EPAM Systems, Inc. (EPAM)

Over the past six months, EPAM's stock price has experienced fluctuations. As of early October 2025, the stock has seen a rise of 3.37% to 6.53% over the last six months, though it has decreased by 21.18% over the last year. In Q1 2024, EPAM's stock experienced a significant downfall after the company lowered its 2024 revenue and EPS guidance. In Q2 2025, EPAM Systems raised its annual revenue and profit forecasts, driven by strong demand for its software services. An insider recently sold US$1.5 million worth of stock. EPAM Systems, Inc. was dropped from the FTSE All-World Index (USD). There was a high number of new directors appointed to the company. EPAM announced a strategic collaboration with BOSS on an immersive spatial experience powered by Apple Vision Pro.

Demand for EPAM Systems' products and services is considered a more discretionary type of IT enterprise spending, making it vulnerable during weaker macroeconomic times but favorable during strong economic periods. While there isn't a clear seasonal pattern, the company's demand is influenced by broader economic conditions and the ongoing trend of digital transformation. Currently, EPAM is experiencing strong demand for its software services, driven by enterprises heavily investing in artificial intelligence technologies, leading to elevated annual revenue and profit forecasts. However, in early 2024, EPAM noted a slower demand, particularly in financial services, business information & media, software, and consumer verticals, which led to a lowered guidance for 2024.

EPAM Systems, Inc. is a global leader in digital platform engineering and software development services, headquartered in Newtown, Pennsylvania, U.S. The company is a component of the S&P 500 index. EPAM specializes in software engineering services, digital platform engineering, and digital product design. It operates within the Technology Services sector, specifically in the Information Technology Services industry. EPAM's core business segments include Product Development, Digital Platform Engineering, Digital Engagement, and Digital Operations. Major products and services offered by EPAM include creating sophisticated software products for global software companies, developing digital platforms for seamless user experiences, custom software solutions, implementation and integration of enterprise-level applications, ensuring the quality and ongoing functionality of applications, application management and infrastructure support, strategic advice for digital transformation, and proprietary platforms such as TelescopeAI® and EPAM SolutionsHub. The company also launched DIAL 3.0, an open-source GenAI platform, in June 2025.

EPAM Systems has a significant global presence, operating in over 55 countries and regions across six continents. The company was founded in New Jersey, USA, and Minsk, Belarus. Over the years, it has expanded its operations globally, establishing a strong presence in North America, Europe, Asia, and Latin America. Key regions include the U.S., Canada, Argentina, Hungary, Germany, Switzerland, the UK, Poland, Ukraine, Armenia, China, India, Ireland, United Arab Emirates, Netherlands, and the Philippines. The majority of its revenue is generated from North American clients.

EPAM Systems has maintained a strong brand reputation over the past year, receiving numerous accolades and recognitions for its services, workplace culture, and technological leadership. EPAM was recognized as a leader in Digital Platform Engineering Services by Forrester and in three IDC MarketScapes. It was named the Top IT Vendor in Europe for a second consecutive year by Whitelane Research. EPAM was also recognized by Newsweek and Glassdoor as a Top 100 Most Loved Workplace and Best Place to Work, respectively. The company received the Partnership for Sustainability award from the UN Global Compact Network Ukraine for its humanitarian efforts and was recognized for its ESG initiatives. EPAM celebrated its 30th Anniversary in 2023 and expanded to new geographies, building AI Centers of Excellence.

EPAM Systems, Inc. has a mixed ownership structure, with a significant portion held by institutional investors. Approximately 90.83% to 91.58% of the stock is held by institutions. Individual investors and public companies hold a smaller percentage, and insiders own about 3.63% to 4.30% of the stock. Major institutional owners include Vanguard Group Inc., BlackRock, Inc., and Invesco Ltd. Notable individual owners include Russia Partners II LP, Donald Spencer, Andrew Guff, and Arkadiy Dobkin.