EPAM Systems, Inc. (EPAM)

In the past six months, EPAM Systems' stock has been impacted by earnings reports, a stock repurchase program, and stock price movement. EPAM reported mixed EPS results in Q1-Q4 2024 and Q1-Q2 2025. In October 2025, EPAM announced a new stock repurchase program of up to $1 billion. As of October 20, 2025, the share price was $145.00, a decrease from $199.98 on October 21, 2024.

While specific detailed demand seasonality for EPAM Systems' products and services is not explicitly stated, the third quarter is often considered a seasonally weak quarter for IT services companies. Demand in the broader IT services market is currently driven by client investments in operational efficiency, strategic transformation, cost optimization, vendor consolidation programs, and increasing adoption of AI-led productivity initiatives. EPAM's focus on digital engineering, cloud, and AI-enabled transformation services aligns with these ongoing demand drivers.

EPAM Systems, Inc. is a global provider of digital platform engineering and software development services, operating within the Information Technology sector. The company specializes in helping businesses design, develop, and maintain software solutions. EPAM's services include software engineering and development, digital platform engineering, consulting and business transformation, cloud services, data analytics and AI/ML solutions, managed services and IT operations, and proprietary platforms and products like InfoNgen, TelescopeAI, and EPAM SolutionsHub.

EPAM Systems, Inc. has a significant global presence, serving clients across North America, Europe, Asia, and Australia, with operations in over 55 countries and regions. Key geographical markets for revenue generation include the United States, the United Kingdom, Switzerland, Germany, Netherlands, and Canada. The company has also expanded its presence in emerging markets, including Asia-Pacific and Latin America, with a workforce distributed across India, Central Asia, Latin America, and Eastern Europe.

EPAM Systems has a strong brand reputation, consistently recognized as a leader in the IT services and consulting industry. EPAM has been positioned as a leader in Product Development Services and Digital Platform Engineering Services by Forrester and ranked among the top IT services companies worldwide. Glassdoor ranked EPAM Systems #7 in its "Best-Led Companies 2025". EPAM is a founding member of the MACH Alliance and a partner in Google's Agent2Agent (A2A) protocol. The company has faced headwinds due to its historical workforce concentration in Belarus, Russia, and Ukraine, leading to a reorganization to diversify its global workforce.

EPAM Systems, Inc. has a significant level of institutional ownership, with institutions holding approximately 79% to 94% of the company's shares. Major institutional owners include Vanguard Group Inc., BlackRock, Inc., Invesco Ltd., Capital World Investors, State Street Corp, Ameriprise Financial Inc., Columbia Management Investment Advisers, LLC, and Massachusetts Financial Services Co. Individual insider transactions in 2025 show some selling activity by Sergey Yezhkov and Balazs Fejes, with a smaller buy by Sergey Yezhkov.