EPAM
EPAM SystemsNYSEInformation TechnologyInformation Technology ServicesSnapshot 2026-05-08
As of May 8, 2026, EPAM has a composite score of 34.6 and a signal label of "favorable." The company momentum score increased significantly by 38.7 points, rising from -21.6 to 17.1, contributing to the higher confidence label, which changed from "medium" to "high." The top drivers influencing this scoring include macroeconomic factors such as rates, growth, inflation, and labor.
Price
Daily closes from AlphaVantage. Earnings/event dots are placed inline.
Factor signals
Read top-to-bottom: thesis (is this a strong company over a 1–3 year hold), watch flags (has something changed worth re-reading), and position context (how violent might the path be). Each pill is a parallel diagnostic — never aggregated into a single score.
Thesis
— is this a strong company over a 1–3 year hold?Why this rank
- Direction share1.00
- Slope (norm)0.13
- Bonus0.00
Why this rank
Trailing four: 2024-Q3, 2025-Q1, 2025-Q2, 2025-Q3
Why this rank
Watch
— has something changed worth re-reading?Why this setup
EPS estimate $3.12 → $3.10 (-0.6% / 30d). 1 raised, 6 cut, 17 covering analysts.
0 upgrades, 1 downgrade / 30d, 9 maintained. 68% of analysts rate Buy.
6 PT revisions / 30d. Avg target 31.7% above current price.
0 positive, 1 negative / 30d. See F4 management tile for the event list.
F4 · Management deep-dive — recent events, stated priorities, guidance track record
Recent 8-K events
2 material events in the last 24 months — top 2 listed below.
Stated priorities
3 priorityies extracted from earnings transcripts (as of 2026-05-08).
- 1.Transform into an AI-Native Organizationgrowthmixed60% progress
3/12: “CEO: 'Transform into an AI-Native Organization to capitalize on AI-native structure.'”
Why this status
Newly stated in 2026-Q1. EPAM is focusing on transforming into an AI-native organization to leverage AI capabilities. Revenue guidance for 2026 is $1.4 to $1.415 billion for Q2, indicating a focus on growth. However, the financials show an earnings miss in Q1 2026, suggesting limited progress in immediate financial impact.
- 2.Drive Profitable Growthgrowthmixed60% progress
3/12: “CEO: 'Executing a clear strategy to drive our next phase of profitable growth.'”
Why this status
Newly stated in 2026-Q1. Revenue grew from $1.3 billion in 2025-Q1 to $1.4 billion in 2025-Q4, indicating some progress in growth. However, the Q1 2026 earnings miss suggests challenges in maintaining profitability. The trajectory shows growth but with profitability concerns.
- 3.Strengthen AI Capabilitiesgrowthmixed60% progress
3/12: “CEO: 'Strengthening internal and client-facing AI capabilities to capitalize on the global AI transformation.'”
Why this status
Newly stated in 2026-Q1. EPAM is focusing on enhancing AI capabilities to leverage global AI transformation opportunities. While the strategic focus is clear, the Q1 2026 earnings miss indicates limited immediate financial impact from these efforts. The trajectory is in early stages with potential for future growth.
Guidance track record
Last 8 quarters of EPS guidance with actuals.
Per-quarter detail
| Period | Guidance | Actual | Result |
|---|---|---|---|
| 2024-03-31 | $1.79 – $1.87 | $2.46 | beat |
| 2024-06-30 | $1.52 – $1.60 | $2.45 | beat |
| 2024-09-30 | $1.75 – $1.83 | $3.12 | beat |
| 2025-03-31 | $1.27 – $1.37 | $2.41 | beat |
| 2025-06-30 | 1.67 – 1.75 | 2.77 | beat |
| 2025-09-30 | $1.89 – $1.97 | $3.08 | beat |
| 2025-12-31 | $2.00 – $2.08 | $3.26 | beat |
| 2026-03-31 | $1.32 – $1.40 | $2.86 | beat |
Beat / inside / miss is computed from the guided range when issued; for point-estimate quarters a ±5% tolerance band around the mid is used. surprise_pct_vs_mid is unstable when guided EPS is near zero, so it is not surfaced as a headline.
Position context
— how violent might the path be while I hold it?Why this risk level
Recent vol — 30d annualized 35%; 252d 44%.
Drawdown — Max 1y −55%. Bad day move −4%.
Beta to sector ETF (XLK) — 0.03 over 1y.
Liquidity — score 100/100.
Sub-scores — vol 27/100, drawdown 0/100, beta 3/100, earnings vol —.
via XLK
Tailwind = sector leading the S&P 500; headwind = trailing. Both can be constructive — historically, headwind regimes have averaged stronger forward returns than tailwind.
Context label only — describes the market state (e.g. real bear vs narrative panic, healthy uptrend vs late-stage froth). It is not a per-ticker buy/sell signal and does not predict factor performance.
Not investment advice. As of 2026-05-08.
What changed
The most important moves since the prior daily snapshot.
- score change · company_momentum_scoreseverity 65
Company momentum rose by 38.7 points (from -21.6 to 17.1).
- label change · confidence_labelseverity 20
Confidence changed from 'medium' to 'high'.
- label change · signal_labelseverity 20
Signal changed from 'mild_favorable' to 'favorable'.
As of May 8, 2026, EPAM's company momentum score rose by 38.7 points, increasing from -21.6 to 17.1. The confidence label changed from 'medium' to 'high', and the signal label transitioned from 'mild_favorable' to 'favorable'.
as of 2026-05-08
Management scorecard
How management runs the business — capital, margins, balance sheet, and how reliably they guide and deliver.
Met or beat guidance 100% of the last 8 guided quarters · 49.5% avg surprise
What management is focused on
Priorities management has stated in recent disclosures, with status and evidence drawn from earnings calls, filings, and press releases.
- #1
Transform into an AI-Native Organization
GrowthEPAM aims to transform into an AI-native organization to capitalize on AI-native structure and expand offerings.
MixedNewly stated in 2026-Q1. EPAM is focusing on transforming into an AI-native organization to leverage AI capabilities. Revenue guidance for 2026 is $1.4 to $1.415 billion for Q2, indicating a focus on growth. However, the financials show an earnings miss in Q1 2026, suggesting limited progress in immediate financial impact.
60%CEO/CFO:“CEO: 'Transform into an AI-Native Organization to capitalize on AI-native structure.'”Press releaseSource dated 2026-03-12Stated 1 of last 8 quartersFirst seen 2026-03-12Show history (1)
- 2026-Q1Press release
“CEO: 'Transform into an AI-Native Organization to capitalize on AI-native structure.'”
- #2
Drive Profitable Growth
GrowthEPAM is executing a strategy to drive its next phase of profitable growth.
MixedNewly stated in 2026-Q1. Revenue grew from $1.3 billion in 2025-Q1 to $1.4 billion in 2025-Q4, indicating some progress in growth. However, the Q1 2026 earnings miss suggests challenges in maintaining profitability. The trajectory shows growth but with profitability concerns.
60%CEO/CFO:“CEO: 'Executing a clear strategy to drive our next phase of profitable growth.'”Press releaseSource dated 2026-03-12Stated 1 of last 8 quartersFirst seen 2026-03-12Show history (1)
- 2026-Q1Press release
“CEO: 'Executing a clear strategy to drive our next phase of profitable growth.'”
- #3
Strengthen AI Capabilities
GrowthEPAM is focusing on strengthening internal and client-facing AI capabilities.
MixedNewly stated in 2026-Q1. EPAM is focusing on enhancing AI capabilities to leverage global AI transformation opportunities. While the strategic focus is clear, the Q1 2026 earnings miss indicates limited immediate financial impact from these efforts. The trajectory is in early stages with potential for future growth.
60%CEO/CFO:“CEO: 'Strengthening internal and client-facing AI capabilities to capitalize on the global AI transformation.'”Press releaseSource dated 2026-03-12Stated 1 of last 8 quartersFirst seen 2026-03-12Show history (1)
- 2026-Q1Press release
“CEO: 'Strengthening internal and client-facing AI capabilities to capitalize on the global AI transformation.'”
How this stock is priced
Two ways to read price: against peers in the same business, and against the company's own history.
Looks cheaper than most peers in the same business.
Cheaper than its own typical valuation.
P/E over the last 5 years
71 monthly pointsHow this compares
A side-by-side read on composite, valuation, and risk versus peers.
| Stock | Composite | Valuation | Risk |
|---|---|---|---|
EPAM EPAM Systems | +35 | inexpensive | elevated |
NVDA NVIDIA Corporation | +20 | full | moderate |
AAPL Apple Inc | +19 | full | moderate |
MSFT Microsoft | +27 | fair | elevated |
AVGO Broadcom | +11 | expensive | elevated |
Risk — how this stock moves
What a normal day looks like, what a bad day looks like, and the worst the last year has thrown at it.
What could change this view
Conditional scenarios — if X happens, the score would shift by about Y points. These are not predictions.
- If information_technology sector trend rises from +0.08 into 'improving' (>= +0.20)+5.0 pts
- If next-quarter guidance is raised (currently NEW as of 2026-05-07)+4.0 pts
- If next-quarter guidance is cut (currently NEW as of 2026-05-07)-8.0 pts
- If rates state reverses from -0.37 (negative) to +0.37 (positive)-7.3 pts
- If information_technology sector trend falls from +0.08 into 'weakening' (<= -0.20)-5.0 pts
Material updates
Recent SEC 8-K filings ranked by likely impact, confidence, and recency.
- 2026-05-062d agoItem 2.02
Results of Operations and Financial Condition. On May 7, 2026, EPAM Systems, Inc. (the “Company” or “EPAM”) issued a press release and an infographic discussing its results of operations for the first quarter ended March 31, 2026. A copy of the press release and the infographic are attached as Exhibits 99.1 and 99.2, respectively, to this report and are incorporated by reference into this
earnings preannouncementnegativescore 76 - 2026-04-011mo agoItem 5.02
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers Effective March 31, 2026, the Board of Directors of EPAM Systems, Inc. (the “Company”) approved a grant of restricted stock units valued at $3,000,000 (the “RSU Grant”) under the EPAM Systems, Inc. 2025 Long Term Incentive Plan to Viktar Dvorkin, the Company’s Senior Vice President, Global Head of Advanced Engineering, Cloud & Enterprise Platforms.…
executive changeneutralscore 24 - 2026-03-042mo agoItem 1.01
of this report under the share repurchase authorization approved by the Board in October 2025. A copy of the press release announcing the ASR Transaction is attached to this report as Exhibit 99.1 and is incorporated herein by reference. The information in this Item 7.01, including Exhibit 99.1, shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “ Exchange Act ”), or otherwise subject to the liabilities of that section, or incorporat…
capital allocationpositivescore 15 - 2026-02-192mo agoItem 2.02
of Form 8-K and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934 (the “Exchange Act”) or otherwise be subject to the liability of that section, nor shall it be deemed incorporated by reference in any filing under the Exchange Act or the Securities Act of 1933, except as expressly stated by specific reference in such a filing.
earnings preannouncementneutralscore 11
Score history
The composite score, snapshot by snapshot. The dotted line at zero separates leaning-positive from leaning-negative.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.