Epam stock price forecast analysts see EPAM stock price forecast

Analysts see EPAM stock price forecast staying firm due to diversification in both service sectors and geographic markets, reducing revenue dependency risk from any single region. EPAM Systems (NYSE:EPAM) has had a rough month with its share price down 24%. However, stock prices are usually driven by a company’s financial performance over the long term, which in this case looks quite promising. Specifically, we decided to study EPAM Systems' ROE in this article. On Feb. 20, EPAM shares closed down more than 12% after reporting its Q4 results . Its adjusted EPS of $2.84 surpassed Wall Street expectations of $2.75. The company’s revenue was $1.3 billion, topping Wall Street forecasts of $1.2 billion. EPAM expects full-year adjusted EPS to be between $10.45 and $10.75. Investor briefings suggest EPAM stock price forecast could outperform peers through 2024 if cross-industry digital transformation spending maintains current growth momentum, especially in regulated sectors.