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EPAM $276.37

EPAM target price
276.37
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0
EPAM Systems
Type
Public
Traded as NYSE: EPAM
Industry Software engineering, Outsourcing
Founded 1993
Headquarters Newtown, Pennsylvania, United States
Area served
Globally
Key people

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

Ginger Mosier, SVP, General Counsel & Corporate Secretary
Services Software Product Development, Application Development, Enterprise Application Platforms, Application Testing, Application Maintenance and Support, ASM and Infrastructure Services
Revenue Increase US$ 1.16 billion (FY'16)
Operating income
Increase US$ 133.70 million (FY'16)
Number of employees
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.

Q reports

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

Ratings

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

Major Shareholders

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 /