargo backs it

Published on 09/28/2026 at 14:04 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

EPAM Systems stock posted USD 1.415 billion in Q2 revenue, up 4.5 percent year over year. GAAP diluted EPS rose 26.3 percent to USD 1.97.

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EPAM Systems stock (ISIN US26874Q1031) was last at USD 108.23 on the NYSE on September 25, 2026 at 4:00 p.m. ET, up 1.16 percent from USD 106.99. The latest analyst signal came from Wells Fargo, which maintained a Buy rating and set a USD 156.00 price target on September 25, 2026, according to The Globe and Mail.

Q2 growth meets a tougher outlook

For the quarter ended June 30, 2026, EPAM reported revenue of USD 1.415 billion, a 4.5 percent year-over-year increase. GAAP diluted EPS reached USD 1.97, up 26.3 percent from USD 1.56 in the second quarter of 2025, according to the The Globe and Mail transcript.

The improvement in earnings came with a more measured growth profile. EPAM set fiscal 2026 revenue growth guidance at 3.2 percent to 4.2 percent and non-GAAP diluted EPS guidance at USD 13.08 to USD 13.24, while third-quarter revenue guidance is USD 1.410 billion to USD 1.425 billion.

Analyst target stays above the quote

MarketBeat reported on September 15, 2026, that 17 analysts assigned EPAM a consensus Hold rating, with 10 Holds, six Buys and one Sell. The average 12-month target was USD 116.47, according to MarketBeat.

The operating counterweight is visible in the quarterly mix. Software and Hi-Tech revenue declined 1.3 percent year over year, while financial services revenue increased 11.5 percent and Life Sciences and Healthcare revenue grew 8 percent. That divergence puts execution in North America and the pace of AI-led modernization at the center of the earnings story.

EuroCTP adds a concrete project win

On September 24, 2026, EPAM said it had co-architected and delivered the cloud-native infrastructure and applications for EuroCTP, the European Union's first mandated consolidated tape for shares and exchange-traded funds. The service went live on September 14, 2026, and the project uses EPAM's TimeBase database and data-processing tools, as reported by StockTitan.

EPAM stock remains below its yearly high

EPAM stock was last at USD 108.23 on the NYSE on September 25, 2026 at 4:00 p.m. ET. Its same-session range was USD 106.40 to USD 109.44, while the 52-week range was USD 73.06 to USD 222.53, leaving the share price well below its yearly high.