EPAM Systems stock reports 4.6 percent revenue growth
Published on 09/30/2026 at 16:38 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
EPAM Systems (ISIN US26874Q1031) reported quarterly revenue of USD 1.41 billion for Q2 2026, up 4.6 percent from the same period a year earlier. The figures put the software and digital engineering provider at the center of a debate over whether artificial intelligence demand can offset slower core growth.
Revenue reaches USD 1.41 billion
According to MarketBeat on September 15, 2026, EPAM reported Q2 earnings on August 6, 2026, with revenue of USD 1.41 billion and year-over-year growth of 4.6 percent. The same report said quarterly earnings per share exceeded consensus, while full-year 2026 adjusted EPS guidance stood at USD 13.08 to USD 13.24.
EPAM's revenue comparison is more restrained than its profit improvement. The Globe and Mail reported on September 25, 2026, that Q2 net profit reached USD 102.98 million, compared with USD 88.03 million in the prior-year quarter. Revenue rose from USD 1.35 billion to USD 1.41 billion over the same comparison.
Analysts divide on valuation
Wells Fargo analyst Jason Kupferberg maintained a Buy rating and a USD 156.00 price target on September 25, 2026, according to The Globe and Mail. The target contrasts with the USD 116.47 average target and Hold consensus among 17 analysts cited by MarketBeat on September 15, 2026.
The split reflects a measurable trade-off. Q2 profit advanced from USD 88.03 million to USD 102.98 million, but revenue growth reached 4.6 percent, leaving the pace of expansion below the double-digit rates associated with earlier periods.
Market value stays below yearly high
EPAM Systems had a market capitalization of USD 5.6 billion on September 30, 2026. Its NYSE 52-week range was USD 73.06 to USD 222.53 on that date, a wide spread that keeps earnings execution and demand visibility central to the valuation discussion.
Analyst target sets next checkpoint
The company combines software engineering, cloud transformation, data and analytics, artificial intelligence, cybersecurity and consulting services, according to MarketBeat. For investors, the key comparison is therefore clear: the USD 156.00 Wells Fargo target assumes a faster improvement in growth and margins than the USD 116.47 analyst average implies.
EPAM Systems stock facts
- Company: EPAM Systems, Inc.
- ISIN: US26874Q1031
- Ticker: EPAM
- Primary exchange: NYSE
- Market capitalization: USD 5.6 billion (as of September 30, 2026)
- 52-week range: USD 73.06-USD 222.53 (as of September 30, 2026)
- Sector / Industry: Technology / IT Services
