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Barchart
Barchart
Rashmi Kumari

Is Wall Street Bullish or Bearish on EPAM Systems Stock?

EPAM

Valued at a market cap of $11.7 billion, EPAM Systems, Inc. (EPAM) provides digital platform engineering and software development services. Based in Newtown, Pennsylvania, the company serves various industries, including financial services, travel and consumer, software and hi-tech, information and media, life sciences, and healthcare.

Shares of this software engineering company have significantly underperformed the broader market over the past 52 weeks. EPAM has declined 20.5% over this time frame, while the broader S&P 500 Index ($SPX) has rallied 25.1%. In 2024, shares of EPAM are down 32.3%, compared to SPX’s 18% gain on a YTD basis. 

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