EPAM stock jumps on a higher 2026 earnings outlook
Published on 08/19/2026 at 20:45 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
EPAM Systems (US26874Q1031) stock gained on August 19, 2026, after a fresh 2026 outlook put the focus on profit power, share repurchases and the next earnings step. The shares changed hands at $108.22 at 11:20 a.m. Eastern, with a market value of $5.58 billion and a 52-week range of $73.06 to $222.53.
Latest quarter
Recent coverage of EPAM's second quarter 2026 results said revenue reached $1,414.77 million and net income was $102.98 million. The same report said the company completed a $632.49 million buyback program that retired 3,801,717 shares, equal to 7.01% of the stock under the repurchase plan announced in October 2025.
The newest guidance in that coverage called for full-year 2026 GAAP diluted EPS of $8.22 to $8.38 and GAAP operating income of 10.5% to 11.0% of revenue. That range gives investors a concrete margin frame after a quarter in which revenue was still expanding while capital allocation stayed aggressive.
What the market is pricing
Consensus data in the same market snapshot points to an average target of $116.47 versus a reported price of $108.22, with 17 analysts on coverage and a Hold rating. The gap between the target and the quote is modest, which helps explain why the stock can react to guidance changes without needing a full rerating.
For context, the market snapshot also shows trailing 12-month EPS of $7.38 and a price-to-earnings ratio of 14.68. The stock is still far below the $222.53 upper end of its 52-week range, so the current debate is less about a stretched valuation and more about whether the 2026 operating margin plan can hold.
More on EPAM Systems
EPAM Systems builds digital platform engineering and software development services for enterprise clients, with the business profile centered on consulting, delivery and managed engineering work. That mix makes revenue growth, operating margin and buybacks the key figures to watch together rather than in isolation.
Price and setup
EPAM stock traded at $108.22 on August 19, 2026, according to the market snapshot used above. The combination of $1.41 billion in quarterly revenue, $102.98 million in net income and 2026 EPS guidance of $8.22 to $8.38 gives the move a clear numbers-backed backdrop.
Fact box
Company: EPAM Systems, Inc.
ISIN: US26874Q1031
Ticker: EPAM
Exchange: NYSE
Price (as of August 19, 2026, 11:20 a.m. ET): $108.22 USD
Market cap: $5.58 billion (as of August 19, 2026)
Sector / Industry: Technology / IT Services
Index membership: S&P 500
