UP!
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Type
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Public |
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| Traded as | NYSE: EPAM |
| Industry | Software engineering, Outsourcing |
| Founded | 1993 |
| Headquarters | Newtown, Pennsylvania, United States |
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Area served
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Globally |
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Key people
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Arkadiy Dobkin, CEO & President |
| Services | Software Product Development, Application Development, Enterprise Application Platforms, Application Testing, Application Maintenance and Support, ASM and Infrastructure Services |
| Revenue |  US$ 1.16 billion (FY'16) |
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Operating income
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US$ 133.70 million (FY'16) |
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Number of employees
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22,383 (Q4, 2016) |
| Website | www.epam.com |
Arkadiy Dobkin, CEO & President
Jason Peterson, SVP & Chief Financial Officer
Balazs Fejes, SVP & Co-Head Global Business
Alan Harlan, SVP Business Transformation, Head of CEO Office
Elaina Shekhter, Chief Marketing Officer
Victor Dvorkin, Co-Head Global Delivery
Sergey Yezhkov, Co-Head Global Delivery
Jason Harman, Co-Head Global Business Development
EPAM Systems, Inc., also known as EPAM, is a global provider of software engineering and IT consulting services headquartered in Newtown, Pennsylvania, United States. The company has software development centers and branch offices in North America, Europe, Asia and Australia.
The company was founded as EPAM by Belarus natives Arkadiy Dobkin in Princeton, NJ, and Leo Lozner in Minsk, Belarus in 1993 and incorporated as EPAM Systems on December 18, 2002. Since then, the company has grown to approximately 19,600 tech employees.
EPAM initially stood for "Effective Programming for America", though the company chooses to simply use the acronym in all its marketing and information materials.
On January 24, 2012, EPAM announced the launch of an IPO on the New York Stock Exchange under the ticker EPAM. This is the first IPO that comes from the outsourcing industry in Eastern Europe.
The company has collaborated with United Nations in local and global initiatives that promote the sustainable development and social responsibility.
EPAM joined the Business Call to Action (BCtA) initiative by United Nations Development Programme (UNDP) with a commitment to prepare 5,000 students in Central Europe to enter the IT sector by 2020. The company pledged to meet these goals through its University Program. Launched in 2004 to meet increased industry demand, the program provides specialized IT training for university students in Central and Eastern Europe.
To diversify the IT talent pool and attract girls to technology, the company launched the e-Kids program, a 10-week coding curriculum across three levels focused around the Scratch programming language.
EPAM is committed to sustainable environment through a collaboration with United Nations in local communities.
| Period | Date | Adjusted Actuals EPS | GAAP EPS |
|---|---|---|---|
| Q3 2022 | 2022-11-02 | Future report Set alerts | |
| Q2 2022 | 2022-08-04 | 2.38 | 2.38 |
| Q1 2022 | 2022-05-05 | 0.00 | 0.00 |
| Q4 2021 | 2022-02-17 | 2.76 | 2.76 |
| Q3 2021 | 2021-11-04 | 0.00 | 0.00 |
| Q2 2021 | 2021-08-05 | 2.05 | 2.05 |
| Q1 2021 | 2021-05-06 | 1.81 | 1.81 |
| Q4 2020 | 2021-02-18 | 1.81 | 1.81 |
| Q3 2020 | 2020-11-05 | 0.00 | 0.00 |
| Q2 2020 | 2020-08-06 | 1.46 | 1.14 |
| 2016-07-09 | Reiterated Rating | Citigroup Inc. | Buy | |
| 2016-07-07 | Lower Price Target | Barclays PLC | Equal Weight | $85.00 to $75.00 |
| 2016-07-05 | Reiterated Rating | Cantor Fitzgerald | Buy | $84.00 |
| 2016-05-27 | Boost Price Target | Citigroup Inc. | Buy | $80.00 to $85.50 |
| 2016-05-06 | Upgrade | Barclays | Equal Weight to Overweight | $74.00 to $85.00 |
| 2016-05-06 | Upgrade | Barclays PLC | Equal Weight to Overweight | $74.00 to $85.00 |
| 2016-04-15 | Initiated Coverage | Berenberg Bank | Buy | $89.00 |
| 2016-04-12 | Initiated Coverage | Cantor Fitzgerald | Buy | $84.00 |
| 2016-03-07 | Downgrade | Monness Crespi & Hardt | Buy to Neutral | |
| 2016-02-18 | Initiated Coverage | Cowen and Company | Outperform | $80.00 |
| 2016-02-11 | Lower Price Target | Stifel Nicolaus | Buy | $85.00 to $76.00 |
| 2016-02-10 | Lower Price Target | Barclays | Equal Weight | $77.00 to $74.00 |
| 2016-02-08 | Upgrade | Monness Crespi & Hardt | Neutral to Buy | $72.00 |
| 2015-12-17 | Initiated Coverage | Sterne Agee CRT | Buy to Buy | $100.00 |
| 2015-11-19 | Reiterated Rating | William Blair | Outperform | |
| 2015-11-19 | Boost Price Target | Needham & Company LLC | Buy | $80.00 to $82.00 |
| 2015-11-19 | Upgrade | Renaissance Capital | Hold to Buy | $86.80 to $90.00 |
| 2015-11-06 | Boost Price Target | Barclays | Equal Weight | $75.00 to $77.00 |
| 2015-10-14 | Boost Price Target | Jefferies Group | Buy | $84.00 to $95.00 |
| 2015-09-25 | Reiterated Rating | Jefferies Group | Buy | $84.00 |
| 2015-08-13 | Downgrade | Sberbank CIB | Hold | |
| 2015-08-06 | Boost Price Target | Barclays | Equal Weight | $70.00 to $75.00 |
| 2015-08-06 | Boost Price Target | Needham & Company LLC | Buy | $75.00 to $80.00 |
| 2015-07-08 | Boost Price Target | Citigroup Inc. | Buy | $77.00 to $85.00 |
| 2015-07-01 | Initiated Coverage | JPMorgan Chase & Co. | Overweight | $87.00 |
| 2015-06-22 | Boost Price Target | Jefferies Group | Buy | $70.00 to $84.00 |
| 2015-05-19 | Initiated Coverage | William Blair | Outperform | |
| 2015-05-08 | Set Price Target | Needham & Company LLC | Buy | $71.00 to $75.00 |
| 2015-04-21 | Boost Price Target | Citigroup Inc. | Buy | $67.00 to $77.00 |
| 2015-04-17 | Boost Price Target | Barclays | Equal Weight | $65.00 to $70.00 |
| 2015-03-18 | Initiated Coverage | VTB Capital | Hold | $64.00 |
| 2015-02-27 | Boost Price Target | Citigroup Inc. | Buy | $60.00 to $67.00 |
| 2015-02-27 | Boost Price Target | Susquehanna | Positive | $59.00 to $72.00 |
| 2015-02-27 | Upgrade | Monness Crespi & Hardt | Sell to Neutral | |
| 2015-01-09 | Reiterated Rating | Citigroup Inc. | Buy | $56.00 to $60.00 |
| 2014-12-11 | Initiated Coverage | Jefferies Group | Buy | |
| 2014-11-17 | Boost Price Target | Cowen and Company | Outperform | $50.00 to $60.00 |
| 2014-11-06 | Reiterated Rating | Barclays | Equal Weight | $44.00 to $48.00 |
| 2014-11-05 | Reiterated | Needham | Buy | $50 to $55 |
| 2014-11-05 | Reiterated Rating | Citigroup Inc. | Buy | $48.00 to $56.00 |
| 2014-11-05 | Boost Price Target | Needham & Company LLC | Buy | $50.00 to $55.00 |
| 2014-09-30 | Initiated Coverage | Susquehanna | Positive | $51.00 |
| 2014-08-18 | Initiated Coverage | Monness Crespi & Hardt | Sell | $34.00 |
| 2014-06-06 | Boost Price Target | Barclays | Equal Weight | $38.00 to $41.00 |
| 2014-05-02 | Reiterated Rating | Citigroup Inc. | Buy | $48.00 |
| 2014-03-04 | Downgrade | Barclays | Overweight to Equal Weight | $47 to $38 |
| 2014-03-03 | Downgrade | Barclays | Overweight to Equal Weight | $47.00 to $38.00 |
| 2014-02-21 | Reiterated | Needham | Buy | $40 to $50 |
| 2014-02-21 | Reiterated Rating | Citigroup Inc. | Buy | $50.00 to $46.00 |
| 2014-02-21 | Boost Price Target | Needham & Company LLC | Buy | $40.00 to $50.00 |
| 2014-02-21 | Boost Price Target | Barclays | $45.00 to $47.00 | |
| 2014-01-21 | Boost Price Target | Barclays | Overweight | $41.00 to $45.00 |
| 2013-11-11 | Boost Price Target | Barclays | Overweight | $40.00 to $41.00 |
| 2013-11-11 | Reiterated Rating | Stifel Nicolaus | Buy | $42.00 |
| 2013-11-11 | Boost Price Target | Needham & Company LLC | Buy | $38.00 to $40.00 |
| 2013-10-28 | Reiterated | Stifel | Buy | $38 to $42 |
| 2013-10-28 | Reiterated Rating | Stifel Nicolaus | Buy | $38.00 to $42.00 |
| 2013-10-03 | Reiterated Rating | Needham & Company LLC | Buy | $36.00 |
| 2013-10-03 | Boost Price Target | Barclays | Overweight | $34.00 to $40.00 |
| 2013-06-04 | Initiated | UBS | Buy | $28 |
| 2013-04-10 | Initiated | Needham | Buy | $28 |
| 2012-03-28 | Reiterated | Barclays | Overweight | $21 to $23 |
| 2012-03-19 | Initiated | Stifel Nicolaus | Buy | $25 |
| 2016-07-09 | Reiterated Rating | Citigroup Inc. | Buy | |
| 2016-07-07 | Lower Price Target | Barclays PLC | Equal Weight | $85.00 to $75.00 |
| 2016-07-05 | Reiterated Rating | Cantor Fitzgerald | Buy | $84.00 |
| 2016-05-27 | Boost Price Target | Citigroup Inc. | Buy | $80.00 to $85.50 |
| 2016-05-06 | Upgrade | Barclays | Equal Weight to Overweight | $74.00 to $85.00 |
There is presents forecasts of rating agencies and recommendations for investors about this ticker
In EPAM 397 funds of 2213 total. Show all
| Fund name | Ticker shares |
|---|---|
| Capital Research Global Investors | 6.98M |
| Vanguard Group, Inc | 6.36M |
| BlackRock Inc. | 3.95M |
| WCM INVESTMENT MANAGEMENT/CA | 3.59M |
| ALLIANCEBERNSTEIN L.P. | 2.81M |
| JPMORGAN CHASE & CO | 2.62M |
| Capital World Investors | 2.24M |
| STATE STREET CORP | 2.19M |
| OPPENHEIMER FUNDS INC | 1.58M |
| BlackRock Fund Advisors | 1.49M |
| FMR LLC | 1.39M |
| LONE PINE CAPITAL LLC | 1.24M |
| BlackRock Institutional Trust Company, N.A. | 1.18M |
| Invesco Ltd. | 1.13M |
| GEODE CAPITAL MANAGEMENT, LLC | 1.12M |
| Name Relationship | Total Shares | Holding stocks |
|---|---|---|
| Dobkin Arkadiy CEO, President, Chairman | 3.83% (1821356) | EPAM / |
| Spencer Donald | 0.47% (221385) | EPAM / |
| Guff Andrew | 0.47% (221385) | EPAM / |
| RUSSIA PARTNERS II LP | 0.29% (135984) | EPAM / |
| Shnayder Boris SVP/Co-Head of Global Business | 0.05% (23833) | EPAM / |
| Cantor Ilya Sr. VP, CFO, Treasurer | 0.04% (20000) | EPAM / |
| Dvorkin Viktar SVP/Head of Global Delivery | 0.04% (18058) | EPAM / |
| Fejes Balazs SVP, Global Head of FSBU | 0.03% (16458) | EPAM / |
| Segert Robert E. | 0.03% (16110) | EPAM / |
| Vargo Ronald P | 0.03% (13410) | ENS / EPAM / FOE / |
| Yezhkov Sergey SVP/Co-Head of Global Business | 0.03% (12321) | EPAM / |
| Shekhter Elaina Chief Marketing Officer | 0.03% (12032) | EPAM / |
| Conte Anthony J VP, CFO, Treasurer | 0.02% (11610) | EPAM / |
| Peterson Jason D. Chief Financial Officer | 0.02% (11347) | EPAM / |
| Harman Jason SVP/Co-Head of Global Business | 0.02% (10828) | EPAM / |
| Solomon Lawrence F SVP & Chief People Officer | 0.02% (10378) | EPAM / |
| Mosier Ginger VP, General Counsel, Corp. Sec | 0.02% (9883) | EPAM / |
| Mayoras Richard Michael | 0.02% (9329) | EPAM / |
| Kuerpick Peter | 0.01% (5944) | EPAM / |
| Robb Karl President of EU Operations,EVP | 0.01% (3342) | EPAM / |
| Smart Jill | 0.01% (2883) | EPAM / |
| Abrahams Gary C VP, Corporate Controller, PAO | 0.01% (2658) | EPAM / |
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