EPAM Systems, US29414B1044

EPAM launches Frontier AI service while EPAM Systems stock trades above EUR 97.63

Published on 10/06/2026 at 11:25 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Revenue reached USD 1.41 billion in the second quarter, up 4.50 percent year over year. EPAM Systems stock costs EUR 97.88 on October 6, 2026 after EUR 97.63.
EPAM Systems, US29414B1044, Illustration mit AI erstellt.

EPAM Systems (ISIN US29414B1044) was trading at EUR 97.88 at Lang & Schwarz on October 6, 2026 at 11:13 a.m. CEST, up 0.26 percent versus the prior close of EUR 97.63. On October 5, 2026, EPAM announced the launch of a Frontier AI service for specialized enterprise workflows.

Frontier AI targets complex workflows

The new offering combines high-fidelity data generation, model evaluation and custom reinforcement learning environments. EPAM says these environments will simulate enterprise systems so developers can test multi-step interactions, reasoning and tool use before production.

The commercial angle is clear: the service packages EPAM's engineering experience into support for companies and AI laboratories developing systems for domain-specific tasks. The announcement also ties the offering to existing partnerships with Anthropic, OpenAI, Google and Microsoft, giving the service an established ecosystem rather than a standalone product story.

Second-quarter revenue reached USD 1.41 billion

In the second quarter of 2026, EPAM reported revenue of USD 1.41 billion, up 4.50 percent from the second quarter of 2025, while net income rose 17.00 percent to USD 103.0 million, according to Simply Wall St. Earnings per share reached USD 1.97, compared with USD 1.56 in the year-earlier quarter.

That combination matters for the AI launch because revenue growth remains positive, but the expansion is measured against a demanding transformation cycle. Investors will next test whether new AI services can convert technical capabilities into larger contracts and faster growth.

November results set the next test

EPAM will release third-quarter 2026 results before its conference call on November 5, 2026, at 8:00 a.m. ET. The date gives the market a defined checkpoint for demand, margins and evidence that the Frontier AI strategy is reaching reported results.

EPAM's primary listing is on the NYSE, while its stock had a market capitalization of USD 5.7 billion and a 52-week range of USD 73.06 to USD 222.53 as of October 5, 2026. The wide range places the current market narrative between a sharp prior-year reset and the possibility of renewed confidence in AI-led services.

EPAM stock trades near EUR 98

At Lang & Schwarz, EPAM Systems stock was trading at EUR 97.88 on October 6, 2026 at 11:13 a.m. CEST, up 0.26 percent versus the Lang & Schwarz prior close of EUR 97.63. The further course of trading is shown by the continuously updated real-time quote of EPAM Systems stock.

EPAM Systems stock facts

  • Company: EPAM Systems, Inc.
  • ISIN: US29414B1044
  • Ticker: EPAM
  • Primary exchange: NYSE
  • Price Lang & Schwarz as of October 6, 2026, 11:13 a.m. CEST: EUR 97.88
  • Change versus prior close: plus 0.26 percent
  • Prior close Lang & Schwarz (October 5, 2026): EUR 97.63
  • Market capitalization: USD 5.7 billion (as of October 5, 2026)
  • 52-week range: USD 73.06-222.53 (as of October 5, 2026)
  • Sector / Industry: Technology / Information Technology Services
  • Next earnings date: November 5, 2026

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